The Commercial Law constitutes one of the most dynamic sectors of Law, as especially following the economic update of the last years it has been reformed to meet the increasing requirements for greater flexibility in the corporate form and the facilitation of new company forms’ incorporation with less prerequisites. And to meet the global progress seeking to maintain the healthy enterprises “alive” through an extended reform of the current legislation for the commercial companies’ reconstruction and the recent updates concerning the mechanism of extra-judicial debt settlement of the enterprises, based on international standards.
The advances in global level imposed radical changes in the handling method of corporate debts and their debt settlement to third parties, individuals or financial institutions, having as a purpose the maintenance of the enterprises that have the guarantees stipulated by the Law.
The utilisation of new tools provided by the Law requires the overall consideration of the relevant progress under the aspect of the global settings that offer additional legislative tools and sustainable solutions to the enterprises.
Our office watches closely all the relevant updates and is here for your company’s safest securing of interests.