Tag: Dan Jalbă

A few notes concerning “early maturity / early repayment of loan” and “penalty interest” in case of consumer default, as regulated by art. 38 of OUG no. 50 of 9 June 2010 regarding consumer credit contracts

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1. Falling behind schedule under a consumer loan will trigger for borrowers-consumers penalty interest rates, calculated by adding max. 3 percentage points on the top of the loan interest rate (see footnote, art. 38 para. (2) of O.U.G. 50/2010). The… Read moreA few notes concerning “early maturity / early repayment of loan” and “penalty interest” in case of consumer default, as regulated by art. 38 of OUG no. 50 of 9 June 2010 regarding consumer credit contracts

Biris Goran has assisted the owners with selling their interests in Kamino Cargo

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The law firm Biriş Goran (www.birisgoran.ro) has assisted the owners with selling their interests in Kamino Cargo (www.kamino.ro) to Menzies Aviation (www.menziesaviation.com). The transaction closed successfully. Kamino is a ground cargo handling operator at the International Airport Henri Coanda, Otopeni… Read moreBiris Goran has assisted the owners with selling their interests in Kamino Cargo