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NNDKP Successful in Azomures Claim Against GFR on Framework Agreement

NNDKP Successful in Azomures Claim Against GFR on Framework Agreement

Romania
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Nestor Nestor Diculescu Kingston Petersen has represented Azomures, a Romanian fertilizer producer, in a commercial dispute against a private railway company Grup Feroviar Roman. The dispute involved damages in the amount of EUR 15 million and lost profits pursuant to a framework transportation agreement.

The seven year dispute concluded in March 2018 with the court's dismissal of the last procedural claim advanced by GFR as an extraordinary objection.  

“This decision is a novel approach in court practice, especially that of the High Court of Cassation and Justice, which will clearly become a benchmark for future decisions,” states NNDKP Partner Daniela Gramaticescu.

The NNDKP team consisted of Partner Daniela Gramaticescu and Managing Associate Cristina Bidiga.

 

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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