Mușat & Asociații

(The following information was supplied by the firm)

Muşat & Asociaţii is a leading, full-service Romanian law firm, advising leading national and international companies alike, as well as governmental authorities and agencies, financial institutions and investment funds. Over 2,500 high-profile clients benefit from top notch legal expertise and extensive resources, provided via 16 partners and over 100 dedicated attorneys. Muşat & Asociaţii are pioneers in the business law industry, and one of the first established law firms in the country, tracing its history back more than 30 years.

Chairman & Senior Partner: Gheorghe Muşat
Managing Partner: Paul Buta
Deputy Managing Partners: Iulian Popescu, Răzvan Stoicescu, Mihai Popa, Dan Minoiu
Languages: English, French, German, Italian, Spanish, Romanian

Areas of Expertise:

M&A/privatisations: acting on complex cross-border transactions and on a full range of deal structures.
Clients: Penta Investments, Spectrum Brands, DAMEN Shipyards Mangalia, Sterling Resources, Enel Group, SabMiller, GDF Suez, Abbott, CRH Ireland.

Corporate and commercial: structuring and negotiating complex secured and unsecured transactions.
Clients: Amazon, Google, Facebook, Emerson, Dell, Nokia, Penta Investments, Premier Capital.

Litigation and arbitration: the full spectrum of representation, from lower courts to the High Court of Cassation and Justice and the Constitutional Court.
Clients: FirstBank, Kaufland, Enel, Thyssen Krupp, Roche, Abbott, Oracle, Eli Lilly, Colas, Trigranit, GDF Suez, Panalpina, KMG International, Copisa Constructora Pirenaica.

Real estate and construction: advises on the acquisition of land, construction and maintenance, permitting aspects, residential, office and commercial projects, as well as mixed-use scheme developments and asset management work.
Clients: Brookfield, Adesgo, Novares, Teconnex, CRH, Intercora, Kaufland, Buck Consultants, Trigranit, ING Real Estate, Sogeprom, Daimler, Grupo Lar, CAF, Italferr, European Investment Bank.

Energy and natural resources: experienced in encompassing energy trading, generation, distribution, transmission and supply licensing, emissions trading and renewable energy and environmental legal aspects related.
Clients: ENGIE (ex-GDF Suez), Electrica Furnizare, Repower, Nereo GreenCapital, Electromagnetica, Wellbore Integrity Solutions, Kraftanlagen Romania, Omya Calcita.

Infrastructure and PPP/public procurement: assists clients in public tenders, property finance and leasing, concession of public assets and services, drafting and negotiating PPPs and concession agreements, feasibility studies.
Clients: Solar Turbines, CCCC, Harris Corporation, Elbit, Sutech, CAF, European Investment Bank.

Banking and finance: advises on syndicated loans; structured, acquisition, asset and project finance; securitisation.
Clients: EBRD, PPF Banka, Unicredit, Citi, Raiffeisen, BRD Societe Generale, Ciech S.A., European Investment Fund, Barclays PLC, Nokia, Alcatel- Lucent, Novares, Alior Bank, Google Cloud Platforms, Goldman Sachs & Co. LLC.

Capital markets: handles transactions involving publicly held companies listed on the Bucharest Stock Exchange.
Clients: Goldman Sachs & Co. LLC, HSBC, JP Morgan, Citibank, Northern Trust, The Bank of New York Mellon (members of the Global Custodian Association), Barclays PLC, Romanian Financial Supervisory Authority, UBS, Swiss Capital, BT Securities, Citi, Raiffeisen, Société Générale.

Telecom, IT and media: advises in all areas of communications, broadcasting, E-commerce, internet services, software development and licensing, infrastructure and equipment finance.
Clients: Verizon, Porsche, Disney, Sony, Google, Apple, Intel, Intact Media, AT&T, Amazon.

Competition and antitrust: legal assistance in all stages of antitrust proceedings and investigations carried out at national and EU level, concerning both cartel-type behavior and alleged abuses of dominant position.
Clients: Daimler, Orange, Roche, McCann Erickson, Eli Lilly, SAB Miller, Servier, Rewe Romania, L’Oréal Romania.

Restructuring and insolvency: covers pharmaceuticals, real estate, oil and gas, maritime technology, transportation, and constructions.
Clients: First Bank S.A., APS Holding, Aegean Airlines S.A., Damen Shipyards Group, Termoelectrica, Sermedic.

Taxation: advises on structuring in a wide range of corporate and financial transactions and fiscal matters.
Clients: Amazon, Emerson, Servier, SabMiller, Sermedic, Universal Music.

Healthcare: counsels on M&A, restructurings and reorganisations, regulatory, competition and compliance related advisory work.
Clients: Eli Lilly, Servier, Abbott, Lundbeck, Novartis, Astellas Pharma.

IP: experienced in acquisition, development, implementation, enforcement, licensing and other exploitation of IP rights, as well as in patent, trademark, and copyright regulatory matters.
Clients: Deutsche Telekom, ZTE, L’Oreal, Blue Air, Otsuka Pharmaceuticals, Apple.

Transport: advises on trade and transport of goods by sea, road and air, such as sale/purchase, charter, cargo insurance, recovery, arrest, execution, cargo, and freight claims.
Clients: CAF, Tip Trailer, China Gezhouba, Aerovista.

Key Contacts

Chairman & Senior Partner

Gheorghe MuÅŸat
musat@musat.ro

Managing Partner

Paul Buta
paul.buta@musat.ro

Firm Rankings

Banking & Finance
Band 2

8.0

Capital Markets
Band 2

8.0

Capital Markets: Debt
Band 2

8.0

Competition/Antitrust
Band 3

7.0

Corporate/M&A
Band 2

8.0

Dispute Resolution
Band 2

8.0

Energy & Natural Resources
Band 3

7.0

IP
Band 2

8.5

IP & TMT
Band 2

8.5

IP: Patents
Band 2

8.0

IP: Patents: Contentious
Band 3

6.0

IP: Trademarks
Band 2

8.0

IP: trademarks: Contentious
Band 1

9.2

IP: Trademarks: Prosecution
Band 3

7.5

Labour & Employment
Band 3

7.5

Projects
Band 2

8.0

Public Procurement
Band 1

Real Estate
Band 3

6.0

Restructuring & Insolvency
Band 2

8.0

Tax
Band 2

8.0

TMT
Band 1

White-Collar Crime
Band 1

Articles

Gambling operation in the current context

How to find the balance between budgetary optimization, social protection and economic freedom for organizers? By Mateea Codreanu, Partner, Diana Anghel, Associate, MuÈ™at & Associates,   Recent legislative changes in the gambling field have generated a series of economic challenges for this industry, leading more and more organizers to cease or restructure their activities. While the Romanian legislator and […]

Economic entity identity in business transfers

Authors:   Mihai Popa, Deputy Managing Partner, MuÈ™at & AsociaÈ›ii Simona Anton, Managing Associate, MuÈ™at & AsociaÈ›ii The business transfer inevitably impacts on employment relationships, a context in which the identity of the economic entity has been the subject of exhaustive analysis in recent case-law of the Court of Justice of the European Union (CJEU). The European court, […]

Determining the abusive character

Of the attributive clauses of competence inserted in the contracts concluded between professionals and consumers   by MuÈ™at & AsociaÈ›ii   First of all, we must remember that, as in the case of all abusive clauses in contracts concluded between professionals and consumers, and with regard to attributive clauses of competence inserted in this type of contracts, the […]

The identity of an economic entity

Within a business transfer in the light of Directive 2001/23 and CJEU practice. Mihai Popa, Deputy Managing Partner, MuÈ™at & AsociaÈ›ii   Simona Anton, Managing Associate, MuÈ™at & AsociaÈ›ii The business transfer inevitably impacts on employment relationships, a context in which the identity of the economic entity has been the subject of exhaustive analysis in recent […]

Tax evasion – Significant changes introduced

With the implementation of the new national e-invoicing system RO e-Factura, the national legislator considered it necessary: to update the provisions of Law no.241/2005 on preventing and combating tax evasion in order to introduce new crimes, as well as to amend the circumstances in which some crimes are not punishable or are punished with reduced […]

New Rules for the Deduction of Intra-Group Expenses

Incurred by Non-Resident Related Entities – Proposed Amendments The recent practice in the field has shown that the expenses with intragroup services are currently one of the main topics addressed during tax audits and, at the same time, one of the main topics generating tax controversies. Having in mind such background, the legislative process for […]

An overview of Banking & Finance laws and regulations applicable in Romania

What are the national authorities for banking regulation, supervision and resolution in your jurisdiction The main national authority for banking regulation, supervision and resolution in Romania is the National Bank of Romania (the “NBR”). The NBR’s main goal is to assure and maintain price stability, having authority over the circulation of money, foreign currency, lending […]

Early warning provided by the current special insolvency rules

The early warning defined by the provisions of art. 5 point 5 1 of the current form of Law no. 85/2014 regarding insolvency prevention and insolvency procedures (hereinafter referred to as “ Law no. 85/2014 “) as representing “ alerting on the existence of circumstances that could give rise to the debtor’s state of difficulty or insolvency and which may signal to him […]

Criminal law and liability

The prescription of criminal liability probably remains, to this day, one of the biggest controversies at the level of national jurisprudence, the courts carrying out, over time, their own interpretation of the legal provisions, the issue being repeatedly submitted to the attention of the Constitutional Court of Romania (“ CCR “) and the High Court of Cassation […]

Doing Business in Romania

A comprehensive view of the Romanian legal framework from the perspective of the business environment, representing a valuable and unique instrument for companies and investors eager to start doing business in Romania. This includes a thorough analysis structured on areas of interest such as mergers & acquisitions, privatizations, banking, energy & natural resources, company law, […]

Smart teleworking – Guidelines to obtain cost efficiency and active risk management

By Mihai Popa, Deputy Managing Partner, Head of Labour & Employee Benefits Department and DragoÈ™ Lungu, Managing Associate Bucharest, 21 August 2023 The former classic (to be read “rigid”) system where performance of work is accomplished in just a single physical workspace for all employees is already starting to fade away, due to its declining economic benefit […]

Early warning under current special insolvency rules

Early warning defined by the provisions of Art. 5 pt. 51 of the current form of Law nr. 85/2014 on insolvency prevention and insolvency procedures (hereinafter referred to as “Law no. 85/2014“) as representing “alerting on the existence of circumstances that could give rise to the debtor’s state of difficulty or insolvency and which may signal to him […]

Press Releases

Musat & Asociatii shortlisted for Romania Law Firm of the Year

Musat & Asociatii has been shortlisted at the 𝐂𝐡𝐚𝐦𝐛𝐞𝐫𝐬 𝐄𝐮𝐫𝐨𝐩𝐞 𝐀𝐰𝐚𝐫𝐝𝐬 𝟐𝟎𝟐𝟓 in the category 𝐑𝐨𝐦𝐚𝐧𝐢𝐚 𝐅𝐢𝐫𝐦 𝐨𝐟 𝐭𝐡𝐞 𝐘𝐞𝐚𝐫! Chambers Europe Awards is one of the most prestigious international events recognizing top law firms all around Europe, based on rigorous research conducted by Chambers and Partners. The awards gala will take place on 29 […]

24 Feb 2025
Musat & Asociatii promotes seven lawyers

In the areas of mergers and acquisitions, litigation and arbitration, banking and finance, capital markets and public procurement. Bucharest, 4 February 2025 Musat & Asociatii announced the promotion of seven young lawyers in the areas of litigation and arbitration, mergers and acquisitions, banking and finance, capital markets and infrastructure and PPP / public procurement. Ana-Maria […]

04 Feb 2025
Mușat & Asociații update indentity and website

In anticipation of our 35th anniversary, we are updating our visual identity and launching a new website, both reflecting the firm’s evolution and providing a modern perspective on the classic values of the legal profession, which remain the core of the firm’s organizational culture. 🔹 The new logo of MuÈ™at & AsociaÈ›ii has been created […]

06 Jan 2025
Mușat & Asociații and Hogan Lovells assisted Romgaz

In the first bond issue in the natural gas sector, a historic project on the capital market, which generated huge interest from international investors EUR 1.5 billion – total amount of the international bond issuance program. EUR 500 million – the value of bonds issued in the first tranche. EUR 6 billion – demand registered from investors for […]

28 Oct 2024
Mușat & Asociații, and Hogan Lovells assisted Romgaz

 In the first bond issue in the natural gas sector. Bucharest, 14 October 2024 EUR 1.5 billion – total amount of the international bond issuance program. EUR 500 million – the value of bonds issued in the first tranche. EUR 6 billion – demand registered from investors for the first tranche. MuÈ™at & AsociaÈ›ii, in […]

21 Oct 2024
Mușat & Asociații advised Naxxar Renewable Energy

On the sale of the remaining 40% stake in Naxxar Wind Farm Four to the Polish group Polenergia   Bucharest, 3 October 2024 MuÈ™at & AsociaÈ›ii advised Naxxar Renewable Energy on the sale of the remaining 40% stake in Naxxar Wind Farm Four SRL (NX4 – the project company) to Polenergia, the largest private energy group […]

08 Oct 2024
Madalina Trifan – Recieves Top Lawyer in Real Estate Award In Romania

Madalina Trifan, Counsel, received the 𝐓𝐨𝐩 𝐋𝐚𝐰𝐲𝐞𝐫 𝐢𝐧 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 award at the 𝐓𝐨𝐩 𝐋𝐚𝐰𝐲𝐞𝐫𝐬 𝐆𝐚𝐥𝐚, organized recently byFinmedia, the editor of 𝐏𝐢𝐚𝐭𝐚 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐫𝐚 (𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭) 𝐌𝐚𝐠𝐚𝐳𝐢𝐧𝐞. Mădălina is an experienced real estate lawyer with a strong track record in the field, having advised an impressive portfolio of clients, including developers, investment funds, financial institutions, […]

12 Jul 2024
Mușat & Asociații team wins important dispute for a client in the pharmaceutical industry

MuÈ™at & AsociaÈ›ii team won an important dispute against CNAS for a client in the pharmaceutical industry regarding the application of the legislation on the calculation of the clawback tax MuÈ™at & AsociaÈ›ii represented a multinational pharmaceutical company in a complex dispute with the National Health Insurance House (CNAS) regarding the clawback tax for medicines, […]

09 Jun 2024
Mușat & Asociații wins prestigious “Romania Firm of the Year” award

Bucharest, 21 May 2024 Musat & Asociatii received the Romania Firm of the Year award at the LMG Life Sciences EMEA Awards (London, May 16), an international recognition of our exceptional work in the field of life sciences. Moreover, Dan Minoiu, Deputy Managing Partner, was awarded Regulatory Advisor of the Year in EMEA (Europe, Middle […]

26 May 2024
Mușat & Asociații advised Tecadra Hotels on the affiliation of the hotel to Accor Group

Bucharest, 31 January 2024 MuÈ™at & AsociaÈ›ii advised Tecadra Hotels on the partnership with Accor Group, a world leader in hospitality, for the complete transformation and expansion of the Tecadra Hotel, located in the northern part of Bucharest. The legal assistance provided included aspects related to real estate and construction, as well as the negotiation […]

02 Feb 2024
Mușat & Asociații strengthens its management team

MuÈ™at & AsociaÈ›ii strengthens its management team by adding a Deputy Managing Partner and promoting three new Partners and seven other lawyers to senior positions MuÈ™at & AsociaÈ›ii announces the consolidation of its management team by promoting a new Deputy Managing Partner – Dan Minoiu, three new Partners – Ana Maria Abrudan, Mateea Codreanu and […]

02 Feb 2024
Mușat & Asociații advised Tecadra Hotels on the affiliation of the hotel in the northern part of Bucharest to Accor Group

MuÈ™at & AsociaÈ›ii advised Tecadra Hotels on the partnership with Accor Group, a world leader in hospitality, for the complete transformation and expansion of the Tecadra Hotel, located in the northern part of Bucharest. The legal assistance provided included aspects related to real estate and construction, as well as the negotiation and review of the […]

31 Jan 2024
Mușat & Asociații strengthens management team adding a Deputy Managing Partner and promoting three to Partners and seven lawyers to senior positions

        MuÈ™at & AsociaÈ›ii announces the consolidation of its management team by promoting a new Deputy Managing Partner – Dan Minoiu, three new Partners – Ana Maria Abrudan, Mateea Codreanu and Ștefan Diaconescu and seven other lawyers in senior positions in the areas of Labour Law, Banking and Finance Law, Real Estate […]

19 Jan 2024
Advised Naxxar Renewable Energy on the sale of 60% of Naxxar Wind Farm Four to Polish group Polenergia

MuÈ™at & AsociaÈ›ii advised Naxxar Renewable Energy on the signing of a conditional agreement for the sale of a 60% stake in Naxxar Wind Farm Four SRL (NWF4 – the project company) to Polenergia, the largest private energy group on the Polish market. Currently, Naxxar through NWF4 is developing in Romania one of the largest […]

11 Oct 2023
Advised Adesgo on closing sale of business related to the manufacturing, marketing and selling of seamless apparel

Musat & Asociatii advised Adesgo SA, the biggest producer of seamless underclothing in Romania in connection with the sale of its business related to the manufacturing, marketing and selling of seamless apparel to Tefron Europe, part of an Israeli group, developer and manufacturer of seamless products, recently entered to the Romanian market. The deal was signed in March […]

04 Sep 2023
Advised Geely on the strategic joint venture agreement with Renault Group to launch leading powertrain technology company

Bucharest, 24 July 2023 Musat & Asociatii advised Geely Holding Group and Geely Automobile Holdings Limited (collectively referred to above as “Geely”) on the Romanian legal aspects of a binding 50/50 joint venture agreement with Renault Group to launch a new powertrain technology company that aims to become the global leader in developing, manufacturing, and […]

07 Aug 2023
Wins prestigious Eastern Europe Firm of the Year award for the second year in a row at the LMG Life Sciences Awards

Bucharest, 18 July 2023 MuÈ™at & AsociaÈ›ii has been named for the second consecutive year winner of the Eastern Europe Firm of the Year award at the LMG Life Sciences Awards EMEA 2023, which took place on 13 July in London. LMG Life Sciences is one of the most prestigious legal guides that centralizes the […]

07 Aug 2023
Musat & Asociatii advised Adesgo SA – Tefron Europe Transaction

Musat & Asociatii advised Adesgo SA, the biggest producer of seamless underclothing in Romania in connection with the sale of its business related to the manufacturing, marketing and selling of seamless apparel to Tefron Europe, part of an Israeli group, developer and manufacturer of seamless products, recently entered to the Romanian market. The deal was […]

03 Aug 2023
Advised Magna on its acquisition of Veoneer’s Active Safety Business from SSW Partners

Musat & Asociatii advised Magna International Inc. on the Romanian legal aspects of the completion of its acquisition of Veoneer’s Active Safety Business from SSW Partners. The combined business is projected to generate more than $3 billion in sales in 2024. With the completion of this acquisition, Magna further strengthens its active safety business, and […]

13 Jun 2023
Advised Sika AG on its EUR 5.3 billion acquisition of Master Builders Construction Chemicals Group

Musat & Asociatii advised Switzerland’s construction chemicals group Sika AG on Romanian legal aspects of its EUR 5.3 billion acquisition of Master Builders Construction Chemicals (MBCC) Group from Lone Star Funds, a global private equity firm. The deal implied the divestment of MBCC’s concrete admixtures business to the international private equity investor Cinven. The transaction […]

09 Jun 2023

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