Region: Romania

A Swiss investor has threatened Romania with a treaty claim, saying its interest in a now-bankrupt road infrastructure company was destroyed by tax decisions and asset seizures imposed by the state authorities. 

16 April 2025

Romania is seeking to annul an Energy Charter Treaty award that reportedly granted US$85 million to a Russian-owned petrochemical investor over the seizure of a refinery.

27 March 2025

An ICSID tribunal has reportedly ruled in favour of a wind power investor in a €183 million Energy Charter Treaty claim against Romania over cuts to the state’s renewable energy incentive scheme.

19 March 2025

UPDATED: Romania has defeated an Energy Charter Treaty claim worth at least €256 million brought by a group of European and Asian solar investors over changes to the state's renewables regime.

17 January 2025

The Micula brothers have lodged appeals at the Court of Justice of the European Union over a decision upholding a prohibition on Romania’s payment of a 12-year-old ICSID award on the basis of state aid rules.

15 January 2025

Two brothers who brought treaty claims worth up to US$2 billion against Romania over the Communist-era expropriation of their family’s film company have seen mixed results, as a tribunal declined jurisdiction over one claim while allowing part of the other to proceed. 

05 December 2024

The General Court of the EU has upheld a decision by the European Commission that enjoined Romania from paying a €178 million ICSID award in favour of the Micula brothers because it would violate state aid rules. 

04 October 2024

US gymnast Jordan Chiles is seeking to overturn a controversial Court of Arbitration for Sport award that effectively stripped her of her Olympic bronze medal, alleging that CAS should have reopened the case to review new video footage and that tribunal chair Hamid Gharavi was conflicted.

20 September 2024

Luminita Popa has left Suciu Popa, the GAR 100 firm she co-founded eight years ago in Bucharest, to establish a practice as an independent arbitrator. 

12 September 2024

The Court of Arbitration for Sport has published a controversial award that saw US gymnast Jordan Chiles stripped of her Olympics bronze medal and caused a fierce media backlash against the institution and issuing tribunal – as the US team alleges that CAS did not provide it with conflict-of-interest disclosures made by chair Hamid Gharavi.

15 August 2024