Nestor Nestor Diculescu Kingston Petersen announces that the High Court of Cassation and Justice (ICCJ) re-adjudicated and dismissed the second appeal filed by one of the clients of a major Romanian bank. Thus, the court reversed the only case where it had intervened in a loan agreement and had changed the parties’ initial interest rate and had replaced it with Euribor + 1.5%.
Decision of unconstitutionality
Nestor Nestor Diculescu Kingston Petersen Counseling in Intellectual Property announced that it was ranked first by WTR 1000 (2013), one of the most appraised international IP guides.
NNDKP announced that it was featured in the GAR 100 rankings, the annual top published by the Global Arbitration Review, which lists law firms with extraordinary expertise in international arbitrations. NNDKP is the only law firm in Romania to have been included in this top for three consecutive years (2011-2013).
Published in “Getting the Deal Through – Cartel Regulation 2013”
Order 140/2013 completing the Methodological Norms for the VAT exemption provided in art. 143 paragraph (1). j), j ^ 1), k), l) and m) of the Fiscal Code and Art. X and XI of the Agreement between Romania and the U.S. signed in Washington on October 30, 2001, ratified by Law 260/2002, approved by Order 2389/2011 was published in Official Gazette 90/2013
Published in “Getting the Deal Through – Intellectual Property & Antitrust 2013”
Legislation
Decision 20/2013 amending and completing the Methodological Norms for the application of Title VII “Excise duties and other special duties” of the Fiscal Code was published in Official Gazette 48/2013
Published in “Getting the Deal Through – Private Antitrust Litigation 2013”
