ro fr
universul juridic magazin


Recently Romania became the second country in Europe which decided to adopt special rules for the insolvency of companies that are part of a group. Law no. 85/2014 defines the groups of companies not only directly, but also through a series of related concepts like control and qualified participations. This paper aims to determine what exactly means groups of companies in the particular context of the insolvency procedure. In our opinion, the legal definitions are not very accurate. The reasons, consequences and possible remedies for this situation are discussed in the paper.