Our Team

Expertise

One of the firm’s founders, Manuela Marina Nestor is a Co-Managing Partner and heads the Banking, Finance and Capital Markets department of NNDKP. Mrs. Nestor has extensive experience in sophisticated transactions in both the public and private sectors. Her practice is distinguished by creative and practical problem solving ability combined with rigorous attention to detail in arriving at the most efficient and satisfactory solutions for the clients. Her expertise focuses on:

• mergers and acquisitions
• privatizations
• restructurings and spin-offs
• bilateral transactions
• syndicated and sub-participated loan
• secured, unsecured and guaranteed loans
• term loans
• revolving, overdraft, swing-line, standing-by and bridging financings
• multiple option facilities
• factoring
• cash-pooling transactions

Prior to founding NNDKP in 1990, Mrs. Nestor acted, before 1989, as Legal Advisor and General Counsel to the Romanian Consulting Institute Romconsult and as General Counsel to the University of Bucharest.

Industry Focus

• automotive
• financial sector
• real estate and construction

Representative Cases and Transactions

• lead counsel in the acquisition by a major US car manufacturing of a majority stake in a local car factory, including: post privatization restructuring, securing project financing from the European Investment Bank, state aid grant, and arbitration of a historic pollution claim
• counsel to a leading beverages producer in connection with the acquisition of the controlling interest in a joint venture with a former factory
• counsel to a leading consumer goods manufacturer in connection with the acquisition of the controlling interest in a Romanian detergent manufacturing company
• counsel to a leading ship manufacturer in connection with the acquisition of the controlling equity interest in a local shipyard
• counsel to a premier resins manufacturer in connection with the acquisition of a controlling interest in a joint venture with a chemical plant and with post-transaction matters related to the client’s day-to-day activities
• counsel to a major oil and gas service company and its European affiliates in the acquisition of the controlling equity interest in two local players, as well as in the public offering to purchase all shares of one of them and in the squeeze-out procedure
• counsel to the largest financial institution across the globe in connection with the restructuring of the Romanian privatization legislation by participating in the drafting of the 1999 Privatization Law and of the implementing methodology norms
• counsel as part of an international consortium in connection with the restructuring of the former state owned telecommunications operator, transformation into a joint stock company and privatization via selling of the controlling equity interest
• lead counsel in a project finance deal including a major equity financing component and involving a major Japanese bank as lender, related to the restructuring of a Romanian company active in the field of automobile spare part business, following its exit in favor of the leading French tires manufacturer and distributor, a project totaling over 120 million EUR
• counsel to the former investment banking division of a major international financial institution, in connection with the creation of the security package in Romania for a loan granted to an important player in steel manufacturing for an amount of 500 million USD