Penalty Clauses in Romanian Contracts: How Much Can You Claim?
A penalty clause lets you agree the cost of breach in advance and claim it without proving your loss. How much you can claim under a clauză penală in Romania, and when a court can reduce it.
What Foreign Investors Get Wrong About Contracts in Romania
Most foreign investors focus on the wording of a contract. Romanian law asks an earlier question: was it validly formed at all? From good faith and notarised form to termination and late payment, here is what actually decides whether your contract protects you, explained plainly.