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Replacing The Culpable Insolvency Practitioner According To Law No. 85/2014 (Romanian Code Of Insolvency)

Author

Listed:
  • Maria DUMITRU-NICA

    (PhD Associate Professor, ,,Petre Andrei” University, Faculty of Law, Suceava,Romania)

  • Camelia IGNATESCU

    (PhD Associate Professor, ,,Stefan cel Mare” University, Faculty of Economics and Public Administration, Suceava, Romania.)

Abstract

By adopting in June 2014 Law no.85 /2014 on procedures destined to prevent insolvency and of insolvency (“Insolvency Code”) they tried to remedy the shortcomings of the old regulations - Law no.85 / 2006 on insolvency. One of the controversial issues in doctrine but especially in the practice of courts targeted the replacement of the judicial administrator or of the liquidator. In this study we shall try to find out to what extent the desire pursued by the legislature was reached, indicating that our approach will address only the situation of replacement of the just insolvency practitioner due to his/her fault.

Suggested Citation

  • Maria DUMITRU-NICA & Camelia IGNATESCU, 2015. "Replacing The Culpable Insolvency Practitioner According To Law No. 85/2014 (Romanian Code Of Insolvency)," European Journal of Law and Public Administration, Editura LUMEN, vol. 2(3), pages 63-76, December.
    • Handle: RePEc:lum:ejlpa1:v:2:y:2015:i:3:p:63-76
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    More about this item

    Keywords

    insolvency; replacement of judicial administrator / liquidator / insolvency practitioner; syndic judge;
    All these keywords.

    JEL classification:

    • K - Law and Economics
    • K - Law and Economics

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