Firm Profile > Georgiev, Todorov & Co > Sofia, Bulgaria

Georgiev, Todorov & Co
27 PARCHEVICH STREET
1000 SOFIA
Bulgaria

Bulgaria > Dispute resolution Tier 1

Georgiev, Todorov & Co truly excels in dispute resolution, is noted for its 'exceptional expertise in the field' and 'innovative thinking for clients' most challenging needs.' The firm litigates at the highest level, with a busy caseload of arbitiration; it is acting for investment company Kornikom in its ICSID case against the Republic of Serbia, the first Bulgarian investor claim against a foreign state. Arbitrator Arno Mamasyan and firm managing partner Ivan Todorov steer a team of 14 'game changers', which includes recently promoted partners Mariya Derelieva and Tsvetelina Dimitrova.

Practice head(s):

Ivan Todorov; Arno Mamasyan

Other key lawyers:

Miglena Peneva; Mariya Derelieva; Tsvetelina Dimitrova

Testimonials

‘Georgiev, Todorov and Co. is advising on some of today’s most complex and significant matters. They are known for excellence and are committed to providing the very highest level of legal services. They offer innovative thinking for our most challenging needs and they have attracted great professionals to collaborate with.’

‘Throughout our work with Georgiev, Todorov & Co, we have had the pleasure to work with Ivan Todorov, Maria Derelieva and Margarita Ivanova. They are really ‘game changers’, motivated and talented, easy to reach when needed, and committed to maintain a record of high professionalism.’

‘Our group of companies have relied on the services of Georgiev, Todorov & Co. for numerous years because they have the experience and exceptional expertise in the field of dispute resolution. Analytic thinking, attention to details and creativity in problem-solving are only part of the strengths of the dispute resolution department of Georgiev, Todorov & Co. We are very impressed with their in-depth knowledge in both Bulgarian and EU legislation, proactive approach and responsiveness.’

‘We work very closely with Miglena Peneva, who is a great professional with exception litigation skills. Miglena Peneva is an excellent lawyer, very experienced, precise and diligent, with in-depth knowledge in litigation proceedings, property and administrative law. Her proactive approach adds value to our company.’

‘We have been working with Georgiev, Todorov & Co. for several years and decided to work them because of the experience and success rate they have in dispute resolution and their in-depth knowledge in the transport, shipping, energy, and corporate & commercial fields. What impressed us most during the work with the dispute resolution department  was their diligence, in-depth knowledge and proactive approach. The experience and expertise their lawyers have, allowed them to consider all specifics of very complex cases and combine practical and litigation skills to protect the client.’

‘We work very closely with Miglena Peneva, who is our trusted lawyer and main point of contact with the law firm. Miglena is a skilled lawyer, a prominent litigator, familiar with all specifics of the national and EU procedures which allow her to find the best legal approach to every situation. She has exceptional knowledge and vision for the timely and successful solution of the cases.’

‘Dispute Resolution is a sector which requires excellent negotiation skills, as well as in-depth theoretical knowledge and exceptional verbal communication skills, which are all qualities that the lawyers from Georgiev, Todorov & Co. can offer. They have worked on multiple cases for key international and local clients, where they successfully protected the clients.’

‘We have been mainly working with Mariya Derelieva, who is an expert in the energy sector with long-term experience, and has excellent communication skills, commercial knowledge of the industry and efficiency in solving the issues of her clients. Other lawyers, who we have worked with on the case, are the senior associate Ivan Tserovski, who has knowledge of substantive law in the field and great organisational skills, and the junior associate Ida Golemanova, who impressed us with her in-depth research and ability to work under pressure. ’

Key clients

Acibadem City Clinic Tokuda Hospital

Acibadem City Clinic University Hospital

ADM Bulgaria Trading

AG Capital

Asarel Medet

Aurubis Bulgaria

Balkam Group

BMF Port Burgas

Brikel

Bulgarian National Bank

Bulgarian Posts

Bulgarian Telecommunications Company

Commission for Protection against Discrimination

Dolna Mitropoliya Municipality

Este Properties

Euromax Services/Bulgarian Chamber of Mining and Geology

Galchev Engineering

Grand Energy Distribution

Hydro Power Utilities

Institute for Medical Research

International Asset Bank

Ministry of Agriculture, Foods and Forestry

MTK Trans

National Association of Property Developers

NURTS Digital

Port of Burgas

Private Bailiff Chamber

Proshek Immobilien

Sliven Municipality

State Fund Agriculture

STUDENTSKI STOLOVE I OBSHTEZHTIYA

Supreme Bar Council

TEC MARITSA 3

TIBIEL

Tobo Group

Toplofikacia Pernik

Toplofikacia Ruse

Toplofikacia Sliven

Union of the Producers of Green Energy

Ustra Holding

VIVACOM

Water Supply and Sewerage, Smolyan city

WON

6ATO EOOD

Bulgaria > EU and competition Tier 1

Elite litigation firm Georgiev, Todorov & Co handles disputes related to exclusionary distribution practices, among others, on behalf of some top-drawer clients; it recently acted for Vivacom in a dispute with Apple concerning the sale of iPhones. Non-contentious work includes marketing campaigns, acquisitions and internal rules and procedures relating to local and EU competition regulations. Head of the practice Alexander Pachamanov is praised for his 'exceptional' knowledge and experience. Tsvetelina Dimitrova made partner in 2020 and plays a key role.

Practice head(s):

Alexander Pachamanov

Other key lawyers:

Tsvetelina Dimitrova

Testimonials

‘The team provides prompt and high-quality services where the motivation of the lawyers and their level of expertise are constantly expressed. We assess the level of service as excellent and we emphasise that the answers to the legal questions were provided by Georgiev, Todorov & Co. Law office in due time. Responses were accurate and always provided in close cooperation with in-house lawyers of the company.’

‘Alexander Pachamanov’s knowledge and experience are exceptional in the field of EU and competition law, local and EU regulations in the TMT sector as well as in litigation and commercial legislation.’

‘Georgiev, Todorov & Co made a great impression with their superb communication and organisation skills, as well as their in-depth knowledge of competition and antitrust law and their attention to detail. The law firm offers excellent regulatory knowledge and experience in different industries. The commitment, loyalty and accountability of its lawyers are unparalleled.’

‘We mainly worked with two lawyers in the team, who really impressed us. Mariya Derelieva and Ida Golemanova. Mariya’s strongest qualities include excellent negotiation skills, in-depth knowledge of antitrust regulations and commercial awareness. Ida’s ability to work under pressure, outstanding research skills and positive attitude helped in reaching the best possible result. They make a great team which combines expertise and experience which are two essential skills to solve even the most complex issue.’

Key clients

AWANTYS Group

Balkam Group

Bulgarian-American Credit Bank

Bulgarian Telecommunications Company (BTC)

COMSED

European Parliament

Goldair Handling Bulgaria

METRO Cash & Carry Bulgaria

Metroreklama & MOUTION ARTS

NURTS Digital

Roche Bulgaria

Thales Austria

Vivacom

WON

Bulgaria > Intellectual property Tier 1

Georgiev, Todorov & Co is 'one of the best firms in intellectual property in Bulgaria', supplementing its broad advisory practice with top-notch disputes capability. Clients range from a broad spectrum of industries, including media, publishing, healthcare, fashion, IT and gaming, and food and beverage, for example. Lead adviser in the team, Tsvetelina Dimitrova, was deservedly promoted to partner in 2020, and rated by clients as 'an exceptional IP and corporate lawyer ' who is 'dedicated and precise'. Associate Ida Golemanova  assists.

Practice head(s):

Ivan Todorov; Arno Mamasyan

Other key lawyers:

Ida Golemanova

Testimonials

‘We often need legal services in terms of intellectual properties rights when we enter into negotiations with authors and other publishing companies. The proper structuring of our IP rights is a must and we fully rely on the professionalism of Georgiev, Todorov & Co. The lawyers are very experienced with in-depth knowledge in national and EU regulations, with remarkable client-orientated approach and negotiation skills.’

‘We work mainly with Tsvetelina Dimitrova, who closely monitors the development of the national and EU regulatory framework, rules and practices and helps us meet all statutory requirements to our business. She is dedicated and precise, very responsive and proactive. We highly recommend Tsvetelina Dimitrova as a prominent practitioner in the IP sector.’

‘Georgiev, Todorov & Co. has been chosen as a trusted legal advisor since we established our presence in Bulgaria. We chose to work with the law firm because of their excellent reputation on the market, their expertise in multiple sectors and their high success rate in litigation. Their lawyers have outstanding negotiation skills, analytical thinking and are very committed to the legal issues of each client. Georgiev, Todorov & Co. is one of the best firms in Intellectual Property in Bulgaria and has assisted major national and international clients in relation to the protection, exploitation and enforcement of patents, trade marks, and copyright, as well as industrial property and database rights.’

‘Our main lawyer at Georgiev, Todorov & Co is Tsvetelina Dimitrova. She is hard-working and client-oriented. Tsvetelina also has extensive knowledge of EU and international law regulations, which was essential for solving our legal issues at the time of a global pandemic, as well as protecting our intellectual property rights before national and international legal authorities. She is an expert in the field and provides tailor-made legal support, including trade mark registration and renewal. ’

‘Some of the strengths of the department are excellent negotiation skills, ability to work under pressure and superb interpersonal skills. The lawyers always put the client as a top priority and use all of their knowledge and efforts to achieve the best possible result. They advise on all aspects of intellectual property rights including protection, exploitation and enforcement of patents, trade marks and copyright, as well as industrial property and database rights.’

‘Our intellectual property rights protection is very important for our business and we were looking for a reliable and knowledgeable partner who can meet our company.’

‘We work closely with Tsvetelina Dimitrova, who is an impressive IP and corporate lawyer. She is knowledgeable, precise, very responsive and proactive. We highly recommend Tsvetelina Dimitrova as an exceptional practitioner in the IP sector and corporate & commercial as well.’

 

Key clients

Alliance Print

Backbar Club

BORICA

Ciela

Dench eGaming Solutions

Duplex International

Experian Bulgaria

Farant

Hill Clinic

Nexo Capital Inc

On Clinic

Software Point

Bulgaria > Transport (including shipping) Tier 1

An extensive transport practice at Georgiev, Todorov & Co comprises a full range of services from development of projects, commercial contracts and infrastructure to procurement, implementation of policies and litigation. Clients are drawn from all pillars of the sector - road, rail, air and shipping -, and notably include BMF Port Burgas, Alfred C. Toepfer International and Thales Austria. Regulatory, competition and corporate partner Alexander Pachamanov steers the multidisciplinary team that utilises the infrastructure expertise of Miglena Peneva and recently-promoted corporate and commercial partner Tsvetelina Dimitrova .

Practice head(s):

Alexander Pachamanov

Other key lawyers:

Tsvetelina Dimitrova; Miglena Peneva

Testimonials

‘The transport sector, especially shipping, is very specific and requires legal support from experienced and capable lawyers. Georgiev, Todorov & Co. demonstrates that they have the full capacity, qualities and knowledge to meet all of our requirements and expectations. The lawyers from the team are familiar with all the developments on the market and impress with their in-depth knowledge, great negotiation skills and positive attitude to clients. The team is always ready to support the client and find the best possible solutions of each case and issue.’

‘We work very closely with Miglena Peneva, who is our trusted lawyer and main point of contact with the law firm. Miglena is a skilled lawyer, a prominent practitioner, familiar with all specifics of the national and EU procedures which allow her to find the best legal approach to every situation. She has exceptional knowledge and vision for the timely and successful solution of the cases.’

‘In order to deal with all challenges we face during our work we need a reliable law firm with excellent professionals that understand the specifics of our business. This is the reason why we work with Georgiev, Todorov & Co. for numerous years already. The lawyers are very diligent with in-depth knowledge of the effective Bulgarian and EU legislation and remarkable client-orientated approach.’

‘Our company relies mainly on the professionalism of Miglena Peneva. Her straight-forward approach to provide us with the most effective solution is remarkable. I admire her strong negotiation skills based on her extensive and successful practice in the transport sector. We highly recommend Miglena as a dedicated lawyer who will always help the clients to achieve their goals.’

Key clients

Advance Properties

Alfred C. Toepfer International

Balkantel

BMF Port Burgas

Bulgarian River Shipping

Fleet Services

Galchev Engineering

Goldair Holding Handling Bulgaria

G.P. GROUP

Ingstroyengineering

KG Maritime Shipping

Metroreklama

MTK Trans

Port of Burgas

Port Varna

Solaris Bus & Coach

Thales Austria

Bulgaria > Banking, finance and capital markets Tier 2

Boasting a significant following among banks, financial services suppliers and asset and wealth management firms, Georgiev, Todorov & Co advises on a broad range of transactions, regulatory and dispute resolution issues. Arno Mamasyan leads an expanding team, boosted by the promotion to partnership of Mariya Derelieva and Tsvetelina Dimitrova, and hire of senior associate Dobrina Pavlova  from Gugushev & Partners Law Office. Dimitrova, in particular, plays a key role in the practice and led advice to Alfred C. Toepfer International on the restructuring of its Bulgarian business.

Practice head(s):

Arno Mamasyan

Other key lawyers:

Mariya Derelieva; Tsvetelina Dimitrova

Testimonials

‘Georgiev, Todorov & Co. has been our trusted legal advisor for several years. We have decided to work with the law firm due to their extensive experience in multiple fields, their work with major banks and financial providers and their high success rate both in administrative and regulatory proceedings. Some of their key strengths are in-depth knowledge of the local market, sound judgement and capacity to be part of consortiums with other local partners or manage international teams on cross-border projects efficiently and effectively. The lawyers of Georgiev, Todorov & Co. always put the client first.’

‘The team is extremely competent in this field with a perfect eye on the detail. The firm is very reliable and the client can always be sure that the assigned job will be done on time and in a highly professional manner.’

‘All members of the team are extraordinary professionals who are capable of finding a solution to every legal problem. Every individual is exceptionally motivated and diligent to resolve the case assigned in the best possible manner for the client.’

‘Georgiev, Todorov & Co. has worked for us for around five years already. The experience of the lawyers in working with various public institutions, as well as their assistance to key banks and the high success rate in litigation proceedings, makes them a preferred choice for us.’

Key clients

Alfred C. Toepfer International

AG Capital

BlackPeak Capital

BORICA

Bulgarian-American Credit Bank

Bulgarian National Bank

Bulgarian Posts

Bulgarian Telecommunications Company (BTC)

Central Depositary

Dolna Mitropoliya Municipality

Entrea Capital

Fleet Services

International Asset Bank

Piraeus Bank Bulgaria (now Eurobank BulgariaAD)

Sliven Municipality

Water Supply and Sewerage, Smolyan City

Bulgaria > Energy and natural resources Tier 2

Top-flight litigation firm Georgiev, Todorov & Co handles energy disputes of the highest level with sector expertise provided by Arno Mamasyan, Nikolay Lazarov and Mariya Derelieva. They act for both consumers and producers of energy, particularly electricity, with multiple cases before the Supreme Administrative Court. The team also advises on non-contentious energy-related matters, such as energy infrastructure and development projects. Senior associate Ivan Tserovski  joined the team from the Energy and Water Regulatory Commission where he was chief legal adviser.

Practice head(s):

Ivan Todorov; Mariya Derelieva

Other key lawyers:

Arno Mamasyan; Nikolay Lazarov

Testimonials

‘We work very closely with Arno Mamasyan and Nikolay Lazarov. Both are great professionals with exceptional litigation skills. For Arno Mamasyan we can say that he is a creative lawyer, very experienced, with in-depth knowledge of the mining sector, administrative procedures, corporate and real estate law. His proactive approach adds value to our company.’

‘We have been working with Georgiev, Todorov & Co. for several years already. We started working with them on a very complex energy matter and a dispute. The energy and litigation practice of the law office is one of the most successful in Bulgaria, which was unconditionally proven by our work with the lawyers so far. The team consists of perfectly-prepared professionals with in-depth knowledge of the national and EU regulations, rules and practices. They are very responsive and we can always rely on their client-oriented advice.’

‘We work with Miglena Peneva, who is our trusted lawyer and main point of contact with the law firm. Miglena is a skilled lawyer, a prominent litigator, familiar with all specifics of the national and EU procedures which allow her to find the best legal approach to every situation. She has exceptional knowledge and vision for the timely and successful solution of the cases.’

‘We have trusted the team of Georgiev, Todorov & Co. to solve our legal issues in various sectors for over five years. Energy and natural resources is one of the firm’s key specialisms and the department has an excellent reputation with both local and international clients. What makes the practice unique is the lawyers’ in-depth regulatory knowledge and extensive experience in court, which makes the success rate of the team very high and lets the client feel secure that the issues will be solved.’

‘Mariya Derelieva is an expert in the energy sector with long-term experience, and has excellent communication skills, commercial knowledge of the industry and efficiency in solving the issues of her clients. Other lawyers whom we have worked with on the case are the senior associate Ivan Tserovski, who has knowledge of substantive law in the field and great organisational skills, and junior associate Ida Golemanova, who impressed us with her in-depth research and ability to work under pressure.’

‘We require knowledgeable legal advisers with international experience to help the proper structuring of our business strategy. In that respect, Georgiev, Todorov & Co. is the right choice. We are very impressed by their in-depth knowledge in the energy sector and all the specifics of electricity trading, regulatory matters, and the operation of the free, regulated and balancing markets in Bulgaria. They are very organised with great attention to details. In addition, their proactive approach is most valuable to us.’

‘We work mostly with the lawyers Mariya Derelieva, Arno Mamasyan and Tsvetelina Dimitrova. Mariya Derelieva is very knowledgeable lawyer, with great experience in the energy sector. She is our main consultant not only when it comes to litigation procedures but also for any regulatory matters related to the licence for trading of electricity our company has and the relations with the Energy and Water Regulatory Commission. Arno Mamasyan is an exceptional litigator, with a solid background in corporate and commercial cases, as well as energy disputes. He has the expertise and vision for the timely and successful solution of each case. Tsvetelina Dimitrova is also a brilliant lawyer with a proactive approach to clients and great knowledge of Bulgarian and EU legislation.’

Key clients

Asarel Medet JSC

BMF Port Burgas

Bulgarian Chamber of Mining and Geology/Euromax Services

Energoconsult

EUROPEAN TRADE OF ENERGY

Grand Energy Distribution

Hydro Power Utilities

National Association of Property Developers

Port of Burgas

Port Varna

Resalta Bulgaria

TEC Maritsa 3 AD

TEC Bobov Dol

Tibiel

Toplofikacia Pernik

Toplofikacia Ruse

Toplofikacia Sliven

Union Hydro

Union of the producers of Green Energy

Bulgaria > Healthcare and life sciences Tier 2

Georgiev, Todorov & Co excels in high-level disputes which are often of strategic importance to the healthcare market. Recently, it acted  for Acibadem City Clinic Tokuda Hospital in a dispute with the National Health Insurance Fund (NHIF) concerning payments to health-insured patients above limits set by the NHIF. Ivan Todorov and his team also handle a wider scope of work, including corporate, regulatory, advertising and licensing matters. Mariya Derelieva and Tsvetelina Dimitrova were promoted to partner in 2020 and lead on several work highlights.

Practice head(s):

Ivan Todorov

Other key lawyers:

Mariya Derelieva; Tsvetelina Dimitrova

Testimonials

‘The team works in great synergy, they are most-knowledgeable about the healthcare sector and provide groundbreaking ideas on our complex issues.’

‘Ivan Todorov,  Maria Derelieva and Margarita Ivanova have been assigned to work closely with our group. They keep pace with evolving legal, business and technological arenas.’

‘We have trusted Georgiev, Todorov & Co as our legal advisor since we established our presence in Bulgaria. Our company has chosen to work with the law firm because of their high success rate in litigation, their experienced professionals and excellent reputation on the market. All lawyers are really dedicated to their work, with outstanding negotiation skills and an eye for detail. They also have professionals who specialise in healthcare and pharmaceutical law, which allows them to understand our issues better, explain them to us in a straightforward manner and reach the best possible solutions.’

‘Our main lawyer at Georgiev, Todorov & Co is Tsvetelina Dimitrova. She is hard-working and client-oriented. Tsvetelina also has extensive knowledge of EU and international law regulations, which was essential for solving our legal issues at the time of a global pandemic. She also specialises in healthcare and pharmaceutical law which lets her provide tailor-made legal support in relation to production, export, import and trade of pharmaceuticals. Tsvetelina always stays up-to-date with the legal developments and recently assisted us on the implementation of new internal rules due to the COVID-19 pandemic, as well as in relation to setting up a laboratory for PCR and fast tests for COVID-19.’

Key clients

Acibadem City Clinic Tokuda Hospital

Acibadem City Clinic University Hospital

Hill Clinic

Institute for Medical Research

Liulin Hospital

MBAL City Clinic Sveti Georgi

MBAL Doverie

MBAL Evropa

MBAL Uni Hospital

On Clinic

Recordati

Roche Bulgaria

SGP Bio Dynamics

Bulgaria > Real estate and construction Tier 2

Georgiev, Todorov & Co advises on a growing scope of real estate and construction matters, from transactions in land plots and existing property to the development of greenfield projects and dispute resolution. The latter segment constitutes a particular strength of the firm. Miglena Peneva heads the practice and is praised by clients for her 'excellent expertise and ideas'. She is leading advice to construction company G.P. Group on two high-profile builds, the Jeleznitsa railway tunnel and repairs to port terminal Rosenets. Associate Toma Drashkov  is another key contact.

Practice head(s):

Miglena Peneva

Other key lawyers:

Toma Drashkov

Testimonials

‘Our group has worked with Georgiev, Todorov & Co. for numerous years because their team is comprised of well-educated, experienced and highly-regarded lawyers, who not only know the regulatory framework and the legal rules in the sector, but stand out for their excellent litigation practice. This allows them to solve various issues with ease and helps them prepare effective and tailored solutions for us as a client.’

‘Our companies primarily work with Miglena Peneva. She is a great professional, who has an extensive knowledge in the real estate and construction sectors, is really committed to achieve the best results for her clients, and is always accessible. We also value her strong leadership skills, her consistently reliable advice and her ability to understand our issues.’

‘Even though the real estate and construction sector is a very common business area for a lot of companies in Bulgaria, finding the right legal adviser with the necessary knowledge, experience and readiness to support the client is not an easy task. In that respect we highly recommend the services of Georgiev, Todorov & Co. The team distinguishes with a very high level of competence and solution-oriented approach and a strong business understanding of the market.’

‘We work very closely with Miglena Peneva, who is our trusted lawyer and main point of contact with the law firm. Miglena is a skilled lawyer, an exceptional real estate lawyer, familiar with all specifics of the national and EU procedures which allow her to find the best legal approach to every situation. She has remarkable knowledge and vision for the timely and successful solution of the cases.’

‘Having to deal with strong adversaries, with Georgiev, Todorov & Co we found a very trustworthy ally. Tenacious in defending our interests and giving excellent advice, they were very good value for money.’

‘The collaboration with Miglena Peneva especially, was very open and honest. She is a pleasure to work with, has excellent expertise and ideas, and integrates apparently effortlessly with the multidisciplinary team.’

‘We are one of the biggest and fastest-growing construction companies in Bulgaria for which having a reputable law firm with excellent professionals is a must. This is the reason why we work with Georgiev, Todorov & Co. The team is comprised of experienced and educated lawyers who strictly monitor all development of the regulatory framework and court practice. Their client-orientated approach helps us to unleash our business potential.’

‘Miglena Peneva is a hard-working, goal-driven lawyer, pursuing the maximum effective result for our real estate matters. It is a real pleasure for us to be advised by such a great professional.’

Key clients

AG Capital

Alfred C. Toepfer International Netherlands

Aurubis Bulgaria

Avtomagistrali Hemus

Best Places

Bigla 3

BLD

BMF Port Burgas

Contract City

Domino Invest

Este Properties

European Parliament

Fleet Services

G.P. Group

Ingstroyengineering

Ministry of Agriculture, Food and Forestry

National Association of Property Developers

Pi Invest 2000

Sliven Municipality

Studentski Stolove i Obshtezhitiya

Tobo Group

Varna Business Group

Bulgaria > TMT Tier 2

Georgiev, Todorov & Co most recently demonstrated its weight in the TMT sector by its representation of Vivacom in a complex dispute with Apple regarding iPhone distribution, a case that was settled out of court. Head of practice Alexander Pachamanov led the advice in this matter and has a strong focus in this field. While the firm is a leader in dispute resolution, it also handles corporate, regulatory and finance matters, and represented BalkanTel in the supply of equipment for maintaining army aviation radar systems.

Practice head(s):

Alexander Pachamanov

Testimonials

‘The team provides prompt and high-quality services where the motivation of the lawyers and their level of expertise are constantly expressed. We assess the level of service as excellent and we emphasise that the answers to the legal questions were provided in due time. Responses were accurate and always provided in close cooperation with in-house lawyers of the company.’

‘We can mention Alexander Pachamanov because his knowledge and experience are exceptional in the field of local and EU regulations in the TMT sector as well as in litigation and commercial legislation. He also obtains a broad expertise in the legislation applicable to the corporate issues, financing and bonds.’

Key clients

Balkantel

Bulgarian Telecommunications Company (BTC)

Bulgarian-American Credit Bank

BTC Net

GPS Bulgaria

Fleet Services

Metroreklama & Motion Arts

NURTS Digital

T-Systems

Viacom International Hungary Kft.

Vivacom

Bulgaria > Commercial, corporate and M&A Tier 3

Leading litigation firm Georgiev, Todorov & Co has valuable corporate and commercial capability, advising domestic and international companies on a broad range of transactions, restructuring and general contracts, among other matters. In a significant expansion of the practice, Tsvetelina Dimitrova and Mariya Derelieva were promoted to partner in 2020 and senior associate Dobrina Pavlova  was recruited from Gugushev & Partners Law Office.

Practice head(s):

Other key lawyers:

Tsvetelina Dimitrova; Mariya Derelieva

Testimonials

‘Georgiev, Todorov & Co has been our trusted legal advisor for several years. We decided to work with the law firm due to their extensive experience in various sectors, their excellent reputation and high success rate in court and out-of-court settlements. The department offers high-quality legal assistance, excellent interpersonal skills and commitment to every single issue and client no matter the complexity or remuneration involved. The lawyers have specific knowledge in corporate and commercial law, proven by their high-profile clients.’

‘The lawyers of Georgiev, Todorov & Co. always put the client first.’

‘We have been working with Georgiev, Todorov & Co since we established our presence in Bulgaria. Our company chose to work with the law firm because of their high success rate in litigation, their experienced professionals and excellent reputation on the market. All lawyers are really dedicated to their work, with outstanding negotiation skills and an eye for detail. They have excellent communication skills as well, which allows them to explain all legal issues and the possible solutions in an understandable manner.’

‘The lawyers always stay up-to-date with the legal developments and recently assisted us on the implementation of new internal rules due to the COVID-19 pandemic, as well as in relation to setting up a laboratory for PCR and fast tests for COVID-19 and for the import of those products.’

‘Our main lawyer at Georgiev, Todorov & Co is Tsvetelina Dimitrova. She is hard-working and client-oriented. Tsvetelina also has extensive knowledge of EU and international law regulations, which was essential for solving our legal issues at the time of a global pandemic. She also has great experience in commercial and corporate law and often assists us on matters related to export, import and distribution of medicinal products.’

‘We chose to work with the firm because of its in-depth expertise in multiple sectors. Some of the strengths of the department include excellent negotiation skills, ability to work under pressure and superb interpersonal skills. The lawyers always put the client as a top priority and use all of their knowledge and efforts to achieve the best possible result.’

Key clients

Alfred C. Toepfer International Netherlands

Alliance Print

AG Capital

Amdocs Bulgaria

AWANTYS Group

Backbar Club

BalkanTel

BlackPeak Capital

Boni Holding

BORICA

Bulgarian-American Credit Bank

Bulgarian Telecommunications Company

Ciela Norma

COMSED

Dench eGaming Solutions

Duplex International

Entrea Capital

Experian Bulgaria

Galchev Engineering

Fleet Services

Hill Clinic

Infinity travel

METRO Cash & Carry

MetroReklama/Motion Arts

MTK Group

NM Genomix

On Clinic

Pasha Global

Port Varna EAD

Recordati

Resalta Bulgaria

Roche Bulgaria

Solaris Bus & Coach

Toplofikacia Ruse

Ustra Holding

6ATO EOOD

Bulgaria > Projects and PPP Tier 3

Georgiev, Todorov & Co advises companies, state bodies and investors on public procurement, due diligence, planning and development, and construction in respect of infrastracture projects. Notably, the firm is acting for G.P. Group on two significant matters. Leading litigator Ivan Todorov brings his deep public sector knowledge to the team, which is co-led by construction specialist Miglena Peneva.

Practice head(s):

Ivan Todorov; Miglena Peneva

Other key lawyers:

Testimonials

‘Georgiev, Todorov & Co. has been our trusted legal advisor for several years. We chose the law firm because of their extensive experience in advising clients on various national and international projects in industries such as transport, TMT, energy, real estate and pharmaceuticals. In addition, the team has an outstanding reputation and leads clients to favourable results both in court proceedings and out-of-court consultations. Their multidisciplinary knowledge, excellent problem-solving skills and active listening make us feel safe even with the most complex legal issues. ’

‘The lawyers of Georgiev, Todorov & Co. always put the client’s interests first and explain the issues in detail, no matter how complicated they are. We mainly worked with the senior partner Arno Mamasyan and the recently-promoted partner Tsvetelina Dimitrova. They are insightful, responsive and dedicated, and their ability to work as a team always leads our company to a successful result. Arno is very reliable and extremely competent, and has great commercial understanding, which gives us reassurance. Tsvetelina is hard-working, highly knowledgeable and has a client-friendly manner.’

‘Participation in public procurements initiated by ministries and municipalities in Bulgaria is one of the biggest parts of our company’s business. In order to be successful in this very specific sector, we need lawyers who are well-aware of all legalities, administrative rules and practices. In that respect Georgiev, Todorov & Co. are the perfect choice and we highly recommend their services. They are very experienced with in-depth knowledge of the effective Bulgarian and EU legislation and remarkable client-orientated approach.’

‘We work very closely with Miglena Peneva. She has remarkable knowledge in public procurement rules and procedures, including litigation. Thanks to her goal-driven approach she provides us with the most effective solutions. We highly recommend Miglena as a dedicated lawyer who will meet each client’s requirements and expectations.’

‘Georgiev, Todorov & Co. is very experienced in working with institutions from the public sector in general, and are very familiar with the specifics of our work, as well as with advising on various projects from different industries – TMT, transport, pharmaceuticals, energy, government, etc. They have highly-experienced professionals, who are committed, loyal and dedicated. Moreover, they have great knowledge of EU law and its regulations and practices. The cases related to financial corrections were very complex because of the EU regulations involved in the dispute and the need of in-depth knowledge of this specific framework. However, the lawyers used analytical skills, an eye for detail and sound judgement to solve our legal issue.’

‘We rely on the legal support of Miglena Peneva, who is our main point of contact at Georgiev, Todorov & Co. She impressed us with her exceptional litigation skills, attention to detail and proactive approach. Her in-depth knowledge of EU regulations, ability to work under pressure and outstanding research skills helped to reach the best possible result. We recommend Miglena as an extremely qualified lawyer.’

Key clients

AG Capital Holding

Agricultural State Fund

Alfred C. Toepfer International Netherlands

BlackPeak Capital

Ciela Norma

Dolna Mitropoliya Municipality

Este Properties

Force Delta

Galchev Engineering

G.P. Group

Ingstroyengineering

Metroreklama & MOUTION ARTS

Ministry of Regional Development and Infrastructure

National Association of Property Developers

PI INVEST 2000

Sliven Municipality

Water Supply and Sewerage, Smolyan City

Georgiev, Todorov & Co. was established in 1991 and is one of the first Bulgarian law firms. It is currently one of the largest law firms in Bulgaria, comprising of 10 partners and 50 attorneys, who are proud to have the opportunity to provide excellent legal services to high profile clients.

30 years ago, Georgiev, Todorov & Co. was established and quickly became one of the most successful law firms in Bulgaria. The team has built a corporate culture focused on a decision-oriented approach, helping clients to unleash their potential.

One of the law firm’s main advantages is the outstanding combination of deep knowledge of the substantive laws and regulations in Bulgaria and excellent expertise in judicial and arbitration representation.  This enables it to provide specifically tailored legal services and to avoid any potential risks for its clients. It also provides corporate law services with a particular emphasis on the tax and financial sector, M&A, restructuring, insolvency, venture capital and secured lending for both major local clients and a range of foreign investors.

Georgiev, Todorov & Co. is the only Bulgarian representative in the international organization Lawyers Associated Worldwide (LAW), which has members from over a hundred countries. The law firm is also a member of the international network Vogel Global Competition Network. For this reason, the law firm has access to a rich information network that provides it with the opportunity to approach leading law firms around the world in multinational disputes.

The firm guarantees high-quality legal services provided through the implementation of internationally recognized certified systems of quality management ISO 9001: 2015, ISO / IEC 27000: 2013 and ISO / IEC 20000-1: 2018.

The tremendous results accomplished by its highly qualified and competent team, ensure clients that Georgiev, Todorov & Co. is one of the leading law firms in Bulgaria.  It guarantees accurate service to its clients, especially in the areas of Dispute Resolution, Administrative Proceedings, EU & Competition Law,  Corporate, Commercial and M&A,  and in the Energy and Natural Resources, Real Estate and Construction, Healthcare and Pharmaceutical, and TMT sectors.

Areas of practice
Dispute Resolution:  Georgiev, Todorov & Co. is one of the leading Bulgarian law firms in Dispute Resolution for 30 years. It has been involved in a number of complex international projects in the fields of energy law, telecommunications, and banking, as well as in most of the largest privatization transactions in Bulgaria.

Georgiev, Todorov & Co. has extensive expertise in administrative, corporate and commercial litigation, financial issues, insurance, insolvency, and regulatory matters. Its strength is in understanding the business needs of clients and providing them with the best legal advice in order to protect their interests and business decisions.

Corporate and Commercial Law: The firm combines strategic thinking and technical excellence to ensure that each client’s business is soundly and securely based. Georgiev, Todorov & Co. provides a unique combination of experience and resources, and a partnering approach that allows it to focus specifically on what clients need. In addition to providing legal assistance, the firm often fulfills the role of a business consultant, working as part of an in-house team to provide a first-rate service.

As a trusted legal advisor, with a strong market understanding, Georgiev, Todorov & Co. has been involved in a number of complex local and international projects in different industries including pharmaceutical, transport, banking and finance, and telecommunications.

EU and Competition Law: Georgiev, Todorov & Co. is recognized as a leаding law firm in the field for over a decade. The team advises various businesses – no matter the industry, sector, and project and can respond to the sophisticated and diverse needs of different clients. The law firm is involved in some of the most significant cases in the Bulgarian market in respect of unfair competition regarding key market players.

The successful practice of Georgiev, Todorov & Co. ‘s team in applying EU law to the business environment in Bulgaria, gives clients a guarantee for adequate protection of their legitimate interests with respect to a possible conflict between national legislation and the existing EU law norms.

The law firm’s expertise covers the whole spectrum of national and EU matters in competition law: antitrust, state aid, public services and services of general economic interest, as well as merger control with a particular focus on antitrust legislation and compliance with state aid rules and litigation.

Industry Sectors
TMT: Georgiev, Todorov & Co. covers all aspects of the telecommunication industry as well as broadcasting, media, and technology. The firm’s experts provide legal advice on acquisition and project finance, capital markets, mergers and acquisitions in the sector, and have participated in most of the major telecommunication deals in Bulgaria. Its clients are companies with significant importance in the field such as operators, service and technology providers.

Georgiev, Todorov & Co. is a long-term legal adviser of the biggest player on the Bulgarian telecommunications market – the Bulgarian Telecommunication Company.  Our lawyers provide consultations and comprehensive legal assistance on a broad spectrum of issues, regardless of the material interest of the case.

Energy and Natural Resources: Georgiev, Todorov & Co. has extensive experience in the field of energy law serving both Bulgarian and international clients regarding various legal issues. Energy-related legal advice is amongst the firm’s main areas of business and the firm is consistently and independently recognized for its work.

Georgiev, Todorov & Co. has successfully consulted on major infrastructure and development projects in the sector with a strategical significance for the Bulgarian energy market. The law firm also regularly provides legal representation both in regulatory and court proceedings to electricity, renewable and cogeneration producers, to gas and oil refineries and oil producers and to natural resources companies. Therefore, the team’s in-depth knowledge of the regulatory framework and its excellent litigation practice, makes Georgiev, Todorov & Co. a reliable partner, who is highly valued by its clients.

Real Estate and Construction: Georgiev, Todorov & Co.’s real estate team provides a full scope of legal services, including contract drafting (sale and purchase as well as construction agreements, contracts for establishing real rights), due diligence (complex analysis of real rights, ownership, the territorial status of properties, planning of territory), and representation before the institutions. The law firm also undertakes work related to acquisitions and disposals, financing, portfolio sales and securitization, and tax mitigation solutions.

The attorneys have the experience and expertise to deal with all demanding matters on behalf of investors, developers, corporate occupiers and other key players in the area. Clients are from various sectors – government, engineering, pharmaceutical, finance, and transportation.

Healthcare and Life Sciences: Georgiev, Todorov & Co. has extensive experience in the field and provides legal services to hospitals and pharmaceutical companies. The law firm has an excellent reputation and is recognized by independent international legal publications.

The expert team offers full-service legal support to various healthcare institutions by consulting them on corporate and specific regulatory issues, as well as successful representation in administrative procedures for registration and licensing of medical activities, recognition of qualifications of foreign specialists on the territory of the Republic of Bulgaria, applications for contracts for the provision of hospital care along clinical paths, etc. In the pharmaceutical sector, support is provided in relation to production, export, import and trade of pharmaceuticals and active substances and related authorization and notification administrative regimes, as well as on the pricing and reimbursement of pharmaceuticals.

Banking and Finance: Georgiev, Todorov & Co. provides banking advice in relation to transactional and strategic advisory work. The team advises a wide range of borrowers, lenders, issuers, underwriters and other clients in relation to debt finance and capital markets activities. The lawyers’ personal approach enables them to add value to their services for clients through their in-depth local market knowledge, multidisciplinary expertise and seamless capacity to manage international teams on cross-border projects efficiently and effectively.

Tax: The tax department has strong expertise in the field. The team offers comprehensive planning and consulting services to clients in various industries such as manufacturing, energy, mining, retail, software, and telecommunications. It provides proficient advice in corporate finance, banking and finance, as well as real estate. Georgiev, Todorov & Co. is well known for protecting the clients’ interests before the Bulgarian tax authorities and its high success rate in tax litigation.

Department Name Email Telephone
Managing Partner, Dispute Resolution Prof. Ivan Todorov, PhD i-todorov@georg-tod.com +359 2 937 65 38
Senior Partner, Head of Banking and Finance Prof. Valentin Georgiev, PhD office@georg-tod.com +359 2 937 65 42
Senior Partner, Head of Corporate and Commercial Arno Mamasyan arno@georg-tod.com +359 2 937 65 42
Senior Partner, Head of TMT Alexander Pachamanov pachamanov@georg-tod.com +359 2 937 65 40
Partner, Head of Real Estate Miglena Peneva peneva@georg-tod.com +359 2 937 65 32
Partner, Head of Tax Georgi Kostolov kostolov@georg-tod.com +359 2 937 65 42
Partner, Dispute Resolution Department Nikolay Lazarov nikolay_lazarov@georg-tod.com +359 2 937 65 42
Senior Associate, Energy Department Mariya Derelieva mderelieva@georg-tod.com +359 2 937 65 40
Senior Associate, Private International Law Department Tsvetelina Dimitrova, PhD ts.dimitrova@georg-tod.com +359 2 937 65 32
Associated Partner Vladimir Ivanov vlivanov@georg-tod.com +359 2 937 65 00
Photo Name Position Profile
Ms Mariya Derelieva photo Ms Mariya Derelieva Partner Main practice areas: Energy Law and Natural Resources, Dispute Resolution and…
Ms Tsvetelina Dimitrova  photo Ms Tsvetelina Dimitrova Partner Main practice areas: Corporate and Commercial Law, Private International Law, EU…
Mr Toma Drashkov  photo Mr Toma Drashkov Associate Main practice areas: Real Estate and Construction, Corporate and Commercial, Administrative Law,…
Mr Valentin Georgiev  photo Mr Valentin Georgiev Senior Partner Main practice areas: Banking, Insolvency, Contracts Law, Corporate Law
Mr Krasimir Hristov  photo Mr Krasimir Hristov Associate Main Practice Areas: Corporate & Commercial Law, Energy and Natural Resources, Dispute…
Mr Vladimir Ivanov photo Mr Vladimir Ivanov Associated Partner, Head of French Clients Division Main practice areas: EU &…
Ms Margarita Ivanova  photo Ms Margarita Ivanova Associate Main practice areas: Corporate and Commercial Law, Administrative Law, Dispute Resolution, Healthcare…
Mr Georgi Kostolov  photo Mr Georgi Kostolov Partner, Head of Tax Department Main practice areas: Tax Law, Dispute Resolution,…
Mr Nikolay Lazarov  photo Mr Nikolay Lazarov Partner Main practice areas: Administrative Law and Appeals, Energy Law and Natural…
Mr Arno Mamasyan photo Mr Arno Mamasyan Senior Partner Main practice areas: Corporate and Commercial Law, Banking and Finance,…
Mr Alexander Pachamanov  photo Mr Alexander Pachamanov Senior Partner, Head of TMT Department Practice areas: TMT, M&A, Concessions, EU…
Ms Dobrina Pavlova  photo Ms Dobrina Pavlova Senior Associate Practice Areas: Energy & Natural Resources, Corporate & Commercial, Dispute…
Ms Miglena Peneva  photo Ms Miglena Peneva Partner, Head of Real Estate Department Practice areas: Real Estate and Construction,…
Mr Ivan Todorov  photo Mr Ivan Todorov Managing Partner Practice areas: Dispute Resolution, Administrative Law and Appeals, Privatization, Banking,…
Mr Ivan Tserovski  photo Mr Ivan Tserovski Senior Associate Practice Areas: Energy and Natural Resources, Administrative Law and Appeals,…
Number of lawyers : 50
Number of partners : 10
Armenian
English
French
German
Russian
Bulgarian
Lawyers' Associated Worldwide (LAW)
Vogel Global Competition Network
British Bulgarian Business Association
ICC Bulgaria
AHK
Bulgarian-Swiss Chamber of Commerce
Bulgarian Chamber of Commerce and Industry

Three decades ago, Georgiev, Todorov & Co. set the tradition of one of the most successful law firms in Bulgaria. The team built a corporate culture focused on social responsibility and public contribution.

The lawyers help for the development of legal education by supporting national students in competitions, for scientific papers in the field, as well as national contests for resolving cases, not only by funding the prizes, but also by participating as jury.

As professionals in the field, the team recognises its responsibility toward young colleagues and provides a good start for the career of young lawyers in the firm. Georgiev, Todorov & Co. offers an our annual internship program for final year students and several lawyers have started working there after successfully completing it. The legal team’s professional responsibility is strongly focused on supporting the young colleagues regarding their education and experience gain. The students, who meet the necessary requirements, might take an advantage of the firm’s scholarship programme as well.

The team also invests in its people by encouraging them to participate in seminars, webinars, round tables, public discussions and working groups. As the legal framework and the economy are constantly changing, the lawyers understand how important is to be up to date with the market trends and recent legal changes.

Georgiev, Todorov & Co. has always respected the equal opportunities policy, which is proven by the gender diversity among the partners and associates in our team. 37 % of our lawyers are women and 63 % are men. We are proud to share the positive impact of our diversity policy by continuously increasing the female representation in our international legal team. This gives our clients the advantage of balance between female’s sense to details, perseverance and creativity in problem-solving, and men’s analytical skills, motivation and responsiveness.

The team strongly believes that diversity is a major development tool and therefore it is important to build a diverse team of lawyers. Undoubtedly this diversity initiative allows the lawyers to solve clients’ complex issues better and to provide them with more tailored legal service. Another benefit of the team is the knowledge of multiple languages and international regulations in addition to the native Bulgarian ones, including English, French, German, Russian and Armenian.

Outside the legal sphere, the law firm supports a number of charitable causes financially, donates equipment or spends personal time for contributions to the causes. Apart from providing excellent work environment and educational programs for its employees, for years Georgiev, Todorov & Co. has also developed an active social responsibility program by helping several disadvantaged children institutions. Diversity and social activity are set at the law firm’s policy and culture as the team firmly believes in the principle of the social responsibility and its positive impact on society.

Georgiev, Todorov & Co. is a the only Bulgarian member of the prestigious international organisation Lawyers Association Worldwide (LAW), and the clients of the law firm benefit from the network of 97 law firms in 184 jurisdictions, which work together to best serve their needs. The law firm is also a member of the Vogel Global Competition Network, British Bulgarian Business Association, German Chamber of Commerce, Bulgarian-Romanian Chamber of Commerce, French Chamber of Commerce and Confederation of the Employers and Industrialists in Bulgaria. In addition, due to its excellent reputation abroad, Georgiev, Todorov & Co. often works as a local advisor of major international law firms on key projects.


CLIENT: Ivo Zlatev, Chief Legal Counsel
COMPANY/FIRM: Bulgarian Telecommunication Company
TESTIMONIAL: Our team is impressed with the legal services provided by Georgiev, Todorov and Co. Law Offices, and especially by our key advisor Alexander Pachamanov, who has been consulting us and representing us in court for over 15 years on various legal issues concerning the company’s activities, including competition law, intellectual property law and commercial law issues.

CLIENT: Neli Draginova, Chief Legal Advisor
COMPANY/FIRM: Bulgarian National Bank
TESTIMONIAL: We are especially impressed with Mariya Derelieva, the newly appointed partner, who has been assisting us on a very complex issue for several years already. The broad range of legal expertise of the banking team was evident, and their business-oriented approach gives us the confidence to recommend them for banking and finance matters. Mariya is able to successfully advise us on all major and minor aspects of the case. Her enthusiasm and impressive legal knowledge greatly contribute to the successful outcomes for our team.

CLIENT: Lushka Palankalieva, Chief Legal Advisor
COMPANY/FIRM: Asarel Medet
TESTIMONIAL: Since 2010, when we started working with the team, Georgiev, Todorov & Co. has proven itself as a reliable partner, who is able to lead each project and case to a successful completion. Our team has never been disappointed of the legal assistance provided both in administrative proceedings and in consultations. We mainly work with Nikolay Lazarov, who is a great professional with exceptional litigation skills, expert knowledge in energy and natural resources and always meets our needs.

CLIENT: Stefan Radev, Mayor of Sliven Municipality
COMPANY/FIRM: Sliven Municipality
TESTIMONIAL: Georgiev, Todorov & Co. is significantly better than other firms we have used in the past. The commitment, loyalty and accountability of its lawyers are unparalleled and distinguish them from other lawyers in Bulgaria. Miglena Peneva is our main point of contact and she impressed us with her exceptional litigation skills, attention to details and proactive approach.

CLIENT: Velemira Kamenova, Head Accountant
COMPANY/FIRM: Alliance Print
TESTIMONIAL: Georgiev, Todorov & Co. has been our trustworthy partner for several years now. Their team is always prepared on time, has a very diverse skill set and a real passion for their work – the lawyers not only want to solve the particular issue but also to contribute to the future success of the company. The recently appointed partner Tsvetelina Dimitrova recently protected both our business and employees in the best possible way during the State of Emergency in Bulgaria because of the COVID-19 pandemic. She has great work ethics, efficient approach and is willing to think outside the box.

CLIENT: Silviya Krasteva, Legal Adviser
COMPANY/FIRM: Thermal Heating Plant Ruse
TESTIMONIAL: Georgiev, Todorov & Co. has in-depth knowledge in the energy sector, and superb litigation skills. The law firm has also successfully advised on multiple matters with a cross-border element and has expert knowledge of international regulations. We have been mainly working with Mariya Derelieva, who is always makes us feel secure that our questions will be answered and our business will continue evolving in the right direction. We have also worked with Arno Mamasyan for our most recent matter because he is an expert in corporate and commercial law, and an excellent litigator with outstanding analytical skills.

CLIENT: Gergana Milanova, Commercial Director
COMPANY/FIRM: Roche Bulgaria
TESTIMONIAL: For over a decade Roche Bulgaria trusts Georgiev, Todorov and Co. for assistance on our overall business activity and they have always provided excellent legal advice. We strongly recommend the law firm as a reliable partner with proven professionalism and high success rate both in court and consultations. We use their broad team of specialists including partners, senior and junior associates due to their diverse ideas and the provision of tailored legal advice.


The firm

Established 30 years ago, Georgiev, Todorov & Co. is a leading Bulgarian law firm, providing full scope legal services. The team of experts built a corporate culture, focused on a decision-oriented approach, which is aimed at understanding the business needs of both domestic and international investors and entrepreneurs in order help them unleash their full potential and achieve their business goals. The outstanding combination of in-depth knowledge of substantive law and the unparalleled expertise in judicial and arbitral representation enables the law firm to provide tailored legal services and to avoid any potential risks for its clients.

The law firm offers excellent legal advice, proven by multiple top tier rankings in various sectors in prestigious international legal directories, as well as confirmed by certificates by the International Organization for Standardization (ISO). Key areas of expertise are Dispute Resolution, Corporate and Energy Law, Real Estate, Healthcare and Telecommunications.

The clients

Over the years Georgiev, Todorov & Co. has earned the trust of many clients of significant importance on the Bulgarian market and worldwide.

  • Two key institutions of the European Union: European Commission and European Parliament
  • International pharmaceuticals and cosmetics leaders such as Roche and Recordati S.p.A
  • The biggest hospital chain in Bulgaria – Acibadem City Clinic
  • Oil companies in different countries: Gazprom (Russia) and Rompetrol (Romania)
  • One of the biggest technological companies: Microsoft Corporation (twice nominated our law firm as its best legal consulting practice outside the United States) and the largest telecommunications operator in Bulgaria – Bulgarian Telecommunications Company

The team

Georgiev, Todorov & Co. is made up of highly qualified and experienced professionals with an international background, who can deliver solutions on complex and diverse matters in several languages, including:

  • Bulgarian
  • English
  • German
  • French
  • Russian
  • Armenian

Some of our lawyers have degrees in European Union Law from leading universities such as La Sorbonne and King’s College London, as well as specialisations in universities abroad such as the University of South Carolina.

The network

Georgiev, Todorov & Co. is the only Bulgarian representative in the international organization Lawyers Associated Worldwide (LAW), which has members from over a hundred countries. The law firm is also a member of the international network Vogel Global Competition Network. Due to its exclusive membership to those key international organizations our team has access to a rich information network that provides it with the opportunity to approach leading law firms around the world in multinational disputes.

Where necessary, Georgiev, Todorov & Co. cooperates with key international law firms such as White & Case LLP and Baker McKenzie for complex issues with international clients. The team has a close relationship with colleagues in many countries, allowing it to manage international matters in a smooth and flexible way with the very best experts in the concerned area and gives the opportunity for advising foreign clients in all aspects of law.

DISPUTE RESOLUTION

Established 30 years ago, Georgiev, Todorov & Co. is well-known for its strong market understanding, providing legal representation to key local and international companies in various industry sectors. It is one of the leading Bulgarian law firms in the Dispute Resolution field for over three decades already. It has been involved on a number of complex international projects in the fields of energy law, real estate, telecommunications, and banking, as well as in most of the largest privatization transactions in Bulgaria, including Balkancar Sredetz, NU Image Bulgaria and the Bulgarian Maritime Fleet.

One of the most significant matters not only for the law firm, but also for Bulgaria was the mutually satisfactory agreement reached in January 2021 on the settlement of all existing disputes and claims, as well as the sale of the shares of Gazprom Group in Overgas Inc. (a large gas company in Bulgaria). Georgiev, Todorov & Co. acted as a local legal advisor to Baker & McKenzie and successfully consulted the major natural gas provider for Europe and Bulgaria – Gazprom Export LLC regarding a dispute which lasted over five years. Our law firm provided legal advice on all matters related to the energy regulations and commercial legislation in Bulgaria, including the potential enforcement of the arbitration award of the International Chamber of Commerce (ICC) in Bulgaria.

Our lawyers currently act as local council to the international law firm White & Case and the Serbian one NSTLAW in the investment arbitration of Kornikom before the International Centre for Settlement of Investment Disputes (ICSID). This case is significant because it is the only foreign investment dispute of a Bulgarian company against a state for 2019 and the matter required specific knowledge of the bilateral investment treaty (BIT) between Serbia and Bulgaria as the claim was for an unlawful termination of a privatization agreement.

Another recent win is related to the representation of BMF Port Burgas (the concessionaire of two terminals of the second biggest port in the country) before the Sofia Administrative Court in a dispute with the national grid operator. The European Court of Justice upheld the argument put forward by Georgiev, Todorov & Co on the scope of an EU Directive and the discretion allowed in relation to it in national legislation.

Georgiev, Todorov & Co. also regularly advises major players in the real estate and construction sector on various matters including G.P. Group, National Association of Property Developers and AG Capital.

The law firm also successfully defended on three court instances the rights of one of the largest healthcare establishments in Bulgaria – Acibadem City Clinic Tokuda against the National Health Insurance Fund (NHIF) for payment of оver-the-limit medical activities set by the NHIF.

Georgiev, Todorov & Co. is a popular choice for clients for both court representation and consultations due to the lawyers’ personal approach which enables them to add value through their in-depth local market knowledge, multidisciplinary expertise and seamless capacity to handle various legal issues efficiently.