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RTPR Allen & Overy announces new promotions

01 July 2016

RTPR Allen & Overy announces new promotions. Three senior lawyers were promoted to counsel positions - Adrian Cazan, Roxana Ionescu and Victor Rusu. This decision reflects the significant contribution of the three lawyers in numerous transactions, as well as their involvement in other aspects in the firm’s life.

In the same time Ana Maria Eremia was promoted as a Senior Associate, and a number of four lawyers, Tudor Năftică, Andrei Mihul, Bogdan Cordoș and Sorin Berbece, took over matter manager responsibilities. This new responsibility brings along matter and team management attributions.

The promotion to the counsel position represents a very important step in the career being in the same time the position which confers the vocation to a further promotion as a partner. Our colleagues, Victor, Roxana and Adrian, who are promoted to these positions are among the best lawyers in the market in their specialist practice areas, respectively corporate, competition and real estate, thus the total number of counsels increased to 7. Most of them are lawyers who started their careers with RTPR Allen & Overy or have been with us for many years, we are proud of the fact that this “academy of business lawyers” manages to identify the most talented students and graduates, but mostly to help and guide them in their professional and human development. I would like to thank them for their contribution to the development of the firm and today we are recognised as an elite firm on the Romanian legal market, their contribution being essential for our mutual success.

I would like to congratulate our three new counsels as well as the other 5 newly promoted colleagues, Ana Maria, Andrei, Bogdan, Sorin și Tudor, and to wish them the best of luck in their new role and in their future development.”, said Costin Tărăcilă, Managing Partner of RTPR Allen & Overy.

Adrian Cazan joined RTPR Allen & Overy in 2013 and is specialised in real estate, M&A and private equity transactions. Recently Adrian assisted CA Immobilien Anlagen AG on the sale of its logistics portfolio in Romania and Poland to PointPark Properties; Regina Maria on the lease of a surface for a private hospital that will be built in Cluj-Napoca; Canada Pension Plan Investment Board (CPPIB) and Cairn Capital on the EUR 180 million secured bond financing agreement of Globalworth Real Estate Investments Ltd. for its real estate projects; Regus on the negotiation of the lease agreement for three new locations in Bucharest: Hermes, Green Gate and Charles de Gaulle Plaza buildings. As regards the M&A deals that Adrian has recently advised on we can mention Enterprise Investors on the acquisition of “Noriel” group; Tymbark (Maspex Wadowice) on the acquisition of the mineral water producer Rio Bucovina; Resource Partners on the acquisition of the fitness network World Class Romania.

This promotion comes as an organic move in the context that the real estate market witnessed a revitalisation lately and consequently we saw an increase in the activity of the real estate department that I am coordinating. I am happy to join the other counsels who - together with the partners - represent the main axis for the firm’s development on medium and long term.”, Adrian Cazan said.

Roxana Ionescu started her career at RTPR Allen & Overy in 2007. Roxana has significant experience in mergers and acquisitions, as well as in competition law, assisting numerous clients in antitrust investigations, merger proceedings and developing compliance programs. Roxana advised Panasonic Romania in the Competition Council investigation against members of collective organisations for WEEE management and in the subsequent antitrust litigation securing a favourable outcome for Panasonic Romania by annulling in full the decision of the Competition Council; MOL Romania in the complex antitrust investigation carried out by Romanian Competition Council against the six major oil companies active in Romania for alleged cartel and the subsequent antitrust litigation completed with an important reduction of the fine; Aegon Fond de Pensii, managers of mandatory private pension funds, in the course of complex investigation procedures carried out by the Romanian Competition Council against 14 Romanian pension funds and subsequently in the litigation that was irrevocably ruled with a reduction of the fine granted to Aegon with over 80%. Roxana also assisted Advent International Corporation on the sale of Regina Maria group to Mid Europa Partners; Enterprise Investors in relation to the acquisition of “Noriel” group; Regina Maria and Mid Europa Partners on the acquisition of Ponderas Hospital.

Roxana Ionescu declared: “I am proud to have been part of the RTPR Allen & Overy team for 9 years. I take this promotion as recognition of my contribution to the development of RTPR Allen & Overy, especially of the competition practice, but also as a responsibility – to be even more involved in the future evolution of the firm.

Victor Rusu joined RTPR Allen & Overy team in 2005. Victor has a vast experience in advising local and international companies with regard to merger & acquisitions, commercial transactions, corporate law. Victor advised Electrica S.A. on its IPO, the largest IPO on the Romanian market to date and the first primary offering of shares in Romania involving global depositary receipts, but also on general matters regarding their day-to-day business activity (including general corporate advice, capital markets, regulatory matters in the energy sector etc); First Retail International on the acquisition of a 50% interest in the Romanian retail park portfolio ‘InterCora’; JP Morgan on the issuance by Cable Communications Systems N.V. (CCS) of EUR 450 million Senior Secured Notes guaranteed by the operational company RCS & RDS S.A., the largest Romanian corporate bonds issuance to date; Advent International Corporation on the acquisition of a majority stake in Centrul Medical Unirea, a leading chain of medical clinics in Romania, from the private equity company 3i and the founders of the business; Millennium bcp on the competitive bid for the privatisation of BCR.

Victor Rusu said: “I am happy with this promotion and the new position I will have within RTPR Allen & Overy. Furthermore, I am aware of and prepared for the new challenges that this promotion brings along. I would like to thank the partners for their trust and appreciation, as well as the other colleagues for their continuous support, without which both my professional evolution and this promotion would not have been possible.