Adoption of the New Romanian Civil Code and Some Effects Thereof on the Business Law

Cristina Cojocaru ()
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Cristina Cojocaru: Academy of Economic Studies in Bucharest, Postal: RO

Journal of Advanced Research in Law and Economics, 2013, vol. 4, issue 2, 96-100

Abstract: On 1st October 2011 a new Romanian Civil code has been enacted which has included therein the regulations of commercial law This new regulation meant not only taking some provisions from the former Commercial Code thus repealed but also redefining some institutions of business law and placing them in another context Thus the notion of trader respectively professional has been redefined some contracts of a commercial nature have been introduced or regulated differently new institutions have been introduced and a unitary regulation has been accomplished in which the business law has been included in the larger sphere of civil law

Date: 2013
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