Stratulat Albulescu has successfully represented Hervis Sports & Fashion before a Specialized Tribunal in Cluj, winning an injunction for the deferred payment of part of the rent relating to Vivo Shopping Center Cluj, owned by Immofinanz real estate group.
According to Stratulat Albulescu, “the tribunal granted Hervis’ request for an interim injunction and consequently ordered the postponement of the payment obligation for 70% of the rent, service charge, and marketing costs for May until the case is heard in first court proceedings. This decision could give retailers the right to seek a waiver or a rent reduction in court from landlords at least for the period of suspension of their business as a result of the COVID-19 pandemic.“
Stratulat Albulescu's team included Managing Partner Silviu Stratulat and Associates Andreea Stanciu, Ana-Maria Damian, Robert-Emanuel Popa-Badea, and Daiana Assoum.