Tudor Plapcianu
Tudor Plapcianu is a partner in Norton Rose Fulbright’s Tier 1 structured trade and commodity finance team in the London office. Tudor is recognised as a Next Generation Partner by Legal 500 and is described by clients in Legal 500 as “knowledgeable, highly proactive”, “excellent at anticipating what a client may require” and is recommended for his “Deep trade knowledge”.
Tudor focuses on cross-border trade and commodity finance, with particular expertise in receivables and supply chain finance and structured finance and asset backed transactions in emerging and developed markets.
Tudor's transactional experience includes: receivables purchase facilities; insured receivables financings; invoice discounting and other forms of supply chain finance; inventory financing; borrowing base facilities, pre-payment facilities and receivables securitisations.
Tudor has acted for clients operating in the financial services, FinTech, energy, rail and shipping sectors, as well as sovereigns.
Practice Area
Panel
- Contributing Author
Qualified Year
- 2015
Experience
- Norton Rose Fulbright LLP (2013 - Present)
Qualification
- LLB (2012)
Education
- King’s College London (2012)
2 Contributions by Tudor Plapcianu
PRACTICE NOTES
Distinguishing Receivables Purchases from Loans Secured on Receivables: Legal True Sale, Registration, Fixed v Floating Charges, Collections and Assignment Bans under English Law
Practice Note
This Practice Note provides a concise outline of the principal legal considerations and discussion themes typically faced in practice when financial institutions assess whether to offer receivables purchase or invoice discounting facilities, or instead to advance a loan secured against the value of receivables. There are several reasons why suppliers might opt to sell receivables (on a no recourse or limited recourse basis) rather than borrow...
Banking & Finance
PRACTICE NOTES
Invoice Discounting and Factoring under English Law: Legal and Equitable Assignment, Disclosed and Undisclosed Facilities, Recourse, Set-off, Anti-Assignment Clauses, Priority and Documentation for Receivables Purchases
The use of invoice discounting and factoring of receivables as business finance has expanded markedly in the UK over the past 25 years.
Introduction to receivables purchase transactions
Invoice discounting and factoring fall within receivables purchase arrangements under which a supplier of goods and/or services (often called the seller or the supplier) transfers, typically by way of assignment, debts owed to it by the purchaser of those goods and/or services (commonly referred to as the buyer or the account debtor), usually together with all associated rights.
These receivables purchases are frequently completed at a discounted purchase price. That said, receivables can also be acquired for an amount equal to their face value, with the supplier paying the purchaser a purchase fee. For a variety of reasons, suppliers may opt to sell receivables (on a no recourse or limited recourse basis) in preference to borrowing...
Banking & Finance
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