Commended for its ‘deep industry knowledge, responsiveness, and dedication’, the restructuring and insolvency group at CMS’ Bucharest office excels in CEE-spanning financial restructurings, and corporate insolvency issues. For pre-insolvency issues and work relating to non-performing loans, both Ana Radnev and Cristina Reichmann are names to note. They co-lead the group along with Horia Draghici, who focuses on insolvency disputes; and corporate restructuring expert Rodica Manea. Both Alina Tihan and Andrei Cristescu are also regularly part of counsel teams.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The insolvency team is renowned for its skill in navigating complex restructuring and insolvency matters. Their strengths include tailored, practical advice, a strong track record in cross-border cases, and exceptional collaboration with stakeholders. Clients appreciate their innovative approach to problem-solving, diverse team perspectives, and flexible billing, ensuring efficient, client-centric solutions.’

  • ‘The insolvency team stands out for their deep industry knowledge, responsiveness, and dedication to finding practical solutions. The partners we work with, excel in managing complex cross-border cases with strategic foresight, while associates bring meticulous attention to detail and proactive communication. Their collaborative approach and client-first mindset consistently outperform competitors.’

Key clients

  • Alior Bank

Work highlights

  • Advised Alior Bank S.A. in connection with the sale of a portfolio of approximately 4,000 retail clients, to Romanian bank Patria Bank S.A.

Practice head

The lawyer(s) leading their teams.

Ana Radnev, Rodica Manea, Horia Draghici, Cristina Reichmann

Other key lawyers

Alina Tihan, Andrei Cristescu