TRIAL
14 articole · RSS
Euro Insol Wins Trial Against Alpiq Romindustries
Bucharest Court of Appeals rejected the appeal of energy trader Alpiq Romindustries to Bucharest Court's ruling, which rejected the trader’s appeal against the measure taken by legal administrator Euro Insol to denounce the bilateral energy contract closed wit...
Aktor-Vinci-Strabag Consortium To Sue Romania Over Annulment Of Comarnic-Brasov Auction
Greek company Aktor, along with Vinci and Strabag, plan to sue the Romanian state for having canceled the auction for the construction of the Comarnic-Brasov highway section, which had been...
Astra Shareholders And Management Contest Special Administration Order In Court
Romanian insurer Astra, its shareholders and managing board have contested in court the decision whereby Romania's Financial Supervision Authority placed it under the special administration...
AVAS Claims $8.7M From Musat & Asociatii In Noble Ventures Case
Romania’s privatization authority AAAS, former AVAS, has filed legal action against Musat & Asociatii claiming $8.7 million from the law firm, arguing the latter failed to meet all its oblig...
Romanian Court Definitively Sentences Omar Hayssam To 16 Years In Prison For Fraud
Romanian Court of Cassation and Justice on Thursday definitively sentenced Omar Hayssam to 16 years in prison for having embezzled four companies with EUR1.6 million.
Court Cancels State Aid Granted To Wizz Air By Timisoara Airport
The Pitesti Court of Appeals canceled on November 14 the state aid granted by the Timisoara Airport to low-cost airline Wizz Air, and the decision is final.
Sorin Ovidiu Vintu Indicted In Old Fraud Case
Romanian businessman Sorin Ovidiu Vintu has been indicted on charges of embezzlement and money laundering in a case regarding the collapse of the National Investment Fund (FNI).
Businessman Vintu, Ex Union Leader Liviu Luca, Indicted For Embezzling Petromservice
Romanian businessman Sorin Ovidiu Vintu, former union leader Liviu Luca, Octavian Țurcan, and former Petromservice managers Gheorghe Supeala and Zizi Anagnostopol have been indicted for mone...
Romanian Ex-Minister’s Embezzlement Trial Postponed For Oct 25
The trial in which Romania’s former Youth and Sports minister Monica Iacob-Ridzi is accused alongside other defendants of defrauding the ministry of over 2.7 million lei (about EUR640,000) s...