CMS' Bucharest office houses a team with an excellent reputation in restructuring and insolvency work. The group advises on matters across the CEE region, often handling financial restructurings, corporate insolvency issues, out-of-court restructurings, and insolvency proceedings. The practice is jointly led by the quartet of Ana Radnev and Cristina Reichmann, who are well versed in advising on pre-insolvency issues and non-performing loans; Horia Draghici, who focuses on insolvency disputes; and corporate restructuring expert Rodica Manea.
Testimonials
Collated independently by Legal 500 research team.
‘The multi-disciplinary approach is what sets the CMS restructuring and insolvency team apart. CMS is able to deal with restructuring holistically – advising on all legal areas that pertain to restructuring such as court restructuring, formal insolvency proceedings, corporate matters, employment, commercial contracts, real estate, etc. CMS is also capable of managing region-wide restructuring transactions from Romania (it has English law capability on the ground for both finance and corporate matters). The CMS Romanian restructuring and insolvency team is also fully integrated in the global restructuring practice of CMS and frequently works together with partners in other jurisdictions on cross-border restructurings of regional groups.’
‘Rodica Manea is highly experienced on cross-border restructurings, corporate reorganisations and post-acquisition restructuring projects. I was delighted to work with Rodica, finding her a very good business partner. I would definitely recommend her to any client, being sure that the added value brought by her is worth all the pennies spent. She is business-minded with a clear understanding of the expected commercial goals. Her experience, pro-activeness and diligence are very much valued. Rodica is always a pleasure to work with.'
- 'On the financing part of our project, Alina Tihan made our life easier, coordinating the financing part of the project with a high degree of experience and in the same time in a very calm, reassuring and agreeable manner. She is very quick in response. Her opinions are very well structured. I appreciate very much our relationship.’
‘Excellent pan-European network.’
‘Great experience in dealing with the most challenging projects in the restructuring industry.’
Key clients
- NewCold Coöperatief UA
- B2 Holding ASA
Work highlights
- Advised B2Holding ASA on the Romanian aspects of a pan-European NPL financing and restructuring transaction.
- Advised NewCold Coöperatief UA on the acquisition of Qubiz Group, including a restructuring matter.
Practice head
The lawyer(s) leading their teams.
Ana Radnev, Rodica Manea, Horia Draghici, Cristina Reichmann