Legal regulation of the right of superficies mirrored throughout its history the need to meet specific needs in the area of housing. There were two causes for legal dedication lightly.On the one hand, the need for housing, which was long a social goal, and on the other hand, the rigidity of the legal status of the public domain, which did not allow the coexistence performance of several types of ownership.Legal consecration of sup...

The first part of the study aims to analyze the institution of trust and the property held in trust.Continuing the idea of the Roman-Germanic system, system which remain pervious only if the native elements do not afect its essence; we are not pleading for the efficiency of the trust’s and as a direct consequence, for its introduction in our law.This complex legal operation is an absolute novelty in the Romanian legal landscape, ev...

The business environment has great expectations with regards to the Law No. 85/2014 regarding the procedures of prevention of insolvency and of insolvency, that promises to ensure an equilibrium between the interests of the creditors and those of debtors, and which, moreover, has as intrinsically scope that emphasis on preventive measures (although there are no new elements or „import” of any international practice on insolvency prevention). ...

This article is based on the outline of the presentation made by the author at the „Cloud Computing: challenges and opportunities from data protection perspective” conference organised by Microsoft Romania on 4 June 2014. The contents revolves around what cloud computing means, as well as on some of the legal challenges often encountered in connection with this type of service. Nevertheless, the matters herein are presented in a concise fashio...

The coming into force of the new Romanian Civil Procedure Code, on February 15th 2013, has resulted in new rules on the civil trial with a foreign element, repealing the last remaining articles of Law no. 105/1992. This paper is the sixth of a series which aims to provide a general analisys of the new legal provisions, correlating them with the former regulation and relevant jurisprudence, as well as the European legislation with which it migh...

The current study has as a main objective the thorough analysis of the legal issues regarding the increase of the registered capital of a company in different stages of its existence, including the judiciary reorganization procedure, using as a method and a source the “compensation of liquid and exigibil claims of the company with its own shares” stipulated in the last thesis of article 210, paragraph 2, Law no. 31/1990. Moreover, I tried to ...

The article aproaches the issue of the profit treatement and distribution of dividends in a complete and applied way, including for the listed companies. Due to the fact that Law no. 31/1990 does not offer to the intrerpretor a clear and unequivocal text, one shoud try to find solutions resorting to the principles of law, European law, comparative law or the accounting/financial reporting standards. ...

A frequent practice in the business environment, the grant of price reductions by undertakings may trigger potential anti-competitive risks which are most likely to be present with respect to the price reductions granted by undertakings holding a dominant position. If historically, the analysis applied to discount policies applied by dominant undertakings corresponded to a formal approach, akin to a per se prohibition (the traditional approach)...

The new regulations on insolvency, as part of a project coordinated under the aegis of the World Bank and the International Monetary Fund, comes against the background of the amplification of the insolvency phenomenon, at both national and EU level. The tendencies recorded at European level involve a new approach, to save the business and to give a second chance to honest entrepreneurs, thus starting from the fact that insolvencies are “a fact ...

The debtor’s right of administration, consisting of the right to perform his activity, to manage his property and to dispose of it, is exercised through the agency of a special administrator, under the direct supervision of an insolvency administrator, during the observation procedure or reorganization period. Initiating the bankruptcy procedure has the direct effect of cancelling the debtor’s right of administration.The bankruptcy judg...