EY Romania affiliated law firm Radu si Asociatii has become Bancila, Diaconu si Asociatii, with two Partners at the helm: Radu Diaconu and Emanuel Bancila.
In November 2020, Diaconu had taken over as Managing Partner of Radu si Asociatii from Dragos Radu, who had led the firm for the previous eight years (as reported by CEE Legal Matters on November 11, 2020).
According to the firm, Diaconu leads his team "in assisting both strategic and financial investors in a wide range of transactions on the Romanian market. The pillars of his team consist in practices such as corporate law / mergers and acquisitions, energy, labor law, regulatory, banking & fintech law." Prior to joining Radu si Asociatii in 2013, Diaconu spent a year and a half with Linklaters and close to five with RTPR Allen & Overy.
According to the firm, Bancila has "25 years of experience in coordinating tax inspections and litigation projects." He also joined EY Romania in 2013, where he became a Partner in 2016. Before that, he spent eight years as a Senior Manager with PwC and four years as a Legal Director with JTI.
"I would like to thank both our clients for their trust and the 25 lawyer colleagues who offer Business Law advisory services for their tenacious and consistent work in recent years," Diaconu said. Their work "has given us the opportunity to carry out increasingly complex and interesting projects. In the upcoming year, along with the constant development of the team, my intention is to recognize the contribution of our fellow lawyers to the steady growth of our activity, by including some of them in the partnership of the law firm."
"In 2014, we started building this tax policy and controversy practice from scratch. In seven years, we have reached over 20 lawyers," Bancila said. "We are proud of the two favorable decisions obtained in the preliminary procedure in front of the Court of Justice of the European Union [...], as well as of the landmark court decisions in the field of transfer pricing, VAT, and corporate income tax. Innovation is what defines us."