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Bankruptcy Offences In The Context Of The Economic Crisis And Legislative Changes

Author

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  • Ioniță Gheorghe-Iulian

    () (Romanian American University)

Abstract

Considering the relation it has with the economic and legal realities it reflects, but also in the context of such realities, mainly the economic crisis and the current and future legislative changes,bankruptcy remains a very modern issue.By incriminating simple and fraudulent bankruptcy offences, some of the facts or acts committed by the debtor’s representatives to fraud the creditors are sanctioned, being in close connection with the creditor’s insolvency status.The express incrimination of such crimes in the new Criminal Code under title II, chapter III, “Offences against patrimony through ignorance of trust” creates the conditions necessary to strengthen the security of legal and economic relations upon which any commercial activity rely, through mutual trust that should exist among traders.

Suggested Citation

  • Ioniță Gheorghe-Iulian, 2011. "Bankruptcy Offences In The Context Of The Economic Crisis And Legislative Changes," Romanian Economic Business Review, Romanian-American University, vol. 6(4), pages 59-67, december.
  • Handle: RePEc:rau:journl:v:6:y:2011:i:4:p:59-67
    as

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