For a firm established only in 2007 by former Turcan & Turcan partner Roger Gladei, Gladei & Partners entered tier two very early but has since backed its position with an strong client portfolio and a highly-praised banking and finance practice."Other law firms are not so competent in the banking legal area – perhaps they are more generalist – but in the field of banking Roger Gladei is the best," says one client....
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For a firm established only in 2007 by former Turcan & Turcan partner Roger Gladei, Gladei & Partners entered tier two very early but has since backed its position with an strong client portfolio and a highly-praised banking and finance practice.
"Other law firms are not so competent in the banking legal area – perhaps they are more generalist – but in the field of banking Roger Gladei is the best," says one client. Formerly in-house counsel for a bank, Gladei "personally understands all the weak points of the legislation and the problems the banks have with the domestic regulator; he also knows all the basic points of interest with the banks," says another client.
Vouching for its international credibility, the firm has begun to win mandates from the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) – key international financial institutions in Moldova. One international client who used the firm says: "He delivered a good service; we will definitely use him again."
The firm acted for the EBRD in a €20 million small and medium enterprise credit line to Agroindbank, Moldova's largest bank, and in a €20 million senior loan to Mobiasbank, part of Société Générale. Acting for the BSTDB, the firm advised on a €10 million long-term loan to a key player in the Moldovan glass manufacturing industry.
In M&A, Gladei & Partners acted for Cypriot investors in an €8 million acquisition of a local company owning a hotel in Chisinau and advised the majority shareholders of a Moldovan retailer in a €7.5 million share consolidation in the retailer. Partner Vitalie Ciofu advised for shareholders in structuring a joint-venture carpet manufacturer.
The firm has a progressive stance in terms of ethics and reliability. "They have many strong points," says a client, "and credibility is the first."
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