The Legal 500

Within Banking, finance and capital markets, tier 4

bpv Grigorescu Stefanica’s recent work includes acting as local counsel on a €200m transaction, involving movable securities and senior and mezzanine facility agreements. It also advised VMB Partners and Timisoara Muncipality on the loan and financing conditions of a historic monuments rehabilitation programme. Managing partner Catalin Grigorescu heads the practice, and is recommended along with Alexandru Rusu and Anca Grigorescu.

Within Corporate and M&A, tier 4

bpv Grigorescu Stefanica’s ‘top-quality’ team advised Key Petroleum on the acquisition of Zeta Petroleum. It also acted on the reorganisation of subsidiaries and business units for the Romanian subsidiary of E.ON. Alexandru Rusu heads the practice.

Within Dispute resolution, tier 4

Liz Minea and Daniel Stefanica co-head bpv Grigorescu Stefanica’s ‘experienced’ litigation and arbitration team, which always provides ‘careful analysis’. It represented Siemens in arbitration with the Ministry of Finance, and acted for Bucharest City Hall in several matters.

Within Energy and natural resources, tier 4

bpv Grigorescu Stefanica advised Key Petroleum on its acquisition of Zeta Petroleum. The ‘very experienced’ and ‘reliable’ Anca Parascan heads the team.

Within IT, telecoms and media, bpv Grigorescu Stefanica is a second tier firm,

bpv Grigorescu Stefanica advised longstanding client Siemens on the reorganisation of four production facilities in Romania. It also handled MediaCafe Interactive’s acquisition of a stake in a local company operating online TV channels and video platforms. Alexandru Rusu heads the practice.

Within Legal market overview,

2011 seemed relatively quiet after various law firm spin-offs over the past few years. Notable changes were the merger between bpv Grigorescu and Stefanica & Florea to form bpv Grigorescu Stefanica; and J&A Garrigues SLP – Sediu Permanent closing down in Romania.

Within Public private partnership and procurement, bpv Grigorescu Stefanica is a third tier firm,

bpv Grigorescu Stefanica’s accessible team advised Grup Feroviar Român on procurements matters and is advising Termoelectrica on several ongoing PPP projects. Anca Parascan is ‘an excellent negotiator’.

Within Real estate, tier 4

bpv Grigorescu Stefanica’s real estate group has ‘excellent industry knowledge’. It recently advised on the development of a €20m steel processing plant and acted for the Soravia Group regarding the management of the Metropolis Center, an office, retail and hotel complex. ‘Excellent communicator’ Anca Parascan heads the department.