Banking & Finance

Our constant involvement in sophisticated and one-of-a-kind deals translates in best practices in the banking and finance sector, which our team has been developing in Romania. We complement this with the highest quality of services delivered to our clients and we are confident that these established our banking and finance practice as a market leader on the domestic market.

Over the past decades, the evolution of the domestic financial market has been prompted to a staggering number of regulatory changes. This context created opportunities for us to constantly act on complex and sensitive high profile transactions, with a substantial share of first-to-market and deals that have set benchmarks.

Highlights of our most recent work include:

  • in banking, where following the entry into force of the New Civil Code, we helped major banks navigate unexplored routes, providing assistance and training on adapting their standard documentation to comply and reflect the changes brought by this major legal act; we have also been involved in the implementation and application of the Romanian law transposing the EU Consumer Credit Directive
  • in financing, be it corporate, assets or project finance, where we have been guiding both finance parties, sponsors and borrowers with interests across the entire range of industry sectors, with particular focus on energy, real estate, pharmaceuticals and healthcare, automotive, transportation, in transactions with an estimated value of over several billion EUR
  • in financial restructuring and insolvency, where, given the current trends and dynamics of the sector, our increasingly prominent practice has been involved, during the past years alone in several restructuring mandates, as well as non-performing loans trading engagements, including in and out-of court proceedings

We have been assisting our clients throughout this fast-shifting legal environment, leading the market in this process and designing solutions that factor in, to the best extent possible, future developments.

Prominent international and domestic financial institutions as well as leading Romanian and international corporations use our services for a vast range of banking and finance areas, including:

  • corporate finance, including bond issuance on regulated or non-regulated markets
  • acquisition finance
  • asset finance
  • project finance
  • structured finance
  • public sector finance
  • debt restructuring and insolvency
  • sale and acquisition of individual non-performing loans (NPLs) or NPL portfolios
  • regulatory and compliance
  • financial institutions mergers and acquisitions and privatizations
  • financial institutions operations and reorganisations
  • banking litigation, including consumer credit disputes