Stratulat Albulescu has successfully represented Romanian sports retail chain Hervis Sports & Fashion S.R.L. (“Hervis”) in obtaining an unprecedented decision by the Cluj Specialised Tribunal, with the grant of an injunction for the deferred payment of part of the rent relating to premises at the Vivo Shopping Center in Cluj which is owned by commercial real estate group Immofinanz.
The Tribunal granted the request by Hervis for an interim injunction and, consequently ordered the postponement of the payment obligation for 70% of the rent, service charge and marketing costs for the month of May until the case is heard in first court proceedings.
