Clifford Chance

Clifford Chance Badea's Litigation practice successfully represented a major bank in Romania in a dispute favorably settled definitively, and Premier Energy in a dispute favorably settled at first instance

The Clifford Chance Badea Litigation practice currently has representation mandates with a cumulative value of approximately EUR 1.5 billion, representing clients from dynamic industries such as Energy, Construction, Pharmaceuticals, Banking, and Insurance.

The most recent success is the final favorable decision secured for a large bank in Romania. The team of lawyers including Ștefan Dinu (Counsel), Alexandru Viespe (Senior Associate), Sabina Crângașu (Senior Associate) and Andreea Cretan (Associate) advised in a case whose object was the qualification of a personal guarantee as an autonomous, transferable guarantee through succession. The courts obliged the debtor's heirs to pay the guaranteed amount.

The definitive solution in this case follows the first instance solution secured for an important Energy player in Romania and the Republic of Moldova (Premier Energy), in a litigation related to the interpretation of the provisions of an addendum amending the gas supply contract, thus ensuring the rejection of the claim for damages made by the plaintiff (the Azomureș chemical fertilizer plant, part of the Ameropa group). The team of lawyers was formed by Simona Neagu (Counsel), Sabina Crângașu (Senior Associate) and Laura Costea (Associate).

The Bucharest office's litigation portfolio has grown significantly over the past three years. Currently, the Clifford Chance Badea lawyers are involved in wide and complex local matters, ensuring a balanced ratio of cross-border projects and domestic projects, as well as classical court files versus risk management disputes.

The portfolio of recent national matters includes litigation and arbitrations regarding actions to cancel fines imposed by the Competition Council, other actions in administrative litigation, commercial contractual disputes, disputes between shareholders, public tender procedures, actions for damages related to the impossibility of completing projects under development, and labor disputes.