Along with Roger Gladei, acclaimed by clients as 'the best in the field of banking', Partner Vitalie Ciofu has made his way into the top league.
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."
From: IFLR1000 2010
Gladei & Partners is ranked as a leading law firm in Moldova by the International Financial Law Review (IFLR), 2009 edition
IFLR1000 2009/Moldova/Financial and Corporate:
In its short period of operation, the firm has made its mark on the legal scene, receiving praise from rivals and clients and advising on a number of important international transactions.
"My experience has been very positive," says one client of Gladei & Partners. "I started to work with [Roger] Gladei about a year and half ago when he was a partner at Turcan & Turcan, and when he left to start his own firm I stayed with him. His quality of service is second to none, and his firm is just the same really."
About IFLR1000: The Guide to the World's Leading Financial Law Firms lists only the corporate and financial law firms at the top of their profession in over 100 jurisdictions and the leading lawyers in each practice area. Compiled by a team of legal journalists based in New York, London and Hong Kong, the IFLR1000 includes only the very best law firms and lawyers, selected after extensive research among their peers and clients.
Chambers Europe 2009
Along with Roger Gladei, listed in the Chambers directories from the firm inception, now it is the firm Gladei & Partners which was recommended by clients as a leading Moldovan law firm.
Chambers Europe 2009/Moldova/Dispute Resolution:
This relatively new firm benefits from Roger Gladei's "experience and persuasive manner." His team has quickly made a strong impression on the market, acting for international and domestic clients in regulatory, IP and shareholder disputes.
Chambers Europe 2009/Moldova/General Business Law:
Roger Gladei of Gladei & Partners has experience as both an in-house lawyer and an advocate. Formerly a partner at Turcan & Turcan, he recently founded his own firm, taking many of his clients with him. He has core expertise in capital markets and banking and finance, and also handles a number of projects in the corporate, real estate, telecoms and IP sectors. Gladei is admired for his Western approach and clients say they are full of confidence when entrusting work to him.
From: Chambers & Partners
Best Lawyers 2009
Gladei & Partners scoop the Banking & Finance award of Best Lawyers inaugural edition for Moldova. Two out of three lawyers ranked for Moldova are Roger Gladei and Vitalie Ciofu. Other specialties were our lawyers are ranked are Corporate and M&A and Litigation.
Best Lawyers 2009:
Best Lawyers© is the oldest peer-review publication in the legal profession. For more than 25 years, Best Lawyers compiles lists of outstanding attorneys by conducting exhaustive peer-review surveys in which thousands of leading lawyers confidentially evaluate their professional peers. Because lawyers are not required or allowed to pay a fee to be included, a listing in Best Lawyers is widely regarded within the legal profession as a signal honor, conferred on a lawyer by his or her peers.
Best Lawyers lists are available on all Bloomberg Professional terminals, reaching more than 260,000 top business people across the globe. The website hosts more than 6.4 million page views a year, many of them by Fortune 1000 companies.
From: Best Lawyers
Chambers Europe 2008
The Chambers Guides list the top lawyers in 175 countries, providing independent rankings and editorial commentary. The Chambers researchers talk to clients and find out which law firms they use and how they rate them for their legal ability and client service. On the basis of this research, they identify the world's top lawyers. Inclusion in the rankings is based solely on the research team's findings. No one can buy their way in.
Chambers Europe 2008/Moldova/General Business Law:
As the former general counsel of Victoriabank and a former partner at Turcan, Roger Gladei brings "exceptional banking experience" to his new firm Gladei & Partners. Clients find him "reliable and positive, offering well thought-out and useful advice."
Chambers Europe 2008/Moldova/Dispute Resolution:
Roger Gladei left Turcan & Turcan to set up his own legal practice, Gladei & Partners. Clients report he is "handling cases smoothly and delivering results."
We take pride that our Managing Partner Roger Gladei is the only Moldovan lawyer listed in both of the above practice areas of Chambers Europe 2008 research for Moldova.
From: Chambers & Partners
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