Originally From:
Arbitration Law and Practice in Central and Eastern Europe - Looseleaf
Arbitration Law and Practice in Central and Eastern Europe - Electronic
Romania - Preview Page
ROMANIA
1. GENERAL LEGAL FRAMEWORK1
1.1 National law
The Romanian Civil Procedure Code (hereinafter referred to
as the “RCPC”) regulates the arbitral procedure and stipulates
the common provisions applicable to any form of private
arbitration in Romania.
In addition, to the RCPC statutory provisions, the Court of
International Commercial Arbitration Attached to the Chamber
of Commerce and Industry of Romania2 (hereinafter referred to
as the “CICA”) has adopted the Procedural Rules on Arbitration
that apply to commercial and civil arbitration proceedings
organized by the CICA.
a) Current status
What is the current status? When was it enacted? Have there already
been amendments?
The RCPC was originally enacted in 1865. Since its original
enactment there have been multiple amendments to ensure
consistency with the current legal, social and economic
developments. Amendments have also been performed in order
to conform to the international conventions on arbitration.
Among the most significant are, the amendments made
Sofia Cozac (Bucharest, Romania) is an attorney at law with
Wolf Theiss law firm and part of the international arbitration
team of Wolf Theiss. Ms. Cozac has experience in different
aspects of commercial litigation and arbitration, including ICSID
and ICC arbitration. She has worked for a broad spectrum of
international clients, including multinational corporate entities,
advising on jurisdictional and conflict of interest issues. Ms.
Cozac has an extensive experience on arbitration disputes with
real estate aspects, such as FIDIC contracts and insurance law
aspects.
Luminita Olteanu (Bucharest, Romania) is a Junior Associate
within the Wolf Theiss Office in Bucharest since January 2011
after completing the Summer Internship Program in 2010.
Luminita Olteanu has graduated in 2010 at Law Faculty
within the University of Bucharest and is a member of the
Bucharest Bar Association since 2011. Currently she is
attending the “Business Law” master courses at the Law
Faculty within the University of Bucharest.
Ms. Luminita Olteanu is part of the Dispute Resolution
Team and is currently involved in pending court cases and
arbitration proceedings.
Liliana Toader (Bucharest, Romania) is an attorney at law with
Wolf Theiss law firm and part of the litigation, domestic and
international arbitration team of Wolf Theiss. Ms. Liliana Toader
has successfully advised multinationals and investment funds in
complex litigation and arbitration cases in areas such as:
construction and design, cross-border insolvency and public
procurement, employment, IP, debt recovery.
