With an excellent track record in handling debt recovery proceedings, bankruptcy procedures and liquidation matters, the restructuring and insolvency practice at Dragne & Asociatii SCA regularly acts for banks, financial institutions, public authorities, corporate debtors and creditors in a range of matters. The group is particularly strong in advising on related court proceedings, as well as complex financial reorganisations. Daniel Cirstea and Gabriel Paraschiv are highly regarded practitioners; the duo have extensive experience in advising on high-profile insolvency proceedings, restructurings, enforcement proceedings and dispute resolution. Cirstea and Paraschiv co-head the practice with Stelian Garofil, Andreia Dumitrescu and Ana-Maria Filip.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The teamwork system is efficient, with each member adding their professional contribution. Good communication with the client and adequate understanding of its needs - finding the best legal solution.’

  • ‘Experienced and dedicated lawyers.’

  • ‘They function as a team, which allows them to fully cover different areas of expertise in front of the courts.’

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Daniel Cirstea specializes in employment law, in bankruptcy and in a broad range of commercial disputes. He has advised on complex restructuring operations, sensitive matters of performance of labour contracts, collective dismissals and claims for compensation. Daniel Cirstea has acted for major companies involved in insolvency and debt restructuring. He regularly provides advice in relation to complex public procurement procedures and represents clients in litigation in this specific field. In addition to trial level work in the foregoing areas, over the 15 years of activity, he has handled numerous cross-border transactions on regulated sectors such as oil & gas.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Gabriel Paraschiv’s practice is focused on insolvency and commercial litigation. He advises on arbitration, cross-border enforcement of arbitral awards and cross-border litigation. He has assisted foreign investors in complex litigation files and insolvency procedures. Gabriel Paraschiv has a wealth of expertise in dealing with distressed companies.

Practice head

The lawyer(s) leading their teams.

Stelian Garofil, Andreia Dumitrescu, Daniel Cirstea, Gabriel Paraschiv, Ana-Maria Filip