Zamfirescu Racoți Vasile & Partners Attorneys At Law

Restructuring/Insolvency Department

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Our team has a wealth of experience acting for stakeholders involved in corporate restructurings or experiencing financial stress. We advise a wide range of companies on the full spectrum of insolvency matters and represent an extensive client base of Romanian and global banks in financial restructuring and reorganization work. Our clients include key financial institutions, corporate debtors in various industries, investors and other parties involved when a company is in financial difficulty.

Using a holistic approach, we draw on multidisciplinary skills to provide advice on all aspects of restructuring and insolvency, banking, as well as critical tax, employment and corporate issues. We work closely with our colleagues in these related areas to find creative and effective solutions for our clients.

Bolstering the firm’s reputation as a leader in the field, our lawyers have extensive experience with a wide array of insolvency and restructuring issues, and ability to handle matters with contentious aspects, having been involved in some of the largest and most high-profile insolvency cases in Romania.

Areas of Work:

  • Capital restructuring
  • Complex loan restructurings
  • Dispute resolution and litigation
  • Distressed corporate finance
  • Financial institutions, funds and creditor representation
  • Financial modelling, financial restructuring and reorganization
  • Insolvency representation
  • Lender liability
  • Mergers & acquisitions
  • Recovery of receivables
  • Refinancing
  • Sovereign debt and bank restructuring


Tirnoveanu, Stan (Head of Department)