Managing Commercial Contracts in Times of Crisis: Inflation, Supply Chain Disruptions and the Impact of Global Conflicts
A legal analysis of the main causes of disruption affecting commercial contracts in times of crisis.
A legal analysis of the main causes of disruption affecting commercial contracts in times of crisis.
The study examines the applicable legal framework, primarily the provisions of Law no. 58/1934 and the regulations issued by the The National Bank of Romania, highlighting both bill-of-exchange procedures (direct action, recourse action, and bill enforcement) and extra-bill remedies, such as the causal action or unjust enrichment claim.
The present study focuses on the regulation of interim injunctions in Romania and Cyprus. The study is made from the perspective of two highly specialised lawyers with experience in interim injunctions in Romania and Cyprus respectively. Part (A) focuses on Interim Injunctions in Romania and Part (B) analyses interim injunctions in Cyprus.
Sarbu Partners received the Award for Excellence in International Commercial Arbitration at the 19th edition of the Gala Club Antreprenor, held in Bucharest on 19 March 2025. This award reflects the commitment of Sarbu Partners' team of arbitration lawyers to provide the highest standards of representation and legal assistance in international commercial arbitration.
The current study aims to bring to the foreground a practical perception of lesion, both as a vice of consent and as a mechanism for balancing a contract, by putting this institution in the context of modern economic reality.