The Legal 500

Moldova

Editorial

Index of tables

  1. Legal market overview
  2. Leading individuals

Leading individuals

    • Octavian Cazac – Turcan Cazac
    • Roger Gladei – Gladei & Partners
    • Alexandru Munteanu – PricewaterhouseCoopers Legal
    • Diana Neagu – Vernon | David
    • Igor Odobescu – ACI Partners Law Office
    • George Teodorescu – Vernon | David
    • Alexander Turcan – Turcan Cazac

Helpful, responsive and very efficient’, Turcan Cazac is ‘the gold standard for Moldova’. The firm has earned a good reputation under managing partner Alexander Turcan and the ‘really smart’ Octavian Cazac. Clients praise the ‘excellent work’ of Mariana Stratan and litigator Iulia Furtuna. Turcan recently assisted F Hoffman-La Roche with establishing a Moldovan subsidiary, and Cazac advised International Finance Corporation on a $50m loan to finance Trans-Oil group companies. Other clients include the European Bank for Reconstruction and Development (EBRD) and Kraft Foods.

Clients describe Vernon | David as ‘the leading international law firm in Moldova’, and it is noted for commercial contracts, banking and finance deals, employment law, regulatory reform and legislative drafting. The firm is advising Air Moldova on its privatisation. Other clients include Sun Communications and British American Tobacco. ‘Smart, tough negotiator’ Diana Neagu and the ‘responsive and thoughtful’ George Teodorescu are ‘enthusiastic and really focus on solving problems’, say clients; they ‘put themselves in their clients’ shoes and think through the big picture and the details’.

ACI Partners Law Office is ‘an important player in the market’, and has ‘very active, modern-thinking lawyers who serve their clients well’. Igor Odobescu’s team, which includes many lawyers formerly at Ernst & Young, is especially skilful in corporate matters and competition law. Cristina Martin and Carolina Parcalab are highly regarded for M&A deals. Tax expert Serghei Filatov advised Doehler GmbH on the purchase of a Moldovan juice concentrate producer.

Gladei & Partners’ lawyers ‘know how corporations work both locally and on the international market’, and are ‘second to none on quality of service’. Roger Gladei is ‘very well known for finance work and does it well’. He advised the World Bank on legal amendments arising from its Secured Transactions Reform, and represented a US technology company in Moldovan aspects of an $8.5m acquisition. Clients also praise ‘passionate and dedicated litigator’ Vitalie Ciofu.

PricewaterhouseCoopers Legal has ‘a very good and professional team’ that provides ‘high-quality advice balancing risks and benefits’. Alexandru Munteanu, who shows ‘good communication skills, flexibility and thoroughness’, advised Moldova’s Ministry of Economy on the restructuring of Termocom and its power plants, and represented Chisinau International Airport in a large PPP project. The team, which is described as being ‘the best choice when comprehensive and thorough analysis is needed’, also includes M&A specialist Marin Moraru.

Schoenherr Chisinau is ‘cost-efficient and has an impressive level of knowledge’. It is a growing force in dispute resolution and tax advice. Vladimir Iurkovski is known for ‘integrity and playing by the rules’. He regularly advises the Austrian embassies in Romania and Moldova and the Moldovan Ministry of Economy. He also provides corporate advice to energy companies OMV Group and ICS Petrom-Moldova.

Mihail Buruiana at Buruiana & Partners advises on cross-border corporate and finance deals and acts in disputes. EBRD is a client.

Popa & Associates’ finance and tax expert Igor Popa is ‘very good at winning mandates’, and is good value for money for domestic and international clients.

Press releases

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Legal Developments in Moldova

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Moldova: A New Insolvency Act

    The Moldovan Parliament adopted a new insolvency law on 29 June 2012. The Insolvency Act No. 149 (Act No. 149), which will enter into force on 14 March 2013, is evolutionary rather than revolutionary, as its main goal appears to be the optimization of the existing insolvency procedures. Following the new act’s entry into force, insolvency cases shall fall under the competence of the court of appeal where the seat of the debtor is located. Also each such court of appeal shall hold a public register of insolvency cases.
  • What a Foreigner should know before becoming a Member of a Supervisory Board

    What a Foreigner should know before becoming a Member of a Supervisory Board in a Moldovan Joint-stock Company

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • VEGAS LEX works on regional airports development strategy

    The VEGAS LEX law firm is working on a strategy to develop international airport hubs based on regional airports in Russia.
  • Commercial Litigation and Arbitration Forum: recognition and enforcement of English court judgments

    Head of VEGAS LEX's Dispute Resolution Practice Kirill Trukhanov spoke at the Legal Week Commercial Litigation and Arbitration Forum in London last week
  • VEGAS LEX drafts local air services financing program

    The VEGAS LEX law firm is working on proposals concerning additional funding sources for regional air service programs in Russia
  • Positive Developments for the Economy of Cyprus

    800x600 It has been around one year and a half since the Eurogroup decisions to recapitalise Bank of Cyprus via a bail-in on 25 th of March 2013. Cyprus has worked hard since then to exit the financial crisis and to maintain its status and reputation as an international financial centre. Within October 2014, several positive developments which took place suggest that Cyprus is on a good path. These positive developments include: Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri","sans-serif";} Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri","sans-serif";}
  • VDB Loi assists with first Commercial Tax registration by a non-resident

    VDB Loi, a leading legal and tax advisory firm in Myanmar, was this week able to register an unnamed non-resident foreign company without a branch in Myanmar for Commercial Tax (CT) purposes. According to Myanmar’s tax laws, 5% CT is due on, among other things, all services rendered in the country. This includes services that are performed in Myanmar by foreign or non-resident companies such as engineering, installation, drilling or consulting. Until recently, however, there was confusion about the implementation by foreign companies, many of which were under the impression that the CT did not apply to them, unless they formally opened a branch in the country. That confusion has now been lifted as the Internal Revenue Department (IRD) has issued the first CT registration for a foreign service provider who has no presence or branch in Myanmar.
  • Péter Köves elected Vice President of IBA Bar Issues Commission

    Péter Köves has been elected as the Vice President of the Bar Issues Commission of the International Bar Association ("IBA"), the world's largest association for lawyers, law firms and bars.
  • "POPOV & PARTNERS” WITH A NEW ADDRESS

    We are pleased to inform you that, from 28.10.2014 onward, "Popov & Partners" Law office will be working and admitting clients at a new location. Striving to be closer to the clients, the business and the institutions, we have chosen a site situated at the heart of downtown Sofia, which has excellent transport links and is easily accessible from all parts of the city. The address is: Sveta Nedelya Square N 4, floor 4.We are pleased to inform you that, from 28.10.2014 onward, "Popov & Partners" Law office will be working and admitting clients at a new location. Striving to be closer to the clients, the business and the institutions, we have chosen a site situated at the heart of downtown Sofia, which has excellent transport links and is easily accessible from all parts of the city. The address is: Sveta Nedelya Square N 4, floor 4.
  • Moldova: Amendments to the Legislation on Pledges

    On 25 July 2014, the Parliament of the Republic of Moldova (Moldova) adopted Act No. 173/2014 on amending and supplementing of certain legal acts (Act No. 173). Act No. 173 will enter into force on 8 November 2014 and will inter alia change the Act No. 449/2001 on pledges (Pledges Act). The effected changes will have a direct impact on both guarantees issued before the entrance into force of the Act No. 173 (which will have to be dealt under the new legal provisions) and on obligations to be secured under the new legal frame. Act No. 173 is also meant to introduce a series of novelties into Moldovan legislation.  read more...
  • Avellum Partners’ Tax Practice Recommended by International Tax Review

    Kyiv, 22 October 2014  - Avellum Partners is proud to announce that our Tax Practice has been highly recognized by International Tax Review (" ITR "), a highly reputable international magazine for tax professionals published by Euromoney Plc. In particular, Avellum Partners was ranked within Tier 3 according to the World Tax and World Transfer Pricing 2015 proving its leading reputation in Ukraine.
  • Boult Wade Tennant grows the Trade Mark and Domain Names team with six new professionals