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Oglinda&Partners obtains full admission of client's claims in a VIAC international arbitration against one of the biggest energy companies in Romania

Oglinda&Partners successfully represented a former member of the Board of Directors of one of the biggest Romanian energy companies claiming damages and accessories for the unjustified termination of the contract. The team formed of Mihai Ionescu-Balea (Senior Associate) and Tasiana Timofticiuc (Senior Associate), led by Eugen Sarbu (Partner), proved that the client had duly fulfilled its contractual obligations and the efficient administration of evidence conducted by our lawyers proved there was no fault on the part of the client. In addition to the compensation for the unjustified termination of the contract, O&P ensured an adjustment to the inflation rate of all sums granted, covering the monetary depreciation, based on the full reparation principle and also delay penalties. Oglinda & Partners is a traditional leading law firm in international arbitration in Romania. Its lawyers specialized in Romanian arbitration coordinated the first emergency arbitration in Romania and in the last 20 years they have been involved as counsel or arbitrators in more than 300 arbitration cases before Romanian and foreign arbitral institutions such as ICC, VIAC, LCIA, SCC, SHAC, covering a wide range of sectors and industries.  
25 November 2024
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