Legal related articles
Reading Time: 3 minutes A Promising Start Interchem Distribution Europe OÜ, a company specializing in the import and export of chemicals, had a plan for increasing trading volumes but was lacking finances so it applied for the missing funds with a business loan. The conditions for financing were strict, requiring a personal guarantee of the sole board member and …
Reading Time: 4 minutes In the world of business, transparency and integrity are the cornerstones of trust. When these principles are compromised, the ripple effects can jeopardize an entire company’s stability and reputation. This article sheds light on the unsettling revelations about Maxim’s conduct as a board member at RE24 ESP, highlighting conflicts of interest, financial mismanagement, and the …
Continue reading “The Financial Misconduct: A Deep Dive into Maxim Enachi Actions”
Reading Time: 2 minutes During the period from 2020 to 2023, the real estate market in Moldova experienced significant growth, with prices rising by approximately 30% on average, and even higher for newly built properties (40-50%). Additionally, the average official income per person increased from 8,860 MDL at the end of 2020 to 13,400 MDL in Q4 of 2023. …
Continue reading “Moldova’s Property Boom and Its Bumpy Road: Growth, Legal Issues, and Hope”
Reading Time: 9 minutes The main purpose of this update is to provide you with a full overview of the current situation with each project, together with relevant documents. All the actions we have taken in 2023 had a single goal, to protect the investment projects and the invested capital. That is also the main priority for the new …
Continue reading “The audit results overview of the Spanish branch operations”
Reading Time: 5 minutes In this blog article, you can find the details (together with hyperlinks to court documents) of the legal process in Moldova, related to the recovery process against the borrower Kirsan Com S.R.L., the borrower of the Green Park Home residential development project. Project Project start Planned duration Collaterals Green Park Feb. 2022 7 months Cadastral nr. …
Continue reading “Green Park (Titulescu 36) Kirsan Com S.R.L. legal case overview – Kirsan”
Reading Time: 5 minutes In this blog article, you can find the details (together with hyperlinks to court documents) of the legal process in Moldova, related to the recovery process against the borrower Metropolis City S.R.L., with 3 projects involved in the Chisinau Metropolis district: Project Project start Planned length Collaterals Metropolis 4D Jun. 2020 12 months Cadastral nr. …
Continue reading “Metropolis City S.R.L. legal case overview – Kirsan”
