London, UK - Reputable British editorial IFLR1000 has recently published the results of its assessment of Moldova's financial and corporate legal market for 2013-2014. According to the researchers, clients, peers and market researchers continue to position Turcan Cazac as the only Tier 1 law firm in Moldova.
The editorial points out that "Clients are pleased with the work of the firm, citing a high competence level among the lawyers as one of the key positives of the team. 'Assistance was provided to a high qualification level,' says one. 'All necessary documents and actions were carried out in a timely manner and, as a result, we obtained the required registration.'
The firm continues to be involved in some of the biggest deals in the market. For example it advised both the European Bank for Reconstruction and Development on its €24 million loan and the European Investment Bank (EIB) on another €24 million loan to Apa Canal, the main water supply and wastewater treatment company which is wholly-owned by the city of Chisinau.
The firm also advised the EIB with the financing of €20 million to local bank Mobiasbanca for the purposes of financing its portfolio of projects involving small and medium-sized enterprises and mid-cap companies."
In addition, the research recognizes partners Alexander Turcan and Octavian Cazac as leading lawyers in Moldova; the firm partners having earned this recognition from IFLR1000 in past years as well.
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The IFLR1000 editorial focuses on financial and corporate law and has established itself as a leading law publication globally, along Legal 500 and Chambers Global/Europe. The publication started covering the Moldovan market in 2008 and has recognized Turcan Cazac as Moldova's only Tier 1 law firm since the very beginning.
The results of the research are based on client feedback, transactional evidence and peer feedback. The results aim to reflect a law firm's technical ability, accessibility and communication, the depth of the team, the value for the money, as well as the client-lawyer relationship and connections with international networks.