What you need to know about new insolvency regulations

The Insolvency Act 1986 Regulations 2020 restore the Crown’s status as a preferential creditor – this is how this change could impact a law firm’s finances.

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New changes impacting the leasing legislation

Law no. 83/2021 amending and supplementing Government Ordinance no. 51/1997 on the leasing operations and the leasing companies was published on April 16, 2021 in the Official Gazette no. 401, Part I. Importantly, the provisions of Law no. 83/2021 may only be applied for leasing agreements concluded after its entry into force.

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