HCCJ. The finding of the unfairness of the risk commission clause. Effects

The High Court of Cssation and Justice decided that when finding invalid commission risk perception clause, the obligation to repay what has been performed under it has born, the nullity producing retroactive effect from the date of the conclusion of the contract,… Read moreHCCJ. The finding of the unfairness of the risk commission clause. Effects

Admissibility for overlapping the statutory interest with the updated claim

The High Court of Cassation and Justice has ruled that, as the legal nature of the statutory interest is different from the legal nature of the obligation to update the inflation rate, the first representing a penalty (for non-default interest payment… Read moreAdmissibility for overlapping the statutory interest with the updated claim

The Hight Court of Cassation and Justice. Limits regarding the judicial control of the arbitration award

The High Court of Cassation and Justice has ruled that, in accordance with art. 364 let. i) of the Civil Procedure Code (art. 608 par. 1 let. of the New Civil Procedure Code), the arbitral award may be set aside… Read moreThe Hight Court of Cassation and Justice. Limits regarding the judicial control of the arbitration award

New rules on public acquisitions. Emergency Ordinance no. 34/2006. Performance bond

Emergency Government Ordinance no. 51/28.06.2014 for modifying and completing Emergency Ordinance no. 34/2006 for allocating public acquisitions contracts, public works contracts and service agreements was published in part I of the Official Journal of Romania. With the purpose of accelerating the… Read moreNew rules on public acquisitions. Emergency Ordinance no. 34/2006. Performance bond

Public debate. Approving the accommodation centers regulation of foreigners taken into public custody / July 10, 2014

The Ministry of Internal Affairs is holding Thursday, July 10, 2014, the public debate regarding the draft Order approving the accommodation centers regulation of foreigners taken into public custody, meeting that will be attended by representatives from both MAI and… Read morePublic debate. Approving the accommodation centers regulation of foreigners taken into public custody / July 10, 2014