About 26,400 notifications for the restitution of buildings in Romania, based on Law 10/2001, submitted by former owners to the National Authority for Restitution of Properties in Romania five years ago, and unsolved yet, may go to Court starting with May 2018, announce Romanian lawyers specialized in litigation and property recovery and restitution from Pavel, Margarit & Associates Romanian Law Firm.
Thus, on 20th of May 2013, about 53,000 restitution files were filed at Romanian Restitution Authority. The settlement term for these files was five years (according to Law 165/2013). The five-year deadline has already passed in May 2018, and still 26,400 of files have remained unsolved. According to Romanian legal provisions, former owners can go to Court for a faster resolution.
“The unsolved files are, according to Romanian Restitution Authority, «pending», and a few more years may pass, until the cases will be settled. According to Romanian Restitution Authoritys Rules of Procedure, the Romanian Authority has the obligation to solve about 700 files per month, thus about 8,500 files within one year. This means that, in order to solve all 26,400 pending files, Romanian Restitution Authority has at least 3 years at its disposal. Compared to the settlement period at Romanian Restitution Authority, a trial in Court may take between one or two years, especially if the former owners hire a Romanian lawyer specialized in litigation and property recovery and restitution”, said Catalin -Radu Pavel, Managing Partner at Pavel, Margarit & Associates Romanian Law Firm.
Bucharest leads the top of the Romanian cities with the highest number of notifications for property restitution
According to statistics consulted by Pavel, Margarit & Associates Romanian Law Firm, Bucharest leads the top of the cities with the highest number of notification for restitution, most of them being unsolved. Thus, Bucharest leads the top, with a total of 24,600 notifications. Bucharest is followed in this top by Constanta with 3,100 notifications, and Arad with 890 notifications. The following cities in the top were: Buzau – 804 notifications, SfÃ¢ntu Gheorghe (Covasna) – 476 notifications, Bacau – 431 notifications, BrÄƒila – 290 notifications, Sinaia – 233 notifications, TimiÅŸoara – 217 notifications, Arges – 208 notifications. “Bucharest has an overwhelming number of files still waiting to be resolved under Law 10/2001. The sooner the cases are recorded in Court, they may be faster solved then in the administrative procedure”, said Managing Partner Catalin-Radu Pavel. Pavel, Margarit & Associates Romanian Law Firm has, over time, successfully dealt with large-scale cases of recovery and restitution of Romanian properties. A Romanian lawyer specialized in litigation and property restitution and recovery may set up a legal strategy that can speed the cases solution, say lawyers from Pavel, Margarit & Associates Romanian Law Firm.
Pavel, Margarit & Associates Romanian Law Firm is one of the top law firms in Romania, which offers legal services at the highest quality, beyond clients expectations. The Law Firm approaches the cases with maximum professionalism and dedication. Its ultimate goal is obtaining exceptional results and achieving the clients objectives, in a time efficient manner. Among Pavel, Margarit & Associates clients are top multinationals and local companies. In 2018, the success stories of the Romanian Law Firm have brought recognition of the most prestigious international guides and publications. Thus, Pavel, Margarit & Associates Romanian Law Firm ranked second place in Romania in the rankings of business law firms with the most relevant expertise this year, realised by the Legal 500 publication, the most prestigious guide for law firms in the world, based in London, UK. The law firm is also recognized internationally by IFLR 1000 Financial and Corporate Guide 2018. Pavel, Margarit & Associates Romanian Law Firm is also the only law firm in Romania recommended by the Global Law Experts Director in London in the Dispute Resolution area of Practice. All the relevant information regarding Pavel, Margarit & Associates Romanian Law Firm including areas of practice and the most important deals can be found on the website www.avocatpavel.com, which is one of the most complex law firm websites in Romania.