Lefter, Cornelia; Lupulescu, Ana Maria - In: Theoretical and Applied Economics 1(518) (2008) 1(518), pp. 45-50
According to the Romanian law the debtor that faces financial difficulties of a certain extent can be the object of the insolvency procedure, regulated by Law no. 85/2006 concerning the insolvency procedure. Because the insolvent debtor is no longer trustworthy to its contractual partners and...
