Since the beginning of the economic crisis in 2007, our Banking, Finance and Private Equity practice has underwent a major and rapid development, since our team has been involved in complex banking and finance projects.
In the beginning of the recession, we assisted clients in solving banking disputes generated by loan agreements which included abusive clauses. However, more recently since Romanian economy has become very dynamic and attractive in many sectors, we have assisted clients in their financing pursuit and project development.
Hence, the lawyer team responsible for this practice has experience in dealing with a wide range of banking and finance matters such as: banking disputes, leasing finance, real estate and renewable energy, asset finance, corporate recovery and restructuring, etc., providing legal assistance in agreements negotiations, structuring transactions with escrow account, performing due diligence report for project finance, providing legal opinions.
Significant projects
- Assisting the Romanian branch of an Austrian producer of green energy from biomass, present in all the major EU countries, in negotiating and closing the financing of the project in Romania
- Assisting a German company, activating in the agricultural field, in structuring the transaction by an escrow account for purchasing 400 ha of land in a number of steps
- Assisting an Italian leasing bank in financing important projects in renewable energy field, by performing legal due diligence of the projects and issuing legal opinions
- Assisting an important Slovakian investor in the relation with the bank which financed the development of three power plants in Romania, by providing due diligence reports and legal opinions
- Assisting the most important German Leasing Company activating in south Germany in restructuring of financing facilities and assessment of various default situations in Romania
- Assisting an Insurance Group in performing verifications requested by a complex litigation regarding the illegal issuance of house insurance policies
- Assisting a German company activating in renewable energy field in providing all the needed information to an American Investment fund in the process of financing the development of a photovoltaic power plant
- Assisting an Austrian financial group, in financing real estate transactions in Romania
- Assisting an Austrian bank activating on the Romanian market for the reviewing of the loan agreement and the mechanism of the retention of ownership right as a contract guarantee
- Assisting a German investment fund for implementing a transaction on the capital market for a company located in Deva
- Assisting a Swiss company in capital market transactions
- Assisting various clients in banking disputes for the annulment of the abusive clauses in loan agreements