Firm Profile > Dragne & Asociatii SCA > Bucharest, Romania
Dragne & Asociatii SCA Offices
55 KISELEFF ROAD
VILLA 6, 1ST DISTRICT
Dragne & Asociatii SCA > The Legal 500 Rankings
Dispute resolution Tier 1
Dragne & Asociaţii SCA handles a broad range of proceedings including commercial disputes, administrative law, criminal law, enforcement, public procurement and arbitration. The six-partner team is headed by Ion Dragne and is currently assisting Deutsche Bahn Cargo Romania in relation to an alleged breach of obligations arising from a rail freight transport agreement. In another highlight, the team successfully represented a company engaged in the wholesale and retail of pharmaceuticals and cosmetics in a series of disputes regarding the misconduct of several healthcare authorities. Stelian Garofil is an expert in corporate recovery and commercial litigation and Ioana Oprea and Andreia Oana Dumitrescu have respective expertise in large-scale construction projects and privatisation disputes.
Restructuring and insolvency Tier 1
Dragne & Asociaţii SCA handles debt recovery, bankruptcy and liquidation matters, representing a client base consisting of banks and financial institutions in addition to corporate debtors and creditors. Joint practice heads Stelian Garofil, Andreia Dumitrescu and Daniel Cirstea are the names to note. Cirstea formed part of a team representing a Greek bank's London branch in insolvency proceedings against several debtors; Dumitrescu acted for creditor Sind Tour Trading in several insolvency proceedings.
Banking and finance Tier 4
Dragne & Asociaţii SCA acts on a wide spectrum of transactions including restructuring and refinancing. Stelian Garofil is recommended for debt restructuring while Andreia Oana Dumitrescu and Daniel Cirstea are respectively strong in the enforcement of loan arrangements and project finance. Clients include commercial and investment banks as well as various non-financial institutions.
Real estate and construction Tier 4
Dragne & Asociaţii SCA is ‘well connected, businesslike, responsive and available’. Ioana Oprea is a ‘skilled litigator’ and heads the practice jointly with Delia Bosman and Andreia Dumitrescu. The recent workload features construction projects, disputes and lease extension matters.
Dragne & Asociatii SCA > Firm Profile
Dragne & Asociatii was founded in 2010 and has rapidly grown to become one of the most trustworthy law firms in Romania. With 33 lawyers, Dragne & Asociatii is a full-service law firm renowned for its vast expertise in the dispute resolution area, commercial litigation, domestic and international arbitration. Ion Dragne, the law firm’s managing partner, is one of most experienced and respected litigators in Romania. The law firm has a growing international clientele, among which are various commercial banks, investment funds, and foreign investors in a wide range of industries.
Due to the numerous cross-border projects in which Dragne & Asociatii has been involved, the firm has developed strong links with European and US law firms. The team is co-ordinated by six equity partners and includes former judges, university teachers and dedicated young practitioners.
Areas of practice
Dragne & Asociatii works across eight areas of practice: litigation and arbitration, restructuring and insolvency, tax, corporate and commercial, M&A, intellectual property, competition and antitrust, real estate and construction, employment, and banking and finance.
The firm is one of the few in Romania with experience in international commercial arbitration, investment arbitration and high-profile cross-border dispute resolution. It has advised, and continues to advise, two individual foreign investors and their companies in ICSID arbitrations against the republic of Romania, one of which is being awarded damages of more than $250 million. Dragne & Asociatii also handles numerous litigation and arbitration files for state-owned companies and private companies.
The firm is highly experienced in dealing with complex transactions, general corporate issues, joint ventures, mergers and acquisitions, etc.
It has also co-ordinated various multimillion-euro restructuring and insolvency projects, both for debtors and creditors, especially in the real estate and telecommunication sectors.
In the field of real estate and construction, the law firm assisted multinational multimillion-euro companies investing in Romanian plots of land and commercial centres. The work ranges from due diligence to sale-purchase contracts, lease agreements and FIDIC contracts.
The firm covers all sorts of tax matters in transactions and proficiently advises its clients in day-to-day relationships or disputes with the tax authorities.
In the employment field, the law firm has assisted numerous multinational companies with advice on sensitive matters of termination of executives’ contracts, collective dismissals and claims for compensation.
The banking and finance department has worked for many of the commercial banks in Romania and insurance companies in relation to various regulatory matters, enforcement of securities or negotiation of major financing contracts.
Dragne & Asociatii is one of the few law firms appointed by the Romanian Competition Council to advise it in relation to the investigation and compliance procedure of one of the biggest telecommunication and internet providers in Romania.
|Litigation and arbitration||Ion Dragne|
|Litigation and arbitration||Andreia Dumitrescu|
|Litigation and arbitration||Stelian Garofil|
|Litigation and arbitration||Daniel Cirstea|
|Litigation and arbitration||Ioana Oprea|
|Litigation and arbitration||Delia Bosman|
|Litigation and arbitration||Gabriel Paraschiv|
|Litigation and arbitration||Bogdan Toma|
|Litigation and arbitration||Mihai Costea|
|Litigation and arbitration||Zoe Lungu|
|Litigation and arbitration||Catalin Barbu|
|Litigation and arbitration||Bogdan Iordache|
|Real estate and construction||Delia Bosman|
|Real estate and construction||Ioana Oprea|
|Real estate and construction||Bogdan Toma|
|Real estate and construction||Camelia Floca|
|Corporate and commercial/M&A||Stelian Garofil|
|Corporate and commercial/M&A||Ion Dragne|
|Corporate and commercial/M&A||Daniel Cirstea|
|Corporate and commercial/M&A||Zoe Lungu|
|Corporate and commercial/M&A||Camelia Floca|
|Corporate and commercial/M&A||Ana Maria Filip|
|IP, competition and antitrust||Stelian Garofil|
|IP, competition and antitrust||Andreia Dumitrescu|
|IP, competition and antitrust||Ioana Oprea|
|IP, competition and antitrust||Camelia Floca|
|Banking and finance||Andreia Dumitrescu|
|Banking and finance||Daniel Cirstea|
|Banking and finance||Mihai Costea|
|Banking and finance||Camelia Floca|
|Banking and finance||Bogdan Iordache|
|Restructuring and insolvency||Stelian Garofil|
|Restructuring and insolvency||Daniel Cirstea|
|Restructuring and insolvency||Andreia Dumitrescu|
|Restructuring and insolvency||Gabriel Paraschiv|
|Restructuring and insolvency||Mihai Costea|
|Restructuring and insolvency||Ana Maria Filip|
Staff FiguresNumber of lawyers : 33
LanguagesEnglish French German Italian Romanian
OtherContacts : Ion Dragne (email@example.com) Contacts : Stelian Garofil (firstname.lastname@example.org) Contacts : Delia Bosman (email@example.com) Contacts : Andreia Dumitrescu (firstname.lastname@example.org) Contacts : Daniel Cirstea (email@example.com) Contacts : Ioana Oprea (firstname.lastname@example.org)
CLIENT: LUMINITA TUDOSIE
COMPANY/FIRM: ALPHA BANK ROMANIA
TESTIMONIAL: Dragne & Asociatii is one of the most professional team lawyers who plays on the Romanian market. The special attention given to its clients is at the heart of their work. The team understands perfectly the clients values and invests heavily to ensure that clients benefit from their formidable knowledge and banking market insights. Our collaboration with Dragne & Asociatii is fundamental to our success.
CLIENT: >MIRCEA CIUTA
COMPANY/FIRM: BNP PARIBAS PERSONAL FINANCE SA PARIS
TESTIMONIAL: We work with Dragne & Asociatii on a daily basis and we can state that they are a truly-professional partner with an incredibly business-oriented perspective. Its lawyers are truly reliable professionals who are able to revert to us with the best solutions and answers in a fast and prompt manner.
Moreover, they are not only looking at the legal aspects of any issues, but also do their best to understand and challenge the implications of any advice that we request from them.
CLIENT: DIANA NEGRU
COMPANY/FIRM: ADEPLAST SA
TESTIMONIAL: Being the undisputed leader of the Romanian building materials market for finishing and thermal insulation and generating annual sales of over 92 million, AdePlast SA elected to be legally advised by an exceptional law firm. The theoretical knowledge as well as the experience of Dragne & Asociatii in applying the law have matched our requirements.
In relations with Dragne & Asociatii, the entire team of lawyers – both partners and collaborators – have demonstrated full promptitude and professional dedication in providing advice to us.
CLIENT: EMANUELA MERER
COMPANY/FIRM: MOL Romania
TESTIMONIAL: We have selected Dragne si Asociatii to provide Mol Romania with legal advise on criminal matters. Their legal advice on the criminal sensitive matters entrusted is highly appreciated both for the avail of the solutions identified and the prompt response to our companys needs. Stelian Garofil is an excellent professional with strong knowledge in the criminal field.
CLIENT: IOANA ARON
COMPANY/FIRM: EUROPEAN DRINKS
TESTIMONIAL: Dragne & Asociatii SCA provides excellent services and is always available to offer it expert opinion from its extensive experience, in order to serve its clients interest well. For our group of companies Dragne & Asociatii SCA provides legal services in various matters, including dispute and resolution, corporate, taxation and other domains which are interesting our day to day activity. Also we want to mention the efficient and responsive advice offered by Dragne si Asociatii in and international arbitration with a value of EUR 2 billion. We would like to emphasize Mr. Stelian Garofils very wise, deep and comprehensive professional advises in very sensitive matters for our group of companies.
Ion Dragne, Managing Partner
What do you see as the main points that differentiate Dragne & Asociatii from your competitors?
The legal profession is in the middle of a continuous change. In the past, “having a good knowledge of the law” was maybe the sole or at least the most important condition for lawyers to provide good quality legal services.
This no longer suffices nowadays. Today, the lawyer must hold other skills among which some business fluency and a good understanding of the market in which the clients activate. Dragne & Asociatii is renewed not only for its lawyers’ very good knowledge of law but, also, for these being very open and proactive, able to find the small differences that can change the course of the litigation, as some of our clients have declared.
Also, being highly specialized in all sort of dispute resolution matters, be it in litigation or in arbitration, in fields like restructuring and insolvency, exequatur and enforcement proceedings, corporate fights, labor disputes or white collar crime, we have clients from all over the country or around the world. Even if there are other law firms that appears to practice in the same areas of law, this “hyper specialization” differentiate our practice from the competitors. In fact, this reputation proved to be one of the most powerful advantage.
Which practices do you see growing in the next 12 months? What are the drivers behind that?
Complex litigation and arbitration is a hot filed right now as multi-million disputes have arisen from large construction contracts or various real estate investments. Also, the ailing economy determined more business to seek legal help in restructuring their assets or liquidate their debts. This will promote a growth also in the banking and finance sector as restructuring of debts and finding solutions for various financial instruments would become a need also outside an insolvency procedure.
What’s the main change you’ve made in the firm that will benefit clients?
Few lines above, I was explaining the concept of “hyper specialization”. I would not necessary call this as “a change” made in our law firm but, for sure, we have insisted on augmenting the benefit of it on behalf of our clients.
The quality gains that “hyper specialization” makes possible are visible in our work for clients. If one would consider how much time is spending on tasks that do not draw on his or her specific expertise will understand more easily the benefits of the concept. The lawyers having the particular knowledge may engage in activities that could be carry on better and in a cost efficient manner.
Is technology changing the way you interact with your clients, and the services you can provide them?
Understanding technology’s application and how this may impact on the delivery of legal services is a key for every successful lawyer. Legal services are not and I do not think they will be managed solely by robots in the future.
Technology helps us understand complex technical cases at the level of details, it helps us “translate” into the language of judges or arbitrators sophisticated factual or technical matters or help us collate an enormous amount of information. You may not be in need to “master” a very specialized technical field, but, as long as the technology helps you organize information and make another person specialized in the legal field understand your case, this is a great result.
Also, specific software facilitate the awarding of contracts in the public sector, others enhance contract management, while other make legal research be a much easier job even when looking into millions of similar cases.
Clients have expectation of increased speed, ability to communicate and transact via mobile devices. They may be spread out around the world and the law firms must understand the important role of technology when rendering legal services because everyone wants rapid results.
Can you give us a practical example of how you have helped a client to add value to their business?
To understand the meaning of value to your clients, you must first put yourself in their shoes. A good way to increase value is simply to increase the speed you deliver the legal services. Usually, a client who did not realize that needed legal advice or service until today, now wants it yesterday. Sometimes, it is, indeed, a direct correlation between speed and the added value you are offering to clients.
The rule “the faster the better” has been proven crucial in the business of some of our clients. For example, when making claims for money time is of essence. The court system can be slow and complex, so it is a great satisfaction when, due to our fast and quality work, the clients manage to obtain interim or conservatory measures or avoid foreclosure until the file is finally solved in court or arbitration.
Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?
Turning customers into clients implies stability. For most law firms, one of the secrets to success is to turn customers into clients. It is definitely easier to keep an existing customer than to find a new one. The existing customers already know us and our work and in our turn, we know their business. Using this knowledge we may be able to turn them into loyal clients.
I see Dragne & Asociatii in the near future as a law firm that will be permanently ready to adapt to a rapidly shifting world. Our flexibility and good expertise would make us adapt quickly and accommodate rapidly changing client needs.