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Reff & Associates Successful for Viales in Road Construction Arbitration

Reff & Associates Successful for Viales in Road Construction Arbitration

Romania
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Reff & Associates has successfully represented a consortium of construction companies, led by the Spanish firm Viales Y Obras Publicas SA Cuenca, in an international commercial arbitration regarding the construction of road infrastructure based on a FIDIC contract.

The dispute revolved around the contracting authority's termination of the contract signed with the consortium. According to Reff & Associates, "the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania obliged the contracting authority to pay damages of approximately EUR 3.5 million and fully dismissed its claims, consisting of approximately EUR 1.5 million. The decision favorable to the consortium ... is final and enforceable, but it can be challenged by way of an annulment claim in front of Bucharest Court of Appeal."

Reff & Associates' team included Partner Andreea Artenie, Senior Managing Associate Mihnea Galgotiu-Sararu, and Senior Associates Raluca Rusu-Oana and Lorena Slevoaca.

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners | Maravela, Popescu & Roman can be found at www.mprpartners.com.

All News about MPR Partners | Maravela, Popescu & Roman can be found here.

 

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