Popovici Nițu Stoica & Asociații is a leading Romanian independent law firm. Established in 1995, as one of the first incorporated partnerships in Romania, the firm brings together strong local resources, with exceptional credentials, outstanding records and distinguished careers in law, business and academia. The Bucharest office today groups 80 qualified lawyers and tax advisors.
The Firm acts as outside counsel to a wide spectrum of legal entities, including key players in major industries, financial institutions, public authorities and investment funds.
Popovici Nițu Stoica & Asociații has linked its name with the creation of the essential Romanian market economy institutions after 1990, including the property funds, the stock exchanges, numerous regulatory agencies and judicial bodies. For decades, significant investment and acquisitions projects on the local market have been carried out with the legal assistance of Popovici Nițu Stoica & Asociații.
The Firm is constantly ranked as a top tier counsel by the most prestigious international publications on the legal market in various areas such as Banking & Finance, Capital Markets, Corporate & Commercial, Dispute Resolution (including Insurance Litigation), Competition, Energy & Natural Resources, IT & Telecom, Mergers & Acquisitions, Real Estate, Public Procurement and Project Finance.
Main areas of practice
Popovici Niţu Stoica & Asociaţii team structure is divided into 21 major Practice Groups, including subdivisions, as per the following areas of expertise: Banking & Finance; Litigation (including Insurance Litigation); International Arbitration; Corporate & Commercial; Mergers & Acquisitions; Capital Markets; Competition & Antitrust; Electronic Communications, IT & Media; Employment & Pensions; Energy & Natural Resources; Healthcare & Pharmaceuticals; Insurance; Intellectual Property; Project Finance/PPP, Concessions & Infrastructure; Public Procurement; Real Estate; Agriculture; Restructuring & Insolvency; Tax; White Collar Compliance & Defense; Data Privacy.
Popovici Niţu Stoica & Asociaţii expertise in this area is primarily related to green field investments and mergers and acquisitions involving insurance and reinsurance companies, transfers of portfolio, running off of insurance business lines, permitting/filing and regulatory advice, as well as insurance litigation.
Capabilities also include assistance with the design and implementation of affinity insurance contracts and in relation to standardization of insurance terms and conditions.
Popovici Niţu Stoica & Asociaţii advises clients on coverage and insurance contract disputes related to life and non-life insurance products, regulatory compliance and breaches (including from data protection perspective), insurance distribution arrangements as well as all types of insurance litigation including alternative dispute resolution procedures.
Cooperation with international law firms
Popovici Niţu Stoica & Asociaţii is regularly teaming up with prestigious international law firms on cross-border projects, servicing a large array of international clients in insurance related matters.
Main contacts for the Firm’s Insurance Practice
Popovici Nițu Stoica & Asociații insurance practice is headed by Vlad Neacșu Partner, Partner and Ioana Dumitru, Managing Associate.