Distribution Contract in Romania
The Romanian legal system does not provide for a specific discipline of the distribution contract. However, a similar type is known, namely the so-called "Contract de furnizare", regulated by art. 1766 et seq. Of the Crivil Code, which defines it as an agreement by which a party, called "furnizor", undertakes, upon receipt of a fee, to transfer, periodically or continuously, under one or more conditions, a specific quantity of goods or to provide certain services to the other party, called "beneficiar", which undertakes to take over the goods or to receive the provision of services. It is a bilateral, onerous, commutative and consensual contract. The duties of the "furnizor" include the obligation to transfer ownership of the goods, in addition to assuming the risk of losing the goods until the time of delivery, as well as providing a guarantee for any defects in the goods supplied. The furnizor has the possibility, if the contract is not personal or does not explicitly prohibit it, to subcontract the supply of goods or services to third parties. Romanian law does not include any entitlement to severance indemnity. The distribution contract terminates automatically if it has reached the established term or by a common will or if one of the two parties can no longer fulfill the contractual obligations, with the consequent right by the compliant party to take legal action.
SERVICES OFFERED IN ROMANIA
» ESTABLISHMENT OF COMPANIES, BRANCHES AND REPRESENTATIVE OFFICES
» ACQUISITION OF INDUSTRIAL GROUPS AND DUE DILIGENCE
» DRAFTING OF CONTRACTS IN COMPLIANCE WITH LOCAL LAWS
» PROTECTION OF INTELLECTUAL PROPERTY AT ALL LEVELS
» OBTAINING LICENSES, AUTHORIZATIONS, PERMITS FROM LOCAL AUTHORITIES
» DUE DILIGENCE ON ROMANIAN COMPANIES AND, IN GENERAL, ON NATURAL AND LEGAL PERSONS
» EXTRA-JUDICIAL ASSISTANCE IN NEGOTIATIONS WITH HIGH PROFILE LEGAL LEGALS IN ROMANIAN AND ITALIAN
» CREDIT RECOVERY
» JUDICIAL PROCEEDINGS BEFORE THE ROMANIAN COURTS
» WIDE RANGE OF SERVICES IN THE FIELD OF INTERNATIONAL PRIVATE LAW
Disclaimer
Note the following:
This website and the information contained therein have been developed and provided by the Studio Legale de Capoa for information purposes only.This website is not intended to be, and does not replace, legal assistance. Do not use any information contained in these pages as a source of legal advice.This website contains direct links to sites that have not been prepared by the Studio Legale de Capoa. These links are offered as a courtesy. Studio Legale de Capoa has no relationship with them, and their mention does not imply validation or approval. Studio Legale de Capoa is not responsible for the contents of all linked sites or for all links contained in linked sites.This website is not for advertising purposes. Studio Legale de Capoa does not intend to represent anyone seeking representation on the basis of the review of this website in any place where it does not comply with all laws and ethical rules. No lawyer-client relationship is established between the users of the site and the de Capoa Law Firm.