One Move Ahead

Restructuring & Insolvency

Overview

Our team has a wealth of experience acting for stakeholders involved in corporate restructurings or experiencing financial stress. We advise a wide range of companies on the full spectrum of insolvency matters and represent an extensive client base of Romanian and global banks in financial restructuring and reorganization work, implementing sustainable solutions and managing thus the diversity of stakeholder expectations from start to finish. Our clients include key financial institutions, corporate debtors in various industries, investors and other parties involved when a company is in financial difficulty.

One interviewee praises the breadth of the team: ‘The team has a good distribution of tasks among its specialized lawyers, who are able to handle large mandates and are thus suitable for proceedings of any scale’

(Chambers and Partners | 2019)

Sources applaud the group’s ‘reliability and creativity’.

(Chambers and Partners | 2019)

“The solutions provided by the team are very accurate,” adding: “The lawyers go above and beyond to do whatever is necessary.”

(Chambers and Partners ǀ 2020)

Clients highlight the availability of the partners and the quality of the work, concluding: “It is one of the best local law firms”.

(Chambers and Partners ǀ 2020)

A firm with deep knowledge of the insolvency field, with legal solutions tailored to make the life of their clients easier and with a very competitive price versus value delivered ratio.

(The Legal 500 | 2020)

The lawyers work closely with the client to craft proper legal solutions according to our business objectives, in all our complex insolvency cases. They help us with the adoption and implementation of the most effective solutions and sophisticated strategies.

(The Legal 500 | 2020)

They are the best litigators in Romania in insolvency; with a very good understanding of commercial restructuring matters combined with excellent litigators skills.

(The Legal 500 | 2020)

Banking and corporate issues often arise within insolvency procedures, which often require legal advice and knowledge from other specialized departments of the law firm. Using a holistic approach, we draw on multidisciplinary skills to provide advice on all aspects of restructuring and insolvency, as well as critical tax, employment and corporate issues. We work closely with our colleagues in these related areas to find creative and effective solutions for our clients.

Bolstering the firm’s reputation as a leader in the field, our lawyers have extensive experience with a wide array of insolvency and restructuring issues, and ability to handle matters with contentious aspects, having been involved in some of the largest and most high-profile insolvency cases in Romania.

  • Capital restructuring
  • Complex loan restructurings
  • Dispute resolution and litigation
  • Distressed corporate finance
  • Financial institutions, funds and creditor representation
  • Financial modelling, financial restructuring and reorganization
  • Insolvency representation
  • Lender liability
  • Mergers & acquisitions
  • Recovery of receivables
  • Refinancing
  • Sovereign debt and bank restructuring

Examples of our work include:

  • Granting legal assistance in an ICSID investment arbitration which had as centerpiece one of the most striking insolvencies of the largest energy producer in Romania, Hidroelectrica, the value of the matter being over EUR 400 million;
  • Obtaining a unique judicial precedent due to the reinterpretation of the legal provisions on reorganization in insolvency proceedings, in a case of over EUR 65 million, where ZRVP represented a consortium of foreign and national major banks;
  • Providing legal assistance and representation of one of the largest banking and financial services group in Cyprus in insolvency proceedings against over 45 debtors for the recovery of receivables amounting up to EUR 112 million;
  • Representing banks ranked among the top 5 banks in Romania in credit restructuring operations involving insolvency aspects in matters of over EUR 50 million;
  • Successfully granting legal assistance in a case of over EUR 11 million built on a complex legal structure which involved a Danish entity which granted a supplier credit to a Romanian company specialized in forestry, biomass and renewable energy.

Chambers Europe, Romania: Restructuring / Insolvency
Chambers and Partners | 2020
Chambers Europe, Romania: Restructuring / Insolvency
Chambers and Partners | 2019
Legal 500 EMEA, Romania: Restructuring and Insolvency
The Legal 500 | 2019

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SECURITY ALERT: FRAUDULENT MESSAGES in the Name of ZAMFIRESCU RACOTI VASILE & PARTNERS Attorneys at Law

On December 9, 2024, we became aware of a campaign involving fraudulent messages sent in the name of ZAMFIRESCU RACOTI VASILE & PARTNERS, claiming to address alleged copyright infringement notifications.

These messages are being sent from the following email addresses: leibelibna@gmail.com , lipomamarante19@gmail.com , lilafrancais733@gmail.com , shimahatake9@gmail.com , which DO NOT BELONG to ZAMFIRESCU RACOTI VASILE & PARTNERS.

We would like to inform you that any such messages are false, are fraudulently sent in the name of ZAMFIRESCU RACOȚI VASILE & PARTNERS and are intended to mislead recipients.

We strongly recommend the following actions:

  1. Ignore and delete the messages without any interaction.
  2. Do not click on any links or download any attachments, as they may contain harmful or malicious content.

We want to assure you that ZAMFIRESCU RACOȚI VASILE & PARTNERS has implemented all necessary measures to secure our electronic communications. To prevent incidents that may compromise personal data or other sensitive information, we also recommend activating spam message detection settings on your company’s email servers.

Kind regards,

ZRVP Team

 

#######

 

ALERTĂ DE SECURITATE: MESAJE FALSE în numele SCA ZAMFIRESCU RACOTI VASILE &PARTNERS

În data de 09.12.2024 am fost informați despre faptul că există o campanie de mesaje false transmise în numele ZAMFIRESCU RACOTI VASILE & PARTNERS având ca obiect o pretinsă notificare de încălcare a drepturilor de autor.

Mesajele sunt transmise de pe următoarele adrese de email leibelibna@gmail.com , lipomamarante19@gmail.com, lilafrancais733@gmail.com, shimahatake9@gmail.com care NU aparțin ZAMFIRESCU RACOTI VASILE & PARTNERS.

Dorim să vă informăm că orice astfel de mesaje sunt  false, sunt transmise în mod fraudulos în numele ZAMFIRESCU RACOȚI VASILE & PARTNERS și au scopul de a induce în eroare destinatarii.

Recomandăm cu insistență următoarele:

  1. Ignorați și ștergeți mesajele respective fără a interacționa cu acestea.
  2. Nu accesați linkurile sau fișierele atașate, deoarece acestea pot conține elemente dăunătoare sau compromise.

Dorim să vă asigurăm că ZAMFIRESCU RACOȚI VASILE & PARTNERS a implementat toate măsurile necesare pentru securitatea comunicațiilor noastre electronice. Pentru a preveni astfel de incidente care pot pune în pericol securitatea datelor cu caracter personal precum și alte date și informații sensibile, vă recomandăm de asemenea activarea setărilor de identificare a mesajelor de tip spam pe serverele de e-mail aparținând companiei.

Mulțumim,

Echipa ZRVP