Projects

Assisting a potential US based investor in acquisition of a small and with mostly freezed activity Romanian bank owned by a Romanian entrepreneu

Assisted the local subsidiary of a Cypriot bank in connection to the warranties to be granted by the seller based on the endorsements from the local management, as well as on other Romanian regulatory aspects in connection with the client’s the mother company intent of selling its majority stake in the Romanian; also assisted the bank in renewing its D&O policy with extended run-off coverage

Assisted one of the most active retail park developers on the Romanian market covering several Romanian cities, in connection with the refinancing process of the retail park located in Botosani by renegotiation of terms with the financing bank. Our firm has conducted due diligence investigations on the financial refinance scheme and assisted the client in the negotiation and conclusion of the financing documents and security package, second stage development of the project was also covered

Assisted one of the most important players in the Romanian banking system, part of an Austrian based banking group, in connection with the establishment and the organization of an abroad booking center, used for tax, cost reserve and other regulatory optimization purposes, a platform to be further used for a Romanian-based asset securitization

Assisted a Romanian financial institution in disposal of the majority stake in one Romanian Bank, including assistance in negotiation with various potential bidders and entering into a binding agreement with an US based hedge fund. Following the failure of the fund to close the acquisition, the runner-up (an important bank) took over 54,79% equity interest in target as a combination of acquisition of shares from the existing shareholders and a capital injection into the bank. Our team provided general legal