Wood, Oltenasu & Associates SCPA attorneys and business consultants are among Romania’s leading commercial experts and are regularly entrusted to represent clients in high value projects and corporate reorganizations. The firm’s attorneys, consultants, and support staff (consisting of certified expert public accountants and legal translators certified by the Ministry of Justice) are fluent in Romanian, English, French, German, Italian, and Spanish. The firm has a fully equipped and computerized office in Bucharest consistent with modern international practice.
In addition to Romania’s national laws, Wood, Oltenasu & Associates SCPA counsels its clients regarding privatization of Romanian State properties from both the buy side and the sell side, marketing practices, bilateral tax treaties, the U.S. Foreign Corrupt Practices Act, the UN Convention on Contracts for the International Sale of Goods, and International Arbitration Arrangements. Investments are reviewed from the standpoint of insurance coverage under programs of agencies such as the Overseas Private Investment Corporation and the Multi-Lateral Investment Guaranty Agency. Wood, Oltenasu & Associates SCPA also assists clients in preparing financing documentation for international financial institutions such as the European Bank for Reconstruction and Development, the IFC, and the Export/Import Banks of the United States and Romania, with many projects in excess of 100 million USD.
Wood, Oltenasu & Associates SCPA was instrumental in the establishment, and is a founding member, of the Foreign Investors Council, a lobbying group with authoritative access to the Romanian government and legislature, representing approximately 90% of all foreign direct investment in Romania. Gilbert P. Wood, Wood, Oltenasu & Associates SCPA’s Managing Director, is currently a Vice President of the Board of Directors of the Foreign Investors Council.