IFLR 1000
The Guide to the World's Leading Financial Law Firms

	Turcan Cazac
	Gladei & Partners Levintsa & Associates PwC Legal
	ACI Partners Buruiana & Partners Law Office of Victor Burac Vernon David & Associates
	Vladimir Iurkovski CA in co-operation with Schoenherr
	Popa & Associates

Gladei is a focused and highly ambitious firm, which is on the cusp of pushing through to tier one. The firm is renowned for having a superlative banking and finance practice, headed up by leading lawyer Roger Gladei, and the firm has got itself heavily involved in what was a very static and tight market.... [more]

Gladei is a focused and highly ambitious firm, which is on the cusp of pushing through to tier one. The firm is renowned for having a superlative banking and finance practice, headed up by leading lawyer Roger Gladei, and the firm has got itself heavily involved in what was a very static and tight market.

One very interesting deal saw a team, headed by Gladei, advising the European Bank for Reconstruction & Development (EBRD) in regards to a secured loan that was earmarked to fund the building of the first ever Moldovan private hospital, called Medpark. The deal had a cross-border quality, with the firm working opposite Turkish and pan-European firms, with the transaction closing definitively in April 2011 for €7.75 million.

Another positive recent deal was Gladei acting for the Black Sea Trade and Development Bank with regard to financing for the Moldovan travel retailer Dufremol. Dufremol had put together an ambitious expansion plan for its duty-free business and the restructuring of these loans helped them to do this. The deal completed in May 2011 for a figure of approximately €4 million.

Inevitably, due to the circumstances, the firm also got involved in a number of restructuring and insolvency proceedings too. Roger Gladei once more advised, leading a team that acted for Epamedia Austria, a leading media company, as it put one of its Moldovan subsidiaries into insolvency. Like many companies affected by the crisis, it became distressed, and Gladei is still currently working on this process, with the value of claims represented said to be €4.5 million.

Managing partner Roger Gladei, as can be seen from the above, was active on almost all the important work the firm undertook this year, but also made time to help draft a new law for the National Commission of Financial Markets, the new non-banking market regulator in Moldova, as well.

[hide]