From the moment when the debtor and / or the creditors registered with the court the applications for opening the insolvency proceedings, the syndic judge is entrusted with their resolution, which essentially consists of the opening or not of the insolvency procedure.
With novelty, Law no. 85/2014 on Insolvency and Insolvency Prevention Procedures regulated for both the debtor and the creditors the possibility that, after the filing of the application and until the date of its settlement, it would formulate requests for a presidential ordinance aimed either at the temporary suspension of individual enforcement measures against the debtor or the suspension of assets or property rights from the debtor's assets or the imposition of measures to preserve them.
European Union Law
UE Law and Comparative Law
Articles (Studies, discussions, comments)