CEE/CIS - Romania
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Restructuring and insolvency

Nestor Nestor Diculescu Kingston Petersen

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Nestor Nestor Diculescu Kingston Petersen's restructuring and insolvency team 'stands out in the local market'. On the contentious side, the 'tactically and strategically brilliant' Emil Bivolaru, dispute resolution specialist Sorina Olaru, and Marius Ezer handle a wide range of disputes in the space, while Alina Radu and Valentin Voinescu are key names for non-contentious matters. Key areas of instruction include debt restructurings, insolvency proceedings and non-performing loan portfolios. Senior partners Manuela Nestor and Ana Diculescu-Sova jointly head up the practice.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘NNDKP’s restructuring and insolvency team stands out in the local market. Their strong expertise and outstanding commitment to preparing the most effective strategy and achieving the best outcome for the client are valuable assets of the firm. Also, they have been very responsive and prompt in clarifying any legal matters of concern to us, throughout our collaboration. It has been a pleasure to work with them.’

  • ‘Our excellent collaboration with Emil Bivolaru goes back a long way. He is a first-rate advisor and a hands-on partner for restructuring and insolvency. His practical approach and his ability to provide comprehensive and tailored solutions in critical situations enabled us to successfully navigate the intricacies of corporate restructuring and insolvency. He has been of tremendous help to us, and I have full confidence in his legal expertise.’

  • ‘Their ability to find solutions when things get complicated, and their excellent level of service make them stand out in the litigation services market. They are very well-prepared to manage high-stakes cases and can distribute the right resources to oversee the legal matters entrusted to them, forming highly effective cross-disciplinary teams when needed. I also appreciate that fact that they keep us in the loop every step of the way, making sure we are up to date with the latest case developments. This makes it so much easier to collaborate with them and helps us have a clear idea of where we stand and what we can expect going forward.’

  • ‘Emil Bivolaru is an excellent litigator with an impressive commitment to strong performance. He is tactically and strategically brilliant and very good at zeroing in on the key aspects that can tilt the balance in the client’s favour. On top of that, he has fantastic project management skills. Our collaboration with him has always been smooth and effortless. I highly recommend him for any type of litigation work.’

Key clients

  • Euroins Romania Asigurare-Reasigurare SA
  • BRD Group Societe Generale
  • Arlynn Limited
  • Peris SA
  • MTU Maintenance Lease Services BV
  • Electrocentrale Constanta
  • OMV Petrom SA
  • Altex Romania SA
  • Huincas Limited (part of Argo Capital Group)

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Emil Bivolaru
Emil Bivolaru is a Partner in the Dispute Resolution practice at NNDKP. Emil has more than 23 years of highly dynamic and successful litigation activity, representing clients in court and before the Arbitration Court in a variety of legal areas, including tax, restructuring, banking and finance, civil. He is recognized for his outstanding ability to manage complex restitution claims for properties confiscated under the communist regime, civil implications of white-collar fraud, major commercial litigation and bankruptcy matters.
Ana Diculescu-Sova
Ana Diculescu-Sova is a Senior Partner heading NNDKP’s Dispute Resolution Department. Her practice covers a wide array of complex matters in civil, commercial, competition and fiscal law. Her undisputed litigation expertise is recognized both at local and international level by clients, competitors and most renowned international legal guides. For over 40 years, Mrs. Diculescu-Sova has successfully represented clients in virtually all major court cases in Romania. She has been formally acknowledged as one of Romania’s best litigators by the entire business community, winning the “Best Lawyer” Award at a prestigious national gala.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Marius Ezer
Marius Ezer is a Partner in the Dispute Resolution Department at NNDKP. He has more than 18 years of professional experience with focus on complex insolvency proceedings, creditor rights and asset recovery, as well as complex tax disputes. In addition, Marius assists clients in disputes related to corporate reorganization, labor litigation, disputes related to loan facilities for real estate development projects or enforcement of lease agreements or disputes involving contractual relations governed by FIDIC rules.

Practice head

The lawyer(s) leading their teams.

Manuela Nestor, Ana Diculescu-Sova

Other key lawyers

Emil Bivolaru, Sorina Olaru, Marius Ezer, Valentin Voinescu

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