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Key contacts
Founding Partner: Bruno Leroy
Partner: Andreea Toma
Quick facts
Team structure

2 Partners

Number of lawyers

20

Network memberships

IBA, ISDA

Languages

Romanian, English, French, Spanish, Hungarian

Key practice areas
Banking and finance
Banking
Project finance
Capital markets
Capital markets : Debt
Capital markets : Equity
Financial and corporate
Corporate and M&A
M&A
Energy and infrastructure
Project development
Firm overview

Leroy and Associates is one of the most prestigious law firms in Romania that has been providing legal assistance and representation services in all areas of business law for over 25 years. Originally set up as the local office of Gide, the team at Leroy și Asociații has gained national and international recognition due to its contribution on some of the most significant investments and transactions in Romania.

The firm has a team of more than 20 lawyers with first rate legal skills and leading market knowledge. The Firm provides its multinational, international institution, SME and local company clients with the full range of services to meet their specific legal needs and to facilitate smooth interaction with the Romanian authorities and other stakeholders.

Leroy şi Asociaţii is structured into different teams which specialize in the main areas of business law: Corporate M&A | Banking & Finance | Competition, Distribution & Consumer Law | Real Estate | Energy & Natural Resources | Projects & Infrastructure | Intellectual Property & Data Protection| Employment | Dispute Resolution . “

Client feedback

"Very good knowledge of the Romanian legal and regulatory framework for derivatives."

Key transactional practices
  • Banking
  • Capital markets: Debt; Derivatives; Equity
  • CLO/CDO
  • Competition
  • Financial restructuring and regulatory 
  • M&A
  • PPP/PFI
  • Private equity
  • Project bonds
  • Project finance and development
  • Real estate finance
  • Restructuring and insolvency
Key practice contacts and recent transactional highlights

Mergers & Acquisitions:
Bruno Leroy - Founding Partner
bruno.leroy@leroylaw.ro

  • Advising the world's leading dairy company on the acquisition of both Albalact (this was the first significant voluntary takeover bid carried out on the Bucharest Stock Exchange) and Covalact, two of the leading dairy producers in Romania.

Banking & Finance
Andreea Toma - Partner
andreea.toma@leroylaw.ro 

  • Advising an international finance institution in connection with the initial public offering (IPO) and listing on the Bucharest Stock Exchange of Purcari Wineries.
  • Advising an international financial institution on the financing of MedLife Group, as well as the initial public offering (IPO) and listing on the Bucharest Stock Exchange of MedLife SA.
Sector expertise
  • Automotive
  • Aviation
  • Banking
  • Consumer goods and services
  • Energy
  • Financial services
  • Gaming
  • Healthcare & Pharma
  • Industrials
  • Insurance
  • Media
  • Natural resources
  • Oil and gas
  • Real estate
  • Shipping
  • Tech and telecoms
  • Transport
  • Utilities
Address:
10th-12th Maior Gh. Şonţu St.
District 1
Bucharest - 011448
Tel:+40 21 223 03 10 Fax:+40 21 223 03 42 Email:Contact Us Web Address:http://www.leroylaw.ro
Rankings published in 2026
Banking and finance
Tier 4
31 firms ranked
View full list

Tier 1

CMS Cameron McKenna Nabarro Olswang
11 practice areas
View profile
Clifford Chance Badea
11 practice areas
View profile
Dentons Europe - Zizzi si Asociatii SPARL
6 practice areas
View profile
Radu Tărăcilă Pădurari Retevoescu SCA (RTPR)
11 practice areas
View full profile

Tier 2

Kinstellar
11 practice areas
View profile
Nestor Nestor Diculescu Kingston Petersen
10 practice areas
View full profile
Schoenherr & Asociaţii
11 practice areas
View profile
Ţuca Zbârcea & Asociaţii
11 practice areas
View full profile

Tier 3

Filip & Company
10 practice areas
View profile
Muşat & Asociaţii
11 practice areas
View full profile
Reff & Asociaţii - Member of Deloitte Legal
10 practice areas
View full profile
Volciuc-Ionescu
10 practice areas
View profile
Wolf Theiss
8 practice areas
View profile

Tier 4

Bulboaca & Asociaţii
9 practice areas
View profile
Leroy & Asociaţii
11 practice areas
View full profile
Popescu & Asociatii
7 practice areas
View full profile
Popovici Niţu Stoica & Asociaţii
11 practice areas
View profile
Suciu Partners
9 practice areas
View profile

Tier 5

DLA Piper Dinu
7 practice areas
View profile
Zamfirescu Racoti Vasile & Partners
9 practice areas
View profile

Notable

D&B David si Baias
6 practice areas
View full profile
Drakopoulos
6 practice areas
View profile
Legal Ground
9 practice areas
View profile
Pavel Margarit & Associates
2 practice areas
View profile
PeliPartners
4 practice areas
View profile
Rădulescu & Mușoi Attorneys at Law
4 practice areas
View profile
Stratulat Albulescu Attorneys at Law
6 practice areas
View profile
Vlăsceanu & Partners
4 practice areas
View full profile
Voicu & Asociații SCA
9 practice areas
View profile
Capital markets : Debt
Notable
14 firms ranked
View full list

Tier 1

Clifford Chance Badea
11 practice areas
View profile
Filip & Company
10 practice areas
View profile
Radu Tărăcilă Pădurari Retevoescu SCA (RTPR)
11 practice areas
View full profile

Tier 2

Dentons Europe - Zizzi si Asociatii SPARL
6 practice areas
View profile
Schoenherr & Asociaţii
11 practice areas
View profile

Tier 3

Kinstellar
11 practice areas
View profile
Muşat & Asociaţii
11 practice areas
View full profile
Volciuc-Ionescu
10 practice areas
View profile
Ţuca Zbârcea & Asociaţii
11 practice areas
View full profile

Notable

CMS Cameron McKenna Nabarro Olswang
11 practice areas
View profile
Dutescu & Partners
2 practice areas
View profile
Legal Ground
9 practice areas
View profile
Leroy & Asociaţii
11 practice areas
View full profile
Capital markets : Equity
Notable
15 firms ranked
View full list

Tier 1

Clifford Chance Badea
11 practice areas
View profile
Filip & Company
10 practice areas
View profile
Schoenherr & Asociaţii
11 practice areas
View profile

Tier 2

CMS Cameron McKenna Nabarro Olswang
11 practice areas
View profile
Dentons Europe - Zizzi si Asociatii SPARL
6 practice areas
View profile
Radu Tărăcilă Pădurari Retevoescu SCA (RTPR)
11 practice areas
View full profile

Tier 3

Muşat & Asociaţii
11 practice areas
View full profile
Nestor Nestor Diculescu Kingston Petersen
10 practice areas
View full profile
Popovici Niţu Stoica & Asociaţii
11 practice areas
View profile
Ţuca Zbârcea & Asociaţii
11 practice areas
View full profile

Notable

Dutescu & Partners
2 practice areas
View profile
Leroy & Asociaţii
11 practice areas
View full profile
Popescu & Asociatii
7 practice areas
View full profile
Reff & Asociaţii - Member of Deloitte Legal
10 practice areas
View full profile
Stoica & Asociatii
2 practice areas
View profile
M&A
Tier 4
42 firms ranked
View full list

Tier 1

CMS Cameron McKenna Nabarro Olswang
11 practice areas
View profile
Radu Tărăcilă Pădurari Retevoescu SCA (RTPR)
11 practice areas
View full profile
Schoenherr & Asociaţii
11 practice areas
View profile

Tier 2

Clifford Chance Badea
11 practice areas
View profile
Filip & Company
10 practice areas
View profile
Nestor Nestor Diculescu Kingston Petersen
10 practice areas
View full profile
Popovici Niţu Stoica & Asociaţii
11 practice areas
View profile
Wolf Theiss
8 practice areas
View profile
Ţuca Zbârcea & Asociaţii
11 practice areas
View full profile

Tier 3

D&B David si Baias
6 practice areas
View full profile
DLA Piper Dinu
7 practice areas
View profile
Dentons Europe - Zizzi si Asociatii SPARL
6 practice areas
View profile
Kinstellar
11 practice areas
View profile
Muşat & Asociaţii
11 practice areas
View full profile
Reff & Asociaţii - Member of Deloitte Legal
10 practice areas
View full profile
Stratulat Albulescu Attorneys at Law
6 practice areas
View profile
Suciu Partners
9 practice areas
View profile

Tier 4

Leroy & Asociaţii
11 practice areas
View full profile
Popescu & Asociatii
7 practice areas
View full profile
bpv Grigorescu Ştefănică
11 practice areas
View profile

Tier 5

AS LEGAL ADVICE
3 practice areas
View full profile
Bulboaca & Asociaţii
9 practice areas
View profile
Glodeanu & Partners
3 practice areas
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MPR Partners
3 practice areas
View profile
ONV LAW
4 practice areas
View profile
PeliPartners
4 practice areas
View profile
Peterka & Partners
6 practice areas
View profile
Vernon | David
5 practice areas
View profile
Voicu & Asociații SCA
9 practice areas
View profile
Volciuc-Ionescu
10 practice areas
View profile

Notable

Biriș Goran
2 practice areas
View profile
Băncilă Diaconu și Asociații
6 practice areas
View profile
Drakopoulos
6 practice areas
View profile
LYNX Romania
3 practice areas
View profile
Legal Ground
9 practice areas
View profile
Mitel & Asociaţii
5 practice areas
View profile
Pavel Margarit & Asociaţii
4 practice areas
View profile
Rădulescu & Mușoi Attorneys at Law
4 practice areas
View profile
Stratula & Asociaţii
2 practice areas
View profile
Vlăsceanu & Partners
4 practice areas
View full profile
Project development
Tier 3
31 firms ranked
View full list

Tier 1

Nestor Nestor Diculescu Kingston Petersen
10 practice areas
View full profile
Schoenherr & Asociaţii
11 practice areas
View profile
Ţuca Zbârcea & Asociaţii
11 practice areas
View full profile

Tier 2

CMS Cameron McKenna Nabarro Olswang
11 practice areas
View profile
Dentons Europe - Zizzi si Asociatii SPARL
6 practice areas
View profile
Popovici Niţu Stoica & Asociaţii
11 practice areas
View profile
Suciu Partners
9 practice areas
View profile

Tier 3

Clifford Chance Badea
11 practice areas
View profile
DLA Piper Dinu
7 practice areas
View profile
Filip & Company
10 practice areas
View profile
Kinstellar
11 practice areas
View profile
Leroy & Asociaţii
11 practice areas
View full profile
Muşat & Asociaţii
11 practice areas
View full profile
Radu Tărăcilă Pădurari Retevoescu SCA (RTPR)
11 practice areas
View full profile
Volciuc-Ionescu
10 practice areas
View profile
bpv Grigorescu Ştefănică
11 practice areas
View profile

Tier 4

Glodeanu & Partners
3 practice areas
View profile
ONV LAW
4 practice areas
View profile
PeliPartners
4 practice areas
View profile
Popescu & Asociatii
7 practice areas
View full profile
Reff & Asociaţii - Member of Deloitte Legal
10 practice areas
View full profile
Stratulat Albulescu Attorneys at Law
6 practice areas
View profile
Voicu & Asociații SCA
9 practice areas
View profile
Wolf Theiss
8 practice areas
View profile

Notable

Bulboaca & Asociaţii
9 practice areas
View profile
Băncilă Diaconu și Asociații
6 practice areas
View profile
Ijdelea & Associates
2 practice areas
View profile
Mihailescu Legal
1 practice area
View profile
Nyerges & Partners
2 practice areas
View profile
Pavel Margarit & Asociaţii
4 practice areas
View profile
Vlăsceanu & Partners
4 practice areas
View full profile
Linked Reviews
Financial and corporate

Leroy & Asociaţii is a full-service Romanian firm established in 1998 after a spin-off from Gide Leroy & Asociaţii.The firm has a particular focus on banking and finance and project development work but is also highly active in M&A work. The firm also has a particular specialism in assisting with financial services regulatory questions in these practice areas.

 

Highlights 

The firm advised Raiffeisen Bank International (RBI) in connection with Romanian netting and financial collateral issues when entering into repo transactions with sovereign-owned entities such as CEC Bank.

The firm is advising Suez International on the $100 million Bucharest Waste Water Treatment & Mud Incinerator Plant project.

 

Key clients 

The International Swaps and Derivatives Association, The International Capital Market Association, The International Securities Lending Association, European Federation of Energy Traders, and UniCredit Bank.

 

Testimonials 

(2024/2025)

“Good commercial approach and solution oriented, flexible and supportive in finding solutions to move beyond sticking points. very good technical knowledge and experience which proved helpful to support the negotiation and drafting.” (Bank lending client) 

“Professional excellence, attention to detail, effective communication and empathy.” (Project development client)  

“He assists Andreea Toma for the preparation of claims and correspondence in view of the upcoming arbitration procedure with the Client. He is very proactive and assists us in drafting the legal correspondence.” - Mihnea-Ioan Ratiu, Project development Senior Associate 

“Solid legal knowledge, intuitive, always available.” - Adriana Spataru, Banking and finance counsel. 

“Creative problem solving, commercial awareness, persuasive communication.” - Andreea Toma, Firm partner 

“She provides legal counsel for the preparation of claims and correspondence in view of the upcoming arbitration procedure with the Client. She has in-depth knowledge of contracts and industry; she provides excellent counseling and is very proactive.” - Andreea Toma, Firm partner

5 results5 results
Deal Highlights
1 results1 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
BNP Paribas - Securitisation
2020-01-01
Leroy & Asociaţii
Oman
Securitisation
Andreea Toma
BNP Paribas
Underwriter
Sponsored

Sponsored

  • IFLR1000
    Sponsored by Leroy & Asociaţii
    VINCI Energies, a global leader in energy solutions and information technology, signed on July 16, 2025, an agreement to acquire, subject to regulatory approvals, the EnergoBit Group, one of the leading energy solutions providers in Romania. This transaction is part of VINCI Energies' broader expansion strategy in Central and Eastern Europe and reinforces the company’s commitment to the regional energy transition.