On 25th June 2014, the Official Gazette of Romania published the Law no. 85/2014 on procedures concerning prevention of insolvency and insolvency (the “Insolvency Code”) which came into force on 28th June 2014. Among the various changes brought by this Law, some are relevant for close out netting and are in line with the UNIDROIT Principles on the Operation of Close-out Netting Provisions, adopted on 2013. >>> Further information

By using unidroit.org you agree to our use of cookies to enhance your experience.     I understand   Know more