Ovidius University Annals: Economic Sciences Series (Jan 2021)
Corporate Law’s Legal Relationship
Abstract
Legal relationship is a social relationship established between two or more natural or legal persons, regulated by a specific legal norm (for example: sale-purchase, exchange of goods, provision of services, performance of works, etc.). Given the particularities of corporate law, we consider that, from the definitions of legal relationship found in the specialized literature, a very high adaptability in also defining corporate law’s legal relationship is the one according to which legal relationship is a social relationship which aims at satisfying material interests or interests of a different nature, regulated by legal norm, in which the parties appear as rights-holders, and correlatively, of mutual obligations, met, if necessary, with the support of public force. The professionals bring particularity to legal relationships, which become corporate law’s legal relationships. The research would like to examine the characteristics of corporate law’s legal relationships and the legal position of the professionals in this relationships.