Recent legislative amendments to insolvency
Recent legislative amendments to insolvency – Law No. 216/2022 has amended the insolvency Law No. 85/2014 to comply with EU Directive No. 2019/1.023 concerning restructuring and insolvency. The main target of the new law is to expand and regulate the procedures for the treatment of a company in difficulty before the insolvency procedure. There are two alternative procedures: the restructuring…