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NNDKP Successful in Azomures Claim Against GFR on Framework Agreement

NNDKP Successful in Azomures Claim Against GFR on Framework Agreement

Romania
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Nestor Nestor Diculescu Kingston Petersen has represented Azomures, a Romanian fertilizer producer, in a commercial dispute against a private railway company Grup Feroviar Roman. The dispute involved damages in the amount of EUR 15 million and lost profits pursuant to a framework transportation agreement.

The seven year dispute concluded in March 2018 with the court's dismissal of the last procedural claim advanced by GFR as an extraordinary objection.  

“This decision is a novel approach in court practice, especially that of the High Court of Cassation and Justice, which will clearly become a benchmark for future decisions,” states NNDKP Partner Daniela Gramaticescu.

The NNDKP team consisted of Partner Daniela Gramaticescu and Managing Associate Cristina Bidiga.

 

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