The Legal 500

DLA Piper Dinu SCA

METROPOLIS CENTER, 89-97 GRIGORE ALEZANDRESCU STR., EAST WING, 1ST FLOOR, 010624 BUCHAREST 1, ROMANIA
Tel:
Work +40 372 155 800
Fax:
Fax +40 372 155 810
Web:
www.dlapiper.com
Email:

What we say about the firm's legal practice in Romania

Banking, finance and capital markets

Within Banking, finance and capital markets, tier 4

DLA Piper Dinu SCA continues to develop its banking and finance practice in Romania; the firm is strong in project finance for the energy sector and real estate finance matters. The firm advised Unicredit Bank Austria on the refinancing and restructuring of several facilities amounting to more than €150m granted to various large Austrian developers which are active in the Romanian real estate market. Sabin Volciuc-Ionescu is recommended.

Corporate and M&A

Within Corporate and M&A, DLA Piper LLP is a third tier firm,

Energy work is a key strength of the corporate team at DLA Piper Dinu SCA. The firm is advising Petrom in relation to the acquisition of a wind farm in Romania marking the company’s entrance into the renewable energy sector. In the FMCG space, the practice advised Kraft Foods on the sale of Cadbury’s Kandia-Excelent chocolate, soft cake and sugar confectionery business in Romania in the context of the back-to-back sales of two Cadbury businesses, one in Poland and one in Romania. Clients include Johnson & Johnson, Astra Zeneca, PCC and Unilever. Managing partner Marian Dinu is highly respected by clients and peers alike.

Energy and natural resources

Within Energy and natural resources, DLA Piper LLP is a third tier firm,

DLA Piper Dinu SCA has a full service energy practice with expertise across oil and gas and renewables work. Romania’s largest company Petrom is an important client. The practice advised Petrom on the acquisition of a wind-powered electricity generation project with a capacity of 45MW in Romania. It advised the same client on the €300m financing, raised partially from EBRD, as part of the company’s overall strategic environmental investment programme. Managing partner Marian Dinu is highly regarded by clients and peers.

Real estate

Within Real estate, tier 4

Clients are impressed with the ‘results-oriented’ team at DLA Piper Dinu SCA. Real estate finance is an area of expertise. The practice is advising Nova Imobiliare, the developer of The Colosseum, the largest retail park in Eastern Europe, on the lease agreements for the project. Colosseum is one of the only two large-scale retail projects announced for 2010. Practice leader Alin Buftea is recommended.


What we say worldwide

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Legal Developments by:
DLA Piper LLP

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.

    - DLA Piper UK LLP

Legal Developments in Romania

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