Legislator Case Law & Legislation
ICCJ_217271 AI generated

Creditor’s designation of insolvency administrator capped at first confirmation meeting; appeal in law’s interest admitted.

Case Number ICCJ_217271
Court / Authority
Jurisdiction Romania (RO)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The High Court of Cassation and Justice admitted the appeal in the interest of the law filed by the governing board of the Constanța Court of Appeal and established a binding interpretation. The court held that, under art. 57 para. (3) read together with art. 57 para. (2) of Law No. 85/2014 on insolvency prevention and insolvency procedures, the majority creditor’s prerogative to designate the judicial administrator or judicial liquidator may be exercised at the latest at the date of the first creditors’ meeting whose agenda includes the confirmation/designation of the judicial administrator/liquidator. The decision is mandatory pursuant to art. 517 para. (4) of the Civil Procedure Code and was pronounced in public session on September 16, 2024.

Legislator headnote

AI generated

art. 57 alin. (2) din Legea nr. 85/2014, art. 517 alin. (4) din Codul de procedură civilă; Creditor’s designation of insolvency administrator capped at first confirmation meeting; appeal in law’s interest admitted: The court held that, under art. 57 para. (3) read together with art. 57 para. (2) of Law No. 85/2014 on insolvency prevention and insolvency procedures, the majority creditor’s prerogative to designate the judicial administrator or judicial liquidator may be exercised at the latest at the date of the first creditors’ meeting whose agenda includes the confirmation/designation of the judicial administrator/liquidator. The decision is mandatory pursuant to art. 517 para. (4) of the Civil Procedure Code and was pronounced in public session on September 16, 2024.

Keywords

AI generated
insolvency judicial liquidator bankruptcy administrator appointment Civil Procedure Code interpretation of the law e-justice

Cited Legislation

AI generated
art. 57 alin. (2) din Legea nr. 85/2014
În interpretarea şi aplicarea unitară a dispoziţiilor art. 57 alin.
art. 517 alin. (4) din Codul de procedură civilă
Procedural rule applied in the dispositive to establish the binding nature of the decision.
AI generated

Key legal questions extracted by Legislator

AI generated
art. 57 alin. (3), coroborate cu dispoziţiile art. 57 alin. (2) din Legea nr. 85/2014

The main ground for the decision clarifying the interpretation of the creditor's prerogative to designate the judicial administrator/liquidator.

art. 517 alin. (4) din Codul de procedură civilă

Procedural rule applied in the dispositive to establish the binding nature of the decision.

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Full text

ROMÂNIA

ÎNALTA CURTE DE CASAŢIE ŞI JUSTIŢIE

Completul pentru soluționarea recursului în interesul legii

Minuta deciziei nr. 14 Dosar nr. 1174/1/2024

Şedinţa din 16 septembrie 2024

ÎN NUMELE LEGII

DECIDE:

Admite recursul în interesul legii formulat de Colegiul de conducere al Curţii de Apel Constanţa şi, în consecinţă, stabileşte că:

În interpretarea şi aplicarea unitară a dispoziţiilor art. 57 alin. (3), coroborate cu dispoziţiile art. 57 alin. (2) din Legea nr. 85/2014 privind procedurile de prevenire a insolvenţei şi de insolvenţă, prerogativa creditorului majoritar de desemnare a administratorului judiciar ori a lichidatorului judiciar poate fi exercitată cel mai târziu la data primei şedinţe a adunării creditorilor, având ca ordine de zi confirmarea/desemnarea administratorului/lichidatorului judiciar.

Obligatorie, potrivit dispoziţiilor art. 517 alin. (4) din Codul de procedură civilă.

Pronunţată în şedinţă publică astăzi, 16 septembrie 2024.