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Institute for Independant Business
bogenmann
Distribution to new growing markets, Low cost quality sourcing... Your opportunities with Western Romania are huge.
Legal back up
starting point:
This foreign investor established a company in Romania and bought hundreds of hectares of land with a view to gain on sale. He was in a critical situation when we took over the case.
difficulty:
The incorporation documents had been lost with the risk of a subsequent dissolution. Besides, 10% of the land only had a clear legal status for lack of a proper documentation. 200 legal actions had been started by former owners questioning the property.
action:
We fully documented the incorporation and avoided dissolution. We closed successfully all cases open before courts and gained full legal recognition of the ownership. Based on the trust gained thanks to these first successes, we supported the client in the disposal phase (negotiation, contractual drafting,…).
result:
The operation eventually ended in a significant profit on sale.
Team member involved
Mircea Ursuta