TRANSPUNEREA DIRECTIVEI (UE) 2019/1023 CONCORDATUL PREVENTIV
ABSTRACT The bill implementing the transposition of Directive (EU) 2019/1023 introduces the ‘concordat preventiv’ judicial proceedings that entail an automatic stay of the individual enforcement proceedings. The debtor proposes to their affected creditors a restructuring plan that allows for a recovery of their debts at a rate higher than the recovery rate they would […]
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