IJDELEA & ASOCIATII
Tel: +40 213 175 020
Fax: +40 213 175 020
E-mail: [email protected]
Web: www.ijdelea.ro
Most senior representative: Oana Ijdelea
No. of local partners: 3
No. of lawyers: 12
Year founded in Romania: 2008
Offices in Romania: Bucharest
Representative clients include: Carlyle International Energy Partners, Black Sea Oil & Gas, Mazarine Energy, Onon Partners, Raffles Energy, Green Genius, Splend, United Petfood, Renovatio Group, Hortilife.
Partners and heads of practice
List of the most representative projects
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Advised eSapiens Tecnologia, a major Brazillian technology venture, in connection with the acquisition of a live streaming business. The mandate covered the due diligence process as well as advice on the structuring of the deal and related transaction documents.Specialist lawyers: Siranus Hahamian, Andreea Tudor, Ioana Chirita.
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Advising Raffles Energy in relation with the acquisition from OMV Petrom, by means of a transfer of business as going concern, of the 100% participating interest in several onshore petroleum blocks. The mandate includes a detailed legal analysis based on the initial due diligence made by the buyer, the structuring of the transaction and the reviewing and amendment of the seller’s proposed draft business transfer agreement and the entire package of the transaction documents. Specialist lawyers: Oana Ijdelea, Siranus Hahamian, Lorena Vasvari, Luiza Catalinescu.
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Advised Splend, a global leader in providing cars to on-demand drivers, on a project financing transaction with a value in excess of €25 million contracted with a San Francisco based specialty-lending firm serving emerging growth technology and life sciences companies. Specialist lawyers: Siranus Hahamian, Lorena Vasvari, Andreea Tudor.
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Advising an important French renewables’ developer on the acquisition of the entire participation in a Romanian SPV for the purposes of developing a wind project with an installed capacity of 40 MW. Specialist lawyers: Oana Ijdelea, Siranus Hahamian, Luiza Catalinescu, Andreea Tudor.
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Advising a major Swedish-based renewable energy group in relation to the acquisition of a portfolio of brown-field solar parks from various small Romanian SPV developers. Specialist lawyers: Siranus Hahamian, Luiza Catalinescu, Andreea Tudor.
Energy and Natural Resources
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Advising Black Sea Oil & Gas on all aspects related to the implementation of the Midia Gas Development Project (MGD), the first offshore gas production and offshore-onshore infrastructure to be carried-out in Romania in the last 30 years. The assistance covered all legal matters related to concession rights, transfers of participating interest in the concession, permitting, regulatory and compliance matters, land acquisition and securing of rights of way, connection with the NTS and gas transmission matters, EPCIC and drilling agreements, gas sale agreements and procedures, licensing, ESIA process, $200 million project finance, general corporate and commercial matters, as well as public and governmental affairs, advocacy and enactment of necessary legislation. As MGD is becoming an energy transition vehicle, the team is advising the client on all matters regarding the development of an onshore solar park, an offshore wind farm and of offshore green hydrogen. Specialist lawyers: Oana Ijdelea, Siranus Hahamian, Lorena Vasvari, Alexandru Popescu.
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Advising Raffles Energy in relation with the acquisition from OMV Petrom of the 100% participating interest in several onshore petroleum blocks. The mandate includes the full suite of the acquisition process, including a detailed legal due diligence on real estate and regulatory and permitting matters, the structuring of the transaction and the reviewing and amendment of the seller’s proposed draft business transfer agreement and the entire package of the transaction documents. Specialist lawyers: Oana Ijdelea, Siranus Hahamian, Lorena Vasvari, Luiza Catalinescu.
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Advising Green Genius on all aspects related to corporate, real estate, regulatory, compliance and licensing requirements for the development of several solar projects in Romania, reaching a planned capacity of 500 MW, including the entry into standard EPC contracts with various third parties. Specialist lawyers: Oana Ijdelea, Siranus Hahamian, Luiza Catalinescu.
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Advising Renovatio Group in relation to the development of Borzesti CCGT having an installed capacity of 420 MW. A particular challenge of the mandate consisted in the obtaining of Transgaz regulatory approvals and negotiation and execution of connection agreements with the national gas transmission system. Specialist lawyers: Oana Ijdelea, Alexandru Popescu, Lorena Vasvari.
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Advised Crest Energy on various energy market requirements, including applicability of price caps and other regulatory measures. Specialist lawyers: Oana Ijdelea, Lorena Vasvari, Andreea Tudor.
Real Estate
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Advised Black Sea Oil & Gas in relation of the obtaining of offshore rights of way in connection with the Midia Gas Development Project. This is a first-to-market mandate for Romania. Specialist lawyers: Oana Ijdelea, Lorena Vasvari, Alexandru Popescu.
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Advising United Petfood in relation to the acquisition of 150,000 sqm of land and the development and permitting of a new per food factory and logistic facility in Dambovita County. Specialist lawyers: Siranus Hahamian, Luiza Catalinescu, Andreea Tudor.
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Advised Hortilife in relation to a series of construction matters and contractual arrangements in relation to the execution and delivery of a major green-house in Arad County. Specialist lawyers: Siranus Hahamian, Luiza Catalinescu
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Advising an important French renewables’ developer on permitting-related matters, including urban planning, grid connection and grid development matters, and securing the necessary endorsements and permits regarding the development of a wind farm with an installed capacity of 40 MW. Specialist lawyers: Oana Ijdelea, Siranus Hahamian, Luiza Catalinescu, Andreea Tudor.
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Advising a major Swedish-based renewable energy group in relation to the performance of the permitting process for the development of its portfolio of solar parks, including urban planning, grid connection and grid development matters. Specialist lawyers: Siranus Hahamian, Luiza Catalinescu, Andreea Tudor.
Litigation and Dispute Resolution
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Advising Black Sea Oil & Gas, as leader of the international legal counsel team, in relation to ICC arbitration proceedings against the State of Romanian and the National Agency for Mineral Resources on the grounds of the introduction of the supplemental tax in the offshore law in breach of the stability and the contractual rebalancing obligation of the State as provided under the petroleum agreement. Specialist lawyers: Oana Ijdelea, Ancuța Pop, Alexandra Laza, Lorena Vasvari.
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Advised Black Sea Oil & Gas in relation to the awarding of interest fees for late VAT reimbursement in excess of 7 mil EUR. This mandate is part of a series of court cases aimed at protecting our client’s economic interests affecting adequate cash-flow. Specialist lawyers: Ancuța Pop, Alexandra Laza, Victor Mitcov.
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Assisted Hortilife BV in an urgent dispute resolution procedure aimed at stopping their contractual partner from using a €3.5million greenhouse before the turnkey project developed by Hortilife was approved according to the contractual framework. The dispute was part of a series of ongoing court and out of court legal proceedings aimed at resolving the dispute regarding the development of a large greenhouse complex for the Romanian subsidiary of a Slovenian company. Legal services were rendered more complex by the need to consider both the convoluted structure of the parties’ business transaction and the partial funding from EU funds. Specialist lawyers: Ancuța Pop, Alexandra Laza, Victor Mitcov.
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Assisted the client, Petro Venture Resources, in two disputes against the National Energy Regulatory Authority concerning the cancellation of two misdemeanor minutes by which the authority applied fines in excess of €280,000 for alleged breaches of the provisions of Emergency Government Ordinances no. 27/2022 and no. 119/2022 respectively concerning a newly established obligation to sell 40% of the natural gas domestic production at capped price. The main issue of the case file will be for the court to determine whether such obligation is applicable even if all the domestic gas production had already been sold before the enactments came into force. Specialist lawyers: Ancuța Pop, Alexandra Laza, Victor Mitcov.
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Assisted the client, Gas Plus Dacia, in two disputes against the National Energy Regulatory Authority concerning the cancellation of two misdemeanor minutes by which the authority applied fines in excess of €280,000 for alleged breaches of the provisions of Emergency Government Ordinances no. 27/2022 and no. 119/2022 respectively concerning a newly established obligation to sell 40% of the natural gas domestic production at capped price. The main issue of the case file will be for the court to determine whether such obligation is applicable even if all the domestic gas production had already been sold before the enactments came into force. Specialist lawyers: Ancuța Pop, Alexandra Laza, Victor Mitcov.