The concerns about the fitness for purpose of the present British constitutional arrangements are exaggerated. The leadership shown by the courts, especially the UK Supreme Court, shows that a written constitution is not needed. Governmental action is always subject to review in the courts and whatever strategy a government may choose for the purpose of avoiding fundamental rights or other basic constitutional principles, the courts always hav...

This article examines the concept of privilege introduced in the Insolvency Law through legislative changes brought about by Law No. 216/2022 in the context of implementing Directive (EU) 2019/1023 of the European Parliament and the Council of 20 June 2019 on preventive restructuring frameworks and its relevant impact on new financiers and intermediaries in restructuring and preventive composition proceedings. Among other things, these l...

At a time when sustainability is a topic of intense discussion in various fields, including the financial services sector, I note that there is a lack of material that provides a comprehensive introduction and perspective on this topic to guide us in our professional work. The purpose of this article is precisely to provide a little context and familiarise us with the concept of green finance: its origin, the sources of information available, ...

In the context of last year’s amendments to Law 85/2014 on Insolvency and Insolvency Prevention Proceedings and Other Legislation („Insolvency Law”), inter alia, new instruments have been introduced providing companies in financial distress but viable with the opportunity to have access to effective preventive restructuring frameworks that enable them to operate in full or in part via measures such as adjusting the business, the asset and liab...