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Stratulat Albulescu Successful for Hervis Sports & Fashion Before Specialized Tribunal in Cluj

Stratulat Albulescu Successful for Hervis Sports & Fashion Before Specialized Tribunal in Cluj

Romania
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Stratulat Albulescu has successfully represented Hervis Sports & Fashion before a Specialized Tribunal in Cluj, winning an injunction for the deferred payment of part of the rent relating to Vivo Shopping Center Cluj, owned by Immofinanz real estate group.

According to Stratulat Albulescu, “the tribunal granted Hervis’ request for an interim injunction and consequently ordered the postponement of the payment obligation for 70% of the rent, service charge, and marketing costs for May until the case is heard in first court proceedings. This decision could give retailers the right to seek a waiver or a rent reduction in court from landlords at least for the period of suspension of their business as a result of the COVID-19 pandemic.“

Stratulat Albulescu's team included Managing Partner Silviu Stratulat and Associates Andreea Stanciu, Ana-Maria Damian, Robert-Emanuel Popa-Badea, and Daiana Assoum.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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