Popescu & Asociatii

Managing Partner: Octavian POPESCU

Number of partners: 7

Number of lawyers: 35

Languages: English, French, German, Italian, Russian

Firm Overview:

POPESCU & ASOCIATII is a top Romanian business law firm founded to provide premium integrated services to premium businesses, both in Romania and abroad, in all the relevant areas of practice, and especially in all industries of interest for active economic players.

Established as a full-service law firm, POPESCU & ASOCIATII genuinely combines the expertise and exposure in the consultancy field with high level of strategic capabilities and experience in trials and court rooms, to provide state-of-art advice and representation both in local and cross border deals and files. Having a full coverage of business law areas of practice provides the leverage to successfully advise and represent clients in a wide range of local and international corporations, private equity funds, financial institutions, and entrepreneurs active in fields such as banking and finance, energy, real estate and construction, media, pharma, telecom, retail, transportation.

Main Areas of Practice:

Banking & Finance:

3 partners, 5 fee earners based in Romania

■ The bank with the highest market share in Romania in relation to control procedures in connection with the way the Bank has fulfill its legal obligations in respect of the other subsidiaries

■ The Romanian branch of a Dutch banking group in connection with a variety of judicial and extrajudicial proceedings concerning the way in which bank has been linked to the compliance requirements imposed by the authorities

■ The Romanian Group companies of a leading pan-European debt specialist for banks and institutional vendors in relation to NPLs sale and acquisitions and their subsequent service

Contacts: Dana BIVOL, Octavian POPESCU, Anca SIMERIA

Emails: [email protected]; [email protected]; [email protected]

Corporate & M&A:

3 partners, 8 fee earners based in Romania

■ The Romanian state railway carrier in connection to the merger by absorption of two companies that the Romanian State owns in computer and printing services fields

■ One of the largest retailers of FMCG in Romania during its network stores expansion (over 850 stores)

■ The Romanian Group companies a leading pan-European debt in relation to multiple changes in the high-level management structure, as part of a restructuring process at Group level

■ Romanian National Air Transport Company in relation to the restructuring of foreign agencies, aiming to close operations within the agencies opened in 11 European countries (Austria, Italy, Israel, Germany, France, Spain, Turkey, Hungary, the Netherlands, UK, Greece)

Contacts: Loredana POPESCU

Emails: [email protected]

Dispute Resolution:

4 partners, 10 fee earners based in Romania

■ One of the most important construction companies in Italy in judicial procedures arisen from closing and execution of a public procurement contract having as object the development of a national interest sport project

■ One of key players in the supplier electricity industry in connection with multiple commercial, administrative, and fiscal litigation derived from the audit reports conducted by the Romanian Court of Auditors

■ One of the most important system integrators in CEE and MENA in connection with various commercial and insolvency litigation, administrative, civil, and fiscal disputes derived from the contractual agreements concluded with Romanian State Authorities and enforcement proceedings initiated for recovering of alleged debts

Contacts: Octavian POPESCU, PhD. Gheorghe BUTA

Emails: [email protected], [email protected]

Prevention, Compliance & White-Collar Crime:

2 partners, 5 fee earners based in Bucharest

■ The bank with the highest market share in Romania in relation to the manner of implementing new legal continue requirements according to DIRECTIVE (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (implemented in Romania through 129/2019 law) and the way the bank has implemented AML procedures

■ A Romanian NGO and its president in one of the most important investigations initiated by the anticorruption prosecutors for crimes against the financial interests of the European Communities with the wide competition of the Anti-Fraud Department

■ The top management of one of the most important players in the Romanian and European transportation market in a very complex investigation of more than 30 companies and cross-border transactions on alleged charges of tax evasion, money laundering and embezzlement

Contacts: Adrian CHIRVASE, Octavian POPESCU

Emails: [email protected]; [email protected]

Restructuring & Insolvency:

2 partners, 6 fee earners based in Bucharest.

■ One of the key players acting within the supplier electricity industry in connection with the most reverberating insolvency proceedings in Romania in the last 30 years - the insolvency procedure of one of the largest petrochemical companies in Romania and South-East Europe

■ One of the most important worldwide automotive dealers during complex insolvency procedure, entailing the submission of successive reorganizations plans for the total value of receivable to be reimbursed to the creditors

■ The market leader in debt recovery in CEE and SEE in connection with all relevant insolvency proceedings related to debts recovery

Contacts: Octavian POPESCU

Emails: [email protected]