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Țuca Zbârcea & Asociații
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Insolvency & Liquidation

Ţuca Zbârcea & Asociaţii has significantly developed its bankruptcy/liquidation and insolvency practice over the past few years. Our department comprises lawyers with extensive expertise in debt recovery, bankruptcy and liquidation matters, including certified mediators and insolvency practitioners. As a matter of fact, our team in this area consists of 8 certified insolvency practitioners. In order to sustain this development, we have also established a separate functional division – TZA Insolvenţă S.P.R.L.


Our services in this area include assistance in relation to debt recovery and appraisal of the best strategy to follow in case of threatened bankruptcy. Most of our mandates consisted of in-depth evaluation of clients’ options for the recovery of receivables, as well as assistance and representation in insolvency proceedings, assessment of the legal feasibility of reorganization plans, analysis of the judicial reorganization plans or concrete proposals for termination of fraudulent acts directed at diminishing the debtor’s assets.

Scope of Practice
Reorganization and Judicial Liquidation
assisting and representing clients, both creditors and debtors, in insolvency proceedings; identifying settlement opportunities and ensuring the benefit of privileged or secured debts in case of threatened bankruptcy; providing restructuring strategies and contributing to the drafting of reorganization plans; assessing legal feasibility of reorganization plans proposed by either debtor or creditor; ensuring the creditor’s debt collection following the liquidation of the debtor’s assets.


Assisting a leading London-based energy company in complex commercial litigations aiming at the recovery of a receivable of approximately EUR 80,000,000 [...]
Assisting and representing the biggest electricity producer in the Czech Republic in complex commercial disputes exceeding EUR 50,000,000 [...]
Legal assistance and representation for a leading global manufacturer and supplier of tubular products and services during recovery procedures of assets with a value of over 32,000,000 USD [...]
Ciprian Dragomir
Robert Roșu
Ioana Hrisafi-Josan
Ionuț Șerban
Christina Vlădescu
Andreea Bădeliță
Carmen Cristea
Cătălin Georgescu
Cătălina Mihăilescu
Valentin Moga-Shaban
Mihail Petcu
Robert Trăilescu
Alina Ungureanu


Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax are collaborating with Andersen Global in Romania
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