News from 2010

Radu Rizoiu, Senior Partner at STOICA & Asociatii published in The Romanian Private Law Magazine no. 6/2009 the article “Asset securitization or The utopia of the perfect security”.

Asset securitization is a complex financing mechanism available to companies. It requires the company to hold certain receivables that could be used as collateral for issuing securities to be listed on the stock exchange.

The February number of the legal revue “Curierul Judiciar” was published. The “Newsletter" rubric of this number, drafted by the STOICA & Asociaţii lawyers, presents briefly the new changes to the Fiscal Code and the implementation of the European directives in terms of indirect taxes.

Also the February number of the legal revue “Curierul Judiciar” contains an article related to the Governmental Ordinance no. 109/2009 which briefly presents the main changes brought to the Fiscal Code in relation with the income and return tax. The article is signed by lawyer Dinu Drog, Senior Associate of STOICA & Asociatii.

Anca Caraiola, Partner at STOICA & Asociatii, published in the World Link for Law Newsletter the article “Romanian debt recovery procedures”. The article focuses on commercial debt recovery procedures in Romania and emphasizes the procedural tools available by a company for recovering a debt.