Firon Bar-Nir

02/09/2026

Book the date - 10th of September 2026 - Cosmin Şovar, Managing Associate Firon Bar-Nir, speaker @ Big Business & the Romanian State, a conference powered by JURIDICE.ro.
Click on the link to see more.

Can good faith serve as a criterion for assessing the legality and appropriateness of an administrative act?

14/08/2026

Happy to be part of the debate - our very own Cosmin Şovar is a speaker with the JURIDICE.ro event on the 10th of September.
Click on the link to learn more about our discussions on the matter of Big Business and the Romanian State.

Tematică: urbanism și autorizări de construcții, achiziții publice, administrație publică, concurență, energie, insolvență, fiscalitate Unde: Conferința se va transmite LIVE ONLINE pe video.juridice.

29/07/2026

Insolvency provides protection from abuse:
👉Judicial review: All major decisions are supervised by a judicial administrator and a judge.
👉Equal treatment: Creditors are paid in an orderly manner, according to the law, removing illegal individual pressures.

27/07/2026

Maintaining the current business becomes possible with insolvency:
👉Continuity: The company continues to operate, produce, and sell.
👉Keeping Contracts: Vital ongoing contracts (suppliers, utilities) cannot be terminated just because of insolvency.
👉Job protection: Employees can keep their jobs during the reorganization.

24/07/2026

The chance of judicial reorganization looks like this:
👉Recovery plan: The company can propose a formal reorganization plan for a fixed period.
👉Debt reduction: The plan may include "haircuts" (partial cancellation of some debts).
👉Extended rescheduling: The remaining payments are rescheduled over a period of several years.

22/07/2026

🤚Freezing interest and penalties 🤚
👉Stopping debts: Interest, mark-ups and late payment penalties no longer accrue.
👉Stable debts: The total amount owed is 'frozen' at the value at the time of the opening of the procedure.
👉Predictability: The company knows exactly how much it has to pay, with no hidden additional costs.

20/07/2026

Automatic stopping of foreclosures
👉Blocking creditors: All foreclosure proceedings against the company are suspended by law.
👉Asset protection: Creditors can no longer confiscate the company's assets, accounts or equipment.
👉Breathing space: Management gains time to analyze problems without the pressure of executions.

17/07/2026

Insolvency does not automatically mean bankruptcy or termination of activity. For companies in financial difficulty, it functions as a legal protection and rescue mechanism.

01/06/2026

25/04/2026

Firon Bar-Nir Moldovan Cotorogea, international law firm, is looking for 1 lawyer with 2-5 years of experience to join the Litigation team.
Click on the link and find out whether you can become our colleague!

Firon Bar-Nir Moldovan Cotorogea, international law firm, is looking for 1 lawyer with 2-5 years of experience to join the Litigation team