Pelinari & Pelinari and Lexters, working alongside Dechamps International Law and Essex Court Chambers, have successfully defended the Romanian state in an ICSID renewable energy dispute against Findoc and others.
According to Pelinari & Pelinari, the dispute ended with the tribunal dismissing all claims on the merits. The case, launched by 44 renewable energy investors, alleged that Romania’s regulatory reforms in the renewable energy support scheme breached the Energy Charter Treaty. The tribunal’s decision found no violation and ordered the claimants to bear half of Romania’s legal costs.
The Pelinari & Pelinari team included Partners Andrei Pelinari and Andreea Pelinari and Counsel Brasovschi Dumitru.
The Lexters team included Partner Alexandru Stanescu.
