ACI Partners Newsletter No.1

ACI Partners Newsletter No.1

• 19.06.2015

Arbitration in Moldova: per aspera ad astra

On 26 May 2015 the National Institute of Justice hosted a seminar “Practices and skills for making arbitration decisions”. The seminar was organized by the Chamber of Commerce and Industry of the Republic of Moldova (CCI) in cooperation with the Centre for Effective Dispute Resolution (CEDR), financially supported by the European Bank for Reconstruction and Development. The purpose of the seminar was to provide training to arbitrators of the International Commercial Arbitration Court of CCI on practices and competences for making arbitration decisions.

Currently there are 29 qualified and experienced local and 30 reputable international arbitrators on the list of the International Commercial Arbitration Court. Two partners of ACI Partners, Igor Odobescu and Cristina Martin are included in the list, approved by the Decision of the Council of the Chamber of Commerce and Industry of Republic of Moldova on November 25th, 2011. The entire list may be accessed following the link: http://arbitraj.chamber.md/index.php?id=124

The seminar was conducted by Jeffrey Benz, experienced counsel, arbitrator and mediator in disputes and transactions, which focused on key issues from international perspective. Apparently this was the time when a foreign arbitrator was sharing knowledge with local specialist in such a format. It was a great opportunity for ACI Partners arbitrators, along with several other local arbitrators to address a number of questions to the expert which were discussed internally. His comments were rather useful and will surely help to add quality and quantity changes to the Moldovan arbitration practice.

The seminar has raised a big question: what does local business know about arbitration institution in Moldova? This question is even more “painful” in the context of all projects promoting alternative methods of dispute resolution, financed by international organisations and institutions, and in the context of achieving justice sector reform strategy in Moldova.

ACI Partners Expands: Maia Pircalab Heads Banking & Finance

Chisinau, Moldova – ACI Partners, high profile Moldovan law firm announced Maia Pircalab, one of the leading Banking Law specialists in Moldova, had joined the firm as Head of Banking & Finance Service Line of ACI Partners Law Office.

Maia has more than fifteen years of experience in Banking & Finance, providing legal assistance to domestic and international customers. She has advised and represented, inter alia, international companies in establishing financial and banking institutions as well as managing their activities in Moldova. She has been engaged for thirteen years in a financial institution and in a financial company, both part of a worldwide financial group.

Maia brings to the firm strong sector experience having been the Head of Internal Services Department and Head of Legal and Compliance Department in one of the major Moldovan banks. The new valuable acquisition of ACI Partners thus will strengthen the firm’s Banking & Finance Practice Area to match the increased demand of our clients in qualified and efficient service.

ACI Teams welcomes Maia, an outstanding specialist and a sincere and amiable person!

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ACI Partners

ACI Partners is a dynamically growing Moldovan law firm with an expanding network of partners throughout Europe. ACI Partners was established by separation of the legal business from Ernst & Young Moldova and as such it draws from the latter|s long-acknowledged ability to offer competent advice. ACI Partners’ business strategy is to deliver a solid and reliable service, which the clients may turn to whenever they need. To reach this goal, ACI Partners employs a personalized approach to each client, showing a genuine respect for their values and unqualified commitment to their interests and needs, steadily investing in knowledge and data management and ensuring a working environment consistent with their clients’ quality demands and high expectations.