THE PRINCIPLE OF “POLLUTER PAYS” IN INSOLVENCY PROCEEDINGS GOVERNED BY LAW 85/2014

Abstract

By means of this article the author, will analyse the incidence of the fundamental principle of environmental law “polluter pays” in the current national legislation and will identify its applicability, especially in what concerns insolvency proceedings. The article is structured in three parts. The first part aims to define and identify the particularities of this principle in both contemporary Romanian law and International law. The second part points out how the company's liability for environmental damage can be attracted in each of the phases of the insolvency proceedings. The third part correlates the provisions of Law No. 85/2014 with the provisions of Government Emergency Ordinance No. 68/2007 on environmental liability by formulating a de lege ferenda proposal designed to increase the efficiency of environmental damage coverage in insolvency proceedings.

Authors and Affiliations

Candit Valentin VERNEA

Keywords

Related Articles

BLOCKCHAIN-BASED SOLUTIONS FOR FINANCIALLY DISTRESSED OR INSOLVENT COMPANIES

The era of technology has been developing numerous instruments constantly, with high impact even upon areas of commercial law. One of these instruments consists of the blockchain technology, which has revolutionized trad...

A NEW APPROACH IN CROSS BORDER CASES - REGULATION (EU) NO 2015/848 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 20 MAY 2015 ON INSOLVENCY PROCEEDINGS (RECAST)?

Following numerous attempts to recast Regulation (EC) No 1346/2000 on insolvency proceedings, the appearance of EU Regulation 2015/848 (recast) aims to solve the problems encountered in practice regarding rules establis...

A MULTI-CRITERIA DECISION-MAKING SYSTEM BASED ON A BUILD-UP ALGORITHM

The organization can be considered a real decision-making machine. Through the decision-making system problems are being addressed, searching for and proposing a solution and the steps to take which creates value for the...

OWNERSHIP TRANSFER AND SELLER’S OBLIGATIONS. LOOKING FOR UNITY IN SALE AGREEMENT REGULATION

The Renaissance intelectuals, mostly Italians, considered Rome the climax of the European civilization and from this assumption it seemed self - evident that the Roman law was superior to any kind of regulation of other...

ANALYSIS OF THE INCREASING ROLE OF NGOS IN INTERNATIONAL PUBLIC LAW

In this paper we offer an analysis of the increasing role of NGOs in international public law and assess whether NGOs can be considered subjects of international law. We give a brief overview of how modern NGOs came into...

Download PDF file
  • EP ID EP589187
  • DOI -
  • Views 160
  • Downloads 0

How To Cite

Candit Valentin VERNEA (2019). THE PRINCIPLE OF “POLLUTER PAYS” IN INSOLVENCY PROCEEDINGS GOVERNED BY LAW 85/2014. Challenges of the knowledge society ( Provocari ale societatii cunoasterii ), 11(13), 406-412. https://europub.co.uk./articles/-A-589187