Zamfirescu Racoți Vasile & Partners Attorneys At Law

ZRVP wins dispute of over RON 27.5 million for Premier Energy on the natural gas market

Zamfirescu Racoți Vasile & Partners (ZRVP) has obtained an important first-court victory for Premier Energy in its dispute with Azomures over a natural gas supply contract concluded during the COVID-19 pandemic.

Two Partners Join Management Team and Four Other Lawyers Take a Step Forward in Their Careers

ZRVP adds 2 new partners, Violeta Saranciuc & Alexandru Iorgulescu, expanding the team to 17. They'll bolster management in arbitration & insolvency. Additionally, 4 lawyers in litigation—Daniela Iacob, Andreia Moraru, Adelina Petcu, & Andra Bălțatu—advance in seniority.

ZRVP Advised TTS (Transport Trade Services) S.A. on Acquisition of Decirom

Zamfirescu Racoți Vasile & Partners (ZRVP) was retained by TTS (Transport Trade Services) S.A. as its legal adviser for the acquisition of 99.9% of the share capital of Decirom S.A., operator of the Port of Constanta.

ZRVP Obtains Landmark Solution in an Arbitration Dispute Arising from a FIDIC Procurement Contract

The solution obtained by the ZRVP team addresses one of the problems often encountered in such FIDIC contracts, namely the placement of contractual liability if construction works are affected by natural phenomena such as flooding.

ZRVP Wins ICC Arbitration Dispute for OMV Petrom

The contractual dispute concerned claims for an amount of approximately USD 18 million disputed by a contractor of OMV Petrom acting in the oil and gas exploration and production business.

ZRVP Advises Ana Hotels in the transaction with IHG® Hotels & Resorts

ZRVP provided legal assistance to Ana Hotels in the transaction with IHG® Hotels & Resorts for the operation of the Athénée Palace Hotel in Bucharest under the InterContinental® Hotels & Resorts brand starting from 2023.

Final Judgment in Colectiv Case Closes Major Chapter on Romanian Justice

Zamfirescu Racoți Vasile & Partners provided legal assistance to 45 survivors and persons close to the Colectiv Club victims, in one of the largest and most complex pro bono projects carried out in Romania by a law firm.

ZRVP Obtains Favorable Decision for Video-chat Firm in Tax Evasion Case File

The investigation, started in 2014 concerned the activity of several hundreds of persons for an important player in the video-chat industry from Romania, accused of having committed the crimes of tax evasion and money laundering.

ZRVP Recovers 20 Million Euros for International Construction Company in ICC Arbitration

ZRVP’s construction arbitration team obtains a new final solution for maintaining an ICC arbitral award establishing the right of the Contractor, an international construction company, to over 20 million Euros, the owed amounts being fully recovered.

Two Partners Join The Management Team and Seven Lawyers Are Promoted To Senior Positions

Starting with March 1, 2022, Crenguța Florea and Ovidiu Șerban join the firm's partnership and consolidate the management teams of the two main departments of the firm – consultancy and dispute resolution. Seven lawyers achieve next level career advancement.

Arbitration Team Wins New Construction Arbitration Dispute

The dispute won for the client, an international construction company, derived from the performance of a road infrastructure works contract. Alina Tugearu, partner, coordinated the team of lawyers in this arbitration.

ZRVP Advised CEECAT Capital in the Takeover of Modulo Cluj

ZRVP advised private equity & private credit investment firm CEECAT Capital (www.ceecat.com) in the takeover procedure of the majority stake in the target company Modulo Decorative Solutions based in Cluj, the leading player in stone veneer wall cladding solutions in Southeastern Europe.

ZRVP Launches Family Law Blog

Drawing on the insights of its Family Law team, ZRVP launched at the end of December 2021 "The Child Factor", a blog designed to provide practical guidance and analysis on all legal aspects of family disputes.

ZRVP Appoints Cosmin Cojocaru as a Partner in the Dispute Resolution Department

Cosmin Cojocaru joins the management team and becomes the 14th partner of the law firm.

ZRVP Advised Alro on a USD 40 Million Loan From the Black Sea Trade and Development Bank

ZRVP has advised Romanian aluminum producer Alro, part of Vimetco Group, on a seven-year USD 40 million corporate loan from the Black Sea Trade and Development Bank for its capital investment program.

ZRVP Advises Zetta Clinic In Expanding Its Ownership Base

A new transaction on the Romanian private healthcare services market: The Healthcare team of ZRVP has assisted the main shareholder and founding partner of Zetta Clinic, Dr. Dragoș Zamfirescu, in the sale-purchase of shares with two new business partners.

Credibility Is The Great Asset Of The Debtor In The Restructuring Procedure

Partner Stan Tirnoveanu recently discussed during a debate the most important aspects related to the two main restructuring proceedings: the restructuring agreement and the arrangement with creditors.

Telework in the Post COVID-Vaccine Era. How Will the Labor Market Look After the Pandemic?

Partner Catalin Micu discusses the challenges faced by employers in the post-vaccine era during a webinar for the ABSL business services community.

Young Arbitration Practitioners Talk: Success Strategies For a Career in International Arbitration

Young arbitrator Violeta Saranciuc joined an online interactive talk, organized by Club Español del Arbitraje Romania Chapter, about study opportunities & specialized post-graduate programs, networking, and career in international arbitration.

ZRVP Obtains A First Important Victory for PEGAS Bike National Brand

The dispute between Atelierele Pegas, the producer of the most known bike brand of Romania, and the German company ZEG Zweirad-Einkaufs-Genossenschaft eG, the owner of the Pegasus brand, was solved on April 22 in the court of first instance in the favor of the Romanian brand.

Final Acquittal for the Largest Public Transportation Company from Romania

The case concerns the committing of a labor health and security crime and of a crime of manslaughter. The Bucharest Court of Appeal maintained both the acquittal solution obtained in the court of first instance and the solution of rejection of the material and moral damage claims.

ZRVP Announces Eight Lawyer Promotions

The firm has promoted Andra Constantinescu and Lidia Trandafir to the position of Managing Associate, and Alexandra Nania, Alina Cristea, Andreea Șuță, Andrei Ghiță, Dragoș Zamfir and Ion-Gabriel Enache to Senior Associates, effective March 1, 2021.

ZRVP Wins Lawsuit For Former Pension Fund Manager Against ASF

Raluca Tintoiu, the former head of NN Pensii, the company that received the biggest ever fine issued by Romania’s Financial Supervisory Authority (ASF), won the final battle in court against the authority.

ZRVP Advises ALRO on a USD 150 Million Syndicated Credit Facility Coordinated By EximBank

The firm advised ALRO on all aspects of the transaction including financing structure, drafting and negotiation of transaction documents, financing arrangements, intercreditor agreement, waivers and consents from other financing banks, and assistance with closing formalities.

Industrial Park Investors Remain Exempted from Tax on Real Estate

The solution rendered by The High Court of Cassation and Justice can be used in court by all industrial park residents in similar situations, whose lawsuits have not been finally solved.

ZRVP Wins in the CJEU Groundbreaking Trial on Foreign Currency Agreements

By the Judgment ruled on July 09, 2020, CJEU ascertains that a contractual term, be it even not negotiated, which restates a suppletive rule of the domestic law, falls outside the scope of application of Council Directive 93 on unfair terms in consumer contracts.

Decision in Baneasa Case

The High Court of Cassation and Justice, Criminal Section, has admitted the nine appeals files by the interested parties involved in the trial, and namely bank institutions, hypermarkets and commercial centers.

Court Solution of the Bucharest Tribunal in the Colectiv File

The first Court solution of the Bucharest Tribunal in the Colectiv File represents an important step towards normality and justice. The law firm assists pro bono 45 survivors and relatives of the victims of the Colectiv fire in the criminal trial.

Cosmin Vasile, Editor of the Multi-jurisdictional Guide Dedicated to Construction Disputes

The book addresses current issues in the field of construction arbitration and related procedures, with an emphasis on Central and Eastern Europe. Our colleagues, Violeta Saranciuc and Cosmin Cojocaru, among contributors.

ZRVP Integrates DBO and Consolidates Its Capabilities on the Romanian Legal Market

The addition of DBO boosts ZRVP's headcount to 65 lawyers and 30 staff members. Andrei Dumitrescu, Mihai Băjenaru and Robert Oancea (of counsel) join ZRVP’s management team as partners.