Standard Retirement Age Conditions Changed in Romania

On 5th of June 2018, the Constitutional Court of Romania upheld the exception regarding the provisions of Art. 56 Par. (1) first thesis from Law No. 53/2003 – Labor Code and stated that such are constitutional to the extent the phrase ”standard age conditions” does not exclude the women’s possibility to request to continue the employment relationship under identical conditions as compared to men, namely until the age of 65. Under the Court’s opinion, at the age of 63 it is necessary for  women to have the right to choose to continue the working relationship until the age limit provided…

Mogosoaia Palace Remains the Property of the Bucharest Municipality - a New Resounding Success for NNDKP

After more than 8 years of litigation in court, the judge confirmed: Mogosoaia Palace remains the property of the Bucharest Municipality. Pursuant to the decision rendered on May 22, 2018, the Bucharest Court dismissed as inadmissible the motion filed for the retrocession of the Mogosoaia Palace. The Bucharest Municipality was represented in this case by Nestor Nestor Diculescu Kingston Petersen (NNDKP), and the trial strategy was coordinated by Ana Diculescu-Sova, Senior Partner and Coordinator of the Dispute Resolution Practice of the firm. During the 8 years of legal representation, the team…

NNDKP Successful in an Emergency Arbitrator Proceeding before the Chamber of Commerce and Industry of Romania

In this proceeding, the plaintiff – a company active in the field of production of alternative energy sources – asked the Emergency Arbitrator to grant provisional measures consisting in the suspension of the plaintiff’s payment obligations arising out of a leasing agreement.

Ion Nestor among the 100 Romanians Invited to Speak in the Editorial Project “Romania 100 ideas” developed by Ziarul Financiar

Ion Nestor, Senior Partner and one of the founding partners of NNDKP was invited by Ziarul Financiar to take part in the editorial project “ZF Romania 100 ideas” that celebrates 100 years since the Great Union Day. The aim of this project is to discuss with 100 Romanian personalities (entrepreneurs, sport persons, artists, researchers, etc) about Romania and its future.

NNDKP Secures an Irrevocable Decision on behalf of Azomures against GFR in a Complex Commercial Dispute Stemming from a Framework Agreement

NNDKP successfully represented the company Azomures in a commercial dispute that involved damages in the amount of EUR 15 million, representing lost profits pursuant to a framework transportation agreement. In this dispute that lasted seven years and involved complex procedural steps, including quashing and remanding for re-adjudication on appeal, a change of venue at the opponent’s request, an annulment claim and several expert opinions, the court issued a final decision whereby it irrevocably dismissed the claim filed by GFR against Azomures, represented by NNDKP. In March 2018, NNDKP…

NNDKP – High Five! Firm of the Year in Intellectual Property for the Fifth Consecutive Year

Nestor Nestor Diculescu Kingston Petersen (NNDKP) wins for the fifth time in a row the award for “Romanian Intellectual Property Firm of the Year” – Contentious category, at the Managing Intellectual Property (MIP) gala organised in London. Managing Intellectual Property is one of the most prestigious international publications in intellectual property. In its 2018 rankings, NNDKP is top-ranked in the field of patent and trademark contentious as well as in patent and trademark prosecution. Ana-Maria Baciu, Partner and Coordinator of the firm’s intellectual property practice, stated:…

Three New Partners at NNDKP

Nestor Nestor Diculescu Kingston Petersen (NNDKP) announced the promotion of three lawyers to partnership. This decision reconfirms NNDKP’s strategy in stimulating the internal development of its lawyers on all levels of seniority and continues to consolidate its position as a leader in the Romanian business law market. Corina Dumitru and Razvan Vlad were promoted to partner within the Corporate/M&A Practice, and Lavinia Ionita Rasmussen was promoted to partner within the Real Estate Practice of the firm. In addition to the promotions at partnership level, NNDKP promoted: four…

NNDKP and Cornerstone Communications Enter into an Alliance

An exceptional alliance, aiming at enhancing the ecosystem for Romanian entrepreneurs and at contributing to the internationalization of their businesses, across the European and global economic space. Building business bridges within the CEE region represents one of the most important opportunities for businesses throughout the region. Ion Nestor, NNDKP: “We are accelerating the development of our business model with a new strategic step, which is a reason for us to partner with the ascending corporate name in the financial industry”. Ludwik Sobolewski, Cornerstone Communications:…