banking and finance

Benefiting of a lawyer’s opinion in implementing any type of financing arrangement, from loan standard agreements to complex structured finance transactions, is usually crucial for both its success and smooth functioning. Specialized and competent advice is a must not only for the credit institutions, but also for borrowers who might otherwise become “prisoners” of certain contractual clauses.

The expertise of our team in banking and finance matters includes:

  • banking and non-banking financial institutions regulatory matters
  • financial services and consumer credit regulations
  • drafting and negotiating various types of financing agreements, including syndicated loans and trade finance facilities
  • drafting, negotiation and registration of guarantees (mortgages, pledges, corporate guarantees, bank letters of guarantees etc.)
  • factoring and receivables purchase.

Below you can find details of some of our recent projects in banking and finance:

  • Reviewing corporate documentation and drafting standard loan/guarantees documentation in relation to several loans granted for energy efficiency projects by a special purpose agency that manages financial resources received by Romania from the Global Environment Fund, in order to enhance energy efficiency (13 projects successfully accomplished)
  • Providing day-to-day legal assistance to a bank on various institutional and operational issues (e.g. new banking products, cross-border distribution of UCITS units, MiFID implementation etc.)
  • Preparing the full standard Romanian law documentation (standard loan agreements, general terms and conditions, standard security agreements, various forms etc.) for the retail operations of a foreign bank intending to enter the Romanian market
  • Acting as legal counsel to a company from the real estate division of an international bank in the negotiations with the bank for the financing of a retail centre development
  • Assisting a Romanian company in the process of negotiating and concluding the deeds related to a credit restructuring with a major bank, which involved, inter alia, the conclusion of a new loan, assignment of receivables and overtaking of debts
  • Providing day-to-day legal assistance to a bank in the process of selling immovable assets acquired in enforcement proceedings against bank’s debtors.