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Musat & Asociatii Protects Societatea Romana de Televiziune HQ From Ownership Restoration Claim

Musat & Asociatii Protects Societatea Romana de Televiziune HQ From Ownership Restoration Claim

Romania
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Musat & Asociatii has successfully represented Societatea Romana de Televiziune in a trial initiated by a person requesting the restoration of his ownership rights to the land on which the Romanian television network's headquarters and studios are located.

The firm announced that the Bucharest Tribunal had dismissed the second appeal of the lower court's decision rejecting the plaintiff's request, meaning that, more than five years after the trial began, the decision is now final.

"The decision of the courts of law in this case is beneficial for Societatea Romana de Televiziune in the context of the highly complex issues regarding the restoration of the ownership right of the buildings abusively taken by the communist regime, but also of the numerous enactments regulating this area of practice," said Gheorghe Buta, Co-Managing Partner Musat & Asociatii. "We are glad that we succeeded in preventing the risk of losing the land on which the Television is located, which would have had a really serious impact on the activity carried out by the public service television."

The Musat team representing Societatea Romana de Televiziune in the litigation was coordinated by Buta and was made up of Senior Associate Andra Mihalache and Associate Coralia Alecu.  

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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