Insolvency Milestones

Date:09/06/2022 3:00 pm
Location: Zoom

BRCC, in partnership with MPR Partners, is organizing on the 9th of June, starting with 15.00 the webinar Insolvency Milestones.

As in many other European jurisdictions, Romanian insolvency proceedings are court led, namely contentious, entailing a certain inflexible, however natural sequence of stages, imposing on both debtor and creditors mandatory procedural deadlines.

The opening of the insolvency proceeding is definitely not a risk-free strategy but, in order to mitigate such risks, setting the insolvency milestones is crucially important for the debtor and creditors to exercise their prerogatives and preserve their rights and interests, aiming for the debtor’s successful reorganization and reinsertion in the economic circuit and the creditors’ claims’ recovery.



Anca Băiţan – Partner 

Anca Băiţan assists clients fields of insolvency, bankruptcy, litigation and arbitration on both national and international cases, her practice being focused on administrative and commercial disputes. She represents companies from various key industry sectors before relevant institutions such as courts of law, arbitral tribunals, central and local authorities, etc. Anca’s expertise equally extends to insolvency matters, as she handles for both creditors and debtors a wide range of services including debt recovery, insolvency procedures, representation before courts, elaborating the strategy for the commencement of the insolvency procedure and through the reorganization procedure, etc. Anca holds a LL.M in Private Law and was awarded by one of the top Romanian universities.


Dana Rădulescu – Partner

A former partner with leading Romanian law firms, Dana Rădulescu specializes in M&A, corporate financing, capital markets, public procurement and regulatory & compliance matters, having acted as lead counsel in many of the country’s large projects. Dana represented major clients acting in a diverse range of industries with regard to intricate legal matters stemming investments & divestiture projects, including as regards deal structuring, as well as from various business restructuring projects, transfers of business and assets as part of complex reorganization plans. Dana is particularly skilled in banking and finance M&A and corporate matters as well as M&A related financing and capital market matters. In addition, she is acknowledged for her in-depth legal knowledge and creative approach well combined with the ability to mediate opposite positions and interests.