A major Romanian State-owned company, whose main activity is passenger air transport, throughout the insolvency proceedings. The mandate, in relation to the insolvency proceedings, is to implement the Reorganisation Plan in order to preserve a company of national strategic interest and to settle the claims of its creditors, which amount to over EUR 400 million.

The largest Romanian company specialized in construction of hydropower stations and dams, with a tradition in this field of over 75 years, currently in insolvency. The mandate consists mainly in developing a reorganization plan aimed at successfully reintegrating the company and paying off its debts amounting to approximately EUR 100 million.

One of the largest local construction companies, during the bankruptcy procedure with a total amount of creditor’s receivables requested during the procedure amounting to EUR 100 million.

Romania’s largest heating system administrator, in a high-profile high-value dispute filed by Electrocentrale Bucureşti S.A. (ELCEN) against the Municipality of Bucharest. ELCEN, as principal creditor, requests that the Municipality of Bucharest be held liable for the entirety of the Client’s statement of affairs, worth more than EUR 850 million.

The Romanian subsidiary of the largest French manufacturer in the pharmaceutical field, in the insolvency procedure of two important Romanian distributors of pharmaceutical products. Our mandate in both procedures includes drafting the receivables claims, representing the client before the syndic judge and creditors’ meetings, writing and defending appeals regarding the registration of debts in the list of debts. The global debts requested by all the creditors amount to approximately EUR 63 million in the case one distributor, respectively EUR 58 million in the case of the other distributor.

The Romanian Government and the Ministry of Communication and Information Technology, in connection with a complex restructuring process involving the Romanian national post company, as a first step towards its privatization to a strategic investor.

A leading real estate investment group, during the insolvency procedures initiated against debtors, arising from the infringement of a FIDIC construction agreement, with aggregate claims of approx. EUR 21 million.

A major construction company with investment objectives of national importance in the field of civil, social, municipal and industrial construction in connection with the development and implementation of a comprehensive business restructuring plan during insolvency proceedings.

A leading Romanian company in the field of hydropower and hydrotechnical construction, in developing a reorganization plan aimed at successfully reintegrating the company and paying off its debts amounting to approximately EUR 300 million.

One of the largest Romanian companies operating in the field of electrical network maintenance both in the framework of the judicial reorganization procedure and in the stage of the bankruptcy procedure, namely the preparation of the restructuring strategy and the drafting of the reorganization plan, the establishment of the asset liquidation strategy, the completion with success of the collective dismissal procedure.

An important company active in the field of electricity transport and distribution, with the aim of covering as much as possible of the total accepted receivables, amounting to over RON 14 million.

A successful real estate development company from the north-east of Romania, on the implementation of an innovative strategy in the field of insolvency at the national level, which allowed the company to pay off its entire debt during the observation period.

One of the largest national construction companies in all stages of the insolvency procedure, in order to pay off a liability that amounts to around EUR 100 million.

A major company in the hotel and HORECA field, on the successful implementation of a reorganization plan that allowed the reinsertion into the economic circuit of the respective company.