Stan Tîrnoveanu

Practice Focus

Stan Tirnoveanu is Senior Partner with Zamfirescu Racoti Vasile & Partners Attorneys at Law. He leads the Restructuring & Insolvency practice as well as the Banking Litigation practice, being one of the most reputed lawyers in Romania in the area of liquidation and reorganization in the banking system.

Tirnoveanu, with over 30 years’ experience as a lawyer and over 20 years’ experience as an insolvency practitioner, has broad expertise in representing clients in insolvency and bankruptcy, debt recovery and dispute resolution, bringing clients a unique insight into these areas. He ensures legal assistance and representation for both creditors and debtors in the insolvency procedure. His professional advantage is given by his solid knowledge of the banking system and procedures, for which he is recognized by clients and peers, combined with his insolvency practitioner skills, area in which he is valued for his fine strategic vision and excellent performances.

Tirnoveanu has been involved in the legislative process of the New Insolvency Code, being one of the members of the Legal Commission of the Chamber of Deputies that has worked on the new law. He has also published a significant number of articles in legal publications on the amendments of the new law.

His outstanding reputation in insolvency and restructuring is recognized by Chambers & Partners, which ranked him first in all its editions as “one of the best with respect to insolvency procedure cases.”

His banking practice covers the wide array of financing and funding transactions, trade finance facilities, collaterals system and credit securities issues.

Stan Tirnoveanu is a member of the European Association for Banking and Finance Law, Romania Branch and deputy editor of the Banking and Finance Law Magazine.

Stan Tirnoveanu delivers work at the highest standard and never fails to impress us.

(Chambers and Partners | 2019)

One of the pillars of insolvency law

(Chambers and Partners | 2018)

He is involved, gets to know all details of the file. He is highly knowledgeable and a tireless worker. He is regarded as a go-to lawyer for insolvency proceedings, and a top-class litigator.

(Chambers and Partners | 2016)

He’s the first name that comes to mind for this type of work. I trust his knowledge.

(Chambers and Partners | 2014)

Skilled and hard-working department head Stan Tirnoveanu is a top choice for restructuring and insolvency work.

(Chambers and Partners | 2013)

Sources agree that department head Stan Tîrnoveanu is one of the best with respect to insolvency procedure cases. Clients view his background in the banking industry as a real plus.

(Chambers and Partners | 2011)

Stan Tirnoveanu is highly regarded by interviewees for his work on insolvency matters, with commentators describing him as “a legend in the field of insolvency.”

(Chambers and Partners ǀ 2020)

Stan Tirnoveanu has a superb reputation as an insolvency litigator.

(Legal 500 EMEA ǀ 2020)

Stan Tirnoveanu is one of the best professionals in the market, combining exquisite ethics, professionalism and flexibility.

(Legal 500 EMEA ǀ 2020)

Main Areas of Expertise

Restructuring & Insolvency
Enforcement & Debt Recovery
Banking & Finance
Dispute Resolution
Fiscal Litigation
Real Estate Litigation

Accolades

Included in international rankings since 2011 :

Ranked in Restructuring & Insolvency, Band 1
(Chambers and Partners | since 2011)
Leading Individual in Restructuring & Insolvency
(Legal 500 EMEA | since 2015)
Leading Individual, Dispute Resolution
(Legal 500 | since 2007 – 2015)
Recognized in Banking & Finance Law, Insolvency and Reorganization Law
(Best Lawyers ǀ since 2016)

Education

Banking Security Interests Course, Romanian Banking Institute, Bucharest | 1996
Post-graduate course in civil and commercial law, Faculty of Law, University of Bucharest | 1993
BA in Civil Law (magna cum laudae), Faculty of Law, University of Bucharest | 1992
BA in Law (magna cum laudae), Faculty of Law, Economic and Administrative Section, University of Bucharest | 1985 (diploma equivalent to BA in Economic Studies)

Professional Associations & Memberships

The National Association of Romanian Bars
International Bar Association
National Union of Romanian Insolvency Practitioners / Vice President
INSOL Europe
European Association for Banking and Finance Law (Founding Member)

Publications

Global Practice Guide: Insolvency, Romania Chapter
Chambers and Partners | 2016 – 2020
Restructuring & Insolvency Country Comparative Guide, Romania Chapter
The Legal 500 | 2018 – 2019
Corporate Recovery & Insolvency, Romania Chapter
ICLG | 2018
“Practical Insolvency Treaty”
INPPI, Hamangiu | 2014