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LLDP and LALIVE Successful for Romania Before ICSID

Leaua Damcali Deaconu Paunescu and LALIVE have successfully represented the interests of Romania before ICSID, which on March 5 rejected claims against Romania amounting to over RON 9 billion brought by Ioan and Viorel Micula.

BPV Grigorescu Stefanica Successful for Municipality of Bucharest in Zoning Dispute

BPV Grigorescu Stefanica has successfully represented the Municipality of Bucharest in a dispute with two private companies involving the failure by its General Council to approve a Zonal Urban Plan.

White & Case Wins UK Supreme Court Judgment Lifting Stay of Enforcement of ICSID Award for Ioan Micula

White & Case has persuaded UK's Supreme Court to accept the petition of Romanian entrepreneur Ioan Micula and the companies in which he has invested, enabling an action to enforce a 2013 ICSID arbitral award of approximately EUR 300 million, with interest. 

After a period of uncertainty arising from the absence of any regulations related to ridesharing activities through digital platforms, which included a tumultuous series of strikes and protests by traditional cab service providers in major Romania cities, on June 25, 2019, the Government of Romania passed Government Emergency Ordinance 49/2019 on Ridesharing by Cars with Drivers.

Allen & Overy and RTPR Allen & Overy have announced they will "continue to collaborate" but under "a new relationship agreement" that sees the local team change its name to purely RTPR for local projects, while Allen & Overy no longer lists Romania amongst its jurisdictions.

A new year has begun, and the build-up of tax responsibilities and pressure has peaked and is now close to the point of reset and restart. But what does 2020 hold in store for companies active in Romania in terms of anticipated tax changes? And how can they get ready for and adapt to such amendments?

Clifford Chance Badea has advised a consortium of BNP Paribas, Citigroup Global Markets Limited, Raiffeisen Bank International AG, Societe Generale, and Unicredit Bank AG on the EUR 3 billion sovereign bond issuance by the Romanian Ministry of Finance on external markets. The Romanian Ministry of Finance was advised by Filip & Company.

Reff & Associates has successfully represented a consortium of construction companies, led by the Spanish firm Viales Y Obras Publicas SA Cuenca, in an international commercial arbitration regarding the construction of road infrastructure based on a FIDIC contract.

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners | Maravela, Popescu & Roman can be found at www.mprpartners.com.

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