This document contains a summary of the main provisions of Article X of Government Emergency Ordinance No. 29/2020 ("GEO No. 29/2020") setting forth certain support measures in the performance of certain commercial agreements. GEO No. 29/2020 was published on 21 March 2020 and became effective on the same date.

• Who are the beneficiaries?
• Deferment of payment for utilities and rent
• The parties have the obligation to negotiate
• Where renegotiation fails, force majeure may be claimed
• Is Article X a more restrictive regulation compared to the Civil Code in matters of force majeure?
• Exemption from payment of penalties

To read the entire legal insight, please download the .pdf attached (English and Romanian).