Pursuant to Article 226(1)(b) of Law No. 31/1990, a shareholder in a limited liability company (SRL) may withdraw “with the consent of all the other shareholders.” Under paragraph (3) of the same article, the rights of the withdrawing shareholder, corresponding to his/her shares, are determined by agreement between the shareholders Read more…
Romania’s remote gambling regulatory framework may be entering a new phase. ONJN has launched a public consultation on two draft orders that could significantly affect remote gambling operators, suppliers, affiliates, streamers and other stakeholders active in the Romanian iGaming market. The consultation is open until 17 July 2026. The first Read more…
In enforcement proceedings, speed of response can be decisive. In a recent matter, we secured a provisional suspension of enforcement within 24 hours of filing the application, in a case brought by a bank creditor. Below, we set out both the conditions that must be met for such an application Read more…
Under the Romanian online gambling regulatory regime, holders of a Class I licence may operate online gambling services through multiple domains, subject to the relevant authorisations issued by the National Gambling Office (ONJN). In practice, this enables licensed operators to structure their activity across multiple consumer-facing websites and brands within Read more…
How to Protect Your Claim When a Debtor Strategically Renounces an Inheritance Imagine you hold a valid claim against an individual—an unpaid loan, an outstanding commercial debt, or damages awarded by a court. You then discover that your debtor has deliberately renounced a valuable inheritance, not because the assets were Read more…
Romania continues to attract both new entrants and established players in the iGaming sector. At the same time, recent activity report published by the National Gambling Office (ONJN) highlights an increased focus on supervision and enforcement, reminding iGaming businesses that legal and compliance extend well beyond obtaining a licence. For those Read more…
In practice, most companies do not go into insolvency overnight. Problems arise gradually: delays in paying suppliers, difficulties in paying tax obligations, decreased liquidity or loss of important contracts. Often, the company’s management hopes that the situation will recover on its own. Unfortunately, it is often the postponement of decisions Read more…
Many entrepreneurs consider that the debts of a company belong exclusively to the company. In most cases, this is the case. However, there are situations in which the administrator can be held personally liable. Problems arise when it is found that certain decisions have contributed to the worsening of the Read more…
Foreclosure is, in practice, the moment when the relationship between the creditor and the debtor becomes the most tense. For the creditor, the objective is to recover the debt in the shortest possible time. For the debtor, the priority is to avoid enforcement measures that can significantly affect his activity Read more…
At the proposal of the Ministry of Labor, Family, Youth and Social Solidarity, the Government approved on 18 September 2025 the extension of the transition period from the REVISAL system to the REGES-ONLINE platform until 31December 2025, in order to support employers facing difficulties in the migration process.