- Latin America
- United Kingdom - Solicitors
- United Kingdom - The Bar
- United States
- What is the GC Powerlist?
- How to nominate in-house counsel
- Australia/New Zealand
- Asia Pacific
- Latin America
- Middle East
- Russia Teams
- Switzerland Teams
- United Kingdom
- United Kingdom Teams
- Client Intelligence Report
- MINT: the legal challenges of working and investing in emerging economies
- Response to Brexit
- An investigation of the GCC and Middle East legal market
- Litigation and regulatory challenges in financial services
- AI and the law tools of tomorrow:
A special report
- Scottish GCs
- North West clients
- Pan-Europe bribery crackdown
- Arbitration backing Africa's investment boom
- Business thinking
- In-house management
- Career path
- Legal perspective
- Big picture
- In discussion
- Interrogating value
- GC interviews
- The Changing Talent Economy In Sub-Saharan Africa
- Act like a leader, think like a leader
- In-House Life: James Ratcliffe, Art Loss Register>
- Tracking Change for In-House Legal Departments
GC Diversity & Inclusion Report 2016
- Chief Marketing Officer Roundtable
- Dispute resolution in Africa roundtable
- GC Diversity and Inclusion Report
- Investing in Indonesia: the role of the in-house lawyer in growing markets
- The Legal Business 100 Debate
- GC Powerlist UK summer reception
- The Brexit debate
- AI and the law
- GC Powerlist: Middle East roundtable
- Alternative disputes: the role of arbitration in Turkey
- The risk debate
- Two visions of nearshoring
- Dissenting perspectives
- Developments in Panama
- The international arbitration summit
- The Global 100 debate - Chasing Alpha
Share this page
- Legal market overview
- Banking and finance
- Capital markets
- Commercial, corporate and M&A
- Dispute resolution
- EU and competition
- Energy and natural resources
- Projects and PPP
- Real estate and construction
- Transport (including shipping)
- Bosnia and Herzegovina
- British Virgin Islands
- Burkina Faso
- Cayman Islands
- Costa Rica
- Czech Republic
- Dominican Republic
- El Salvador
- Equatorial Guinea
- Hong Kong
- Isle of Man
- Ivory Coast
- Latin America: International firms
- New Zealand
- Puerto Rico
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- St Barts
- St Vincent
- United Kingdom
- United Arab Emirates
- United States
Legal market overview
M&A activity remains static, with notable deals few and far between and the most eye-catching instructions tending to be the Bulgarian elements of much larger transactions, such as Novartis’ global acquisition of a number of GSK portfolios. Domestically, perhaps the most conspicuous recent mandate has been AP Mart’s purchase of the Piccadilly store chain from Delhaize, which returned a major domestic brand to Bulgarian ownership.
Despite this relatively bleak outlook, marked in the energy sector by the government’s withdrawal in February 2015 of incentives for new renewables projects, the formation of Kinstellar in November 2014 (by a team of lawyers who broke away from highly regarded central and eastern European firm Wolf Theiss) was an indication that sophisticated cross-border advice is still in demand. This addition brought the number of international firms with significant Sofia operations to six, with CMS and Schoenherr (in cooperation with Stoyanov & Tsekova) (as well as Wolf Theiss) figuring alongside the much smaller offices of fellow central European specialists CHSH Cerha Hempel Spiegelfeld Hlawati and Peterka & Partners Law Firm.
Domestic firms are a broad mix of large, longstanding partnerships formed around 1989, and small to medium-sized players, often younger, with some notable niche strengths. Mainstays of the market, in the former category, include Boyanov & Co and Kambourov & Partners, who acted for Novartis and AP Mart respectively in the deals mentioned above, and also Djingov, Gouginski, Kyutchukov & Velichkov. Among smaller firms, DTT (Dimitrov, Tchompalov & Todorova) has a market-leading capital markets practice; CasePro has exceptional technology sector early-stage finance capabilities; and Danailova, Todorov & Partners stands out in transport.
Firms in the spotlight
Delchev & Partners
Delchev & Partners is a prime, full service, commercial law firm, based in Sofia, Bulgaria. Delchev & Partners’ legal solicitors provide comprehensive legal and tax services and solutions to multinational corporations operating in Bulgaria, closely held foreign and Bulgarian businesses, local entrepreneurs, exempt organizations and individuals. Our experienced lawyers in Bulgaria will assist you with any legal issues that you or your business in Bulgaria is facing
Legal Business: country analysis
Breaking new ground – advisers hope shale revolution can restart CEE market
Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
the CEE economy. Can the shale revolution power up
Click here to read the feature.
GC Powerlist -
INSIGHT: Hard graft
the pan-Europe bribery crackdown
As European agencies turn up the heat on bribery and corruption, we team up with Simmons & Simmons to assess how clients are responding.
Search News and Articles
All investors, especially those from abroad, when asked about the investment climate in the country indicate a number of factors, besides tax rate, that influence their overall assessment. These factors relate to different areas of business and life in general, but have so far unfortunately gone unnoticed by governments.
OVER-INDEBTEDNESS IN THE BANKRUPTCY PROCEEDINGS
POSTPONEMENT AND DEFERRAL OF PUBLIC LIABILITIES
The New Provisions on Gambling in Bulgaria
FEES AND EXPENSES IN THE CIVIL PROCEEDINGS
Protection of the creditors in the liquidation procedure
The present article deals with the question of who is to be invoiced and who is VAT liable if a taxable person in Bulgaria supplies services to and for the benefit of a trade representative office -established in Bulgaria - of a foreign entity.bu
The Bundesverfassungsgericht, Germany’s Federal Constitutional Court, recently had to grapple with the issue of whether greater value ought to be attached to artistic freedom or copyright law in a given case. In its judgment of May 31, the Court chose to bolster artistic freedom (Az. 1 BvR 1585/13).
On September 7, 2016 VEGAS LEX organized a roundtable on Private Investment and PPP in the Defence Industry: Participants, Mechanisms and Prospects as part of the ARMY 2016 international military technical forum.
Anyone who does not wish to have their estate distributed in accordance with the rules of intestate succession needs to prepare a will or contract of inheritance. In order to prevent disputes from occurring, it is important that the testator’s final wishes be clear.
Schoenherr Bratislava has advised the Albéa group ("Albéa") on the acquisition of 100 % of the shares in SCANDOLARA TUB-EST, s.r.o. ("Scandolara"), a Slovak subsidiary of the Italian Scandolara Group, which produces laminate tubes. read more...
Basellandschaftliche Kantonalbank (BLKB) and the Swiss robo-advisor True Wealth AG have entered into a strategic partnership. BLKB further acquired a minority stake in True Wealth.
Recordati, an international pharmaceutical group listed on the Italian Stock Exchange, acquires the Swiss pharmaceutical company Pro Farma AG.
On 22 July 2016, the shareholder sold a majority stake in the AutoForm Group to Astorg Partners. AutoForm Group is a leading provider of software solutions for the design and sheet metal forming simulation. Astorg Partners is one of the most successful independent private equity companies in Europe.
Kyiv, 9 September 2016 - AVELLUM advises Custos Invest & Finance Inc., one of the Datagroup’s shareholders, in connection with the increase of the stake of Horizon Capital in Datagroup from significant minority to over 70%.
If a car dealership advertises with a manufacturer’s logo without being an authorized dealer, this may constitute misleading advertising vis-à-vis consumers and violate competition law.
Baker & Partners will be holding a Breakfast Briefing on fraud and asset recovery cases involving financial institutions on 22 nd September, 8.00-9.30am, at The Royal Yacht Hotel.