competition

The Firm advises on:

  • Competition compliance and dawn raid assistance
  • Abuse of dominance
  • Unfair competition & antitrust
  • State aid and merger clearance

Selected Team Credentials:

  • Assisting an important pension fund during an investigation started by the Competition Council and in the litigation phase following the finalization of the investigation related to alleged price fixing;
  • Assisting an important player in the payment processing sector regarding the setting of the level of the interchange fees;
  • Assisting Cora in relation to a dawn raid by the Competition Council and regarding an investigation concerning alleged price fixing in the promotional sales;
  • Assisting E.ON Distributie Romania in relation to a dawn raid and several investigations opened by the Competition Council in the energy sector;
  • Assisting Sodexo Pass Romania during an investigation commenced by the Competition Council for alleged price fixing (issuing fees) and in connection to court proceedings related thereto;
  • Assisting an important utilities entity in relation to abuse of dominance matters;
  • Assisting Ericsson in relation to competition aspects of public procurement procedures;
  • Advising a Romanian major telecommunications operator in relation to a claim filed against the Romanian Competition Council in order to cancel one of the most significant fines ever imposed by the competition authority.

corporate & commercial

The Firm advises on:

  • Incorporation and restructuring of corporate entities
  • Corporate compliance and governance
  • Capital increase, exit by squeeze-out strategies, mergers, de-mergers and business transfers
  • Joint ventures and partnerships
  • Asset acquisitions and disposals
  • Drafting of shareholders agreements
  • Drafting of commercial contracts in various industries
  • General day-to-day assistance

Selected Team Credentials:

  • Assisting E.ON in relation to the setting up of a joint venture for the provisions of technical services;
  • Advising the largest aerospace company in Europe and the second largest worldwide in relation to the drafting of the contractual documentation in connection with the securitization of the Romanian borders;
  • Assisting a renowned banking institution concerning a multimillion Euro share capital increase with respect to a significant Romanian paper producer;
  • Assisting Synergia Capital Partners in relation to a capital investment concerning a Romanian company active in the IT nearshoring services;
  • Drafting various documents relating to day-to-day corporate activity of clients (e.g. shareholders resolutions, articles of association, management agreements);
  • Drafting various commercial agreements with clients and suppliers;
  • Providing legal assistance and representation to various clients before the Romanian Trade Registry and fiscal authorities.

Energy

The Firm advises on:

  • Electricity & Gas procurement and trading
  • Transmission, distribution and supply agreements of electricity and gas
  • Tariffs matters and licenses
  • Mergers and acquisitions in the energy sector
  • Concessions for gas and electricity distribution
  • Regulatory compliance
  • Relationship with Regulatory Authority

Selected Team Credentials:

  • Assisting E.ON, as seller, in the biggest post privatization deal in the energy sector with respect to the sale of a minority stake held in its Romanian subsidiary for distribution of electricity and gas;
  • Advising E.ON’s subsidiaries on the distribution of electricity and gas pertaining to complex concession agreements and regulatory-related issues;
  • Assisting E.ON Romania in relation to the acquisition of Enel’s subsidiaries in Romania;
  • Assisting a Chinese-based company (State Grid Corporation of China) in relation to the envisaged acquisition of Enel’s assets in Romania;
  • Assisting a major German electricity and gas company in relation to the restructuring through merger of its Romanian holdings acting in the electricity and gas sector;
  • Assisting a Spanish electricity sector in relation to the privatization process of Electrica Muntenia Sud, one of the most important Romanian electricity companies in charge of the electricity distribution and supply for the Bucharest, Ilfov and Giurgiu counties;
  • Assisting E.ON’s subsidiaries for distribution and supply of electricity and gas on legal and regulatory issues in relation to complex trading and precedent agreements.

Employment

The Firm advises on:

  • Dismissals and transfer / restructuring of personnel
  • Internal regulations / codes of conduct
  • Occupation, health and safety issues
  • Drafting and review of labour agreements

Selected Team Credentials:

  • Advising in relation to transfer of personnel matters related to corporate restructuring measures for E.ON Group companies such as business transfer agreements, mergers and acquisitions, de-mergers;
  • Advising an important retailer in Romania on disciplinary measures against management employees;
  • Advising Sodexo Pass Romania on restructuring measures of management positions (terminating employment agreements, drafting employment-related agreements, drafting management agreements);
  • Advising Ericsson Romania in relation to certain individual lay-off proceedings;
  • Advising one of the largest players acting in the oil & gas industry in connection to certain employment matters.

Litigation & Arbitration

The Firm advises on:

  • Administrative litigation
  • Civil law disputes
  • Shareholders disputes
  • Employment litigation
  • Energy disputes
  • Real estate litigation
  • Enforcement proceedings
  • International and domestic arbitration‎

Selected Team Credentials:

  • Advising and representing E.ON in a complex dispute initiated by several companies of the RCS-RDS group in relation to the exclusivity granted to the concessionaires of the electricity distribution service in Romania;
  • Advising and representing several players acting in the distribution and supply of electricity and gas sector with regard to various disputes against the National Energy Regulatory Authority in relation to tariffs matters and fines applied by the Regulatory Authority;
  • Advising and representing E.ON and other major players acting in the energy sector in several ICC arbitration cases, including in relation to alleged breaches of privatization agreements;
  • Advising and representing a significant player acting in the field of oil and gas on a multimillion EUR arbitration case related to a contractual dispute;
  • Advising and representing an Italian investor acting in the zootechnic industry in connection to a complex corporate dispute arising out of an increase of the company share capital;
  • Advising and representing Cora in several disputes with an aggregate value of 22 Mil. EUR regarding the termination of certain lease agreements.

Mergers & Acquisitions

The Firm advises on:

  • Mergers and Acquisitions
  • Corporate Restructuring
  • Shareholders Agreements
  • Business Transfer Agreement Spin-offs
  • Negotiation and drafting transaction documents
  • Assistance during legal due-diligence phase
  • Post-closing assistance

Selected Team Credentials:

  • Assisting E.ON Romania S.R.L. in relation to the sale of 30% of the shares held in former E.ON Distributie Romania S.A. (currently Delgaz Grid S.A.) to Allianz Infrastructure Luxembourg I S.A R.L.;
  • Assisting E.ON in relation to the acquisition of Fondul Proprietatea’s shareholding in E.ON Group companies in Romania;
  • Assisting an important energy player in relation to the creation of a joint venture acting on the gas market;
  • Assisting E.ON in relation to the acquisition of EBRD’s participation in E.ON Romania Group of companies;
  • Advising Volksbank Real Estate Services – the real estate division of Österreichische Volksbanken AG – in the EUR 17 million sale of its Romanian subsidiary, Immorom Sigma to PVN Romania and Inprox, both subsidiaries of bauMax;
  • Advising a world leading sauna heater manufacturer in a cross-border M&A transaction regarding the indirect acquisition of Domo Wellness Romania;
  • Assisting Pfisterer Holding AG in connection with its acquisition of 100% of the shares issued by Lapp Insulators Holding GmbH and legal due diligence over the Romanian entity, Lapp Insulators S.A.;
  • Assisting an US-based leading technology focused private equity fund on a post-acquisition of an international technology group with operations in Silicon Valley, US, the Netherlands and Romania, a worldwide e-Commerce and Channel Management solutions provider for vendors of software and digital goods;
  • Assisting a French company on the acquisition of a Romanian company specialised in the distribution of ocular glasses and optical instruments, exclusive distributor of the French company in Romania.

Real Estate

The Firm advises on:

  • Assets acquisitions and disposals
  • Drafting and negotiating transaction documents
  • Project development
  • Leasing agreements and asset management
  • Due diligence
  • Set-up and management of Data Rooms
  • Construction, environmental and regulatory matters

Selected Team Credentials:

  • Assisting a major retailer on the acquisition of a logistics deposit for an amount of over EUR 20 million;
  • Assisting the seller on the sale of a buildable land located in Brasov with a value of approx. EUR 10 million;
  • Assisting the buyer on the acquisition of a buildable land having a value of approx. EUR 3.5 million;
  • Assisting Romania Hypermarche S.A. (the owner of Cora hypermarkets) during the extension phase of one of its main hypermarkets, including as to the client’s relation with the landlord and constructors;
  • Assisting the buyer in relation to the acquisition of a spa resort in Romania;
  • Assisting a real estate company in the acquisition of an SPV holding an office building located in Bucharest for a price of over EUR 4 million;
  • Assisting a real estate company in the acquisition of an office building located in Bucharest for a price of over EUR 3.5 million;
  • Assisting the seller on the sale of two buildable plots of land located in Satu Mare with a total value of over EUR 2.5 million;
  • Advising a Belgian investment fund in connection to the purchase of plots of land in a surface of 5,000 hectares located in the western part of Romania.

White Collar Crime

The Firm advises on:

  • Corruption cases
  • Money laundering
  • Intellectual property / IT related crimes
  • Tax evasion and fraud
  • Gas and electricity fraudulent consumption
  • Offences against property

Selected Team Credentials:

  • Advising and representing an international company, active in the energy sector in Europe, America and Africa regarding a complex criminal litigation involving corruption practices by public servants of the Agency for Environmental Protection;
  • Advising and representing the employees of a multinational company acting in the electricity distribution field in connection to complex criminal cases concerning alleged offences in public positions reported by third parties;
  • Advising and representing a major company acting in the IT sector in complex criminal proceedings related to corruption practices involving EU funds;
  • Advising and representing a renowned company acting in the food sector in complex criminal disputes concerning alleged corruption and tax evasion offences;
  • Advising and representing a significant multinational company acting in the electricity distribution sector, as civil party or party with civil liability, with respect to sophisticated criminal litigation related to fraudulent consumption of electricity, as well as concerning offences against the persons;
  • Advising and representing a major multinational player acting in the energy sector, as civil party, in a complex criminal case regarding embezzlement, fraud, abuse in office, money laundering and setting of organized crime group offences perpetrated by former legal representatives and employees of the company, as well as third parties;
  • Advising and representing a major international IT company, as civil party, in complex criminal litigation concerning fraud, money laundering, embezzlement and informatic counterfeit offences perpetrated by various individuals.