PeliFilip has advised the Anchor real estate and development group on the merger of the Romanian group's companies which own and operate the București Mall and Plaza Mall.
Maravela & Asociatii has advised the German group Eberspacher on opening a new plant in Romania.
White & Case has advised P3 Logistic Parks (P3) and global investment company TPG Real Estate and developer Ivanhoe Cambridge on the sale of P3 to GIC, a sovereign wealth fund established by the government of Singapore. Kirkland & Ellis advised GIC on the EUR 2.4 billion deal, which White & Case describes as "the largest deal on the European real estate market this year, and the largest real estate deal in the Czech Republic ever."
PeliFilip assisted International Investment Bank (IIB) in connection with the issuance of bonds with a total value of RON 300 million (EUR 67 million). The securities are listed on the Bucharest Stock Exchange (BVB). The bond issue has a maturity of three years and a coupon of 3.4% per year and is IIB’s third issue in the European Union and the second in Romania. The debut issuance in Romania took place in April 2015, had a value of RON 111 million (EUR 25 million) and was also assisted by the PeliFilip team.
Musat & Asociatii has represented the Financial Supervisory Authority of Romania (FSA) in a court action initiated by Fondul Proprietatea (tr: the Property Fund) regarding its attempt to obtain the FSA's approval for changing the fee agreed with the Property Fund manager, Franklin Templeton Investment Management.
Rizoiu & Poenaru, Clifford Chance, and Skadden, Arps, Slate, Meagher & Flom have advised Affidea on its acquisition of the Hiperdia diagnostics centers in Romania. Bondoc & Asociatii and Weil, Gotshal & Manges advised Hiperdia on the transaction, which remains contingent on obtaining regulatory approvals.
It may perhaps be symbolic that I pen this rather reflective article for CEE Legal Matters now, considering that August 2016 marks twenty years to the month since I first stepped off the plane at Otopeni Airport in Bucharest, Romania, to serve as a liaison for the American Bar Association’s Central and Eastern European Legal Initiative (CEELI), having taken a one-year leave of absence from my litigation practice in Los Angeles.