Practice Area
When financial stress hits, the right advice changes the outcome.
Financial distress creates urgent decisions with long-lasting consequences. The weeks immediately following the first signs of difficulty are often the most critical — and the most mishandled. Early intervention, a clear assessment of the options, and decisive action before positions harden are what separate a controlled restructuring from a chaotic insolvency. We advise debtors, creditors, administrators, and distressed asset acquirers across the full spectrum: from early-stage advisory and pre-insolvency workouts through concordat preventiv proceedings, formal insolvency under Law 85/2014, creditor recovery strategies, and distressed M&A.
We represent all stakeholders — debtors seeking to survive, creditors seeking recovery, investors seeking opportunity. This breadth means we understand every side of the table. In distressed situations, that perspective is not just useful — it is decisive.
Full-spectrum restructuring and insolvency services for all stakeholders in a distressed situation.
Early-stage advisory for companies facing financial difficulty — assessing options, managing stakeholder relationships, and identifying the restructuring path most likely to preserve value.
Advising on and implementing concordat preventiv proceedings — Romania's pre-insolvency restructuring mechanism — including creditor negotiations, plan preparation, and court approval.
Representing debtors, creditors, and practitioners in judicial reorganization (reorganizare judiciară) and bankruptcy (faliment) proceedings under Law 85/2014.
Advising secured and unsecured creditors on claims registration, committee participation, plan voting, and enforcement of security interests in insolvency.
Legal support for acquisitions of distressed businesses and assets — including insolvency sale processes, pre-pack acquisitions, and court-supervised asset disposals.
Negotiating and documenting out-of-court restructuring arrangements — standstill agreements, debt rescheduling, security modifications, and stakeholder consensus-building.
Pursuing and defending insolvency litigation — including avoidance actions (acțiuni în anulare), director liability claims, and disputes over asset ownership in insolvency.
Assisting creditors and administrators in tracing and recovering assets dissipated before or during insolvency proceedings — including cross-border asset recovery and enforcement.
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