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Nikolay Bebov

Work +359 2 439 0707
Tsvetkova Bebov Komarevski

Work Department

Financial Services Law Group


Partner, Head of Financial Services Law Group. Practices include: Capital Markets, Banking, M&A, Energy Law


Professional career: 1999-present - Partner, Tsvetkova Bebov Komarevski (and predecessor legal practices), Bulgaria; 1994-1999 - Tax advisor, PricewerhouseCoopers (Tax) (and predecessor firms), Bulgaria; 1993-1994 - Research Assistant, Center for the Study of Democracy, Bulgaria.


Bulgarian (mother tongue), English, Russian, French (intermediate).


Bar admissions: New York State (since 2011), and Bulgaria (Sofia Bar Association)(since 1999). Associations: International Bar Association, American Bar Association, New York State Bar Association, New York City Bar, FedBar.


Columbia Law School, New York, USA, LL.M. (2007); Sofia University St. Kliment Ohridski, Faculty of Law, Bulgaria, LL.M. (1997); First English Language School, Sofia (1991).


Banking, finance and capital markets

Within: Leading individuals

Nikolay Bebov - Tsvetkova Bebov Komarevski

Within: Banking, finance and capital markets

Tsvetkova Bebov Komarevski's 'dedicated and proactive' team has ‘in-depth expertise’ and ‘a client-oriented and flexible approach’. Managing partner Nikolay Bebov has ‘profound expertise in capital markets’, is ‘an authority in banking and finance’ and is highly regarded for his ‘logical thinking, eye for detail and ability to build relationships of trust with his clients’. Damyan Leshev, who was recently promoted to managing associate, has ‘an ability to find connections between seemingly unrelated aspects of a case and to find the best solution under stress’, and senior associates Lidiya Shumkova is ‘a resourceful lawyer’ with ‘profound practical knowledge of capital markets regulation and compliance’. Highlights included Bebov and senior associate Victoria Tzonkova acting as Bulgarian counsel to US Bank Trustees on the refinancing of the €400m bond of Vivacom (Bulgarian Telecommunications Company).

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Dispute resolution

Within: Dispute resolution

Tsvetkova Bebov Komarevski represents clients before the commercial, administrative, employment and insolvency courts in Bulgaria, as well as the ICSID and the Court of Justice of the European Union. The team ‘adapts to clients' requirements’ and the ‘trustworthy’ lawyers have ‘good communication skills and a broad knowledge of the law combined with a good track record on past cases’. Long-term clients include SociĂ©tĂ© GĂ©nĂ©rale, Faro, Wrigley and AstraZeneca. Nikolay Bebov and senior associate Victoria Tzonkova represented SociĂ©tĂ© GĂ©nĂ©rale as a major creditor in the complex insolvency proceedings of the fourth largest Bulgarian bank, Corporate Commercial Bank. Practice head Iliya Komarevski advises clients in the transport, pharmaceutical, fast-moving consumer goods and infrastructure sectors.

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Energy and natural resources

Within: Energy and natural resources

Tsvetkova Bebov Komarevski's 'expert, meticulous and reliable' team advises electricity and downstream and upstream oil and gas companies on power production, transmission, distribution and trade. Renewable energy specialist Irina Tsvetkova and senior associate Aleksandar Aleksandrov, who recently joined from Overgas, lead the practice. In the utilities sector, Nikolay Bebov and Damyan Leshev advised Energo-Pro on the issue of €370m debut bonds. Changes in the team included the departure of Angel Bangachev to CMS and the promotion of Eleonora Mateina to senior associate.

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