TZA Insolvenţă S.P.R.L., the specialized insolvency arm of Ţuca Zbârcea & Asociaţii, has announced the recruitment of a well-reputed insolvency practitioner from RVA Insolvency Specialists S.P.R.L. George Paul Enescu has joined TZA Insolvenţă S.P.R.L., after having worked for 10 years at RVA Insolvency Specialists S.P.R.L., one of the leading liquidation and reorganization companies in Romania.
With a significant experience of more than 13 years as an economist and 9 years as an insolvency practitioner, George Paul Enescu has earned his reputation as a specialist in insolvency proceedings. Member of the Bucharest Branch of U.N.P.I.R. (National Union of Insolvency Practitioners of Romania) since 2001, he has gained solid expertise in insolvency, having handled specific receivership/liquidation tasks by managing judicial reorganization, judicial liquidation (bankruptcy) and voluntary liquidation projects.
According to TZA Insolvenţă S.P.R.L. representatives, the recruitment of George Paul Enescu is part of the company’s medium-term development strategy to strengthen its insolvency practice: “George is an excellent insolvency practitioner, with a solid background and proven track record in this area. He will definitely bring real value to our business. After two years of activity, TZA Insolvenţă S.P.R.L. enters a new phase, one in which we aim at expanding both our portfolio of projects and our team by recruiting outstanding professionals in this field”, stated Robert Roşu, insolvency practitioner and coordinator of TZA Insolvenţă S.P.R.L. and also a Partner at Ţuca Zbârcea & Asociaţii.
George Paul Enescu has also acquired an extensive experience in providing legal assistance and representation for insolvent companies, in both the commonly encountered procedures, as well as in various special procedures, such as coordinating the debtor’s business, analysis and recovery of debts, assessment and capitalization of assets and also deciding the procedural strategy required for the sale thereof.
Another activity that George Paul Enescu undertakes on a regular basis is the provision of business and management consultancy, particularly in what regards the development of the business strategies required to keep afloat and redress companies undergoing receivership, by designing restructuring plans for financially distressed businesses.
George Paul Enescu has been responsible for or directly involved in the following projects: judicial liquidation of BANKOOP in collaboration with PricewaterhouseCoopers; administration and judicial liquidation of S.C. Romcereal S.A.; judicial liquidation of S.C. Trimond S.A.; voluntary liquidation of S.C. Republica S.A. in collaboration with the Authority for State Assets Recovery (AVAS); judicial liquidation of S.C. Republica S.A., declared bankrupt; judicial liquidation of S.C. Extrapan S.A. etc.
About TZA Insolvenţă S.P.R.L.:
TZA Insolvenţă S.P.R.L. is the specialized unit of Ţuca Zbârcea & Asociaţii law firm. TZA Insolvenţă S.P.R.L., a member of the National Union of Insolvency Practitioners of Romania, was registered in the Registry of Professional Companies in Insolvency under no. RSP 0364 on the 23rd of January 2009.
Drawing from the extensive expertise gained by the lawyers in Ţuca Zbârcea & Asociaţii especially in the field of debt recovery and debt restructuring, TZA Insolvenţă S.P.R.L. was established as a professional company consisting of a resourceful team of lawyers, who have also acquired the capacity of insolvency practitioners.
TZA Insolvenţă S.P.R.L. consists of insolvency practitioners, as well as lawyers with a broad expertise in restructuring procedures, mergers and acquisitions, spin-offs, sales and purchases of assets / commercial assets, arbitration, commercial and civil disputes, debt recovery and debt restructuring.