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Aspects Concerning The Joint Venture Under The Regulation Of The New Civil Code

Author

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  • Ana-Maria Lupulescu

    () (Law Department, Bucharest University of Economic Studies, Romania)

Abstract

The New Civil Code makes the transition, for the first time in the Romanian legal system, from the duality to the unity of private law. Consequently, the Civil Code contains a legal regulation more structured and comprehensive, although not entirely safe from any criticism, in relation to the company, with particular reference to the simple company, regulation that expressly characterizes itself as the common law in this field. Within these general provisions, the legislator has considered the joint venture, to which, however, as in the previous regulation contained in the old Commercial Code – now repealed –, it does not devote too many legal provisions, in order to maintain the flexibility of this form of company. Therefore, this approach appears particularly useful for analysts in law and, especially, for practitioners, since it aims to achieve a comprehensive analysis of the joint venture, form of company with practical incidence.

Suggested Citation

  • Ana-Maria Lupulescu, 2013. "Aspects Concerning The Joint Venture Under The Regulation Of The New Civil Code," "Perspectives of Business Law” Journal, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 2(1), pages 127-132, December.
  • Handle: RePEc:sja:journl:v:2:y:2013:i:1:p:127-132
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    Keywords

    companies; joint venture; company contract; juridical nature and juridical characters;

    JEL classification:

    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law

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