What we say about the firm's legal practice in Romania
Banking, finance and capital markets
Within Banking, finance and capital markets, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP is a first tier firm,
Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP’s ‘strong’ team is ‘extremely helpful and reliable’. It advised the European Bank for Reconstruction and Development (EBRD) on various matters including the €188m financing of two Romanian wind farm operators. It also advised Deutsche Bank on the restructuring of a €593m credit facility granted to a major Spanish company. Victor Padurari is ‘a brilliant lawyer’.
Corporate and M&A
Within Corporate and M&A, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP is a second tier firm,
Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP’s ‘very dedicated lawyers’ provide ‘bright legal solutions’ and ‘commercially oriented advice’. The group advised KBC Securities and KBC Securities Romania on the €100m sale of EBRD’s shareholdings in BRD – Société Générale on the Bucharest Stock Exchange. It also acted for Advent International on its acquisition of a majority stake in Centrul Medical Unirea, a leading chain of medical clinics. Managing partner Costin Taracila is ‘an excellent negotiator’, and Mihai Ristici is also recommended.
Dispute resolution
Within Dispute resolution, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP is a third tier firm,
Cristian Gavrila now leads Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP’s practice after joining from Voicu & Filipescu SCA. The team represented MKB Romexterra Bank in a dispute with DEGI Millenium Towers over fire damage to an office building. This team of ‘dedicated lawyers’ is praised for its ‘commercially driven approach’.
Energy and natural resources
Within Energy and natural resources, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP is a third tier firm,
Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP advised EBRD on the €188m financing of two Romanian wind farm operators. It also advised Banca IMI on the proposed refinancing of a wind farm. This ‘experienced’ team includes Costin Taracila and Victor Padurari, who are recommended.
IT, telecoms and media
Within IT, telecoms and media, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP is a second tier firm,
Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP advised AECOM Technology on its acquisition of Inocsa Ingenieria. Other clients include Raiffeisen Informatik, Truvo Services & Technology and Swisscom.
Legal market overview
Within Legal market overview,
Historically, firms such as Nestor Nestor Diculescu Kingston Petersen, Musat & Asociatii and Tuca Zbarcea & Asociatii have dominated the market, but these are now being challenged by firms including Peli Filip, Popovici Nitu & Asociatii, Voicu & Filipescu SCA, and Kinstellar, as well as Eversheds Lina & Guia, which is the result of recent tie-up between Eversheds LLP and Lina & Guia SCA. Other international firms such as CMS Cameron McKenna SCA, Clifford Chance Badea, Gide Loyrette Nouel, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP and Salans are also a strong presence.
Public private partnership and procurement
Within Public private partnership and procurement, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP is a first tier firm,
‘Absolutely outstanding in terms of responsiveness and quality’, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP’s team has substantial PFI experience and recently advised the European Bank for Reconstruction and Development (EBRD) on a $180m financing to Alro and a €188m financing of two Romanian wind operators controlled by EDP Renováveis. Victor Padurari is recommended.
Real estate
Within Real estate, Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP is a third tier firm,
Radu Taracila Padurari Retevoescu SCA in association with Allen & Overy LLP advised Banca Comerciala Romana on the construction agreement for the refurbishment of its headquarters in Bucharest and advised Eurobank Properties REIC on the management of its Romanian real estate portfolio. Mihai Ristici and Victor Padurari are recommended.