Wolf Theiss lawyers obtained a first-instance decision in a litigation worth EUR 180 million against the majority shareholder of Electroputere Craiova
A team from Wolf Theiss Bucharest Litigation and Arbitration Department, coordinated by Ligia Cecilia Popescu, Partner, obtained a first-instance decision in a litigation worth EUR 180 million against the majority shareholder of Electroputere Craiova, Al Arrab Company Saudi Arabia, member of the Al Rajhi group. more »
Clifford Chance Badea wins important litigation case for Pfizer Romania
The litigation practice of Clifford Chance Badea has secured a very important favorable decision for global client Pfizer in relation with the claim of a pharmaceutical company concerning the Romanian Ministry of Health's public acquisition procedure of 13-valent pneumococcal conjugate vaccine.  more »
June 28, 2018 14:52
The Emergency Arbitrator Procedure was unknown in the Romanian arbitration practice until the beginning of 2018, when it was introduced in the New Procedural Rules of the Romanian Chamber of Commerce and Industry (CCIR). In the first case brought ...more »
April 16, 2018 17:04
NNDKP successfully represented the company Azomureș in a commercial dispute that involved damages in the amount of EUR 15 million, representing lost profits pursuant to a framework transportation agreement.  ...more »
February 14, 2018 12:30
Hategan Attorneys through the Tax Department won in the first instance at the Timis Court, an important lawsuit against ANAF, DGFP Timis, representing one of the largest developers of renewable energy projects in the West. Thus, the Timis Tribunal decided that several components of the photovoltaic park can not be considered as constructions, thus avoiding the increase of the building tax due. This court judgment could have a major impact on the renewable energy industry....more »
February 05, 2018 12:59
Oil company Chevron will pay the National Agency for Mineral Resources (ANRM) $ 73,450,000 following the termination of three concession oil concessions without complying with the financial obligations of the Oil Law. Following the decision of the International Court of Arbitration of the International Chamber of Commerce in Paris (ICC Paris), the most important international commercial arbitration institution, Chevron is obliged to pay ANRM the amount of USD 73,450,000, plus the legal interest rate set at the NBR + 8%, calculated from 23 October 2014 until the date of full payment, as well and the arbitration costs incurred by ANRM. ...more »
April 24, 2017 15:37
NNDKP successfully represented the joint venture created by FCC CONSTRUCCION SA - ASTALDI SPA - CONTRATAS Y VENTAS, S.A. "CONVENSA” in the litigation centered on the award by Compania Națională de Căi Ferate "CFR" SA ("CFR") of the public procurement contract "Rehabilitation of the Frontieră – Curtici – Simeria Railway, part of the IVth Pan - European Corridor, for the circulation of trains with a maximum speed of 160 km/h, Section 3: Gurasada-Simeria"....more »
February 14, 2017 14:40
SCA Zamfirescu Racoţi & Partners (ZRP), as lawyers and TPA Romania, as financial experts, both selected following a procurement procedure to ensure the representation of SAPE ( Societatea de Administrare a Participațiilor în Energie), obtained a final arbitration decision at the Paris International Chamber of Commerce (ICC), which granted in part SAPE's action against companies Enel Investment Holding BV and Enel S.p.A. (Enel), the latter being obliged to pay the sum of 401,209,541.29 Euro. ...more »
October 05, 2016 12:44
The Financial Supervision Authority (FSA), represented by Musat & Asociatii, won the final process initiated by Fondul Proprietatea SA, through which the Fund requested the Authority to approve changing the fee agreed with the Fund Manager, Franklin Templeton Investment Management Ltd . The litigation was initiated in 2012, 2 years after the conclusion of the administration of Franklin Templeton Property Fund when the Fund's shareholders decided to change the structure of the fee set by the management agreement concluded with Franklin Templeton, asking the opinion of the FSA for this increase, according to the law. ...more »
February 24, 2016 10:08
Biriș Goran law firm announces the successful closure of a new stage in the lawsuit between Farmec SA and ANAF. On 18 February 2016, the litigation team headed by Mihai Nusca obtained in court the annulment of the taxation decision issued by ANAF for Farmec SA, amounting to approximately EUR 13 million. The decision can be appealed. Previously, in the settlement phase of the tax appeal, Biris Goran team managed to partially annul the taxation, amounting to approximately EUR 2 million. In December 2014, ANAF decided to compel Farmec to pay approximately EUR 15 million, an amount which represented the recalculation of the payment of excise duties related to the alcohol used in the product networks included in the company’s portfolio. In the first phase, Biriș Goran team obtained in court the admission of the claim for suspension of the exercise of the taxation decision issued by ANAF until the settlement on the merits of the action requesting the annulment of the said decision....more »
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