Delegated Management Services For Businesses

Investments on new markets or expansion of the activity on the same market can create, besides the inherent benefits, also a series of organizational problems. These commercial activities necessitate, in addition to a well-organized business, also a good knowledge of the practical functioning of the market on which it is entered and of the legislation and the authorities that govern it.

Recognizing these necessities and meeting them, “Ion Florin Chivu” Law Offices provides its clients with services for delegated management of businesses. These management services differ taking into consideration the managed activity:

  • Services for delegated management of commercial companies
  • Services for delegated management of goods of natural persons or other entities
Services for delegated management of commercial companies

For the investors with international experience the importance of involving legal consultancy services in the activity of their commercial companies is uncontestable. However, sometimes there is necessary a direct involvement of the lawyers in the management activity of the commercial companies. The involvement of lawyers in the management of companies ensures a series of evident advantages, among which: permanent expertise; security and trust given by the involvement of a third party in the company’s activity and in the supervision of the partners; confidentiality; etc.

The services for delegated management of commercial companies are available to our clients based on a paid power of attorney contract through which there are detailed the powers and limits of the attributions of the power of attorney issued by the client. The services for delegated management of commercial companies comprise a wide range of services, our clients having the possibility of choosing strictly the services necessary for them, limiting thus the powers given to the lawyers.

The services for delegated management of commercial companies comprise the following:

  • Assistance and representation in front of central or local state authorities
  • Assistance and representation in front of suppliers and clients:
    • Analyses of existing contracts in order to determine if and what actions are necessary to be initiated on the moment of contracting the services for delegated management, in case of existing commercial companies
    • Participation, assistance or representation of clients in their business meetings
    • Negotiating of clients’ contracts and signing them in the name and on behalf of the clients
    • Supervision of the good execution of the concluded contracts in view of preventing conflict and of employing energetic measures in due time
  • Permanent verification of status of payments and cashing:
    • Verification of amounts due by the client to third parties and of deadlines of payment
    • Signing in the name and on behalf of the client of payments owed by it to third parties, and also representing of the client in its relations with the banks where it maintains bank accounts
    • Verification of amounts due by third parties to the client and of the deadlines for payment
  • Making of correspondence in the name and on behalf of the client and with its prior approval
Upon contracting of the services for delegated management of the commercial companies the clients receive weekly activity reports in which there are detailed all activities performed by our lawyers within these services.

Services for delegated management of goods of natural persons or other entities

Following the execution of activities for recovery of real estate or other goods or following inheritances, certain natural persons or other entities can acquire valuable goods. The Lawyers from "Ion Florin Chivu" Law Offices can make available to such clients the services for delegated management of these goods. These services are adapted to clients who do not reside in Romania and who necessitate an attentive supervision of these goods in their property. Through these services our lawyer exercise the following activities:

  • Verify of the validity of property titles or of the documents that attest the client’s rights over the managed goods in view of ensuring the preservation of these rights.
  • Ensure the valorization of the managed goods by concluding lease contracts, services contracts, etc. regarding these goods.
  • Ensure a good use by third parties of the managed goods and payment, where this is required, of the amounts owed by these third parties for the using of the goods in discussion.
  • Ensure payment on time of all the due payments regarding the managed goods.
  • Based on the special power of attorney issued by the client, the Lawyers sell the managed goods and / or buy other new goods in the name and on behalf of the client