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General Considerations Concerning the Opening of Insolvency Proceedings of the Administrative-Territorial Units of Romania

Author

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  • Melinda Cenușe

    (University of Petrosani, Romania)

Abstract

The main objective of this paper is to talk about the concept of insolvency of Romanian administrative-territorial units, because during this year the Government elaborated a special Emergency Ordinance referring to the financial crisis and insolvency of Romanian administrative-territorial units. In this paper, we proposed to present in detail the method of starting and ending the procedure for opening insolvency proceedings of administrative-territorial units, since the whole process is a very extensive one and cannot be the subject of a single paper-work.

Suggested Citation

  • Melinda Cenușe, 2013. "General Considerations Concerning the Opening of Insolvency Proceedings of the Administrative-Territorial Units of Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(1), pages 55-60.
    • Handle: RePEc:pet:annals:v:13:y:2013:i:1:p:55-60
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    References listed on IDEAS

    as
    1. Oana-Carmen Dumitrescu & Doru-Bogdan Răvaş, 2006. "New Juridical and Economical Elements Brought by the Inovating Insolvency Law," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 6, pages 65-68.
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      More about this item

      Keywords

      Romanian administrative-territorial units; insolvency; Local Insolvency Register; the list of creditors;
      All these keywords.

      JEL classification:

      • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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