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Suciu Popa Gets Bankruptcy Claim Dismissed for Rovit SA

Suciu Popa Gets Bankruptcy Claim Dismissed for Rovit SA

Romania
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Suciu Popa has successfully represented Grup Feroviar Roman in its request that a bankruptcy claim filed against its subsidiary Rovit SA be dismissed.

According to Suciu Popa, "Grup Feroviar Roman is a multinational railway freight and infrastructure group [that] is the shareholder of Rovit SA, a Romanian wine producer with over 50 years of experience in the winery field." According to the firm, "during the insolvency procedure, Suciu Popa's lawyers proved the illegality and groundlessness of the bankruptcy claim, both from a procedural standpoint, as well as from the perspective of the applicable substantive law."

Suciu Popa adds that the dismissal is "Important as it implies the continuation of the activity of a fully owned Romanian company, having a sound track-record and 50 years of uninterrupted activity in the wine production sector."

Suciu Popa's team included Partner Daciana Popa and Managing Associate Radu Chiran.

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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). 

Firm's website.

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