“Business Opportunities in the Republic of Moldova: Country Presentation” Luncheon in Miami, FL

MACC’s Mark Meyer Named to World Bank ICSID Panel

Mark A. Meyer, National Chairman of the Moldovan-American Chamber of Commerce, was designated by the Republic of Moldova to the Panel of Arbitrators of the International Center for the Settlement of Investment Disputes (ICSID) for a six year term ending October 13, 2017. ICSID is an autonomous international institution that is part of the World […]

Business the American Way – “Really, do we have a contract already?” A Cautionary Tale to Moldovan, Romanian, and U.S. Traders

By Sergiu Gherman One of the principles underlying the Uniform Commercial Code (“UCC”) is to interpret business agreements in favor of their validity. Generally, a valid contract has four elements: (1) offer, (2) acceptance, (3) consideration, and (4) lack of valid defenses, such as illegality or one of the parties is a minor. Under the […]