Radu Tărăcilă Pădurari Retevoescu SCA

Managing Partner: Costin Tărăcilă (Tel:+40314057782, Email: [email protected])

Partners:

Victor Pădurari (Tel: +40314057783, Email: [email protected])

Alexandru Retevoescu (Tel: +40314057784, Email: [email protected])

Mihai Ristici (Tel: +40314057785, Email: [email protected])

Valentin Berea (Tel: +40314057780, Email: [email protected])

Roxana Ionescu (Tel: +40314057777, Email: [email protected])

Alina Stăvaru (Tel: +40314057777, Email: [email protected])

Cosmin Tilea (Tel: +40314057777, Email: [email protected])

Number of partners: 8

Number of other fee-earners: 35

Firm Overview :

Radu Taracila Padurari Retevoescu SCA (RTPR) is a leading Romanian law firm providing advice to major companies, financial institutions and entrepreneurs on the full range of legal issues and on their most challenging legal transactions and assignments. The firm offers clients a strong team which delivers a first-class service, providing pragmatic and commercially-oriented advice. The breadth and depth of the firm’s practice and its ability to offer a seamless, market-leading expertise gained us recognition at local and international level. In recent years the firm has advised clients in landmark transactions in Romania and in the region.

Main Areas of Practice

Antitrust / Competition:

• Successfully represented Tymbark Maspex in an antitrust litigation for the annulment of the fine imposed by the Competition Council in a high profile investigation on the food retail market
• Groupama Asigurari in a complex antitrust investigation concerning a potential exchange of commercially sensitive information among the insurance companies in Romania
• Electrica in court proceedings in the first ‘facilitator’ case in Romania to date in which the client was fined EUR2.3 million for allegedly facilitating a cartel between its meters suppliers

Contact: Valentin Berea, Roxana Ionescu

Banking & Finance:

• Banca de Export Import a României (Eximbank) as the coordinating mandated lead arranger, and a syndicate of banks on the maturity extension of revolving facilities and modification of the syndicate structure under a secured term and multicurrency revolving facilities agreement granted to Alro, as borrower, as well as in relation to related security
• BNP Paribas, Crédit Agricole CIB, Credit Suisse, HSBC, Société Générale and UniCredit acting as Underwriters, Mandated Lead Arrangers and Bookrunners, Société Générale and Komerční banka acting as facility agent and security agent, respectively on the EUR1.150 billion financing of the CME acquisition, a media group which also includes ProTV, by PPF Group
• The syndicate of banks made up of ING Bank N.V. through ING Bank N.V. Amsterdam – Bucharest Branch, Banca Comerciala Romana, Raiffeisen Bank and UniCredit Bank in relation to an extended credit facility in amount of USD360 million granted to KMG International group for covering the regular needs in the group activity

Contact: Alexandru Retevoescu, Victor Padurari

Capital Markets:

• Barclays Bank PLC as arranger for Alpha Bank Romania on the first mortgage bonds issue programme in Romania with a value of EUR1 billion
• UniCredit Leasing Corporation IFN SA on the EUR300 million bond financing
• Autonom Services, the most important independent player on the operational leasing and rent-a-car markets in Romania, on the first corporate bond offer programme established by a local issuer and respectively, on the private placement of the first tranche of corporate bonds issued under the offer programme through which Autonom attracted over EUR48 million funds

Contact: Mihai Ristici, Victor Padurari

Corporate & M&A:

• MidEuropa Partners on the EUR1.3 billion sale of Profi, in the largest transaction in the retail sector ever concluded in Romania
• Macquarie Infrastructure and Real Assets (MIRA) on the acquisition of a portfolio of power assets owned by CEZ Group in Romania, the largest M&A transaction in Romania in the previous 12 years
• Intesa Sanpaolo Bank on the signing of the acquisition of First Bank from the American private investment fund J.C. Flowers

Contact: Costin Taracila, Mihai Ristici, Alina Stavaru

Employment:

• One of the biggest employers in Romania on a group reorganisation, one of the biggest restructuring processes in the country, involving transfer of business arrangements, consultations and negotiations with trade unions, preparation of collective dismissals for hundreds of employees, handling challenges by various employees of the restructuring process, data protection, IP, corporate and real estate matters etc.
• Worldpay on the employment implications (including transfer of employees) of their build, operate and transfer venture with Endava for the development of a software development centre in Romania

Contact: Alina Stavaru

Energy:

• ENGIE Romania on the acquisition of an operational wind farm with a capacity of 80MW
• Macquarie Asset Management (MAM) on the sale of CEZ Vanzare to Premier Energy PLC, owned by the Czech private equity fund, Emma Capital
• Macquarie Infrastructure and Real Assets (MIRA) on the attempted acquisition of a majority stake in the Romanian businesses of Enel, including its large portfolio of renewable (wind and solar) energy production facilities in Romania

Contact: Victor Padurari

Intellectual Property:

• Successfully represented the most important Hollywood studios, including Paramount, Sony Pictures, Twentieth Century Fox, Universal, Walt Disney Studios and Warner Bros., in the first site blocking case which has ever been tried in CEE, by suing internet service providers with the aim of blocking pirate movies websites
• British American Tobacco on a patent infringement case in relation to electronic cigarettes
• Deroni Ltd., a large international food products producer, in a series of IP disputes for the protection of its trademark ‘Deroni’ in Romania against an important competitor

Contact: Lucian Mihai, Valentin Berea

Litigation, Arbitration & Alternative Dispute Resolution:

• Successfully represented Electrica in a EUR800 million litigation case against the Romanian Management Company for Ownership in Energy (SAPE) for alleged breaches of the post-privatisation monitoring obligations regarding former distribution subsidiaries of Electrica
• Successfully represented SDEE Transilvania Nord (Electrica group) in front of the Bucharest Court of Appeal in a high profile dispute initiated by RCS-RDS, the largest Romanian telecom services provider, that intended to enter the electricity distribution market and was hence challenging through a series of high stakes administrative cases our client’s electricity distribution natural monopoly
• Successfully represented RBS Bank in an ICC arbitration held in Vienna, in relation to a contractual dispute

Contact: Valentin Berea, Lucian Mihai

Real Estate:

• Oresa on the acquisition of logistics and industrial park Solo Iasi from Tester Group
• Prime Kapital on the sale of a real estate portfolio consisting of nine retail centres to MAS Real Estate
• ING Tech, the global software development hub of the ING group, on the lease of a 13,000 sqm office space for its new headquarters

Contact: Alexandru Retevoescu

Restructuring & Insolvency:

• Trenkwalder in relation to the financial distress underwent by the Romanian subsidiary and the alternatives available to the company in order to address such financial distress
• Banca Comerciala Romana in the complex acquisition financing by Somaco Antrepriza (owned by Swedish investment fund Oresa Ventures), of the business of Europrefabricate (a company in insolvency). The matter involved complex issues combining the financing, acquisition and insolvency areas.

Contact: Alexandru Retevoescu