Established in 2001, Vernon | David is a leading full-service commercial law firm serving both the domestic and international needs of clients ranging from start-ups to large multinational companies and foreign governments. It has grown rapidly to become a highly specialized law firm and is fast emerging as one of the leading commercial, real estate and banking law firms in Romania and the surrounding region. The team includes US, Romanian and Moldovan nationals. With offices in Moldova and Romania, Vernon | David has a strong regional presence. The firm advises an impressive client list consisting of both domestic and international firms, including large multinational companies, banks and foreign governments.
The team has counselled many of the best known enterprises in Romania and Moldova on a variety of commercial, real estate and banking matters. It has worked on some of the region's largest transactions, acting for borrowers, banks, sellers and buyers. Besides its banking and commercial practice, the firm advises on matters relating to mergers and acquisitions, corporate governance, business licensing, competition law, media, IP and copyright. In addition, Vernon | David offers advice to lenders, stakeholders, companies and directors of financially troubled businesses, specialising in avoiding formal insolvency proceedings. It also has a substantial labour practice and provides assistance with litigation matters, collective bargaining, collective dismissals and management structuring. The firm has a distinctive environmental law practice, with a special focus on regulatory compliance and dispute resolution, including disputes against state and local authorities.
It has an impressive client list containing many prominent international companies and has extensive experience with major retail, hotel and telecommunication companies.
Main areas of practice include:
Advice is given on both domestic and international mergers and acquisitions (M&A), including local mergers, cross-border acquisitions, asset and stock acquisitions (both private and listed), joint ventures and preparation of pre- and post-acquisition/merger due diligence reports. The firm has worked on some the largest deals in Romanian history, including for banks, large agro-businesses, television & cables operators, hotels, port operators, mines and construction material manufactures.
The firm's real estate practice has worked on many of Romania's largest projects and developments. The firm is a leading practice in real estate financing and acquisition with significant expertise in the policies and issues relating to greenfield development, construction, design, environmental approvals, historic preservation and joint-ventures. Vernon | David has extensive experience with major retail operators, large shopping mall developments and office buildings. The firm has worked for hotels, hypermarkets, restaurants chains, beer producers and telecommunication companies and has represented both large national and international firms as well as financial institutions.
Banking & Finance
As a leading finance and banking practice, the firm has advised on some of the largest transactions and counselled many leading and best known enterprises in Romania, Moldova and the surrounding region.
Company & Corporate Transactions
Advice is offered to a broad range of international and domestic clients on a variety of contracts and corporate transactions. In addition, the firm advises on corporate governance, compliance and company formation matters including the drafting of corporate minutes, increasing and decreasing of registered capital as well as amendments and modifications to a company's corporate documentation. The firm also advises on regulatory matters, business licensing, competition law and intellectual property and copyright.
Along with commercial disputes, Vernon | David advises lenders and other stakeholders, companies and the directors of financially troubled businesses, specialising in avoiding formal insolvency proceedings. With specialists in all areas of contentious and non-contentious insolvency, the firm uses its considerable experience in acting for lenders and borrowers in security enforcement, guarantee recovery, unsecured recoveries, insolvency, and tax contestation.
The legal team has built up a distinctive practice, gaining expertise in both the regulatory and the technical aspects of observing local and European Union regulations together with compliance requirements. The firm has an active contestation practice in relation to local and national authorities.
Labour & Employee Benefits
Vernon | David represents businesses in all types of labour matters, including litigation, collective bargaining, dismissals and management structuring. The firm's client list includes many of the world's largest corporations and financial institutions.
IT & E-Commerce
The firm deals with all aspects of technology contracts, outsourcing, data protection, privacy, e-business, IT security, telecommunications and media.
Vernon | David offers the full range of competition (antitrust) advisory services. Expert assistance is given in complex competition disputes, with excellent litigation experience used to prepare and sustain successful defences during Competition Council investigations and hearings and before the relevant Romanian and Moldovan authorities and courts.