Creditor’s designation of insolvency administrator capped at first confirmation meeting; appeal in law’s interest admitted.
Legislator summary
AI generatedThe 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 generatedart. 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 generatedCited Legislation
AI generatedRelated Decisions
AI generatedKey legal questions extracted by Legislator
AI generatedThe main ground for the decision clarifying the interpretation of the creditor's prerogative to designate the judicial administrator/liquidator.
Procedural rule applied in the dispositive to establish the binding nature of the decision.
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.