Managing Partner: Sabin Volciuc-Ionescu
Number of partners: 3
Number of lawyers: 12
Languages: English, Romanian
Founded as a spin-off of several teams of lawyers led by the heads of the energy, finance and projects teams of a global law firm, Volciuc-Ionescu is an independent Romanian law firm that strives for excellence and guarantees fast and flexible specialised services, recommended as a leading firm by the international legal directories. The firm’s main objectives are to build long-term working relationships with clients (traditionally, financial institutions, global corporations and local champions from key sectors of Romania) and to offer a high quality and effectiveness, by focusing on understanding the clients’ needs, sharing relevant expertise, international exposure and commercial awareness, providing customised and innovative services, ensuring partner involvement and delivering efficiency and predictability of costs.
Main Areas of Practice:
Banking & Finance:
The outstanding international banking and finance practice advises both lenders and borrowers in all areas of financial services, such as corporate finance, project finance, acquisition finance, real estate finance, derivatives and regulatory. In addition to assisting global corporations and local champions on their financings, Volciuc-Ionescu works for all top five banking groups with a presence in Romania (either the international and/or the Romanian licensed bank) as well as for several multilateral developments banks and international financial groups.
The firm offers a full range of equity and debt capital markets services and the expertise of the capital markets team covers from simple (plain vanilla) offerings to sophisticated structured equity and debt products and regulatory advice. The capital markets specialists advise issuers, offerors, global coordinators, underwriters and placement banks and enjoy excellent working relationships with the Romanian capital markets regulators — the Romanian Financial Supervisory Authority, the Bucharest Stock Exchange and the Central Depository.
With market leading capability on public and private M&As, joint ventures, restructurings and privatisations and corporate governance, Volciuc-Ionescu brings together vast international experience and excellent local knowledge. The firm’s domestic and cross-border M&A expertise, coupled with deep rooted understanding of various sectors (energy, infrastructure, financial services, TMT, healthcare, consumer goods and retail, real estate, manufacturing and logistics), enables it to provide sophisticated advice of the highest standards on all types of deals and for all sides.
Energy & Natural Resources:
Volciuc-Ionescu’s energy practice has market leading expertise across the full value chain: oil and gas (upstream, midstream, downstream), power and renewables (generation, transmission, distribution, grid infrastructure, trading and supply, carbon emissions trading, renewable support systems) and mining. With true sector specialism and an in-depth understanding of the country specific issues and global trends, the team has been involved in many of the complex, first of their kind and innovative projects in the market, offering advice at the highest international standard.
Projects & Infrastructure:
Volciuc-Ionescu’s strong projects team assist developers, investors, public entities, contractors and lenders throughout the life cycle of major projects – from the feasibility stage and the authorisation process to the project structuring and financing, the construction and O&M, and, in the long run, the refinancing and/ or the divestment. With a comprehensive understanding of the political and commercial challenges, we advise in implementing complex projects and PPPs in many industries, including energy, transport, social infrastructure, real estate, IT, automotive, production and logistics.
The real estate practice has been involved in many high profile real estate transactions — land, retail/ shopping centres, office and residential buildings, industrial/logistic parks, agricultural and animal farms — assisting developers, investors, financiers and other key stakeholders to structure, acquire, develop, finance and implement real estate projects and manage their investments. The typical work ranges from transactional matters (acquisitions, financings and construction arrangements) to due diligence exercises and legal memoranda.
Restructuring & Insolvency:
The restructuring and insolvency team knows the ins and outs of the formal insolvency proceedings, but can also help clients prior to the opening of a formal procedure with a view to optimising results by providing restructuring and reorganisation strategy advice, debt restructuring and enhancing security packages, advising on all formal insolvency procedures and office holders’ conduct and regulation, debt recovery options and strategy as well as representing before all entities involved in the insolvency proceedings.
State Aid & Competition:
The competition team at Volciuc-Ionescu has comprehensive experience in advising clients in the full spectrum of both EU and Romanian competition matters, with an established track record of dealing with merger control filings and investigations conducted by the Romanian Competition Council as well as of advising clients on a variety of issues which range from day to day business (distribution and other vertical arrangements) to complex business arrangements (cooperation and joint ventures agreements).
Technology & Data Privacy:
Volciuc-Ionescu’s technology team, made-up of a group of dedicated lawyers across various practices, advises both technology suppliers (ranging from start-ups to global brands) and clients in all technology-related transactions, projects (including outsourcing), contracts, IP and regulatory matters, including data protection, security, cyber and privacy related issues, from the implications of EU legislation to international data transfers to day-to-day compliance issues and dealing with the Romanian Data Protection Agency.