Leroy si Asociatii is one of Romania’s leading independent law firms.

With over 20 years of experience in the Romanian market, the firm, emerging from the Bucharest office of the international law firm Gide Loyrette Nouel, has gained recognition for its contribution to some of the most significant investments and transactions in Romania. The firm has worked efficiently on ground-breaking transactions across multiple practice areas, notably in mergers and acquisitions, capital markets, banking and finance, and projects and infrastructure.

We regularly advise ISDA and its members on Romanian law derivatives issues and were mandated to act on behalf of ISDA for supporting the local derivatives market and netting legislation, including in relation to the Romanian Insolvency Code and the law transposing the Bank Recovery and Resolution Directive.

We issued the first Romanian netting and collateral opinions, which were published on ISDA’s website for the benefit of all ISDA members. Our team regularly advises major international banks and financial institutions on the enforceability of the close-out netting and multi-branch netting provisions of the ISDA Master Agreement and on collateral arrangements under the ISDA Credit Support Documents, entered into with various Romanian counterparties, including banks, other financial institutions, ordinary corporations and public institutions.