Firm / Organisation

Zamfirescu Racoți Vasile & Partners

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This content is provided by Zamfirescu Racoți Vasile & Partners.

Managing Partner: Cosmin Vasile
Number of partners: 9
Number of lawyers: 53
Languages: English, French, Romanian

Firm Overview:
One of Romania’s top law firms, Zamfirescu Racoţi & Partners Attorneys at Law (ZRP) stands as a provider of the most comprehensive portfolio of legal services on the market, with highly reputed lawyers and widely recognised expertise in business law and litigation. Founded in 2005 by merger of two law firms, both established in 1995, ZRP offers high quality and effective services in both consultancy and litigation areas, integrated through the knowledge and expertise of cross-practice industry teams. 

Practice Areas:
■ Banking & Finance
■ Competition
■ Dispute Resolution
■ Employment
■ Energy & Natural Resources
■ General Corporate/Commercial
■ Intellectual Property
■ Mergers & Acquisitions
■ Projects
■ Public Procurement/PPP
■ Real Estate
■ Regulatory Legal Services
■ Restructuring & Insolvency
■ Securities & Capital Markets
■ Tax
■ White-Collar Crime

Main Areas Of Practice:

Banking & Finance:
■ Legal assistance to Alro in relation to a term and revolving multicurrency facility in amount of 167 million USD granted by a syndicate of banks
■ Legal assistance to Alro in relation to the extension of credit facilities for working capital and issuance of LCs/ LGs granted by Eximbank, amounting to EUR 50 million
■ Legal assistance to Day Residence in relation to credit facilities for the development of a residential project in Bucharest amounting to EUR 6 million
■ Legal assistance granted to Piraeus Bank Greece and Piraeus Bank Romania related to the restructuring strategy for a EUR 45 million loan granted to a Romanian businessman
Contact: Ioana Racoţi
Email: [email protected]

Dispute Resolution:
■ Successful representation of the National Agency for Mineral Resources in an ICC arbitration regarding the dispute derived from three Petroleum Agreements concluded with our client which Chevron was seeking to relinquish. The ICC tribunal has rejected in full Chevron’s claims against Romania and the total due amount of approx. USD 100 million was voluntarily paid to NAMR
■ Successful representation of Romania (ICSID investment arbitration opposing Alpiq Switzerland) and Hidroelectrica (ICC arbitration opposing Andritz Hydro Germany & Andritz Hydro Austria), value of both arbitration procedures exceeding EUR 345 million
■ Successful representation of Romanian public authorities (Bucharest Municipality, Oradea Water Company, Vrancea and Maramures County Councils) and private companies (ARCADIS, Bog’Art, OMV Petrom, SECOL Societa Edile Costruzioni e Lavori S.A.) in infrastructure construction disputes amounting to over EUR 210 million
Contact: Cosmin Vasile
Email: [email protected]

Mergers & Acquisitions:
■ Legal assistance to Jantzen Group regarding the acquisition of the entire share capital of a Romanian company acting in the agricultural field
■ Legal assistance to Payzone Group regarding the sale of 100% stake in a Romanian company active on the mobile top-up and bill payment services
■ Legal advice to Transport Trade Services regarding the acquisition of 6% share quota from International Finance Corporation
Contact: Anca Danilescu
Email: [email protected]

Real Estate:
■ Legal assistance services provided to Kika Mobilier regarding the acquisition of various plots of land located in Bucharest and other cities in Romania, within commercial platforms
■ Legal advice to Sonae Sierra with respect to the negotiation of various lease agreements concerning Park Lake Shopping Centre, located in Bucharest
■ Provision of legal assistance services to Piraeus Bank Romania related to the analysis on the ownership titles concerning several immovable properties located in Bucharest
Contact: Anca Danilescu
Email: [email protected]

■ Legal assistance to Schenker Logistics Romania, member of DB Schenker Group, for obtaining the long stay visa for the family members of one of the top management employees
■ Legal assistance to Kika Mobilier, adidas Romania, WNS Global Services, Bancpost, and Menzies Aviation Romania regarding labour law issues as well as representation services in labour disputes
Contact: Cătălin Micu
Email: [email protected]

Restructuring & Insolvency:
■ Representation of Hidroelectrica, company in insolvency, in the disputes with the electric energy traders having as object the termination of the electric energy supply agreements and damages, value of receivables over EUR 450 million
■ Representation of a consortium of foreign and local banks throughout the observation period of debtor Omilos Oradea, matter value over EUR 65 million
■ Representation of K&S Electric Power Point (debtor) in the case regarding the action for annulment of a fraudulent contract concluded between the debtor and an interconnected company, in terms of penalties exceeding EUR 37 million
■ In the insolvency proceedings conducted against debtors Interagro SA and Interagro SRL, the team provides legal assistance and representation of clients OMV Petrom SA and OMV Petrom Gas SA for the recovery of receivables totally amounting to over 28 million Euros
Contact: Stan Tîrnoveanu
Email: [email protected]

■ Assistance of Kronospan Group companies in an investigation opened by the Competition Council on a possible breach of the national and EU competition law on the market of wood processing
■ Assistance of Uniqa Asigurari in an investigation opened by the Competition Council on a possible breach of the national and EU competition rules by Media Xprimm, UNSAR (Romanian Association of Insurers and Reinsurers) and other insurance companies
■ Assistance of The Romanian Association of Banks in the development and implementation of a competition compliance program
Contact: Elena Iacob
Email: [email protected]

Intellectual Property:
■ Representation of two giant pharma innovators in a complex and controversial damages claim
■ Representation of pharmaceutical companies related to the granting, modification and duration of Supplementary Protection Certificates for medicinal products
■ Representation of Danya Cosmetics in a dispute related to a damages claim deriving from false infringement accusations, marked with a final favorable resolution in 2017 following 10 years of fierce debates
Contact: Alina Tugearu
Email: [email protected]


Total 3 contributions

International Arbitration 2019 Law and Practice in Romania

Dr Cosmin Vasile

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Litigation 2019 Law and Practice in Romania

Cosmin Vasile, Alina Tugearu

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Insolvency 2019 Law and Practice in Romania

Stan Tîrnoveanu, Andreea Macașoi

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Articles, Highlights and Press Releases

Total 9 Articles, Highlights and Press Releases

Zamfirescu Racoți & Partners becomes Zamfirescu Racoți Vasile & Partners

Cosmin Vasile

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New Partner at ZRP: Dănuț – Ioan Bugnariu Is Also The Coordinator of the White Collar Practice

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ZRP Strengthens Management Team and Appoints Two New Partners

Catalin Micu

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