Since its formation over fifty years ago, Herzfeld & Rubin P.C. has been
regarded as a leading Wall Street business law firm. Today, the firm's
corporate and financial practice is international, regional and national
in scope and includes in its client base some of the world's largest
corporations and financial institutions, as well as numerous middle
market and emerging firms. The firm's corporate attorneys cover
virtually all areas of business and capital markets including mergers
and acquisitions, securities, joint ventures, privatizations, project
and structured finance, international transactions, corporate
governance, including counseling on compliance and other sensitive
internal matters, and commercial lending and other commercial
activities.
In South East Europe, RMDT acts as H&R's affiliate combining global
transaction management capabilities with a full service regional
expertise and substantial resources in key financial and business
centers. RMDT corporate attorneys structure some of the largest and most
complex multinational securities transactions, while also providing
precise and valuable counsel to newly emerging regional and national
companies. While a good portion of our corporate practice involves
publicly held companies and securities firms, RMDT also represents
private businesses, including partnerships, limited liability companies
and other entities in the creation, planning and operation of their
businesses, financing respective transactions, corporate control issues,
restructuring programs and debt and equity matters. Among the industries
that RMDT attorneys have served are:
- Oil & gas;
- Manufacturing;
- Transportation;
- Transportation;
- Automotive;
- Petrochemicals;
- High-Technology;
- Media;
- Telecommunications;
- Health Care;
- Financial Services;
- Aluminum;
- Steel;
- Entertainment;
- Retail;
- Construction;
- Real Estate;
- Agriculture; and
- Environmental and Waste Management.
With such unparalleled experience spanning the breadth of virtually
every industry, RMDT attorneys are widely respected for their ability to
structure and coordinate all aspects of complex deals and to collaborate
closely with their colleagues from other practice groups such as
taxation and litigation.
Specifically, the firm has sophisticated banking & financial services,
privatization, M&A and securities practices. With regard to banking &
financial services, RMDT attorneys work regularly with the largest
foreign banking institution in Romania and have consistently provided
counsel for most of the world's largest investment banking firms
including, among other things, transactions involving corporate and
municipal bond offerings, privatizations, debt and equity acquisitions
and institutional investment strategies. Furthermore, RMDT attorneys
tailor their private sector experience with their public sector
expertise in providing legal counsel to the National Bank of Romania,
numerous Romanian state-owned banks and the Ministry of Finance.
RMDT attorneys participate in a full range of securities transactions,
including initial and secondary offerings, private placements and
workouts of senior and subordinated debt, convertible debt, equity
securities, start-up financing and commercial paper. Our attorneys also
have years of experience in exchange offers, tender offers, and
securities compliance and enforcement matters.
Attorneys in the securities group include individuals with extensive
experience in virtually every field of corporate, securities and
commercial law relating to financing transactions by domestic and
foreign corporations, partnerships, limited liability companies,
investment funds and governments. In structuring and implementing
transactions or providing advice on securities matters, our securities
attorneys coordinate with other practice groups within the firm to
secure the necessary expertise in those specialized areas, such as
taxation, employee benefits and antitrust (competition), and those
industry sectors, such as telecommunications, transportation, mining,
chemicals and the like, relevant to the transaction or matter. The
breadth of experience and worldwide coverage of the firm's offices,
including local practice ability in many of these offices combined with
RMDT's global capital markets experience, enable our attorneys to
effectively service multi-jurisdictional financial transactions on an
efficient and cost-effective basis.
Specifically, RMDT attorneys have provided counsel to, among others, the
following successful transactions:
- The first and largest Romanian corporate
hard currency-denominated bond offering for a consortium of investment
banks representing Romania's largest electric utilities company;
- A major foreign currency swap after the
issuance of Romanian Samurai bonds on the world market;
- Advised numerous companies listed on the
Bucharest Stock Exchange and the RASDAQ regarding compliance measures
and shareholder matters;
- Development of the policy framework and
drafting of the legislation necessary for the conversion of the
Private Ownership Funds;
- Advised the IMF regarding the successful
implementation of a secondary securities market in Romania; and
- Acted as General Counsel to the Bucharest
Stock Exchange.
In the privatization arena, RMDT attorneys have overseen some of the
largest acquisitions and privatizations in Romania. Of note, RMDT has
advised:
- one of the world's major
telecom operators in regard to the largest foreign investment made in
Romania since 1989 in the acquisition and privatization of RomTelecom,
Romania's fixed telephone service provider, including providing advice
concerning the legal and regulatory issues involved in structuring the
transaction and the complete due diligence examination of the company.
Most significantly, the firm successfully stewarded this complex
transaction through the Competition Council in a first-of-its kind
procedure which has set the precedent for future applications before
the Council;
- in the acquisition of the
largest oil refinery in Romania;
- in the purchase of a half
billion dollar automotive manufacturing business;
- in the privatization of the
largest metals plant in Romania;
- in the acquisition of the
largest steel plant thus far offered for privatization in the country
- in the privatization of
Petrom, the state oil company;
- in the sale of the largest
automotive parts manufacturer in Romania;
- in the sale of one of the
nation's largest cement manufacturer; and
- in the privatization of
Romanian petrochemical plants, tire producers, farm machinery
manufacturers, cable manufacturers and telecommunication operations,
packaging plants, and pharmaceuticals, to name just a few of the
industries in which the firm has provided counseling.
At the core of RMDT'S corporate activities, rests our M&A practice
group. Our teams of experienced attorneys employ their tested knowledge
of strategies, tactics and instantaneous developments to provide
immediate, crucial and effective advice to clients, including corporate
buyers and sellers, merchant banks, commercial banks, investment banks
and institutional investors. Since many M&A matters require
time-sensitive inputs and supports from various groups within the firm,
our M&A practice relies heavily on the hallmark of RMDT - diversified
practice groups efficiently streamlined and coordinated to provide our
clients with maximum leverage and advantage.
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