Insolvency proceedings under Law No 85/2006. Recovery of real estate subject to protective measures. Removal of distraints from the land register

Our company has obtained, following the steps taken at the Land Registry and Real Estate Publicity Office, the cancellation of seizures established in two criminal cases in 2008. The company whose assets were subject to the attachment measures was in insolvency proceedings, opened under Law no. 64/1995 and continued under Law no. 85/2006, which were sold at public auction in 2015. However, the successful bidder's efforts to have the distraints removed have not led to a positive result for almost 9 years. Taking over the file, through efficient correspondence with the Land Registry and Real Estate Publicity Office and based on a large number of documents from the criminal and insolvency file, the requests for cancellation of the distraint measures were admitted.