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Business judgment rule is a jurisprudential concept developed by the American courts, regulated in the corporate laws of many European states, and recently established in the Civil Code of the Republic of Moldova, according to which the administrator is not responsible for every managerial decision that later turns out to be wrong, but only for decisions that he knew or should have known, taking into account a number of criteria, that might be wrong.
Speakers
Nicolae
Eșanu
Lawyer, former Secretary of State at the Ministry of Justice
Nicolae Esanu has over 25 years of experience in the field of law.
Nicolae Esanu served as Deputy Minister of Justice, and later as Secretary of State at the Ministry of Justice.
From 2005 until now Nicolae Esanu is a member of the Venice Commission.
During his professional activity, Nicolae Esanu was a member of the working group for the drafting of the Family Code and the Civil Code.
Nicolae Esanu is an attorney at law and a member of the Moldovan Bar Association.
Oleg Efrim
Efrim, Rosca & Associates
Oleg Efrim is the co-founder and managing partner of ERA law firm.
Oleg Efrim has been involved in large, high profile investment projects and successfully represents the interests of numerous national and international clients in the law courts of the Republic of Moldova.
Oleg’s career in the public sector – in his capacity of Ombudsman for the Republic of Moldova, Vice Minister and then Minister of Justice – includes extensive experience in the regulatory, public procurement, and other public domain fields.
Oleg was nominated by the reputed Best Lawyers publication in Litigation Section in 2008. Chambers & Partners has nominated Oleg in the Litigation Section in 2009.
Octavian
Cazac
Turcan Cazac Law Firm
Octavian Cazac is the name partner of the Turcan Cazac Law Firm.
Octavian Cazac is a recognized expert in Moldovan project finance and syndicated finance, cross-border M&A and PPPs. Octavian is recommended as a Band 1 lawyer by Chambers Global, which has emphasized that clients are impressed with his skills, stature in the community, responsiveness, and pragmatism. He is also cited as a leading lawyer in the IFRL1000 and Legal500 editorials, being recommended as “reliable, smooth, trustworthy and prompt.”
Since 2014 Octavian has been involved in reforming Moldova's private laws and in particular the Moldovan Civil Code.
