Firm profile submitted by STOICA & Asociaţii
STOICA & Asociaţii was founded in November 1995, by the association of two pre-eminent Romanian lawyers, Professor Valeriu Stoica and Cristiana I Stoica. Business-like, pragmatic and responsive, the lawyers from STOICA & Asociaţii all graduated from the most reputable Romanian law schools, have excellent command of English and French, and are familiar with the high professional standards of the legal practice that the firm has adopted and applied constantly since its establishment. The firm’s early assignments included pilot privatisation projects, foreign investments, and providing permanent legal assistance to a large number of companies for their day-to-day operating activities. STOICA & Asociaţii assisted international project financing, capital market transactions, M&A and international contracts. As of today, the firm expertise is largely extended with various advisory work and complex litigation and arbitration in almost all fields of business, by assisting and representing multinational and international corporations as well as medium and small enterprises, either from Romania or abroad. In Romania, STOICA & Asociaţii is a member of the Bucharest Bar. The firm’s international professional contacts and associations include International Union of Lawyers (UIA) and World Link for Law (WLL).
Founding Partners: Valeriu Stoica, Cristiana I Stoica
Partners: Cătălina Dicu, Dan R Răducanu, Anca L Caraiola Buftea, Laura E Radu, Dragoş Bogdan, Veronica Dobozi
Number of lawyers: 36
Languages: English, French, Romanian
Corporate, Commercial / M&A:
■Assisting various companies/institutions in connection with a wide range of corporate services: corporate establishment, corporate governance, drafting, negotiating and amending all types of commercial contracts, advising on all aspects of the day-to-day operations of the client
Contacts: Cristiana I. Stoica, Laura E. Radu.
Banking, Finance & Capital Markets:
■Advising a syndicate of lenders in connection with the negotiation, drafting and execution of several security and guarantee agreements designed to guarantee the performance of a syndicated loan granted to Telus International (CDA) INC, a Canadian company. The security and guarantee agreements were elaborated in relation to several subsidiaries of the borrower ■Representing and assisting various local banks in the administrative and judicial procedures related to the Giving in Payment Law, by drafting complaints against giving in payment notifications received from the bank’s debtors and asking the Romanian Constitutional Court to rule on the constitutionality of this law’s provisions by reference to retroactivity issues, property rights, economic freedom, access to justice and the right to defence
■Advising and delivering legal opinions to various major local banks in connection to a series of collective action claims initiated by the banks’ clients with regard to challenging of alleged abusive clauses contained in the credit contracts
Contacts: Valeriu Stoica, Cristiana I. Stoica, Marieta Avram.
Litigation & Arbitration:
■Representing and assisting one of the biggest construction banks in Romania in the contestation procedure of the decisions issued by the Court of Auditors regarding the application in Romania of the legislation regulating the savings and credit operations with regard to construction projects supported by the Romanian State (Bauspar system)
■ Drafting and defending in front of the arbitral tribunals Legal Expert Opinions for global leading companies in hydropower industry, in various ICC cases seated in Paris, Geneva or Bucharest
■Representing and assisting the client in a litigation case with regard to the annulment of the application form for Binding Tariff Information (BTI) in connection with the tariff classification of an imported product
■Representing and assisting one of the biggest concrete producers in Romania in a litigation case against the National Agency for Environment Protection in order to oblige this public authority to indemnify the client for the occurred damages as a result of the information theft of CO2 certificates that were deposited in the National Registry of Greenhouse Gas Emissions
■Assisting and representing various investors - private persons - in major property restitution cases
Contacts: Valeriu Stoica, Cristiana I. Stoica, Cătălina Dicu, Anca L. Caraiola Buftea, Laura E. Radu, Veronica Dobozi.
Restructuring & Insolvency:
■Assisting the biggest Romanian bank in connection with the full-fledged case management of a portfolio of more than 1,000 insolvency cases of microenterprises throughout Romania
■ Assisting and representing a client in the bankruptcy procedure of a pharmaceutical company. The client was fraudulently deprived of its receivables which were registered on the name of another company who performed a debt to assets swap thus gaining property over all the real estate assets of the bankrupt company
■Assisting and representing the biggest Romanian bank in the insolvency procedure of a major constructions group of companies, mainly in the procedures regarding the annulment of fraudulent transactions between the affiliated companies
■Assisting and representing the biggest Romanian bank in the insolvency procedure of the second biggest meat producer in Romania
Contacts: Valeriu Stoica, Marieta Avram.
■Assisting and representing the biggest retailer in Romania before the Romanian courts in connection with the faire remuneration with regard to the IP auxiliary rights
■Assisting and representing a top player on the international market of dairy products in a claim for damages and in a litigation regarding the annulment of a trademark and an industrial design as a consequence of a counterfeit claim filed against an infringing competitor
■Representing and assisting of one of the most important mineral water producers in litigation regarding alleged infringing of a community trademark concerning the shape of a competing water bottle.
Contacts: Valeriu Stoica, Dragoş Bogdan, Cătălina Dicu.
■Assisting and representing a major player on the household appliances market in the proceedings before the Romanian Competition Council and in annulment proceedings before the courts related to, inter alia, an alleged price-fixing cartel
■Assisting a major player on the market of oil and gas drilling services, in an investigation conducted by the Romanian Competition Council concerning an alleged horizontal agreement – hard core cartel
■Assisting and representing different local IT, household appliances and electric tools product sellers and distributors with respect to both the investigation of the Competition Council and the court claims regarding a potential anticompetitive agreement concluded by the entities involved in the waste management of electronic equipment
Contacts: Valeriu Stoica, Laura E. Radu, Anca L. Caraiola Buftea, Dan R. Răducanu, Dragoş Bogdan.
■Assisting and representing a major Romanian steel producer in the litigation case initiated by an energy distribution company in connection with damage claims derived from an energy supply contract and the challenging of the company’s license as energy provider
■Assisting and representing a key aluminium producer in the litigation case in connection with damage claims derived from an energy supply contract
Contacts: Valeriu Stoica, Dan R. Răducanu, Dragoş Bogdan.
■Energy & Natural Resources
■Media & Telecommunications
■Food & Beverage Industry
■Urbanism, Infrastructure, Civil & Industrial Constructions