bpv GRIGORESCU STEFANICA strengthens its Restructuring and Insolvency Practice with prominent restructuring and litigation lawyer from leading bank

We are pleased to announce that restructuring and litigation lawyer, Remus Rusu, has joined our firm with effect from September 1, 2020.

Remus Rusu has over 15 years of experience as a lawyer, having worked for several banks in Romania. The last 10 years he has spent as a restructuring, workout and litigation lawyer for one of the largest banks in Romania. From his position, he has advised and represented the bank, as a creditor, in significant out-of-court restructurings, as well as formal insolvency proceedings, and has been representing the bank in insolvency litigations related to debtors – legal entities or individuals. Remus will strengthen our firm’s restructuring and insolvency practice where he will work alongside partner Alexandru Rusu on developing the already prominent practice specializing in creditor representation in difficult cases. The practice boasts a first-rate portfolio of international and local clients and experience in some of the most complex insolvency cases of the recent years, including as adviser in an insolvency proceeding and multiple successful international arbitration cases for a top 10 creditor in the largest Romanian insolvency to-date.

“In 15 years as a lawyer in the banking system, I have learned that creditors value working with a multi-disciplinary team with excellent professional capabilities and impeccable ethical values and reputation. I am happy to join such a team.”

“With Remus, we gain a tried professional with an excellent market reputation, who will contribute greatly to the development of our restructuring practice. We are fortunate to have him on-board”, says Alexandru Rusu, head of restructuring and insolvency practice. “We will continue to leverage knowledge with technology to be able to deliver an exceptional service to our clients in an area that is traditionally marked by complexity and lack of transparency”, continues Alexandru Rusu.

Remus Rusu will also support Fractal Insolvency, our related insolvency administration practice, in relation to procedures under its administration.