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The differences between the Emergency Situation Certificate and the force majeure notice

The differences between the Emergency Situation Certificate and the force majeure notice

Opinion material by Andreea Artenie, Partner, Mihnea Galgotiu – Sararu, Senior Managing Associate, and Ana Galgotiu-Sararu, Senior Associate at Reff & Asociatii

   

Since the publication of the Decree of the President of Romania no. 195/2020 regarding the establishment of the state of emergency, questions were born in the business community regarding the differences between the Emergency Situation Certificate (CSU), which has not been regulated in the past and which can be requested by economic operators affected by the COVID pandemic. -19, and the opinion of force majeure, existing in the legislation for a long time.

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

Authors

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REFF & ASOCIATII