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Penkov, Markov & Partners

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Bourgas, Dobrich, Lovetch, Pleven, Rousse, Sofia and 4 more

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Penkov, Markov & Partners welcome to Sofia colleagues from 19 countries

September 2015

On May 31st and June 1st 2015 Penkov, Markov & Partners hosted 38 colleagues – lawyers from most reputable law firms from 19 countries, including many European countries – Austria CHSH CerhaHempel Spiegelfeld Hlawati, Belgium Liedekerke Wolters Waelbroeck Kirkpatrick, Germany Noerr LLP, Portugal MLGTS, Switzerland (<<a href="">Pestalozzi), Liechtenstein (Marxer & Partner), Poland (Wardynski & Partners), the Czech Republic (PRK Partners), Hungary (Nagy és Trócsányi), Serbia (JPM Jankovic, Popovic & Mitic), Cyprus (Dr. K. Chrysostomides & Co LLC), Sweden (Advokatfirman Vinge KB), Lithuania (Valiunas Ellex), Scotland (Maclay Murray & Spens LLP), Slovenia (Odvetniki Selih & partnerji), as well as the US (Butzel Long; Bass, Berry Sims PLC; Baker Botts LLP; Steptoe & Johnson LLP), Canada (Farris, Vaughan, Wills & Murphy LLP) and Singapore (Rajah & Tann Singapore LLP.

As a long-year member of Lex Mundi – the leading world network of independent law firms, Penkov, Markov & Partners have been assigned to organize the regional meeting of the practice group, which brings together lawyers from all around the world – specialists in the field of litigation and arbitration.

Along with other colleagues lawyers from the respective law firms the meeting was attended by many partners – Irene Welser, Peter Vcelouch, Hakim Boularbah, Joe Sepulchre, Jeffrey Kay, Boris Handorn, György Kiszely, Robert Schneider, Pawel Mazur, Helena Tapp Barroso, Miguel de Almada, Malcolm Gunnyeon, Paul Tan, Thomasb Rohner, Robert Sidorsky, Wallace Dietz, Johannes Koepp, Jonathan Raynes, Vladimir Penkov, Svetlin Adrianov, Svetoslav Dimitrov, Nikolay Cvetanov, Alexander Stefanov.

Vladimir Penkov – Managing Partner of Penkov, Markov & Partners opened the meeting.

In his opening speech Vladimir Penkov emphasized that this forum is especially important for Penkov, Markov & Partners since it is exactly Bulgaria that is the second country in the world to ratify the UNCITRAL model law on arbitration of 1985 followed only 3 years later in 1988 by the adoption of the International Commercial Arbitration Act which is in force also at present. Furthermore, the matter about the activity of the arbitration institutions is particularly valid with a view to the tendency during the last years toward the establishment of a significant number of arbitration courts in Bulgaria – currently more than 40.

Guest of the event organized by Penkov, Markov & Partners was also Prof. Rudolf Welser – author of many famous legal publications in the field of civil law in Austria.

Lecturer on the event was also the Chairperson of the Legal Affairs Committee in the National Assembly of the Republic of Bulgaria – Danail Kirilov, who presented before the participants the anticipated judicial reform and responded to the questions raised.

Of great interest was also the specially elaborated culture program, related not only to the acquaintance with the present-day Sofia, but mostly with the excavations of ancient Sofia witnessing the role of the city as a bridge between the East and the West.

Legal Developments by:
Penkov, Markov & Partners

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    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.
    - Penkov, Markov & Partners

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