Government Emergency Ordinance no. 88/2018 amended art. 143 of Law no. 85/2014, granting the possibility of initiating the enforcement procedure for debts accumulated during the insolvency procedure that are older than 60 days. The changes favor current creditors, who have been given the path to a separate procedure, thus avoiding the cumbersome process [...]
The recording of the acquisitions made as a business transfer or assets transfer, in the buyer's accounting ledgers, without the guidance of a multidisciplinary team of transactions, taxes and legal consultants, entail further tax implications and often costs and undertaken losses.