NNDKP has successfully finalized the two successive arbitration cases related to the design and execution of one of the four sections of the Sebes-Turda motorway.
On March 16, 2023, Chambers & Partners released the results of its 2022 European research, a benchmark when it comes to recognizing prominent law firms and leading legal practitioners in the region.
The Bucharest Court of Appeals has recently decided to refer several questions to the Court of Justice of the European Union for a preliminary ruling on the interpretation of the EU law to clarify the lawfulness of the electrical energy production surcharge imposed by Law 259/2021. The request came from a company operating in the renewable energy sector, represented by Nestor Nestor Diculescu Kingston Petersen (NNDKP). Additionally, the Bucharest Court of Appeals referred to the Constitutional Court an objection of unlawfulness relating to the same legal provisions on the surcharge imposed for electrical energy production.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully represented ENEL (E-Distributie Banat) in a complex tax dispute relating to the possibility of the taxpayer deducting the value of tax depreciation for tangible assets (electricity grid connectors) acquired from the company’s clients through transfer, for the calculation of corporate income tax. Initially, tax authorities rejected this possibility based on the way in which the company acquired the connectors (free of charge) and considering the existence of accounting depreciation rules different from the tax depreciation rules that were used.
NNDKP received new distinctions at the 12th edition of the “Avocati de Top 2022” Gala, which recognizes lawyers active in various business law areas for their professional achievements throughout 2021, event organized by Finmedia and Piata Financiara.
On March 17, Chambers & Partners released the results of its 2021 European research, a benchmark when it comes to recognizing the best law firms and legal practitioners in the region.
Author: Ana Diculescu-Șova
Nestor Nestor Diculescu Kingston Petersen won the appeal filed by the National Forest Administration against the an Orthodox Church fund. The Cluj Court of Appeals admitted the appeal filed by the forest administration and dismissed the action , filed by the church fund,for the restitution of over 166,813.5 hectares of forest – over 75% of Suceava county’s forestland. The litigation started in 2001, and in 2008 the Suceava Trial Court admitted the claim filed by the church fund, thus ordering the national forest administration to hand over this land to the fund.
For the third time, NNDKP and Musat & Asociatii have obtained a dismissal of the extraordinary means of challenge filed by a Romanian steel manufacturer against a major German producer of steel and industrial components.