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PeliFilip Successful in Bucharest Court of Appeal for Financial Supervisory Authority

PeliFilip Successful in Bucharest Court of Appeal for Financial Supervisory Authority

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PeliFilip has successfully represented Romania's Financial Supervisory Authority in a dispute initiated by the former Chairman of the Insurance Supervisory Commission, Mr. Tudor Daniel George.

After a six-month mandate at the head of the CIS, George had demanded that the ASF be ordered to pay approximately RON 3.3 million in "cease-of-service compensation" to the CIS Council provided for by an internal CSA regulation.

The Bucharest Court of Appeal dismissed Tudor's claim as unfounded, in a decision that remains subject to appeal.

The PeliFilip team consisted of Partner Catalin Alexandru, Senior Associate Alexandru Gosa, and Associate Cristina Tudoran. "We are glad that the Bucharest Court of Appeal's decision is favorable to the Financial Supervisory Authority and we want to thank our client for this because it has given us the confidence to represent it in a high-stakes dispute," said Gosa in a statement released by the firm. "It was a difficult dossier, but with my colleagues we managed to identify the best trial strategy and achieve one of the most important gains of this year's PeliFilip litigation team."

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Asociatii is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Asociatii covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Asociatii as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners | Maravela, Popescu & Asociatii can be found at www.mprpartners.com.

All News about MPR Partners | Maravela, Popescu & Asociatii can be found here.

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