Experience in Romania
Based on long term experience in the Romanian market place starting from 1998, the Firm is able to offer expertise in a wide range of legal and business matters covering all our clients’ needs. Our practice ranges from providing advice in connection with inward investment in Romania and subsequent sales of investments, whether by way of stock exchange listings, trade sales, privatisation, greenfield developments, joint ventures and major projects (whether involving public or private sector finance or a combination of both) to providing ongoing advice to our clients on all corporate, banking, property/real estate, securities, competition, employment and commercial matters as they develop their businesses.
Our experience includes numerous joint ventures, acquisitions, management and employee buy-outs, privatisations and project finance transactions acting for both local and international clients in Romania and elsewhere in the region (Bulgaria, Hungary and Moldova). In recent years we have also developed our litigation capacity acting on high profile shareholder litigations, insurance litigations and cross-border disputes.
Further details of our experience are set out in Practice Areas.
We aim to understand our clients’ businesses and the sectors and markets in which they operate and to work with them in evolving practical solutions to the legal aspects of running their businesses. We listen carefully to our clients and, building on our market understanding, give advice in the context of their business strategies; we are always concerned with commercial realism not merely legal competence. We also appreciate the need to provide our clients with a prompt, professional, efficient and ethical service at an international standard, whilst on a cost effective basis.
Stabb & Partners brings together a team of experienced Romanian and international lawyers, which is able to offer a combination of in depth local experience and knowledge in all relevant areas of Romanian law, together with an excellent appreciation of the commercial requirements expected by our international clientele. The lawyers on the team are highly dedicated and enthusiastic and very flexible in terms of availability and are noted for their speed of response and creativity in conceiving new solutions. All Romanian members of the team are fully fluent in English, French and Romanian.
The presence of resident international lawyers on the team enables the Firm to ensure effective management and organisation of the provision of legal services combined with international methods of working. Project coordination (including quality control, overall supervision, reporting and budget management) and day to day co-ordination of the team in Bucharest is conducted by David Stabb.
In addition, the success of any major transaction will depend to a great extent on the team work of the professionals and others involved from all disciplines. We have particular experience of transaction management, but we are also accustomed to working as part of a team of consultants to achieve the common aim of devising and implementing a project, on time and within budget, in a manner, which is responsive to both to local and international needs.
Members of the team are well ranked by the independently compiled annual reviews of the European Legal 500, Chambers Directory and Global Counsel 3000 for their expertise in M&A, privatisation, energy, utilities, insurance, employment and litigation.
In addition to providing advice on Romanian legal matters, the firm also acts with a network of contacts and advisors throughout the region, especially in Bulgaria, Moldova, Hungary and Ukraine.
Profile of DAVID STABB, Managing Partner
David is an English qualified solicitor, who is based in Bucharest and who, having acquired extensive commercial experience with Slaughter and May and Cameron McKenna in the City of London, has been working in Romania since 1998, advising a wide range of investors on the development of their businesses in Romania and elsewhere in Central and Eastern Europe. He has 30 years’ experience of corporate transactions, especially involving, takeovers, mergers and acquisitions, real estate transactions, privatizations, private equity investments and divestments and corporate restructurings.
David came to Romania in March 1998 to develop Bucharest office of the City of London law firm, Sinclair Roche & Temperley (later merged with Stephenson Harwood), becoming a partner in 2000. Subsequently he took over the office in a management buyout in April 2004, since which time he has been Managing Partner of Stabb & Partners.
He is also ranked as a highly recommended individual in Romania by PLC Which Counsel for M&A, Real Estate, Energy, Banking and Finance and Restructuring and Insolvency. The independently-compiled Legal 500 guide reports clients as saying that David’s “competence, dedication and efficiency are outstanding” and that Stabb & Partners is “first-class”.
David is also a Member of the Bucharest Bar and is resident in Bucharest.