Commercial law
After having successfully established your company, we can also provide you with further legal support for your investment. Be it via retainers for continuous legal support, or by providing you targeted legal advice with regard to specific questions, we can support you in the following areas:
1. Contract drafting
At each Romanian subsidiary the need for contract drafting will arise in time, to a certain degree. When employing new staff, labor contracts shall be needed. Romanian legal provisions are not very flexible to this regard: you will basically have to fill in and file the contract-forms provided by law. But here there are also some practical solutions: the detailed contract that was signed with your employee and where all the important clauses are contained can be filed as an annex to the legal form.
There will be contracts to be signed with suppliers and clients. Here it is also advisable to have the contracts drafted according to the Romanian relevant regulations, or to adapt them to these. We take great care to include all the clauses, which are of importance to you, in a professional and beneficial manner: clearly defining the object of your contract, of the delivery rules and terms, the price that was agreed upon, as well as relevant provisions for dispute-solving and litigation.
2. Recovery of outstanding debts. Debt recovery
Sadly debts are not always covered willingly. In some cases it may prove necessary to recover these debts by way of court and with the aid of a bailiff/marshal. Romanian laws do not always make it easy for a debtee to recover an outstanding debt. The procedure can be complex and lengthy, especially when the debtor decides to make use of all the legal means at its disposal. Enforcing a legal title can also develop into a lengthy procedure, due to the fact that the debtor has multiple possibilities to challenge the enforcement procedures. This is why speeding up these procedures is of the essence, especially in the case of account garnishments. Solid knowledge of the rules of procedure can make the difference here between a successful and a unsuccessful enforcement procedure.
3. Insolvency proceedings
Under certain circumstances the possibility may arise, than a supplier or client is involved in insolvency proceedings. The way you try to assert your claims is of the essence in these proceedings.
They can carry on for years, with mostly uncertain chances of success. This is why competent legal advice can make the difference in these proceedings. We have the experience and the required knowledge in order to support you with regard to all your enterprises in Romania.