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News from Members DLA Piper cross-practice team assisted Bank Leumi Israel to conclude in record time the agreement with First Bank

DLA Piper cross-practice team assisted Bank Leumi Israel to conclude in record time the agreement with First Bank

by DLA Piper April 19, 2019

Although the agreement required complex advice, it was concluded in a very short timeframe following the long-lasting relation between Bank Leumi Israel and DLA Piper lawyers, their flexibility and notable experience of headline transactions in the Romanian and CEE market, plus the cross-practice approach involving M&A blended with Finance, Projects & Restructuring Practices.

DLA Piper Country Managing Partner Marian Dinu, who led on this transaction, said: "Our firm's M&A and banking law expertise and day-to-day involvement with the market enabled us to provide the dynamic assistance required throughout the stages of this negotiations. We always focus on the client's objectives and strive to innovate in order to achieve them efficiently. Our team, especially Paula Corban-Pelin and Georgiana Stan, to whom I would like to express my appreciation, worked around the clock to make the deal possible."

"Our excellent relationship with Bank Leumi's team as well as our deep knowledge of the sector and extensive M&A experience were the ingredients that have added to the successful signing of this deal in an extremely challenging timeframe. We are proud to have assisted Bank Leumi in this transactions and we will continue to work with them to achieve a successful closing of this transaction.", added Corporate M&A Counsel Paula Corban - Pelin.

DLA Piper cross-practice team has been led by Marian Dinu (Country Managing Partner, ranked Eminent Practitioner Corporate/M&A by Chambers&Partners) and Paula Corban-Pelin (Counsel, Corporate M&A) alongside Georgiana Stan (Managing Associate, Finance, Projects & Restructuring) and Ciprian Frandes (Associate, Corporate).

About DLA Piper:

  1. DLA Piper is a global law firm located in more than 40 countries throughout Europe, the Americas, Asia Pacific, Africa and the Middle East, positioning it to help companies with their legal needs anywhere in the world.
  2. DLA Piper is ranked #1 Global M&A by volume 2018, by Mergermarket and Thomson Reuters.
  3. For further information on DLA Piper, visit our website www.dlapiper.com.

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