The Court System In Romania
Organized by the Law no. 304/2004 regarding the judicial organization, the judicial system in Romania is structured in the form of a pyramid. On the top of the pyramid is the Highest Court of Cassation and Justice, next the Appeal Courts and Military Court of Appeal, Tribunals, specialized tribunals, Military tribunals and on the bottom of the pyramid, the First instance courts.
New insolvency code
The highly expected law regarding the insolvency proceedings, Law 85/2014, was released June 25, in Official Gazette no. 466/2014 and has entered into force on Saturday, 28.06.2014.
June Newsletter
Our newsletter for June 2014 can be accessed here.