Litigation in Romania, Lexology Navigator, December 2018
Which domestic laws and regulations govern the recognition and enforcement of foreign judgments in your jurisdiction? The recognition and enforcement of foreign judgments in Romania are governed by: Book VII, Title III of the Civil Procedure Code (Law 134/2010), which was published in the Ofcial Gazette (Part I, 545) on 3 August 2012 and entered […]
Commercial arbitration in Romania, Global Arbitration Review May 2018
Infrastructure The New York Convention – Are there any noteworthy declarations or reservations? Other treaties – Is your state a party to any other bilateral or multilateral treaties regarding the recognition and enforcement of arbitral awards? National law – Is there an arbitration act or equivalent and, if so, is it based on the UNCITRAL […]
Slaying Corruption – Or How Romania is Fighting Its Biggest Enemy , CEE Legal Matters Magazine, September 2017
Since Romania’s accession to the European Union in 2007, the European Commission has set up a Cooperation and Verication Mechanism (CVM) in order to monitor, among other strategic points, the progress of Romania’s ght against corruption. The CVM Report, which was published on January 25, 2017, concluded that judicial reform and the ght against corruption […]
ELKB Enforceability of Arbitration Clauses – Romania
In Romania, courts of law and arbitral tribunals recognize as a rule the legally binding effects of arbitration clauses and the entailing jurisdiction bestowed upon the arbitral tribunal. This is mainly the result of an arbitration-friendly national legal framework (namely, Sections IV and VII sub-section IV of the Civil Procedure Code in force as of […]
ELKB Recovering Litigating Attorney Fees Under Romanian Jurisdiction
Litigation costs including attorney fees are governed by articles 451 – 455 of Law no. 134/2010 regarding the Romanian Civil Procedure Code. According to these provisions, the party who won the case is entitled to recover the attorney fees from the party who lost. Therefore the losing party has to bear apart from its attorney’s […]
International arbitration under Romanian law – an overview
Romania is a jurisdiction with a longstanding tradition in terms of arbitration: its first modern civil procedure code, dated 1865, comprised an entire chapter dedicated to arbitration proceedings (preserved until 1993) which encompassed some of the main arbitration-related aspects that are regulated in today’s law systems (e.g. arbitration agreement, appointment and revocation of arbitrators, arbitration […]