Cobalt has successfully represented Swedish truck manufacturer Volvo Truck Corporation in a dispute initiated by Balta against Latvian truck conversion specialist Unitruck.
Domicile of an Arbitral Award – What Does and What Does Not Influence It
The distinction between a domestic and a foreign arbitral award is important because it affects the recognition, enforcement, and legal remedies available under Serbian law. The domicile of the award is determined by the seat of arbitration and the law applied to the arbitral proceedings.
Landmark Decision by Hungarian Curia on Bank Frauds
In its recent decision of 19 February 2025, the Supreme Court of Hungary (‘Curia’) overturned the second-degree verdict that held fraud victims solely liable and ruled that financial institutions cannot automatically reject compensation claims. This landmark decision might open the doors for customers to claims against their banks in similar cases.
Tuca, Zbarcea & Asociatii Successful for CRRC Qingdao Sifang and Astra Vagoane Before CJEU
Tuca, Zbarcea & Asociatii has successfully represented the association between China-based CRRC Qingdao Sifang and Romania-based Astra Vagoane Calatori before the Court of Justice of the European Union in a case which rendered Emergency Ordinance No. 25/2021 on the exclusion of non-EU economic operators from public procurement procedures ineffective.
Tuca Zbarcea & Asociatii Successful for Egger Romania in Electricity and Gas Price Capping before Alba Iulia Court of Appeal
Tuca Zbarcea & Asociatii has represented Egger Romania in a dispute over undue charges by an electricity supplier based on a misinterpretation of Government Emergency Ordinance No. 27/2022.
Sarbu Partners Opens for Business in Romania
Former Oglinda & Partners lawyers Eugen Sarbu, Mihai Ionescu-Balea, and Tasiana Timofticiuc have established Sarbu Partners in Bucharest.
The Constitutional Court of the Republic of North Macedonia Votes to Annul Solidarity Tax Law
On 5 February 2025, the Constitutional Court of the Republic of North Macedonia (“Court”) annulled the Solidarity Tax Law (“Law”), ruling that it violated several key constitutional principles.