Corporate & Insolvency

Our firm was born and has grown on the back of our first-class corporate expertise. We have one of the most prominent corporate practices on the market that deals with complex cases of corporate governance, corporate restructuring and reorganisation, and mergers and demergers, as well as insolvency and bankruptcy.

Our clients are mainly large and medium-sized local and international groups who value our ability to add a tax law angle onto every piece of corporate legal advice. In most of our corporate projects, we combine legal and tax advice, and our clients appreciate receiving proposals from us for structures that consider not only the legal, but also the tax aspects of a transaction.

The team at bpv Grigorescu Ştefănică “provides a very business-oriented service and is highly responsive.” The Legal 500 EMEA, 2018

Interviewees are especially enamoured by the firm’s “business savvy, pragmatism and solution-oriented approach.” Chambers and Partners, Europe, 2018

Clients also attest: “We feel very confident in them; they deliver quickly and go straight to the important stuff.” Chambers and Partners, Europe, 2018


Alongside corporate restructuring, another feature and capability of our corporate practice has for a long time been insolvency advice. We have been involved on either the creditor or debtor side in some of the most high-profile insolvency proceedings of recent years.

Some of our corporate partners have qualifications as insolvency administrators, and our ability is further enhanced by our integrated insolvency administration entity, FRACTAL Insolvency, which was set up in response to a growing need for insolvency practitioners to be able to handle complex procedures and to meet the expectations of sophisticated local and international creditors.

Corporate

  • Advising an international food processing group on the reorganisation of their Romanian holdings, the transfer of activities, and setting-up of a shared services function
  • Advising a major integrated services company on group reorganisation, tax optimisation and corporate financing
  • Advising a global industrial and technology group in relation to the restructuring, merging and demerging of local subsidiaries, as well as corporate governance issues
  • Advising a global digital technology and cybersecurity group on several reorganisations of their Romanian shareholding and internal restructuring
  • Advising the global shared-services unit of an energy group in connection with the reorganization of subsidiaries and business units, as well as in relation to scenarios for setting up a Societas Europea
  • Advising a global business-processes outsourcing company in connection with the setting-up of local operations and outsourcing activities, together with corporate governance and taxation
  • Advising a leading construction materials manufacturer on its national and regional group reorganisation
  • Advising a global credit insurance company in establishment of local operations
  • Advising a financial-services group on setting up operations based on passporting provisions and subsequent acquisitions
  • Advising a global energy group in connection with structuring and corporate governance issues arising from a proposed joint-venture between several power producers for the development of a large power-generation unit
  • Advising a specialized bank on regulatory and compliance issues arising from their establishment in Romania
  • Advising a European automotive group in connection with the setting-up, development and operation of several production facilities in Romania
  • Advising a European food group in relation to disputes with shareholders in local joint-venture subsidiaries

Insolvency

  • Advising a global supplier of electro-mechanical systems and services for hydro-power plants, in the insolvency procedure of the largest Romanian hydro-power producer
  • Advising a football and sports club in their filing for insolvency and in related disputes
  • Advising a financial institution and the appointed insolvency administrator in relation to the bankruptcy of a residential development company
  • Advising a global specialist in the area of mobile broadband in insolvency proceedings against a major contractor for a Schengen border-control project
  • Advising a copper-mining company and its appointed insolvency administrator on various procedures for the sale of assets to an international investor
  • Advising an international metals-trading company in relation to insolvency proceedings against privatized company
  • Advising an international steel-producer in relation to the insolvency of its general contractor
  • Advising the creditors of one of the largest local media groups in the matter of insolvency proceedings and the approval of their reorganization plan
  • Representing of a seed-processing and -trading company in the insolvency of contractual partners and the enforcement of retention rights and security
  • Advising an international construction group in relation to the insolvency of subcontractors and suppliers for road infrastructure works