Legislation
The legal framework
of insolvency.
Law no. 85/2014
On insolvency prevention and insolvency procedures
–Art. 5 — Definitions
–Art. 38 — Opening of the procedure
–Art. 58 — Effects of opening
–Art. 99 — Notification of creditors
–Art. 132 — The reorganisation plan
–Art. 159 — Classification of claims
Law no. 31/1990
Companies Law
–Art. 153 — Reduction of share capital
–Art. 237 — Dissolution of companies
–Art. 260 — Liquidation of companies
G.E.O. no. 86/2006
On the organisation of the activity of insolvency practitioners
–Art. 1 — Subject matter
–Art. 4 — Status of practitioner
–Art. 10 — Duties of the practitioner