Clifford Chance Badea > Bucharest, Romania > Firm Profile
Clifford Chance Badea Offices
EXCELSIOR CENTER
28-30 ACADEMIEI STREET, SECTOR 1
BUCHAREST
Romania
Clifford Chance Badea > The Legal 500 Rankings
Romania > Banking and finance Tier 1
At Clifford Chance Badea, the banking and finance team has an excellent track record in representing major banks and lenders, often in complex cross-border financings, acquisition and project finance, asset finance, banking-related M&A, and financial regulatory matters.Ā The practice is jointly led by the quartet ofĀ Daniel Badea, managing partner of the Bucharest office and a highly regarded expert in banking, corporate finance and project finance matters; Andreea Sisman, who excels in project and real estate finance; banking and fintech expert Cosmin Anghel; and Madalina Rachieru, who focuses on capital markets matters. The āvery well informedā Madalina Mailat is also recommended.Practice head(s):
Daniel Badea; Madalina Rachieru-Postolache; Cosmin Anghel; Andreea Sisman
Other key lawyers:
Testimonials
āThe firm is clearly distinguished by its high standards of professionalism. The lawyers on this team are known for their unmatched competence, outstanding legal skills and their constant commitment to their clients. Working with the firm is a real privilege for anyone who needs legal assistance. This team of lawyers undoubtedly demonstrates excellent teamwork skills and effective coordination. Each team member contributes their experience and expertise, thereby creating a synergistic work environment that optimally serves the interests of clients. In conclusion, Clifford Chance Badea is a law firm that deserves all praise for their outstanding professionalism and exemplary way of working with clients. They consistently demonstrate that they are dedicated to the success of their clients and that they are among the best attorneys in the industry.ā
āMadalina Rachieru is an experienced lawyer with over 20 years of experience, and Madalina Mailat has proven her professionalism, availability for the client and she is very well informed. The exemplary professionalism and collaboration demonstrated by this firm is certainly worthy of praise.ā
āProfessional team, covering all legal areas.ā
āAndreea Sisman and MÄdÄlina Mailat provided us with relevant legal opinions, being always client oriented and professional.ā
Work highlights
- Advising an IFI in Romania on granting municipal loans to one of the largest cities in the country to co-finance energy investments.
- Advising Oscar Downstream on a syndicated multicurrency facility of up to ā¬180m borrowed from Raiffeisen Bank International and Raiffeisen Bank Romania.
Romania > Capital markets Tier 1
Clifford Chance Badea draws on the strength of its international links in order to advise on capital markets matters with Romanian law components, and is well versed in handling significant debt and equity transactions, often with cross-border elements. The department is also well known for assisting clients with market abuse and compliance issues. The practice is jointly led by Madalina Rachieru-Postolache and Daniel Badea; the duo stand out for their ādeep knowledge of the market and industry, and dedication that exceeds expectations', and field expertise in transactional matters. Senior associate Gabriel Toma is singled out for his contributions.Practice head(s):
Daniel Badea; Madalina Rachieru-Postolache
Other key lawyers:
Testimonials
āI have been working with Clifford Chance for a good number of years now on capital markets transactions. The firm delivered outstanding results, going above and beyond in accommodating complex circumstances, under tight deadlines and bringing innovative solutions to otherwise difficult matters.ā
āI had the pleasure of working with Madalina Rachieru-Postalache and Dan Badea, and it was an exceptional experience. The professionalism and knowledge are truly remarkable. From start to finish, they have demonstrated deep knowledge of the market and industry, and dedication that exceeds expectations. They always show a high level of responsiveness, innovative spirit and practical approach.ā
āThe team stands out distinctly in the industry, thanks to a harmonious blend of individual specializations that complement each other, ensuring a holistic approach to client needs. Collaboration is at the heart of their operations, fostering a seamless synergy both internally and with clients. They are the best in Romania for finance and capital markets.ā
āIn the realm of legal expertise, certain individuals truly distinguish themselves from the crowd, and my experience with Madalina Rachieru and Gabriel Toma at Clifford Chance Badea is a testament to this. Madalinaās hands-on approach ensures that every detail is meticulously addressed, and her profound market knowledge provides invaluable insights that are hard to find elsewhere. On the other hand, Gabriel Tomaās unwavering commitment to the tasks at hand and his excellence in execution have consistently delivered outstanding results. Both of them, in their unique capacities, bring qualities that are not just commendable but also rare in the industry. Their combined expertise, dedication, and personal touch set them leagues apart from competitors.ā
Key clients
Citigroup Global Markets Europe AG
Erste Bank Group
Jefferies
Morgan Stanley
NEPI Rockcastle
OMV Petrom
Raiffeisen Bank International
UniCredit Bank
Work highlights
- Advising a syndicate of 14 banks on Fondul Proprietateaās sale of its stake in Hidroelectrica and listing of Hidroelectrica on the Bucharest Stock Exchange.
- Advised Citigroup Global Markets Europe AG and Raiffeisen Bank International on the establishment of the ā¬600m MTN Programme and initial RON650m drawdown under the programme by CEC Bank.
- Assisting an energy distribution group with operations in Romania and Republic of Moldova with preparations for its envisaged 144A IPO and listing on the Bucharest Stock Exchange.
Romania > Commercial, corporate and M&A Tier 2
Clifford Chance Badea's corporate and commercial practice in Bucharest acts as a key Eastern European hub for cross-border matters, including major transactions, corporate governance and restructurings. Enel and Mondelez are a couple of international heavyweight clients for the firm, looking to the department for advice on Romanian legal aspects of large deals. Loredana RaleaĀ andĀ Nadia Badea co-head the practice; Ralea is well versed in assisting entities in the consumer goods, financial services and energy sectors, while founding partner Badea represents private equity, real estate, pharmaceutical and healthcare companies. Eleonora Udroiu and Lavinia Dinoci are also recommended.Practice head(s):
Nadia Badea; Loredana Ralea
Other key lawyers:
Eleonora Udroiu; Ecaterina Burlacu; Lavinia Dinoci; Andrei Caloian; Radu Costin
Testimonials
āIndustry and business knowledge, people, availability, identifying practical solutions to legal questions and issues.ā
āWe have worked intensely in the past years with the Clifford Chance team, relying on their expertise and skills for corporate, contracts, competition, employment. I would recommend each of them to any business in our industry and not only having the confidence that they are great professionals, and the result of the work will achieve and even exceed the expectations of their client.ā
āClifford Change Badea represents a real elite presence on the legal services market and is recognized for the exceptional quality of the services it offers. When it comes to large and complex projects, Clifford Change Badea is a reliable partner.ā
Key clients
Enel Green Power Romania
Enel SPA
Mondelez
Actis
PayU
Enery
JC Flowers
Work highlights
- Assisted Enel Group with the sale of all participations in its group subsidiaries in Romania to Greek company Public Power Corporation.
- Advised Actis on its joint venture with Low Carbon for the development of two renewable energy projects in Romania.
- Assisted Actis and its CEE platform Rezolv Energy with the acquisition from Monsson of a Romanian company developing a solar project.
Romania > Dispute resolution Tier 2
Clifford Chance Badea's Bucharest-based team is frequently instructed in major cross-border disputes with prominent Romanian law aspects. Financial services, energy, real estate and construction, telecoms, and pharmaceuticals are key sector strengths for the group. Simona NeaguĀ heads up the practice, and is lauded as 'a real expert in the field of litigation and dispute resolution.' Managing partner Daniel Badea is well regarded for his expertise in litigation. Sabina Crangasu is a name to note.Practice head(s):
Simona Neagu
Other key lawyers:
Testimonials
āWe have worked intensely in the past years with the Clifford Chance Badea team, relying on their expertise and skills for corporate, contracts, competition, employment. I would recommend each of them to any business in our industry and not only having the confidence that they are great professionals, and the result of the work will achieve and even exceed the expectations of their client.ā
āWe have deep admiration and respect for Simona Neagu, a real expert in the field of litigation and dispute resolution. She is not only an exceptional lawyer, but also a model of professionalism and competence in this field. Her considerable experience and knowledge of litigation and dispute resolution is truly impressive. Another aspect that distinguishes Simona Neagu is her approach oriented towards the peaceful resolution of disputes. More than that, she is known for her deep dedication to clients. She is always willing to listen carefully to their needs and concerns and to provide well-founded legal advice oriented towards obtaining the best possible results.ā
āSimona Neagu is a go-to lawyer with a wealth of experience and a commercial approach to any legal matters.ā
āSabina Crangasu is a rising star in the litigation team who is always happy to go the extra mile to find solutions.ā
āI consider that they display a high quality of services, professionalism, readiness in finding the optimal solutions.ā
āStrong relationship with the client, inclined to listen to any proposal, working with professionalism.ā
Key clients
Nokia Corporation
CSL Behring
Orange Romania
SwedBank
eMag
Unicredit Bank
Banque Cramer
WWTAI AIROPCO II
BRD ā Groupe SociĆ©tĆ© GĆ©nĆ©rale
Tekfen Construction
Strabag
Asirom ā Vienna Insurance Group
Azvi
Sonae Sierra
AEW Europe SĆ rl Group
Impact Developer
Work highlights
- Successfully represented Orange Romania in an antitrust lawsuit and obtained the annulment of a ā¬14m fine issued by the Romanian competition authority.
- Represented Nokia in administrative litigation against the Romanian Government in relation to the latterās refusal to grant Nokia a licence for supplying technology for 5G networks.
Romania > Energy and natural resources Tier 3
Clifford Chance Badeaās project and energy team is praised for its āgreat knowledge and market perspectiveā. It combines M&A, financing, litigation, regulatory and project finance expertise to support a number of high-profile renewable energy clients. Practice co-heads Nadia Badea and Loredana Ralea are geared to handle strategic M&A work in the energy sector. Fellow co-head Daniel Badea's strategic insight is a boon for energy clients. Andreea Sisman completes the leadership team and, along withĀ Madalina Rachieru-Postolache,Ā is a key contact for financing matters.Practice head(s):
Nadia Badea; Daniel Badea; Andreea Sisman; Loredana Ralea
Other key lawyers:
Madalina Rachieru-Postalache
Testimonials
āA strong team, with great knowledge and market perspective.ā
āAndreea Sisman is very efficient and adaptable to the type of project and type of client. ā
āThe firm delivered outstanding results, going above and beyond in accommodating complex circumstances, under tight deadlines and bringing innovative solutions to otherwise difficult matters.ā
āI had the pleasure of working with Madalina Rachieru-Postalache and Daniel Badea, and it was an exceptional experience. The professionalism and knowledge are truly remarkable. From start to finish, they have demonstrated deep knowledge of the market and industry and dedication that exceeds expectations.ā
Key clients
Actis
Rezolv Energy
Enel Group
Banca Comerciala Romana / Erste Group Bank AG
Enel Green Power Romania
OMV Petrom
MET Group
Work highlights
- Provided assistance to Enel Group on the sale of all participations in its group subsidiaries in Romania to the Greek company Public Power Corporation S.A. (āPPCā).
- Advised Actis in relation to its JV with Low Carbon for the development of two renewable energy projects in Romania with an estimated installed capacity of around 1,000 MW.
Romania > Real estate and construction Tier 3
Clifford Chance Badeaās real estate offering leverages the firmās international connections and multi-disciplinary team to support both local and international investor clients in both their transactional and advisory matters. Expertise within the team spans structuring, acquisition, debt and finance. Founding partner and corporate M&A practice head Nadia Badea leads the team and has experience assisting major private equity firms and real estate funds with their cross-border real estate transactions. Adriana-Lavinia Dinoci is also recommended, while Andreea SismanĀ is a key name in infrastructure and construction projects.Practice head(s):
Nadia Badea
Other key lawyers:
Andreea Sisman; Lavinia Dinoci; Radu Costin
Testimonials
āResponsiveness, market knowledge and pragmatic approachā
Ā
Key clients
Abris Capital Partners
Banca Comerciala Romana
Erste Group Bank
Actis
Rezolv Energy
Exigent Property Investment
Clifford Chance Badea > Firm Profile
The firm: Clifford Chance is one of the worldās pre-eminent law firms, with significant depth and range of resources across five continents. As a single, fully integrated, global partnership, it prides itself on its approachable, collegial and team-based way of working. The firm always strives to exceed the expectations of its clients, which include corporates from all the commercial and industrial sectors, governments, regulators, trade bodies and not-for-profit organisations. It provides them with the highest quality advice and legal insight, which combines the firmās global standards with in-depth local expertise.
Types of work undertaken
Capital markets: the capital markets practice concentrates on securities transactions and other products sold into the capital markets. The practice is founded on a full-service US and UK securities law capability, complemented by local securities law expertise in each of the key financial centres. It provides practical, integrated legal advice covering the full spectrum of global capital raising activities including public and private domestic and international offerings of traditional debt and equity securities as well as convertible and other derivative and structured securities.
Corporate: the corporate practice handles some of the worldās largest and most complex M&A transactions. It combines global transaction capability with a full service of English, US and civil law expertise in the key financial centres across Europe, the Americas and Asia Pacific. In addition to mainstream M&A, the firm also encompasses leading specialist practices in: commercial contracts, competition and antitrust, communications, energy, healthcare, financial institutions, funds, investment banking, insurance, media and technology, and private equity.
Finance: Clifford Chanceās finance practice is the leading international finance practice of any law firm. The practice provides highly commercial and practical advice across the full spectrum of financial products including syndicated lending and leveraged and acquisition finance, asset finance, derivative products, project finance, financial regulatory, insolvency, restructuring and structured finance.
Litigation, dispute resolution and risk management: the firm has experience in virtually all segments of the business and financial markets across multiple jurisdictions. The lawyers work with clients to resolve disputes efficiently and effectively ā whether through arbitration, litigation or other techniques.
Real estate: Clifford Chanceās leading real estate practice offers UK, European, Asian and US real estate capability. The practice advises the real estate industryās leading players on the entire property ālife-cycleā from the initial acquisition, development, leasing, joint venturing and financing through to the final exit, as well as tax structuring, PFI/PPP, corporate outsourcing, planning, environment and litigation.
Tax, pensions, employment and incentives: Clifford Chance has one of the worldās largest international tax groups within a single law firm. The firm is uniquely placed to provide leading edge advice to clients, and the practice is structured on an integrated global basis. Local tax groups within the practice work closely with areas such as securitisation, securities, M&A, corporate restructuring, private equity, real estate and funds.
The pan-European VAT group advises on all areas of VAT and has particular strength advising on novel and complex issues in the structured finance, financial services, corporate finance and real estate sectors.
The team of experienced employment, employee benefits, ERISA, immigration and pensions specialists work with clients from a wide range of sectors to address local and cross-border issues.
International offices:Abu Dhabi, Amsterdam, Bangkok, Barcelona, Beijing, Brussels, Bucharest, Casablanca, Dubai, DĆ¼sseldorf, Frankfurt, Hong Kong, Istanbul, Jakarta*, London, Luxembourg, Madrid, Milan, Moscow, Munich, New York, Paris, Perth, Prague, Rome, SĆ£o Paulo, Seoul, Shanghai, Singapore, Sydney, Tokyo, Warsaw, Washington, D.C., Riyadh**
*Linda Widyati & Partners in association with Clifford Chance
**Clifford Chance has a co-operation agreement with Abuhimed Alsheikh Alhagbani Law Firm in Riyadh
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
Daniel Badea | Daniel Badea has experience in Romanian and international finance transactions including securities,… | View Profile |
Staff Figures
Number of partners : 550 Number of other fee-earners : 3,300Legal Briefings
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