Turcan Cazac has advised Victoriabank and Banca Transilvania on a club deal loan in Moldova to Lemi Invest S.A. to finance the construction of the first A+ class office building in Chisinau, and a 4-star Courtyard Marriott Hotel. Volciuc Ionescu reportedly advised Victoriabank and Banca Transilvania on matters of Romanian law.
Lemi Invest owns the Shopping MallDova mall in Chisinau that was built in 2008 as the first European-level shopping mall in the Republic of Moldova, on an area of 75,000 square meters. It has close to 100 stores of international brands, dozens of restaurants and leisure areas, cinemas, and more.
The Turcan Cazac team advising the banks on matters of Moldovan law was led by Partner Octavian Cazac and included Partner Vadim Taigorba and Associates Mihai Gutu and Cristian Papanaga.