Alitalia Airline in Insolvency
In the forced execution procedure of a judgment pronounced by Judecătoria Sectorului 1 București, pursuant to Regulation no. 261/2004, we have recently learned that Alitalia - Società Aerea Italiana S.P.A. is in insolvency.

Thus, the ministerial decree of the 2nd of May 2017 ordered the opening of the special administration procedure and the appointment of a commission of special administrators for Alitalia as a result of the finding that this airline has entered insolvency. According to the report of the Italian Minister for Economic Development as the basis of the aforementioned decree, Alitalia had, on the 28th of February 2017, current liabilities of 2.3 billion euros and current assets of 921 million euros. The request to open the insolvency proceedings was filed by the Alitalia airline on the 2nd of May 2017.
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EU Regulations regarding Iran. Latest developments
Political relations are pretty clear between the European Union and Iran. Not long ago, there were restrictive measures imposed by the EU against the state of Iran, measures that followed the sanctions established on Iran by the United Nations Security Council with regard to the nuclear field. For the most part, it was forbidden to trade different categories of goods and services (weapons, products for processing uranium, certain computer programmes etc.).
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Unfair terms. Exchange rate risk
The Court of Justice of the European Union has issued a new judgment in favour to the consumers who have contracted bank loans. Thus, on the 20th of September 2018, the Luxembourg court ruled in legal affair C-51/17, OPT Bank Nyrt. and OTP Faktoring Követeléskezelő Zrt./Teréz Ilyés and Emil Kiss, in which it stated that the unfairness of an unclear contractual term that places the exchange rate risk on the borrower's account and which does not reflect acts of law can be subject to judicial review.

In its judgment, the Court of Justice recalls that the rule excluding from the scope of the Directive the contractual terms which reflect laws or administrative provisions is justified by the legitimate presumption that the national legislator has established a balance between all the rights and liabilities of the parties to the contract.
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