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The new preventive agreement procedure makes it easier for companies in difficulty to obtain the approval of a Restructuring Plan

The new preventive agreement procedure makes it easier for companies in difficulty to obtain the approval of a Restructuring Plan

Authors: Cristian Gavril, Director of PwC Business Recovery Services and Corneliu Musat, Senior Manager, PwC Business Recovery Services

Reducing the phenomenon of companies insolvency is a concern at the level of all states, especially in the conditions of economic crises, when the number of companies in difficulty increases.

For more information, please see the Romanian version of the article, here.

 

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PRICEWATERHOUSECOOPERS SERVICII SRL