Senior Associate, specialising in Banking & Finance.
The Bucharest office of Wolf Theiss fields a team with robust experience in restructuring and insolvency matters. Key areas of instruction for the group include insolvency litigation, administration procedures and matters pertaining to the personal liability of directors. Ileana Glodeanu heads up the practice, in which Andreea Zvâc, Cornelia Postelnicu, Smaranda Văcaru and litigation expert Ligia Popescu are key practitioners.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team is very smart, proactive and provides commercial and solution oriented advice.’
‘Cornelia Postelnicu is very knowledgeable and client focused, definitely a rising star in the restructuring space.'
‘Very well-experienced team with great expertise for creditors, as well as debtors, on complex restructurings and formal insolvencies.’
‘Cornelia Postelnicu is an experienced lawyer with an excellent ability to provide comprehensive legal advice in complex corporate restructuring involving multiple jurisdictions. She is attentive, operates at an intensively high level and covers all aspects of the corporate restructuring mandates.’
‘Well experienced team, involved in many big ticket restructuring processes and insolvency mandates on the market.’
‘Cornelia Postelnicu in particular was very innovative and commercial in her approach, she provides comprehensive advice in complex restructurings.’
‘Wolf Theiss' restructuring and insolvency team has significant experience, being known for its continuity, out of the box ideas, as well as assisting the client in any necessary phase during a restructuring/reorganization process. The team is known for collaborating with other firms, while being focused on the client`s interest and maintaining their integrity.’
‘Cornelia Postelnicu stands out by always being available and willing to provide assistance. She has proven each time that she is client oriented, being able to foresee issues that may arise during the restructuring process, to propose and to implement measures for their successful prevention.’
Key clients
- DenizBank
- Energreen Investment Europe S.A.
- GE Jenbacher
- Jade Power Trust
- JUNIK SHPK GROUP S.R.L.
- KNORR-BREMSE GmbH
- Land Power SRL
- Toros-Agroport Romania SA
Work highlights
- Advising Energreen and its Romanian subsidiaries on a €32 million claim made by a third party.
- Assisting GE JENBACHER GMBH & CO OG with the insolvency of a major energy provider based in Brasov County.
- Acting for DenizBank A.Ş. in the insolvency proceedings of Kirazoglu Corporation S.R.L.
Lawyers
Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Counsel, specialising in Corporate M&A, Energy & Natural Resources and Restructuring & Insolvency.
Practice head
The lawyer(s) leading their teams.
Ileana Glodeanu