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Andrei Balus

Senior Associate

Andrei specialises in banking and project finance, consumer protection law and civil law.

His expertise and experience results from working on transactions involving loan and security packages such as syndicated loans, corporate and real estate finance, loan restructuring and also by reviewing the credit documentation in connection with consumer protection legislation.

He has provided legal assistance to clients at all stages of financial transactions, drafting due diligence reports on financial matters and providing legal opinions on regulatory compliance requirements.

Andrei has been a member of the Bucharest Bar Association since 2010.

 

LANGUAGES

Romanian - English 

 

EDUCATION

2010 – Master in “Financial Law, Banking and Insurance” (L.L.M.)

Faculty of Law, University "Nicolae Titulescu", Bucharest

2008 – Bachelor of Laws (LL.B.)

Faculty of Law, University "Nicolae Titulescu", Bucharest

 


PROJECTS

  • Assisted a group of Romanian and foreign credit institutions in respect to a syndicated facility made available for the development of an important commercial centre;
  • Assisted a major Romanian credit institution regarding the financing of residential and recreational facilities;
  • Assisted an important Romanian credit institution in relation of the assignment of a loan portfolio to a foreign credit institution, assessing the legality, validity and enforceability of such assignment in accordance with the Romanian legal provisions;
  • Assisted an important pharmaceutical company in relation to the execution of the security interest agreements established in favour of a Romanian credit institution;
  • Assisted a Romanian credit institution in the reviewing of all their credit documentation from the perspective of compliance with the consumer protection legislation provisions;

Latest deals

World Class Romania - Polish investment (BF)
Banking & Finance

Advising World Class, the largest fitness clubs operator in Romania during the initial due-diligence process in relation with, and negotiation of, an alternative financing structure from a Polish closed-end investment fund.

Willis Tower (CC) (M&A)
Corporate & Commercial, Mergers & Acquisitions

We provide day-to-day legal assistance on a wide array of Corporate and Commercial matters in relation to the business activities of Willis Towers Watson in Romania. Our legal advice covers various general corporate matters, commercial agreements, general Trade Registry assistance, as well as assistance in the relationship with the competent supervisory authority.

VTB Bank Europe (BF)
Banking & Finance

As co-counsel with the office of White & Case, SAA has assisted VTB Bank (Europe) SE on a financing in the amount of EUR 124 mil granted to Chimcomplex S.A. Borzesti for the acquisition of several asset bundles from Oltchim SA. The team, led by Costin Teodorovici provided legal assistance on matters of Romanian Law in relation to transaction structuring and the Romanian security package, as well as in relation to certain other relevant matters including insolvency, real estate and environmental law issues.

World Class - “Stay Fit Gym Oltenitei” (BF)
Banking & Finance

Advising World Class Romania, the leader in the fitness industry in Romania, with the acquisition of a new fitness club, an area of more than 1300 sq. From the outset of this project, and throughout the entire process, our lawyers were actively involved, the successful team being led by Partner Ramona Iancu.

First Property - Maestro (BF)
Banking & Finance

Advising First Property Group PLC, an award winning property fund manager and investor with operations in the UK, Poland and Romania, in conjunction with a club of investors, on the acquisition of the MAESTRO BUSINESS CENTER Office Building located in Cluj -Napoca, Romania. The assistance provided covered all legal aspects of the transaction from the outset to the financing of the acquisition.

Interpartner Group (BF)
Banking & Finance

Advising Interpartner Group, an European insurance company, during the implementation of several operations in Romania.

Ieba Trust (BF)
Banking & Finance

Advising Ieba Trust S.A., a Romanian financial services company, on various regulatory aspects.

Assurant (BF)
Banking & Finance

Advising Assurant and the UK based insurance intermediary by providing an in-depth analysis of the stage of implementation of the Insurance Distribution Directive in Romania.

World Class Romania (BF)
Banking & Finance

Advising World Class, the largest fitness clubs operator in Romania, in the process of amending existing facilities and obtaining new financing facilities from Raiffeisen Bank Romania, funds that were meant for financing further acquisitions of fitness clubs in Romania.

EDS Group (BF)
Banking & Finance

Advising EDS Group during a complex process of securing EUR 4 million financing facilities from Piraeus Bank Romania to partially finance the acquisition price payable by EDS Group in an M&A deal concerning an important print business in Romania.

Willis Towers Watson (BF)

Advising Willis Towers Watson, a leading global advisory, broking and solutions company, on a continual basis, reviewing company’s general and AML policies.

World Class Romania - MV SRL (CC) (M&A)
Corporate & Commercial, Mergers & Acquisitions

Advising World Class Romania, the leading fitness services provider in Romania with a network of 19 fitness centers in Romania and registering a revenue of EUR 9.6 million in 2014, in acquiring one of its competitors, Club Sport Fitness Center MV SRL.

The acquisition was completed on March 24th, 2016 and in this process, SAA were involved in all the aspects of the transaction.

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