RMDT has handled complex restitution matters over the years and gained high recognition in the Romanian and international markets as one of the most successful law firms in the restitution of real property abusively taken over by the Communist State before 1989. The firm’s legal assistance encompasses complex analysis of restitution laws in force, including in-depth interpretation of applicable legislation effective during communism, during the inter-war period, and in the 1990s, as well as resolution of complex ownership right issues.
The firm’s success in restitution matters has generated a significant volume of cases, properly supervised and conducted toward positive outcomes by a team of lawyers characterized by a high level of professionalism. RMDT’s lawyers have consistently provided both the preparation of documents required by administrative and judicial authorities and representation, at any stage, before such authorities and courts.
RMDT’s attorneys have consistently sought innovative legal solutions. When facing normative acts considered non-compliant with the Romanian legal system, our team has undertaken all necessary legal measures to remedy legislative dysfunction. For instance, RMDT successfully challenged in court a Government Decision applicable to tens of thousands of persons, achieving not only the cancellation of the Government Decision but also obtaining compensation from the Romanian Government.
Over time, the firm’s client portfolio in the restitution field has expanded significantly, encompassing various clients for whom RMDT has achieved positive outcomes, having obtained restitution in-kind or by equivalent for immovable property valued at tens of millions of euros.
Among the firm’s clients are successors of historically significant figures of the Romanian industrial sector, including the heirs of Max Ausnit and Nicolae Malaxa, as well as the Habsburg family and The Romanian-Jewish Community Confederation.
Notable restitution projects handled by RMDT include:
- Assisting the heirs of Max Ausnit and Nicolae Malaxa, the largest industrialists of the Romanian era before communism, in the restitution by equivalent of shares held in various companies, amounting to hundreds of millions of euros.
- Assisting the heirs of Max Ausnit in the in-kind restitution matter concerning the immovable property located in Bucharest, Aleea Alexandru no. 1 (former Embassy of Argentina). The property was subsequently sold to one of the Romanian millionaires mentioned in the Top 10 of “Capital” magazine.
- Assisting and representing various clients in the restitution of immovable properties located in Bucharest and in other localities of Romania, including:
– The immovable property located in Bucharest, Calea Victoriei 33-35, hosting the “Constantin Tanase” Theatre, known as the Frascati Palace
– The immovable property located in Bucharest, str. Brezoianu 23-25, where the editorial team and typography of the “Universul” inter-war newspaper functioned, known as the “Universul Palace”
– The historical building located in Bucharest, Matei Basarab 79 Street, hosting the Registry Court of the 3rd District
– Farms and former family country residences, located in different Romanian towns and cities, including both the original domains and hundreds of hectares of agricultural land and forest