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Popescu & Asociatii Successful for City of Sinaia in Construction Dispute

Popescu & Asociatii Successful for City of Sinaia in Construction Dispute

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Popescu & Asociatii has successfully represented the interests of the City of Sinaia in a construction dispute.

According to Popescu & Asociatii, the City of Sinaia has managed to keep a financing contract, executed by the Administrative Territorial Unit Sinaia, for the construction of a Park & Ride parking, which will help with the “extremely congested traffic. Thus, both locals and visitors will have the opportunity to park their cars at the entrance to the town and use the public transport provided by the authorities, a measure that is expected to reduce the current traffic by about 50%.”

According to the firm, “the decision of the High Court of Cassation and Justice is final and upholds the decision of the Bucharest Court of Appeal which annulled the termination decision, illegally issued by the Ministry of Development, Public Works and Administration, regarding the financing contract concluded by the City of Sinaia for the construction, with European funds, of the Park & Ride parking.”

Popescu & Asociatii’s team included Partner Loredana Popescu, Senior Counsel Andreea Mihalache, and Senior Associate Andrei Baran.

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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