ELEMENTE DE NOUTATE SEMNIFICATIVE ÎN DOMENIUL PREVENIRII INSOLVENȚEI ȘI AL INSOLVENȚEI REGLEMENTATE PRIN LEGEA NR. 85/2014 ÎN RAPORT CU ACTUL NORMATIV ANTERIOR ÎN MATERIE (LEGEA NR. 85/2006)

In this study the authors intend to point out the significant novelties brought in the matter by the Law No 85/2014 on the procedures for preventing insolvency and for insolvency, as compared to the previous regulation (the Law No 85/2006). This being the case, the authors examine the mentioned novelties: (I) as concerns the judgment within the insolvency procedure; (II) with reference to the effects of the insolvency procedure; (III) in the field of reorganization and bankruptcy. Finally, the authors come to the conclusion that the Law No 85/2014 succeeds to cover a series of legislative gaps, to settle some controversial issues in the legal practice and, finally, to provide some equitable solutions where the provisions of the old law (No 85/2006) were rightfully criticized.