One Move Ahead

Press Releases

Decision in Baneasa Case

Publication: ZRVP

The High Court of Cassation and Justice, Criminal Section, has admitted the nine appeals files by the interested parties involved in the trial, and namely bank institutions, hypermarkets and commercial centers

The High Court of Cassation and Justice has admitted today, June 12, 2020, the appeals filed by the nine interested parties that filed appeals in the “Băneasa case”, among which also Alpha Bank România S.A., Unicredit Bank S.A., Unicredit SPA Italia and NBG Bank Malta Limited, the four banking institutions being represented by attorneys at law of the criminal law department of Zamfirescu Racoți Vasile & Partners. By the solution delivered, The High Court of Cassation and Justice ordered the cancellation of the judgment challenged by appeal, the referral of the case for retrial to the Bucharest Court of Appeal and cancellation of all forms of execution of the precautionary measures taken by the criminal judgment challenged by appeal.

The defense of the banks was provided by Călin-Andrei Zamfirescu, Senior Partner ZRVP,  George Avram, Senior Associate ZRVP and Ionuț Chisăr, Senior Associate ZRVP.

Following this solution, a new judge of the Bucharest Court of Appeal is going to judge the civil part of the “Băneasa case”, and the interested parties will have the possibility to defend their rights acquired in good faith.

We remind that the judge of the Bucharest Court of Appeal ordered in 2018, by the judgment challenged by appeal and without subpoenaing the interested persons Alpha Bank România S.A., Unicredit Bank S.A., Unicredit SPA Italia and NBG Bank Malta Limited, that the property formed of land, with an area of 224.6 hectares and constructions was the public property of the Romanian State, deciding that such property be restituted to the Romanian State. By the same judgment, the court ordered also that the accounts of the defendants and of the civilly liable parties be garnished up to the full restitution of the plot of land with an area of 224.6 hectares, valuated by the technical and scientifical finding report made in the case at lei 6,194,722,180,586.5 lei (equivalent of USD 180,821,091, at the level of 2006), as well as of the amount of lei 1,418,646.6 (the value of the demolished constructions).

Privacy Preferences
When you visit our website, it may store information through your browser from specific services, usually in form of cookies. Here you can change your privacy preferences. Please note that blocking some types of cookies may impact your experience on our website and the services we offer.


The COVID-19 crisis is fast-moving and hard to predict. At ZRVP, our highest priority is the health and wellbeing of our people, our clients and our communities.

Our response measures are aligned with the recommendations and decisions of the Romanian authorities and ensure the safety of our people and visitors as well as the continued provision of key client services and operations.

We would like to assure you that ZRVP will continue to operate seamlessly during the next period, both remotely and at our offices. We will provide continuous legal service to all our clients and assist you in the navigation of the wide range of legal and economic impacts of COVID-19 that are leading to uncertainty and volatility across all sectors. We are closely monitoring the situation as it evolves and will provide up-to-date information related to the wide range of issues arising during this challenging time.

In the meantime, if you would like to contact any of our team members, please use the usual contact details.


Kind regards,
Your ZRVP team