Penkov, Markov & Partners > Sofia, Bulgaria > Firm Profile

‘They are very proficient in real estate matters and especially in urban planning and administrative regimes of construction. They have exceptional experience in development of large scale projects in the real estate sphere and this helps them to organise the development process and to foresee potential problems.’ 

‘In the field of real estate we mainly work with Milena Gaidarska and Atanas Valov. They are very hard-working and experienced in construction and project development of commercial real estate. Communication with them is all easy and smooth.’ 

‘We have very good cooperation with the practice. They have extensive knowledge and know-how in the real estate sector, the main field we use their advice. We rely on their prompt advice and due diligence in complicated situations.’ 

‘Atanas Valov and Milena Gaidarska. Excellent and very knowledgeable lawyers. Fast and professional attorney-client contact.’ 

‘Milena Gaidarska is our main representative in negotiations and development of new projects, while she also participates in preparation of our written defences on construction disputes. She has a name in the real estate sector and is invaluable with her experience and business-like approach to many situations which are seemingly hard to resolve.

‘Atanas Valov is also one of our key contacts in their office, but he mainly represents us in court and arbitration recently. Otherwise, he also has significant experience in real estate and construction and brings valuable input in brain-storming difficult situations.’ 

‘They are very proficient in real estate matters and especially in urban planning and administrative regimes of construction. They have exceptional experience in the development of large-scale projects in the real estate sphere and this helps them to organise the development process and to foresee potential problems.’ 

‘Milena Gaidarska is a brilliant lawyer with substantial experience. We rely on the whole team. Atanas Valov is also experienced and competent.’ 

‘A holistic, client driven approach. Able to bring together expertise from all practice areas to resolve complex issues and deliver a seamless service right through to the end. I was particularly impressed with the tenacity of the team and ability to stay focused throughout a long process, maintaining high client service throughout.’

‘Vladimir Penkov is a leading banking law practitioner. He has great negotiation skills.’

‘Nikolay Cvetanov is very innovative and finds the right solutions for our unique e-wallet services.’

‘Asen Apostolov is very responsive and provides the best support in every step.’

‘I truly appreciate our cooperation with Penkov, Markov & Partners. They are highly reliable and fast, providing fair assessments. The team is strong, covering a wide area of industries.’

‘A holistic, client driven approach. They are able to bring together expertise from all practice areas to resolve complex issues and deliver a seamless service right through to the end. I was particularly impressed with the tenacity of the team and ability to stay focused throughout a long process, maintaining high client service throughout.’

‘Roman Stoyanov is knowledgeable in his area of expertise. Very personable, approachable and responsive. I have valued all of these qualities in him, and always feel confident that he will deal with the issues put before him as quickly as possible, in a commercial and pragmatic way, in the best interests of the client.’

‘Our cooperation with the company has started with the partners Vladimir Penkov and Ivan Markov on major mergers and acquisitions, where we have received excellent advice and professional assistance in all aspects of the transactions and the subsequent operations. On a daily basis, we have been working with Roman Stoyanov, who is an excellent professional, extremely knowledgeable and precise in his work. For so many years we have never had a reason to doubt any advice given or to have to review any document prepared, everything has always been thought of and prepared with due diligence and to the best professional standard. What is exceptional is also the fact that the partners have shown exceptional personal integrity. Working with them is not only a pleasure but also a source of comfort and security that you have a partner and professional advisor on your side.’

‘The law office has vast experience in cross-border M&A and working with common-law based contracts. They’ve helped us with many projects .’

‘Very dedicated to finding appropriate solutions for clients’ problem. Roman Stoyanov is a very patient person, skilled and prepared to secure opinion on any legal problem, and also to enable us to get opinion from his colleagues who are experts in specific legal areas.’

‘On our commercial, corporate and M&A projects, we work with Nikolay Cvetanov and Atanas Valov. They both are very experienced, hard-working and exceptional negotiators.’

‘Atanas Valov is an excellent professional, has a profound understanding of our business and is a reliable partner.’ 

‘I would like to acknowledge the open-mindedness of the PM&P team and their sensitivity to clients’ commercial needs. The firm’s lawyers are not afraid of challenging traditional approaches established in case law. They are ready to defend practical and business-oriented understanding of law before courts even when formalistic approaches generally prevail.’ 

‘One of the bests dispute resolution teams on the Bulgarian market. Some of the lawyers are very experienced and also, some of the younger partners are truly remarkable.’ 

‘Atanas Valov is not only a very good lawyer, but also very client-friendly and proactive. Very good client communication.’ 

‘Thorough study of every case and understanding of commercial life underlying legal rules, allows PM&P’s lawyers to suggest creative and innovative arguments. Thanks to excellent knowledge of the law and impressive practical experience, they can pre-empt the client’s questions and come up with advice before they are asked. Their recommendations are consistently comprehensive and practically valuable. Associate partner Atanas Valov has a clear strategic vision of cases he works on and always makes sure that the client is given a full understanding of prospective actions and alternative strategies. Attorney Pavel Tsanov is distinct with his ability to note important details and handle extraordinary situations.’ 

‘Very client-friendly proactive and pragmatic law firm.’ 

‘One of the oldest and most experienced energy practices on the market, particularly in the field of photovoltaic power plants. Great experience and industry know-how.’

‘I would definitely recommend Atanas Valov, who is an outstanding expert on real estate and zoning/planning matters, as well as Vladimir Penkov, who is an extremely experienced lawyer. Atanas Valov has also remarkable experience and knowledge in general commercial law matters and is always able to significantly contribute to projects. He also has wide experience in energy related-litigations, particularly before administrative courts.’ 

‘The team of Penkov, Markov & Partners has quite the name in the renewable energy sector. They have excellent knowledge of the business particularities and the financial side of the sector, great knowledge of the substantive law in whose creation they have actively participated in and have very good litigators in their team. Being veterans from many previous cases against the regulatory bodies and the State (from 2010 onwards), they have acted adaptively to the legal situation and dedicatedly defended our interests and that of the whole sector in these series of cases.’ 

‘Great knowledge about energy and natural resources. Deeply explaining pros and cons, fast reaction and great collaboration.’

‘Competent, trustworthy, loyal, dedicated and an effective team of professionals.’  

‘Penkov, Markov and Partners provides highly competent and business-oriented advice on competition law matters. They respond fast and show remarkable attention to detail.’

‘Smiliyana Hrusanova is fast, responsive and a good professional.’

‘We have been working on competition law topics with Smilena Hrusanova and Ivan Markov. I can highly recommend them as extremely competent, reacting fast to business needs, and pragmatic.’

‘Brilliant legal knowledge, as well as understanding of and great commitment to the client’s needs.’

‘Roman Stoyanov was diligent and thorough in his comments despite short turnaround time. Would not hesitate to recommend to work with him again.’

‘Great knowledge of clinical trials.’

‘We appreciate very much the availability of Roman Stoyanov in the management of every single request on our part, the commitment and dedication he puts in to help us solve problems and recommend the best solutions for our company.’

‘We highly recommend the whole IP team at Penkov, Markov & Partners, both with regard to services such as trademark registration to complex opposition cases, copyright disputes, etc.’

‘Vladimir Penkov stands out as a highly skilled and experienced expert in the field of IP law. He is very responsive, and his team provides tailor-made advice.’

‘Brilliant legal knowledge as well as understanding of the client’s needs, swift and valuable answers.’

‘Dedication, professionalism and personal attention.’

‘They pay attention to the customer’s needs, try to understand not only the legal part of the issues, but the business logic behind it and to find the best solution for the customer.’

‘We highly recommend Penkov, Markov and Partners both with regard to major national and multinational complex matters, as they have a pragmatic approach to problem solving, providing excellent professional legal service.’