Against the infamous backdrop of ever-changing economic and regulatory framework, banking projects today demand a mix of intellectual rigor, flexibility, legal knowledge, and financial and business expertise.
To meet these high market requirements, our firm’s banking practice brings together an interdisciplinary team of competitive, bright and knowledgeable lawyers, who have been involved in a broad range of finance transactions and who are familiar with the day-to-day activity of the Romanian banks. Clients trust our finance lawyers to take a sophisticated, yet simple and practical approach to achieving their objectives.
⦁ secured loans;
⦁ secured loans;
⦁ multi-currency and multi-option financings;
⦁ real estate financings;
⦁ working capital facilities;
⦁ banking litigation and arbitration;
⦁ enforcement of bank guarantees and payment instruments;
⦁ escrows and other special purpose bank accounts;
⦁ banking regulatory.
⦁ Coordinating a team of lawyers both in Bucharest and in other areas of the country in an assistance and representation project for one of the largest banks in Romania in cases deriving from day-to-day banking operations;
⦁ Coordinating a team of lawyers both in Bucharest and in other areas of the country in an assistance and representation project for one of the largest banks in Romania in cases deriving from day-to-day banking operations;
⦁ Providing permanent consultancy to an important Romanian banking institution with respect to the compatibility between the bank’s actions and the provisions of Romanian legislation in force, including issues pertaining to the restructuring of bad debt (e.g., drafting both the amendments of the credit agreements and the documents needed for the pledging or preservation of ancillary securities);
⦁ Long-term permanent assistance for a major financial institution with respect to its litigations related to alleged unfair consumer contract terms;
⦁ Legal assistance and representation of a credit institution which held receivables in excess of 3 million RON in a series of challenges on enforcement filed by endorsers who also registered a criminal complaint claiming forgery offences as regards the promissory notes which had been endorsed;
⦁ Assisting a major bank in complex proceedings, including liability claims and enforcement proceedings, against a major international group of companies for the recovery of a debt of over 30 million EUR.
⦁ Legal assistance and representation of a credit institution in a series of challenges of enforcement procedures, filed by mortgage guarantors, the value of the obligations assumed by the main debtor being in the amount of approximately 2 million USD;
⦁ Providing consultancy to an important international financial institution as regards the possibility of recovering a loan granted for the financing of a real estate project comprising residential areas and offices;
⦁ Assisting one of the largest suppliers of financial services in Central and Eastern Europe in arbitral proceedings concerning claims of over 50 million EUR deriving from a group of financing agreements, joint ventures and share sale and purchase agreements;
⦁ Drafting of a novation contract for a joint venture valued at more than 35 million EUR, which included issues of guarantees, financing and associates’ rights;
⦁ Drafting of agreements for the assignment of claims and guarantees between the members of an important European financial group;
⦁ Drafting of guarantee agreements in relation to the financing of a real estate project in value of more than 50 million EUR in Romania by an important European financial group.