Cheque vs Promissory Note by Rokas Law Firm in Romania, Bucharest A cheque is a simple payment instrument and does not constitute a credit title. A written order on a bank directing a certain amount of money to be paid to a named person, or “to his order”, or “to him” or “to the designated...Read More

CDS & Indemnity Insurance From a legal point of view the private insurance contract in particular in indemnity insurances, and the contract of Credit Default Swaps (CDS) have a common essential characteristic: “the transfer of risk” from one person to another in return of a consideration. (Speech delivered by Prof. Dr. I. Rokas at the...Read More