COURT
39 articole · RSS
Bucharest Court Of Law Orders Start Of Bankruptcy Proceedings For UCM Resita
UCM Resita (UCM.RO), a company from which Hidroelectrica (H2O.RO) took over 40% of its assets via Uzina de Constructii Masini Hidroenergetice last year, on Wednesday notified the Bucharest Stock Exchange that the Bucharest Court of Law on April 1 ordered the s...
What Will Courts Have To Say About Net Salary Cuts?
Employers who cut the net salaries of their employees as of 2018 because of the transfer of the social security tax from employers to employees might find themselves taken to court by disgru...
Court Rejects Insolvency Request Of Energy Holding CE Hunedoara
The Alba Iulia Court of Appeals on Tuesday rejected the request for opening the general insolvency procedure for state-run energy holding Complexul Energetic Hunedoara (CEH), which had been...
Electricity And Thermal Power Producer ELCEN Goes Insolvent
Bucharest Court on Thursday admitted the insolvency request filed by state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN); KPMG Restructuring was appointed as t...
Energy Holding CE Hunedoara Reenters Insolvency
State-run energy holding Complexul Energetic Hunedoara entered insolvency again on Thursday, while GMC SPRL Craiova was reappointed as judicial administrator, to the detriment of Euro Insol,...
Astra Asigurari Majority Shareholder Mulls Suing Romanian State
TNG, the majority shareholder of insurance company Astra Asigurari, wants to sue the Romanian state at an international investment court for violating its rights in accordance with several b...
Court Rejects Energy Holding’s Appeal Against Termination Of Contract With Hidroelectrica
The Bucharest Court of Appeals rejected the appeal filed by energy trader Energy Holding against the termination of the energy contract concluded with state-owned power producer Hidroelectri...
EC Refers 6 States, Including Romania, To EU Court Of Justice Over Failure To Transpose Bank Recovery Rules
The European Commission has decided to refer Romania, the Czech Republic, Luxembourg, the Netherlands, Poland and Sweden to the Court of Justice of the EU over failure to transpose legislati...
Bucharest Court Postpones Astra Bankruptcy Suit
Bucharest Court on Monday decided to postpone the suit on the bankruptcy of insurer Astra Asigurari, requested by Romania's Financial Supervisory Authority ASF after the company failed to ra...