TAX – BAND 1
The team is known for specialising in contentious tax matters and has proven expertise in proceedings before Romanian courts challenging adverse tax assessments, handling disputes relating to VAT, withholding tax, corporate income tax and environmental tax law. D&B offers tax advisory services through its strong connection to PwC, assisting with tax restructuring and the tax aspects of transactions and represents an extensive array of clients from the oil and gas industries, as well as real estate and agricultural sectors.
D&B lawyers represented Lear in court proceedings for the annulment of VAT following a tax inspection.
Clients express their admiration for the firm, describing the practice as “one of the strongest in Romania” for tax issues and highlight that “the lawyers go an extra mile and carefully look at specific elements, and will always highlight things to us so we are aware.”
Dan Dascălu is particularly noted for his expertise in contentious tax matters, such as withholding tax and VAT matters, as well as tax inspections. He represents clients before the supreme court in complex legal cases. “He is very thorough, analytically skilled and very detail-oriented when it comes to tax litigation,” enthuses a client.
COMPETITION/ANTITRUST – BAND 2
D&B is routinely engaged by leading local and multinational companies to advise on sizeable sector investigations and complaints before the Competition Council and also deals with state aid mandates. The D&B team maintains a strong offering in compliance matters, including the design of distribution models. Acts for a prominent base of clients in the pharmaceutical, manufacturing and energy sectors.
Clients laud the team for being “knowledgeable in competition matters, and always keen to help and act fast.” Another interviewee praises the service offered by the team, reporting: “The communication was flawless.”
Sorin David, Eminent Practitioner, is described by clients as “a very good theoretician who creates the ideal situation to achieve the best solutions.” He is widely recognised in the Romanian market and continues to provide expert counsel on competition compliance mandates to telecommunication and retail clients.
CORPORATE/M&A – BAND 4
The team frequently acts on the sell side of M&A transactions. Routinely advises on the local aspects of cross-border acquisitions, mergers and spin-offs as part of wider reorganisation processes, as well as on corporate regulatory matters. Regularly acts for clients from the life sciences and energy sectors. Also assists retail sector clients with real estate-driven corporate transactions. Work highlights Advised Ipsos on the acquisition of the Romanian branch of Clintelica.
Anda Rojanschi advises corporates on mid-cap M&A transactions, as well as advising entrepreneurs on buying or selling their shares in Romanian companies. She also assists with the reorganisation of local subsidiaries of international companies.
Energy &Natural Resources – BAND 4
Wide-ranging practice with notable activity across oil, natural gas and renewable energy matters. D&B David şi Baias advises on the development and operation of projects in the energy sector for both domestic and international clients. Recognised for expertise in regulatory issues, including trading, permitting and licensing-related matters.
Laurenţiu Pachiu is a key contact within the firm’s energy practice.
CORPORATE M&A – BAND 4
The team frequently acts on the sell side of M&A transactions. Routinely advises on the local aspects of cross-border acquisitions, mergers and spin-offs as part of wider reorganisation processes, as well as on corporate regulatory matters. Regularly acts for clients from the life sciences and energy sectors. Also assists retail sector clients with real estate-driven corporate transactions.
Anda Rojanschi advises corporates on mid-cap M&A transactions, as well as advising entrepreneurs on buying or selling their shares in Romanian companies. She also assists with the reorganisation of local subsidiaries of international companies.
TAX – TIER 1
D&B David si Baias SCA has an excellent reputation for tax litigation, particularly in areas such as VAT, transfer pricing, excise duty and environmental taxes. As part of the PwC network, the firm also offers strong advice to clients on the non-contentious side, and regularly supports the corporate team on M&A and restructurings.
The tax litigation team is one of the best in the field, being able to efficiently take care of the most complex matters with a high degree of technicality.Dan Dascălu is a reputable tax lawyer, a top choice when it comes to tax litigation, as he combines all the ingredients necessary for the success of the case – he is both an extremely experienced practitioner and a very knowledgeable theorist.
The team he coordinates is formed of lawyers who also already leave their footprint in the the tax disputes they manage, such as Ana Maria Iordache and Mihail Boian.
Highly rated litigator Dan Dascălu leads the team alongside corporate partner Ana-Maria Iordache and Anda Rojanschi.
EU AND COMPETITION – TIER 2
D&B David si Baias SCA has a strong track record in contentious and non-contentious competition and antitrust matters. As well as providing transactional and day-to-day support, the firm has assisted clients in several major Competition Council investigations into alleged cartel abuses and anti-competitive behaviour.
COMMERCIAL, CORPORATE AND M&A – TIER 3
D&B David si Baias SCA is a key name for mid-market transactional work. In recent work, it has been very active in the healthcare sector, and represented several entrepreneurs on the respective multimilllion-euro sales of their businesses. As the legal branch of PwC, clients inevitably benefit from the firm’s broad range of advisory services.
What is unique about D&B DAVID si BAIAS is that the firm and the lawyers always try to understand the needs of the clients even before the clients make a request.
The services provided are always tailor made, always taking into consideration the budget of its clients.‘The lawyers do their best to get back to their clients in the quickest and most satisfactory way possible, allowing the clients to work on and examine various versions and drafts of documents within a limited time, before the final version is completed.’
Managing partner Sorin David and corporate head Anda Rojanschi are the main contacts.
DISPUTE RESOLUTION – TIER 4
D&B David si Baias SCA has an excellent reputation for tax-related litigation, where partners such as Dan Dascălu and Ana-Maria Iordache are active. The team’s lawyers regularly appear before the courts challenging high-value tax liability assessments handed down by the authorities.
The group is also strong in other areas of administrative litigation, such as competition and antitrust cases, where Sorin David is a key name.The team is able to handle really complex tax and competition litigations, rapidly delivering the best possible strategy with maximum efficiency.
‘Sorin David is a reputable, leading competition lawyer, with immense experience in competition matters, who promptly delivers the best possible advice.
Dan Dascalu is a truly prestigious tax lawyer, with extremely extensive knowledge in this field, combined with the skills of a coherent and efficient barrister which makes him a top choice as a lawyer in any tax dispute. Ana-Maria Iordache is a fully experienced litigator in a variety of areas law, such as tax and administrative litigations, who always undertakes the most thorough approach.’
BANKING & FINANCE – TIER 4
D&B is a tier 4 law firm in Banking and Finance.
Ovidiu Bold is Rising Star in Capital Markets.
M&A – TIER 4
D&B is a tier 4 law firm in M&A.
Sorin David and Anda Rojanschi are mentioned as Highly regarded lawyers in M&A.