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Despite challenging conditions, 2011 saw a small uptick in new money deals and M&A, alongside the raft of restructuring, debt recovery and litigation matters that have been keeping firms relatively busy. In addition, energy and natural resources work was the driving force for some of the country’s largest deals in 2011, with multinational energy developers providing a variety of instructions.
Boyanov & Co and Djingov, Gouginski, Kyutchukov & Velichkov are prominent local firms, but are increasingly facing competition from rivals such as Spasov & Bratanov, Tsvetkova Bebov & Partners (Landwell) and Kambourov & Partners, as well as foreign firm CMS Cameron McKenna LLP – Bulgaria Branch. The Austrian firms of Wolf Theiss and Schoenherr are also increasingly influential in the region.
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Press releases
The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
Legal Developments in Bulgaria
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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Mergers & Acquisitions 2012 - Bulgaria
The mergers (incl. takeovers) and de-mergers (spin-offs and splits) as well as the share transfers and business (going concern) transfers are regulated on a general level by the Commerce Act. -
The Council of Europe Prescribes the Adoption of a New Notion of Media...
(Recommendation CM/Rec (2011)7 of the Committee of Ministers to member states on a new notion of media) -
Bulgaria - Legislation And Jurisdiction
What is the relevant merger control legislation? Is there any pending legislation that would affect or amend the current merger control rules described below? -
Preserving your patent rights in Bulgaria
In Bulgaria inventions are protected through patents and utility models, which must be registered with the Bulgarian Patent Office. The applicable legal act concerning patent and utility models is Bulgarian law on the patents and the registration of utility models (prom. SG. 27/2 apr 1993), which implements the provisions of Directive 2004/48/EC of the European parliament and of the Council of 29 April 2004 on the enforcement of intellectual property rights. -
EMPLOYMENT GUIDE – BULGARIA
1. General overview -
Public Procurement Procedures in Bulgaria
I. General Rules The Bulgarian Public Procurement Act provides for several types of procedures that can be used by the procuring entities for the award of public contracts. Those procedures are: -
BULGARIA: WIDE OPEN TO NON-EU INVESTMENT
Bulgaria’s legal framework and government policy is structured to actively attract foreign investment capital through a wide variety of incentives. The country is a member of the EU although not of the Eurozone. -
The Mergers & Acquisitions Review
Bulgaria by Yordan Naydenov & Nikolay Kolev BOYANOV & CO -
New EU Regulation on ‘food labelling’ adopted by The Council of the European Union
On 29th September 2011, following a second-reading agreement with the European Parliament, The Council of the European Union approved a compromise text aimed at ensuring that food labels carry essential information in a clear and legible way. -
MTO IN CASE OF ACQUISITION OF INDIRECT CONTROL OVER PUBLIC COMPANY.
VOLUNTARY TENDER OFFER TO DELIST A COMPANY. SQUEEZE-OUT AND SELL-OUT. PRICE OF A TENDER OFFER.
Press Releases worldwide
The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
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Law Firm Astrea significantly expands Brussels presence
As from 2 May 2012, leading Antwerp-based law firm Astrea has significantly expanded its Brussels office with the recruitment of new Partner Steven De Schrijver and team including Senior Associates Thomas Daenens, Jeroen Mues and Pieter Paepe.- ASTREA -
Delphi advises on merger of OK-Q8 AB and Q8 Danmark A/S
Delphi is advising OK-Q8 AB on the formation of a new Scandinavian group through OKQ8 AB’S acquisition of shares in Q8 Danmark A/S from Kuwait Petroleum Europe BV. Kromann Reumert in Copenhagen advised on the legal due diligence in Denmark.- Delphi -
GENI & KEBE Responds to Questions from British Business Delegation
Investment UK- Francophone Africa -
AVELLUM PARTNERS WON CHAMBERS EUROPE AWARD FOR EXCELLENCE 2012
Kyiv, 15May 2012 – Avellum Partners is proud to inform that it has won the Chambers Europe Award for Excellence 2012 for Ukraine and was recognized as Ukraine Law Firm of the Year. The award ceremony was held in Amsterdam on 10 May 2012. -
Sayenko Kharenko advised on USD 50 mln loan to Ukreximbank
Sayenko Kharenko acted as legal counsel to European Bank for Reconstruction and Development (“EBRD”) in connection with USD 50 million loan to JSC “The State Export-Import Bank of Ukraine” (“Ukreximbank”). -
Ayia Napa marina contract
Our Client MM Makronissos Marina has successfully completed the execution of the BOT contract with the Government concerning the construction and operation of a Marina and a Real Estate development in Ayia Napa. -
The Batang Kali Massacre trial - end of a Very British Cover-Up?
In 1948, Scots Guardsmen shot dead 24 unarmed Chinese labourers in the rubber tapping village of Batang Kali, part of what was then colonial Malaya. -
Bär & Karrer team successfully represents TeliaSonera in a Swiss Federal Supreme Court case
In a judgment rendered on 30 April 2012 (4A_763/2011), the Swiss Federal Supreme Court dismissed an application of Çukurova Holding against Sonera Holding (a subsidiary of TeliaSonera, and at the same time Turkcell's biggest shareholder) for judicial review of an ICC award between the parties. -
2nd Kazakh-British Suppliers Forum was held on 27th of March 2012 in Astana
On 27th of March 2012, the Second Kazakh-British Forum on partnership development among suppliers in the oil and gas industry service sector was held in Astana. About 80 Kazakhstan and British companies attended the event. -
Arbitral Tribunal Orders Respondents to Pay Advance on Costs
Gabrielle Nater-Bass and Melissa Magliana of Homburger's Litigation | Arbitration practice team recently obtained a Partial Award ordering Respondents who refused to pay their share of the advance on costs in an ICC arbitration to make immediate payment to the ICC.