Mr Richard Clegg > Wolf Theiss > Sofia, Bulgaria > Lawyer Profile

Wolf Theiss
1407 SOFIA
Richard Clegg photo

Work Department

Corporate/M&A, Infrastructure, TMT.


Partner, working throughout Central & Eastern Europe and South Eastern Europe. Richard has particular specialization and expertise across the regulated sectors, advising companies at board level on corporate and compliance matters, often in sensitive & strategic circumstances. His career experience includes advising on transaction, regulatory and compliance aspects of internationally significant infrastructure, telecom and energy matters.


Joined Wolf Theiss from Advent International and the Bulgarian Telecommunications Company where he served as Group General Counsel, Group Investment Director and Executive Director of NURTS, Bulgaria’s largest television and radio broadcasting company.




Law Society of England & Wales; Law Society of Ireland; Sofia Bar Association.


Educated at Manchester Grammar School, University College London, and INSEAD.

Lawyer Rankings

Bulgaria > Intellectual property

Wolf Theiss handles a diverse range of work in the IP space, covering general day-to-day advice alongside assisting with the IP aspects of commercial contracts and corporate reorganisations, and appearing in IP disputes before the domestic courts. The team acts for clients across various highly active sectors: TMT, financial services, food and healthcare, to name but a few. Richard Clegg advises on IP matters in the technology and other regulated sectors, in addition to advising on the IP aspects of IT-driven venture capital deals. He jointly leads the practice with managing partner and data protection specialist Anna Rizova.

Bulgaria > Projects and PPP

Major project development, privatisation and concessions (including cross-border matters) comprise the core pillar of Wolf Theiss‘ projects and PPP practice, as the team is frequently engaged on a host of infrastructure procurement tenders, greenfield projects and energy project structuring. The group regularly advises international banking institutions on such work, including the European Bank for Reconstruction and Development (EBRD), Deutsche Bank and UniCredit, under the guidance of practice leader and managing partner Anna Rizova. She receives support from Richard Clegg, banking and finance partner Katerina Kraeva and energy specialist Radoslav Mikov. Katerina Novakova is a key name at associate level.

Bulgaria > TMT

Wolf Theiss fields an experienced team which is frequently instructed on high-value and cross-border transactions in the media sector, in addition to handling financing mandates in the telecoms sector. Richard Clegg heads the practice group, specialising in corporate matters in the TMT space. He receives support from Anna Rizova, who is highly active in advising on TMT-related market entry and transactional matters for global corporate entities, and assisting with data protection issues.

Bulgaria > Commercial, corporate and M&A

(Leading individuals)

Richard CleggWolf Theiss

Among the longest-standing M&A practices in Bulgaria, the team at Wolf Theiss is frequently instructed on both domestic and cross-border commercial transactions and regularly comes up against major international law firms in complex negotiations. The practice group handles a diverse range of private equity, venture capital and industry work, remaining particularly strong in the technology and energy sectors. Key practitioners include English-qualified head of team Richard Clegg  , who is well known for ‘his vast experience in M&A’. Elsewhere, Anna Rizova focuses on complex M&A and market entry transactions for global clients. Katerina Kraeva  is well-known for her work in banking and finance, but also has extensive experience in corporate restructuring, venture capital transactions and leveraged buy-outs.

Bulgaria > Banking, finance and capital markets

Wolf Theiss maintains its impressive practice in the banking, finance and capital markets sphere, specialising in large cross-border financings, corporate bonds issuances, financing transactions and regulatory projects. The team leverages its industry-specific expertise to advise on a range of mandates from financial institutions, payment services providers and asset managers. The ‘experienced’ Katerina Kraeva is well-known in the space for her work on both lender and borrower-side project financing, acquisition finance and restructurings; she heads the team with Richard Clegg. At associate level, Jasmina Uzova is active in acquisition finance matters. Irina Dekova  is another key name in the team.