Vernon David is a law firm established in 2001 which is based in Romania and Moldova. In Moldova, the firm's financial and corporate practice is led by Sergiu Bivol, corporate and M&A, and Roman Ivanov, banking and regulatory. The firm has a strong practice in financial and corporate work achieving top tier status for Moldova in this area. The firm stands out for having both domestic and international (including New York-qualified) lawyers.
Highlights
The firm was advising Horizon Capital Fund on the negotiation and extension of a $140 million facility to one of the largest Moldovan agri-businesses. In one corporate deal, a team acted for Ukraine's TB Fruit in relation to a restructuring in Moldova, including the negotiation of a lease agreement with local municipalities and matters relating to the construction of one of the largest juice facilities in the country.
Elsewhere, the firm was advising one of the country's largest banks, Victoriabank,on a series of projects, including an effort to recover outstanding debt against a large Moldovan commercial group.
The firm was also advising Moldovan clothing company Uniform (Tasci Group) on its acquisition of several production facilities.
Key clients
Royal Danish Embassy, Lafarge Holcim, EBRD, Energbank, BNP Paribas Polska and AIG Europe.