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March 29, 2023

Hotel Ambasador, returned to owners after ten years of lawsuits

The building and the land of the Ambassador Hotel in Bucharest, the Ciclop wing, were returned in kind to the heirs of the architect Arghir Culina, former owner, after ten years of litigation, according to a release of the Zamfirescu Racoti & Partners (ZRP) law firm that represented the heirs of the former landlord. The property consisting of 520 sq m of land and a building of 13 floors, basement and ground floor, situated in Magheru Boulevard in the direction of the Ciclop Garage, was unnationalsied by the final admission of the in-kind restitution claim. After ten years of lawsuits, the High Court of Cassation and Justice handed down a final ruling dismissing the appeals introduced by Ambasador SA, AVAS and Ministry of Finance and sustained the decision passed by the Bucharest Tribunal back in 2003.

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