Prominent national and international companies, commercial banks and public institutions are among those that look to Popescu & Asociatii's restructuring and insolvency team for advice on high-profile contentious matters. Insolvency disputes are a standout strength and in Octavian Popescu the practice has one of the best regarded disputes practitioners. He co-heads the practice with senior business lawyer Gheorghe Buta, ‘invaluable professional’ Nicoleta Tandareanu, and energy and natural resources expert Dana BivolStefan Baiculescu is a further name to note, praised by clients for his ’dedication to restructuring’.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Popescu & Asociatii's restructuring and insolvency team is exceptional due to their comprehensive legal expertise and unwavering dedication to client success. Their reputation is well-deserved as they consistently demonstrated their abilities to navigate complex legal challenges.’

  • ‘Working with Gheorghe Buta who has unmatched experience, an impressive academic background and a strategic vision, is a privilege.'

  • 'Octavian Popescu is a true expert. His experience and strategic thinking set him apart in the Romanian legal market.'
  • 'Nicoleta Tandareanu's experience, dedication, and a keen eye for detail make her an invaluable professional to work with.'
  • 'Stefan Baiculescu's energy and dedication to restructuring make him a talented team member. His proactive approach to problem-solving makes him a valued lawyer.'
  • ‘The restructuring and insolvency practice stands out for its deep expertise in handling complex financial restructurings and insolvency proceedings, as well as for strategic approach. What sets the team apart I believe is their comprehensive understanding of both the legal and commercial dimensions of restructuring, combined with a focus on client which ensures practical and sustainable solutions for businesses facing financial difficulties.’

  • ‘Stefan Baiculescu’s expertise in insolvency law as well as dispute resolution, corporate and PPP projects enables him to offer comprehensive advice that spans multiple legal domains. I believe this makes him particularly effective in cases when businesses need to restructure operations while maintaining core activities.’

Key clients

  • Rotary Constructii
  • Foraj
  • European Drinks International
  • Electrica Furnizare
  • Mega Image
  • First Bank
  • METLEN Energy & Metals (former Mytilineos Holding)
  • Atlantic Motors
  • IT Performance & Technology
  • Balkan Geda Cement
  • European Drinks & Food Group
  • Multimarketing Company

Work highlights

  • Advising Rotary Constructii on litigations formed in Rotary’s insolvency proceeding, concerning a debt claimed by the Bucharest City Hall based on the alleged non-execution of a FIDIC Contract.
  • Advissing Foraj on insolvency and asset recovery procedures.
  • Representing Balkan Geda Cement during the insolvency proceedings of one of Romania´s oldest suppliers of biodiesel.

Practice head

The lawyer(s) leading their teams.

Octavian Popescu, Dana Bivol, Gheorghe Buta, Nicoleta Tandareanu

Other key lawyers

Stefan Baiculescu