Between: [Full name/Company], represented by [lawyer name] Defendant: [Full name/Company], represented by [lawyer name]
The Model Tranzacție Judiciară is a powerful tool for litigation management. When correctly drafted, it transforms an adversarial dispute into a consensual, binding, and enforceable resolution. Legal advice is strongly recommended before signing, as the waiver of rights is permanent. model tranzactie judiciara
1. Definition and Legal Basis A Tranzacție Judiciară (Judicial Transaction) is a procedural agreement between parties involved in a pending lawsuit, by which they prevent or end a legal dispute through mutual concessions. Under the Romanian Civil Code (Art. 2267-2273) and Civil Procedure Code, once a transaction is concluded during a trial and approved by the court, it carries the authority of res judicata (a final, binding judgment). 2267-2273) and Civil Procedure Code, once a transaction
The parties hereby agree as follows: