High Court of Cassation and Justice
PRESS RELEASE
In its session of 12 December 2022, the High Court of Cassation and Justice – Panel for Appeals in the interest of the Law, lawfully established in the Case, considered an appeal in the interest of the law and returned the following Judgment:
Decision No 27 in Case No 2180/1/2022
Sustains the appeal in the interest of the law brought by the Governing Board of the Court of Appeal of Iaşi and in the uniform interpretation and application of the provisions of Article 174 of Law No 85/2014 on insolvency prevention and insolvency proceedings, as amended and supplemented, Article 173 para. (2), as well as art. 180 of the same law, establishes that:
Insolvency proceedings may not be closed prior to the resolution by a final judgment of the action for the incurrence of liability for insolvency brought pursuant to Article 169 of Law No. 85/2014.
Mandatory, according to the provisions of Art. 517 para. (4) of the Code of Civil Procedure.
Delivered in public session today, 12 December 2022.
After the justification is written and the Judgment signed it shall be published in the Official Journal of Romania, Part I.