Victory for Romania. LDDP, in consortium with LALIVE, successfully represented Romania in the ICSID Case No. ARB/15/31 – Gabriel Resources v Romania. In the Award of 8 March 2024, the arbitral tribunal, with majority, rejected all claimants’ claims on the merits of approximately USD 6.7 billion including interest, and awarded a substantial part of Romania’s arbitration costs. The LDDP team led by Prof. Crenguta Leaua included Prof. Stefan Deaconu, Andreea Simulescu, Liliana Deaconescu, Andra Soare-Filatov, Corina Tanase, Aurora Damcali, Marius Grigorescu. Bucharest, Romania