Transfer of Ownership on the Assets of a Company to the Partners in Case of Liquidation. Practical Aspects
Legal Aspects, Business and Commercial Law in a Global Context: 38Law 2021
The company, like any natural or legal person, has a limited existence in time, and its liquidation may involve the allocation of assets to former partners, as its successors. The Romanian law contains norms that regulate these aspects, but, in practice, problems have arisen either…