Selection of relevant outcomes
- Mihai has been involved with some of the largest insolvencies, bankruptcies and transactions in Romania. In insolvency matters he has previously represented creditors in the Astra Asigurări and ELCEN insolvencies, and was part of the team responsible for the Oltchim asset restructuring overseen by the European Commission. In terms of transactions, Mihai was staffed on the largest acquisition by value of 2016 and on several other acquisitions performed by European-level investment funds present in Romania, mainly in the medical sector. As of becoming a member of PBNI, Mihai has assisted clients in the Romanian energy sector, such as in one of the largest arbitrations pertaining to the Romanian coal industry. Mihai is currently coordinating assistance provided to clients in several insolvency proceedings in the pharmaceutical and agricultural sectors.
- Mihai has obtained positive outcomes for our clients in both private and public fields of law, having overturned unfavourable judgements in appeal proceedings before higher courts in both commercial and family matters and having obtained the annulment of public administrative acts in court both for companies and private individuals. Mihai benefits from a track record of tens of lawsuits in both the private and public sector, currently coordinating assistance being provided to several Romanian government agencies in over 30 pending lawsuits.
- From a transactional viewpoint, Mihai has obtained Competition Council clearance for clients in deals wherein they consolidated leading market positions as leaders of the Liquefied Petrol Gas sector by market share. Further to the approval phase, Mihai also has experience in negotiating every relevant issue in subsequent acquisition agreements. This experience includes providing innovative solutions to clients in cross-border dealmaking so as to obtain the best tax-treatment and business terms in projects under his responsibility.