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Reff & Associates Successful for Promenada Mall in Urban Planning Dispute Before Bucharest Court

Reff & Associates Successful for Promenada Mall in Urban Planning Dispute Before Bucharest Court

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Deloitte Legal Romanian affiliate Reff & Associates has successfully represented NEPI Rockcastle’s Promenada Mall Bucharest before the Bucharest Court in an urban planning-related administrative dispute resulting in the end of the suspension of the Urban Plan for Bucharest's Second District.

NEPI Rockcastle is a real estate owner, developer, and shopping center operator in CEE.

According to Reff & Associates, "the Bucharest Court has rejected the application for annulment of the Bucharest General Council’s decision no. 339/2020, which approved the Urban Plan for the Capital’s Second District."

"This solution represents a landmark moment in the evolution of the disputes in the field of urbanism, which generated uncertainty and affected very important investments in real estate and in the Capital’s infrastructure," the firm added. "The Bucharest Court’s decision may be appealed at the Bucharest Court of Appeal, but it ends, starting right from the date of its pronouncement, the measure which suspended the Urban Plan for the Capital’s second District based on court decisions issued during 2022."

The Reff & Associates team included Partners Irina Dimitriu and Mihnea Galgotiu-Sararu, Senior Managing Associate Ana Galgotiu-Sararu, Managing Associate Diana Stan, Senior Associate Lucian Savin, and Associates Alexandra Tuta and Andreea Caragea.

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). 

Firm's website.

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