The Legal 500

Within Banking, finance and capital markets, tier 4

Kinstellar has significantly strengthened its finance practice with the arrival of Bogdan Bibicu from Bulboaca & Asociatii to head up the team as well as the hire of four new associates. The firm advised RBS in relation to a €100m facility agreement by a consortium composed of RBS, Citibank, ING and Piraeus Bank to International Railways System Group, European leader in the railcar industry. Daniel Torsher is recommended.

Within Corporate and M&A, tier 4

The corporate team at Kinstellar is ‘commercial, proactive and business oriented’ according to clients. The practice acted for RBS Sempra Energy Europe a UK-based commodities trader and joint venture between Sempra Energy, the listed US-based energy services company, and the Royal Bank of Scotland Group Plc, the listed UK-based banking and financial services group, on the Romanian law aspects of its sale to JPMorgan. The global value of the deal was $1.7bn. The firm advised Eureko in relation to the proposed acquisition of one of the leading players in the Romanian healthcare sector. Active clients include Garanti Bank, ENI and Türk Telekom. Daniel Torsher and Razvan Popa are the names to note.

Within Dispute resolution, tier 4

Kinstellar has strengthened its dispute resolution capability with the hire of Remus Codreanu and Iustinian Captariu. The practice acted for RBS Sempra Energy Europe, in relation to a dispute arising from an electricity supply agreement for the Romanian primary aluminium producer Alro Slatina.

Within Energy and natural resources, tier 4

Kinstellar has significantly strengthened its energy practice with the arrival of Stefan Botezatu from Gide Loyrette Nouel. The firm advised ENI in the acquisition of ten petrol stations from MOL in Romania; it is expected to develop its energy practice significantly in the medium term.

Within Real estate, tier 4

Financing is the mainstay of Kinstellar’s real estate practice. The firm advised MKB Bank in relation to the restructuring of several facilities with a total value of €50m for the development of a complex office project. Clients include RBS and Garanti Bank. Bogdan Bibicu heads up the team.