ABOUT US

"CONSTANTINESCU LAW & INSOLVENCY IPURL" is member of the National Union of Insolvency Practitioners of Romania, registered in the Registry of Professional Insolvency Entities under no. RFO II – 0755 on 28th of March, 2014. "CONSTANTINESCU LAW & INSOLVENCY IPURL" comply as Insolvency Practitioner with the following fundamental principles in all professional and business relationships: Integrity, Objectivity, Professional Competence and Due Care, Confidentiality, Professional Behaviour.
The insolvency proceeding can be divided into three parts:
  • The initial financial distress
  • The preliminary insolvency proceeding
  • The final insolvency proceedings

OUR SERVICES

“CONSTANTINESCU LAW & INSOLVENCY IPURL” provides customized solutions and a problem-solving approach for every insolvency stage. Our team includes attorneys, governmental professionals with prior government experience, as well as other former senior professionals who bring a range of public, private and legislative backgrounds and enable them to alert clients to potential issues and to offer a wealth of related capabilities
and experience.
Insolvency Proceedings

Insolvency Proceedings

Under the Romanian law, insolvency is defined as the state of the debtor’s patrimony characterized by the insufficiency of available funds for the…
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Insolvency Prevention

Insolvency Prevention

A firm is in financial distress at a given point in time when the liquid assets of the firm are not sufficient to…
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Administrative Receivership

Administrative Receivership

An Administrative receivership is a way for many lenders to appoint CONSTANTINESCU LAW & INSOLVENCY as an Administrative Receiver to recover the money…
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We provide other services as well. Take a look at the full presentation:

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Legal trouble? Let our professionals handle it...

“CONSTANTINESCU SI ASOCIATII” is a different kind of
law firm, independent, conflict free and not bound by
tradition focused on performing legal services to individuals,
business entities, institutions and public authorities.
Our vision was to create a strong team of lawyers united by
integrity, competence, independence, professionalism and
objectivity who put clients’ needs first.
LAW DEPARTMENT

Our Principles

Everything we do is guided by our Decalogue which is a set of principles that define us:

– Pragmatic and Problem-Solving Attitude
– Results Oriented
– Ethical Conduct
– Respect and Understanding
– Leadership and Friendliness
– Personal Commitment
– Responsibility
– Teamwork
– Decision and Value
– Flexible and Creative

We provide assistance in connection with:

Assistance during insolvency procedure

We offer a wide range of assistance, accompanying our client in any phase of the insolvency procedure, advising on its specific rights and assessing the possible level of implication in order to determine the development of the insolvency procedure. We assist and represent our clients at all levels and in front of all and any authorities involved. Our services include assessment of the legal feasibility of reorganization plans, analysis of the judicial reorganization plans or concrete proposals for termination of fraudulent acts directed at diminishing the debtor’s assets.

Recovery of debt during insolvency

During the insolvency procedure we provide legal assistance to our clients (creditors) in respect of registering their receivables with the liquidator and defending their receivables in case of a challenge.

Contesting a request for insolvency

When our clients are subject to a request for insolvency initiated by their creditors, we provide them with legal assistance for contesting such request and avoiding entering in insolvency. Our services include assistance in relation to debt recovery and appraisal of the best strategy to follow in case of threatened bankruptcy.

Initiating the insolvency procedure

We assist and represent our clients in initiating and obtaining the acknowledgment of the insolvency of their debtors unwillingly or incapable of extinguishing their debts.
INDUSTRIES WE WORK IN

INDUSTRIES WE WORK IN

We bring customized solutions and a problem-solving approach based on intellectual capital with deep experience across industries, geographies and various market cycles.

  • -Agriculture- 
  • -Mining-
  • -Oil & Gas- 
  • -Utilities-
  • -Construction-
  • -Food & Beverage Manufacturing-
  • -Industrial & Personal Goods Manufacturing-
  • -Retail Trade-
  • -Metal & Fabricated Metal Product-
  • -Wholesale Trade-
  • -Industrial Machinery Manufacturing-
  • -Transportation and Support Activities-
  • -Postal Service and Express Delivery Services-
  • -Telecommunications & IT / Broadcasting-
  • -Finance- 
  • -Environment and Waste Management-
  • -Health Care Equipment & Services- 
  • -Hospitality Industry-
  • -Sports, Leisure & Entertainment- 
  • -Business & Personal Services-
  • -Public Administration- 
  • -Research & Technology-
  • -NGO & Labor Unions-
  • -International Affairs-