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LEGAL UPDATE: New Rules for Insolvency Proceedings

 

28 December 2012

Chisinau, Moldova
- 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 Therefore, the provisions of the Insolvency Law nr. 632 of 14 Nov. 2001 (the "Old Law") will be repealed and certain new rules for conducting insolvency proceedings will be established in March 2013, within 180 days from the publication date of the New Law. 

Please find below the legal newletter presenting the novelties established by the New Law. For further details and questions on this newsletter, please contact associate Vladimir Palamarciuc: Vladimir.Palamarciuc [AT] turcanlaw.md.

Download the Legal Update