IFLR1000 2011 Edition: “The young firm has quickly developed a good name for itself in the corporate transactional sphere. ACI was established in 2006 after it separated from Ernst & Young.
The firm has advised the European Bank of Reconstruction and Development (EBRD) on a number of complex issues, including a review of commercial law judicial decisions in Moldova, establishing a framework for a Mortgages and Mortgages Lending law (which the firm drafted and was passed in 2008).
In recent highlight transactions, the firm acted for the EBRD to co-finance with EUR10 million the Chisinau Trolleybus Company’s acquisition of 90 trolley buses and development of infrastructure, and to advise the city and transport company on the contract.
The firm acted for Alliance Venture Capital on a EUR25 million acquisition of a wine producer, including advice to the target company for the restructuring of a EUR10 million debt. It acted also for Bemol on a EUR10 million financing from Moldova-Agroindbank and on the concession for the construction of a quay in the International Free Port Giurgiulesti.
ACI also acted for an oil trader on a $25 million loan from Credit Suisse. Elsewhere, the firm advised a global IT solutions company on a $2.7 billion debt restructuring and potential share capital increase schemes and an investment fund on a $23 million concession for the construction and operation of an underground commercial centre. It also advised BT on corporate matters and handled recent deals for media and private equity companies.”