Buruiana Procop

Founder and Managing Partner


Procop Buruiană has over 17 years of extensive experience in domestic and international transactions, with particular emphasis on finance transactions, M&A, insolvency/workouts, real estate and general corporate. He acts for commercial banks, investment funds, real estate developers, lessees and equity participants in cross-border transactions. He is experienced in all aspects of structuring, negotiating and documenting any type of commercial transactions.

He has advised clients throughout Central and Eastern Europe, including transactions in Romania, Ukraine, Czech Republic, Slovak Republic and Republic of Moldova.

Please see below a list of some of the representative transactions:

Financing & Capital Markets
· Advised a major regional company in connection with a $35 million trade finance facility by the Swiss financial institution
· Advised BCR in connection with a €46 million and RON 39 million financing of Pipera Business Park
· Advised BCR in connection with financing of several infrastructure projects
· Advised BCR in connection with a € 46 million financing of Azomures
· Advised BCR in connection with a €3 billion MTN Programme;
· Advised BCR in connection with RON 200 million bond issue by Transelectrica
· Advised BCR in connection with financing of a number of renewable and solar energy projects
· Advised BCR in connection with a €80 million financing by EBRD
· Advised BCR in connection with a €150 million financing by EIB
· Advised EIB in connection with a €400 million financing of Ford Romania
· Advised China Development Bank on a €220 million financing of Zapp (a telecommunication company)
· Advised Dresdner Bank on a €190 million financing of a multinational group
· Advised several arrangers, in the establishment of the $3 billion global medium term note programme for KazMunaiGaz Finance Sub BV
· Advised EBRD in relation with its participation in and financing of Renault Technologie Roumanie, the Romanian company developing a new testing facility on behalf of Renault
· Advised Landesbank Baden-Württenberg on a €70 million real estate re-financing of two entities incorporated in Romania
· Advised Hidroelectrica in connection with a €30 million loan from EFG and Bancpost
· Advised Erste Bank on a €15 million real estate financing of a Romanian entity
· Advised Galericom (a Romanian subsidiary of the French Louis Delhaize group of hypermarkets) on milti-million financing by Raiffeisen Romania
· Advised EIB in connection with a €25 million financing for the rehabilitation and extension of the water and wastewater system in Cluj and Salaj counties (North-West Romania)
· Advised ILFC, Babcock & Brown and MC Aviation Partners in connection with various aircraft leasing transactions

Merges & Acquisitions
· Advising a major international company, with presence in Romania, operating in the commodities trade and agricultural sector in relation to the acquisition of a Romanian group of companies
· Advised KazRosGaz in connection with a contemplated acquisition of a gas company
· Advised Neusoft Corporation, a Chinese IP group, in connection with the acquisition of a software company in Romania
· Advised Generali PPF Holding BV in its indirect acquisition of an insurance company
· Advised BBVA in connection with the indirect acquisition of a qualifying stake in Garanti Bank

Financial Restructuring & Insolvency
· Advising a large company on acquisition of various non-performing loans and receivables
· Advising an international company on restructuring of over hundred million euro debt
· Advising a major international group of companies, with presence in Romania, operating in the textile manufacturing sector for the automotive industry in relation to the restructuring of its multi-hundred million euro debt (including insolvency advice)
· Advising an affiliate of a major international bank on insolvency-related issues in connection with restructuring a large portfolio of real estate investments
· Advised a major investment fund in relation to the examination of various legal, regulatory and commercial aspects of an intended restructuring of its claims against a Romanian company operating in the hospitality industry under a major international brand
· Advised a major regional credit institution in connection with the restructuring and sale of its multi-hundred million euro non-performing loan portfolio
Bars and Courts
New York State Bar
District of Columbia Bar
Romanian (Bucharest) Bar
Moldovan Bar

Education
LL.B. – Babes-Bolyai University, Faculty of Law, Cluj-Napoca, Romania, 1996
Visiting scholar – Columbia University, New York, USA, 1998
LL.M. – University of Warwick Law School, Coventry, UK, 2000
J.D. – Washington University Law School, St. Louis, USA, 2004

Languages
Romanian, English, Russian