• New Rules for Insolvency Proceedings
  • February 11, 2013
  • Law Firm: Turcan Cazac Law Firm - Chisinau Office
  • On 14 September 2012, the Insolvency Act nr. 149 of 29 June 2012 (the “New Law”) has been published. Therefore, the provisions of the Insolvency Law nr. 632 of 14 Nov. 2001 (the “Old Law”) will be repealed and certain new rules for conducting insolvency proceedings will be established in March 2013, within 180 days from the publication date of the New Law. Here, we introduce novelties provided by the New Law.