Murgova & Partners Attorneys at Law > Sofia, Bulgaria > Firm Profile
Murgova & Partners Attorneys at Law Offices
8 TZAR OSVOBODITEL BLVD
FLOOR 3
1000 SOFIA
Bulgaria
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Murgova & Partners Attorneys at Law > The Legal 500 Rankings
Bulgaria > Healthcare and life sciences Tier 2
Murgova & Partners Attorneys at Law advises its impressive roster of clients, including state hospitals, private healthcare companies and medical centres, on clinical trials, public procurement procedures for medical products, cases concerning medical malpractice, in addition to general day-to-day matters. The team is known for having a ‘strong focus in the healthcare sector with dedicated partners’, including managing partner Petya Murgova, who has over 15 years’ experience in this sector, and recommended practitioner Silvana Dzharkova-Aleksandrova. Both lead the practice group alongside senior associate Alexander Stoimenov.Practice head(s):
Petya Murgova; Alexander Stoimenov; Silvana Dzharkova-Aleksandrova
Other key lawyers:
Simeon Krastev; Eliza Georgakieva
Testimonials
‘Strong focus in the healthcare sector with dedicated partners. Regular exchange of opinions with healthcare professionals, participation in healthcare forums. With me, the main partner Petya Murgova maintains regular monthly calls with emphasis on what’s new and what’s main topic of healthcare sector in Bulgaria. Very nice weekly bulletin with coverage of hot topics of the business and regulatory environment of Bulgaria.’
‘The managing partner Petya Murgova could be defined as a leading lawyer in the healthcare sector in Bulgaria. Her exceptional knowledge of the sector, applicable Bulgarian and EU legislation and extensive experience is crucial for us in order to be fully compliant with all regulatory requirements. We are very impressed by her professional approach to specific medical issues and her active participation in amendments of the local legislation framework. We could also recommend Simeon Krastev and Eliza Dzhoneva, who support our company in all aspects concerning the specific healthcare services. Mrs. Dzhoneva is a very confident, flexible, effective professional, who has impressive knowledge in the field of data protection regulation. Her expertise in public procurement supports our company in order to meet all the requirements and criteria of the national legislation. Mr. Krastev is always available and his timely advice supports us in our daily activity. We highly appreciate the team’s creative solutions on complex matters in the healthcare sector and administrative requirement for using natural, mineral and climatic resources for our medical procedures.’
‘We have used the services of Murgova and Partners Attorneys at Law for a long time and could undeniably say that they are trustworthy professionals who have become our trusted legal advisors on all cases in this specific area. The law firm helps us with legal advice and analysis concerning the healthcare regulations and legal framework. Murgova and Partners are always innovative when it comes to their expert advice. We appreciate how they always keep their clients informed about changes of framework, current legal issues, opportunity to apply for state aid etc., which they do through their weekly articles and newsletter, both very beneficial to our business.’
‘This practice is always solution-orientated and very focused and available to serve the customer. They have a great attitude with clients.’
‘We consider Murgova and Partners’ team as highly professional, always providing very accurate and timely legal services. First, we could point out the managing partner, Ms. Petya Murgova, who impresses us every time with her confidence and knowledge of all legal matters. Due to her continuous practical experience, negotiation skills and vast expertise she is capable of adequate reactions in each unexpected situation. Petya always looks at every angle, which makes her my top and best lawyer in the area of life sciences and dispute resolution. With her knowledge the client is always well informed how to choose the tactic which will make the case succeed. Very accessible and gives clients a lot of confidence. The other two members we could recommend are Ms. Silvana Dzharkova-Aleksandrova and Ms. Eliza Georgakieva. They both stand out as extremely prepared practitioners, always very responsive and providing advice strictly on time, which adds a great value the provided legal services and assistance.’
‘Personable, professional, punctual, innovative and caring.’
Key clients
Specialized Hospital for Rehabilitation
SAT Health
Vitania VR
Digital Health and innovations Cluster Bulgaria
My Synergy
Work highlights
- Advised Digital Health and Innovations Cluster Bulgaria under number of digital health projects in response to the changed health situation due to COVID-19.
Bulgaria > Dispute resolution Tier 3
Praised for being ‘extremely prepared in leading and handling construction arbitration’ cases, managing partner Petya Murgova jointly heads the dispute resolution team at Murgova & Partners Attorneys at Law, alongside ‘well prepared practitioner’ Alexander Moskov. The practice, which offers its own mediation and conciliation centre, also includes key member Silvana Dzharkova-Aleksandrova, who is noted for her expertise in tax litigation.Practice head(s):
Petya Murgova; Alexander Moskov
Other key lawyers:
Silvana Dzharkova-Alexandrova
Testimonials
‘Through the years of our cooperation with Murgova and Partners we have assigned them numerous complex dispute resolution cases. The whole team of the law firm possesses both practical and theoretical skills in combination with very strong and admirable negotiation skills, which is exceptionally useful when it comes to litigation and representation before the court.’
‘Petya Murgova is extremely prepared in leading and handling construction arbitration, investment protection and arbitration-related court proceedings. She is well versed in handling complex court and arbitration proceedings, as well as ad-hoc proceedings. She understands very well customer needs and is highly competent. Ms. Murgova has impressed us also with her negotiation skills, a feature especially valuable when it comes to out-of-court agreements. Due to her continuous practical experience, negotiation skills and vast expertise, she is capable of efficient and out-of-the-box advice in each unexpected situation, which arises within the court cases. Alexander Moskov is the other key attorney, who has provided us with thorough and adequate advice, which fully met our expectations and needs.’
‘So far, we have cooperated mainly with Ms. Petya Murgova, Mr. Alexander Moskov and Silvana Dzharkova-Aleksandrova. All of them are impressively experienced attorneys. The managing partner, Ms. Petya Murgova, is a highly professional attorney-at-law and a mediator, who possesses impressive litigation experience and managing skills with successful experience in dispute resolution. Due to her vast practical experience, negotiation skills and expertise she is capable of adequate reactions in each unexpected situation, which arises within the court cases. She gives us practical and business-oriented advice in order to optimize our costs and gives a fair evaluation of the potential gain at the end of a court trial against the benefits of a settlement under certain conditions before the trial or through it, which we admire a lot.’
‘Silvana Dzharkova-Aleksandrovais well-prepared in the area of dispute resolution and very easy to communicate with, which adds great value to the legal services and assistance provided.’
Key clients
Active Sofia
Palms Mercure Casino
Unique Estates
ET Gena Gospodinova
Simonas Cards
Property Assets
Piker
SOD 2004
IMAG Engineering
Soccerstars
Krito Commerce
Eurospeed
Digital Marketing
Chateau Louise et Louis
Go Grill
Work highlights
- Represented Kangaroo Trans in a case related to the appeal against a tax revision act charging undue income tax in the amount of over €300k.
- Represented Active Sofia in a litigation case related to claim of payment under a construction agreement.
- Represented IMAG Engineering in a litigation case related to claim of payment under a construction agreement.
Bulgaria > Real estate and construction Tier 3
Murgova & Partners Attorneys at Law acts for local companies and investors on real estate transactions and construction matters, as well as advising foreign clients on the purchase and sale of land and property in Bulgaria. Managing partner and ‘highly professional lawyer’ Petya Murgova leads the practice group and is supported by Alexander Moskov. Key clients include DMT 2010 and the Specialized Hospital for Rehabilitation.Practice head(s):
Petya Murgova; Alexander Moskov
Testimonials
‘I would single out the managing partner Petya Murgova as a highly professional lawyer. She is extremely responsible and has an extensive legal practice in real estate and construction, almost 30 years. She has also impressed us with her ability to come up with efficient strategies and identify potential risks. Mr. Alexander Moskov is the other leading lawyer, who we would like to single out for his reliability and excellent knowledge of real estate law.’
‘The team has long-term experience in this field, being consultants to numerous successful projects. We were provided with the full set of necessary legal services including with detailed and well-founded legal due diligence reports, helpful advice on the most beneficial structure of the relations with third parties, assistance during the conducted negotiations, as well as the full set of necessary documentation.’
‘We highly value the individual approach of the team and on this basis, we describe them as a counsel we could always count on.’
Key clients
Duev 90
Specialized Hospital for Rehabilitation
Arhinex
Fobos Auto
PIM Haskovo
DMT 2010
N – Style
Asha Invest
AGK Consulting and servcies
Chateau Louise et Louis
Work highlights
- Advised DMT 2010 on the drafting, negotiation and completion of an agreement for establishment of right of construction, for the construction of a residential building in central Sofia.
- Advised Chateau Louise et Louis on the drafting, negotiation and completion of an agreement for pipeline, heating and ventilation services.
- Advised Building Express on numerous acquisitions of real estate deals in connection to the client’s building activities.
Bulgaria > Commercial, corporate and M&A Tier 4
Murgova & Partners Attorneys at Law fields a team of ‘top quality lawyers’, who advise companies across the IT, manufacturing and real estate sectors on a range of corporate matters, as well as daily commercial activities. Petya Murgova, who is praised for her ‘fascinating knowledge’, leads the team alongside Alexander Moskov.Practice head(s):
Petya Murgova; Alexander Moskov
Other key lawyers:
Silvana Dzharkova-Aleksandrova; Simeon Krastev
Testimonials
‘Loyal relationship, very professional and reliable. Quick reactions at request.’
‘Alexander Moskov is another key member of the team, who has solid knowledge in the area of corporate and commercial law.’
‘We have been working closely with the managing partner Petya Murgova. She is extremely experienced in all matters concerning corporate, commercial and M&A and has always offered to us and our mutual clients effective decisions and mechanisms. She has fascinating knowledge of the applicable law and we can count on her for providing efficient strategies and transaction structures. We are impressed with her skills which have been essential for the complex legal support we require. We would also like to point out Silvana Dzharkova-Aleksandrova. Together with Ms. Murgova, she is our main point of contact and has been the leading team member on most of our corporate and commercial law related tasks. She has proven to be a highly effective, confident and flexible member of the Murgova and partners team.’
‘Simeon Krastev is very confident, flexible and highly effective in all cases related to our business matters.’
‘Top quality lawyers, available, precise and able to develop strategic advice relying upon good contacts with the local authorities.’
‘Murgova and Partners’ team members are highly professional legal consultants, who are always ready to assist our company in every commercial case we are dealing with. All of the team members have incredible theoretical skills, confidence and flexibility, which is how they managed to get acquainted with the specifics of our business activity, as well as with all internal processes within our organisation. We should mention the managing partner Petya Murgova. She has impressed us with her 30 years’ practical experience, as well as her deep knowledge of constantly evolving complex areas of law of life sciences. She is talented and a highly effective advocate, especially to find best possible alternative in complex situations. The other team member that we have worked with is Silvana Dzharkova-Aleksandrova who is a flexible, always well-prepared lawyer.’
‘We work with Silvana Dzharkova-Aleksandrova, who is an exceptional specialist and always there when you need.’
Key clients
PIM Haskovo
Internet Corporated Networks
Simonas cards
Property Assets
Lemi Trafo
Vermanns
Innovative Product
Soccerstars
Viber Media Bulgaria
Favo
DM Services
Balkan services
Mars Armor
Unique Estates
VIA Architects
Go Grill
White Water
Work highlights
- Providing ongoing advice to Viber Media Bulgaria on all corporate and commercial issues.
- Advised Kreon Bulgaria during the start up process of its business in Bulgaria.
- Providing ongoing advice to PIM Haskovo on all corporate and commercial matters.
Murgova & Partners Attorneys at Law > Firm Profile
The firm: Founded by the managing partner, attorney-at-law Petya Murgova at the beginning of the 21st century Murgova & Partners Attorneys at Law has rapidly grown and earned the reputation of a leading law firm due to its professional expertise, high quality of the services provided and the personal commitment of the team members towards the profession and each particular client. At present the legal team consists of 12 legal experts – energetic individuals with vast experience in various areas of Bulgarian and international law.
Apart from its proficiency in the main areas of corporate and commercial relations, the firm has developed to provide and offer the full scope-legal service to corporate clients in the sectors of M&A, corporate and commercial, public procurement, real estate and construction, administrative and civil litigation and commercial arbitration to name a few.
The firm’s exclusive partnership with globally renowned companies, specialised in sectors such as corporate finance, accounting and audit allows Murgova & Partners Attorneys at Law to offer integrated and overall solutions to clients. The firm believes that these areas are inevitably linked with the spheres of legal practice and such cooperation allows it to provide a full one-stop shop service.
The firm’s ultimate goal is set in offering professional, flexible, prompt and top-quality legal services, which provide the client with working solutions to his day-to-day or perspective business decisions. The firm has been engaged in legal representation of major local and foreign clients in real estate, commercial and administrative law dispute resolutions.
Further to the above, Murgova & Partners Attorneys at Law established an independent mediation and conciliation centre in Bulgaria. The managing partner Petya Murgova is also one of the founding members and chairperson of the Balkan Association for Dispute resolution – an NGO uniting legal experts from nine countries.
Areas of practice: Murgova & Partners Attorneys at Law is a full-service legal firm, offering its clients a wide range of legal services. The firm strives to provide result-orientated and personalised legal advice of an exceptionally high standard in a time and cost-efficient manner.
The legal team of Murgova & Partners Attorneys at Law has provided legal services to international and local clients from various economic sectors, including automotive, IT, logistics, manufacturing, real estate and construction to name a few. The firm’s services include but are not limited to:
Full-scope corporate and commercial legal services, LDD, including corporate, real estate, HR and commercial aspects.
Analysis and development of merger and acquisition deal structures and strategies. Post-merger and acquisition legal services.
Legal advice, assistance and analysis on investment incentives and procedures available to the client under the Bulgarian Investment Promotion Act.
Full day-to-day legal services to corporate clients.
Asset (real estate properties or limited property rights) acquisitions and dispositions.
Legal representation and advice in negotiations, contract structuring and regulatory issues.
Legal advice and assistance related to credit facility agreements, restructuring and securities.
Consultation and participation in public procurement procedures. Elaboration of tender documentation and legal representation in Protection of Competition Commission procedures.
Research and advice on concentrations and pool agreements, abuse of market power, vertical and horizontal agreements.
Civil, administrative and commercial litigation, arbitration, ADR, pre-assessment services, insolvency proceedings.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Corporate and commercial | Petya Murgova | ||
| Corporate and commercial | Alexander Moskov | ||
| M&A, company restructuring | Petya Murgova | ||
| M&A, company restructuring | Silvana Dzharkova | ||
| Banking and finance | Petya Murgova | ||
| Banking and finance | Stanislava Gurdjieva | ||
| Real estate and construction | Petya Murgova | ||
| Real estate and construction | Alexander Stoimenov | ||
| Public procurement and competition | Petya Murgova | ||
| Public procurement and competition | Silvana Dzharkova | ||
| Intellectual property | Petya Murgova | ||
| Intellectual property | Silvana Dzharkova | ||
| Administrative law, tax and administrative litigation | Petya Murgova | ||
| Administrative law, tax and administrative litigation | Silvana Dzharkova | ||
| Employment and labour | Petya Murgova | ||
| Employment and labour | Alexander Moskov | ||
| Regulatory compliance | Petya Murgova | ||
| Regulatory compliance | Stanislava Gurdjieva | ||
| ADR and mediation | Petya Murgova | ||
| ADR and mediation | Alexander Stoimenov | ||
| Civil litigation and dispute resolution | Petya Murgova | ||
| Civil litigation and dispute resolution | Alexander Moskov |
Staff Figures
Number of lawyers : 12Languages
Bulgarian English French RussianMemberships
Hungarian-Bulgarian Chamber of Commerce International Association of Lawyers (UIA) Russian speaking Lawyers Community BADR - Balkan Association for Dispute Resolution - certified mediators' allianceDiversity/Community
Murgova and partners attorney at law and our team members are engaged in and support a number of charities and NGO organizations. Amongst others, we strongly support organizations which focus on human rights, children and women. Our managing partner Ms. Petya Murgova is a member of the Board of directors of the non-profit organization Ladies Forum which supports the rights of women professionals. Through our non-profit collaboration with renown artists we have on a number of occasions promoted and sponsored auctions, the profits from which are donated.
Our firm also provides pro bono services to clients based on our internal policy rules. We are always willing to provide our professional legal services under pro bono terms as it is our strong belief that justice and professional legal assistance should be accessible to all.
In a different sphere, “Murgova & Partners” Attorneys at Law established an independent Mediation and conciliation center in Bulgaria.
The managing partner Ms. Petya Murgova is also one of the founding members and Chairperson of the Balkan Association for Dispute resolution – an NGO uniting legal experts from nine countries: Bulgaria, Macedonia, Turkey, Romania, Greece, Serbia, Croatia, Montenegro and Kosovo.
The fundamental objective of the Association is the establishment of mediation as ? preferred out-of-court method for internal and cross-border dispute resolution. The mission of the Association, uniting lawyer-mediators from all over the Balkan Peninsula, is to develop and establish mediation as an out-of-court procedure for dispute resolution in each State represented in BADR. Another primary goal of BADRs members is to contribute to the improvement of the national legislation of member states and adoption of mediation as an absolute prerequisite to court procedures.
The Association also has an educational purpose: to organize national and international seminars, trainings, mediation competitions and round tables. BADR will establish and maintain contacts and work in close cooperation with Bulgarian and international organizations as well as individuals who share the same values.
The philosophy of BADR is to aid and assist disputing parties to change their way of perceiving a conflict; to cooperate with them in order to achieve an amicable solution, avoiding court proceedings and thus the intervention of a third party.
Client Testimonials
CLIENT: Mars Armor ltd
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: The firms team has always proved to be efficient and of top quality, always available to provide a working solution and adequate legal opinion. We find the overall level of the legal services provided by M&P excellent. Our assignments usually require short response times but in-depth analysis as well – a requirement which not all legal advisors on the market can meet.
CLIENT: BDO Bulgaria
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: We also use the companys services for BDOs commercial and corporate legal work and we have been more than satisfied with the results. Murgova and partners have assisted us in the drafting and completion of numerous BDO directly related corporate and commercial issues with 100% positive outcomes. The entire team of Murgova and partners is considered to be deeply dedicated to their clients cases. As a result we have no doubt that we can rely on them anytime.
CLIENT: Viber Media Bulgaria (part of the Viber group of companies)
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: Murgova & Partners have greatly helped us to successfully setup our operations in Bulgaria. They have provided high-quality, timely and proactive legal advice, which has incorporated their vast professional experience, deep understanding of the local context and high professionalism. We look forward to working with them while we expand our business activities in CEE.
CLIENT: Specialized Hospitals for Rehabilitation National Complex Ltd
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: We consider Murgova & Partners Attorneys at Law team as highly professional. The legal services they provide could be defined as very accurate and timely. They answer in a timely manner which facilitates our operational every day activities. Furthermore having in mind the scope of activity of the company (providing healthcare services to the public) which requires sector specific knowledge and devotion we can confirm they meet these criteria.
CLIENT: Palms Mercure Casino
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: It is complicated to find a strong team in litigation. We can defiantly point Murgova and partners Attorneys at law as a team of very experienced lawyers in the area of litigation. The members of the team have proved that they are qualified professionals, who take each case with their best responsibility. Each step is very clear to us as clients.
CLIENT: Internet Corporated Networks ltd. (ICN)
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: I have worked with several law firms for the past 10 years I believe that Murgova & Partners are the best choice so far. I would not recommend any other firm I have worked with. Comparing to all other firms I have used Murgova & Partners has the best knowledge and response time which is critical for us.
CLIENT: BLD
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: The legal services provided by Murgova & Partners Attorneys at Law are highly professional. The provided advice was essential for taking next steps on real estate transactions, it was very business oriented. The work on investigating the legal risks in this connection was done timely and in detail
CLIENT: Simonas cards ltd
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: Our company has used the services of the firm for over 6 years. They have assisted us in a number of our projects and have been very efficient in providing strategic legal advice in some of the most complicated disputes our company has faced during the past years. We highly value the achieved results and we currently use the firms legal advice on a day-to-day basis. We would put top marks on the legal expertise of Murgova and partners attorneys at law.
CLIENT: Balkan Services ltd
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: In the period of our long-standing partnership, the team of “Murgova & Partners – attorneys at law has always shown exceptional professionalism and high quality of work. They deal with each given case in a responsible and correct attitude, and as a result, the fulfillment of the assignments is always within the specified time. We are confident that we can rely at any time on their expertise.
CLIENT: SAT Health JSC
COMPANY/FIRM: Murgova and partners attorneys at law
TESTIMONIAL: We are working with them the past two years. Their knowledge and attention to detail have aided in keeping our company on track from the establishment and through the whole process of structuring the company. I feel confident in recommending Murgova & Partners services. They are not only thorough but also easy to work with and always willing to take the time to discuss my concerns and respond to questions.
Press Releases
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1st April 2021 The rights and obligations of the partners in a limited liability company (Ltd.) is always an interesting and very controversial topic, both in theory and in case law and doctrine. Today it is impossible to imagine the economy without the existence of a limited liability company as the most preferred form for the implementation of commercial activity in Bulgaria.Nature of the membership
With the establishment of the limited liability company certain membership rights and obligations arise for the partners. In general, they can be divided into property and non-property rights.
This article will focus mainly on the obligation of loyalty and the right of access to company’s documents - some of the most discussed non-property obligations and rights of partners.
The practice, especially in the time of a highly developed market economy, often misunderstands the obligation of loyalty and connects it with the non-performance of a competitive activity of the company. The opinion that a competitive activity is any participation of the partner in several companies with a similar subject cannot be unequivocally shared. Looking at the obligation through the prism of one of the basic principles of commercial law, namely the free economic activity, the obligation of loyalty should be interpreted narrowly.
The case law is consistent with the assessment that the partner's participation in several companies with a similar subject of activity should not be unambiguously understood as a competitive activity and is not an indisputable ground for his exclusion from the company. As a specific expression of this obligation is considered the performance of specific actions that harm the interests of the company, such as:
- sharing know-how;
- unfair attraction of clients;
- damage to the good name of the company, etc.,
and which would be grounds for termination of membership and the resulting claim for compensation by the company to the partner who committed the violation.
In this regard, it is recommended that in the Articles of Association and in the internal documentation of the company contain clearly defined written rules settling the obligations of the partners and which specific actions will be considered a breach of the obligation of loyalty, so that such a manifestation of this breach can be sanctioned and proven convincingly.
Right of the partners to access the company’s documents
The obligation for loyalty is closely related to one of the granted non-property rights to the partners, which is incorporated in Art. 123 of the Commercial Law. It contains an obligation for the company to provide access of the partner to the company’s documents. Such documents may be:
- commercial and employment agreements;
- financial documents;
- Accounting reports;
- trade books.
The content of this right includes the possibility for each partner to receive at any time information about the overall condition of the company. The obligation is not to provide the original documentation or to send it to the partner, but to provide him with access to it.
The specifics of providing information to a partner may vary. It is often considered that denying access to the company's documents constitutes a violation of his right of access. There is no explicit provision in the law for the cases in which access to these documents may be denied, but nevertheless the company has other means of protection such as preparation and adoption by the General meeting of internal rules for access to information, in which the procedure is explicitly regulated, according to which it can be provided, the levels of access, the obligations for confidentiality, protection of trade secrets, etc. Through such documents it is possible to provide a procedure for exercising the right of access and easy control over the document turnover.
Negotiating a penalty for performing a competitive activity
Since there is no formal requirement for the partner not to perform competitive activity, unlike it is for the manager, it is possible for the parties to agree to owe a certain penalty in the presence of such actions. Complying with the principles of law and the freedom to contract the company can protect its interests with wording within the Articcles of Association or through a separate agreement.
Recently, the issue of the validity of the penalty clause was resolved by a decision of the Supreme Court of Cassation, which rightly defines it as a legally recognized opportunity to protect the Company, which aims to ensure customer retention, developed markets and preservation of production and trade secrets. Its security and sanctioning functions are intended to deter the partner from unfair actions that would harm the interests of the company .
It is important to know:
The violation of the above-described non-property obligations of the partner in Ltd., as well as the obligation to assist in carrying out the company's activities and personal participation in company affairs and the obligation to implement the decisions of the General Meeting of the partners may result in exclusion of the partner by decision of the General Meeting and claiming penalties and compensations.
A prerequisite for the exclusion of a partner is the delivery to the partner of a written warning for exclusion. The excluded partner has the right to receive his company (liquidation) share, whose equivalence also has different dimensions - from balance to market value and should be explicitly regulated in the Articles of Association.
Murgova and Partners Attorneys at Law has extensive experience in the legal service of Bulgarian and international companies in developing a comprehensive set of documents for registration of the most appropriate form of association. We make special efforts to prepare Company Agreements in accordance with the needs and specifics of the company, as well as in the drafting of internal rules explicitly governing the procedure for access to information, protection of trade secrets, loyalty obligations and competitive activities of the partners. The members of our team have many years of expertise in the legal representation of companies in case of violation by partners or companies of these rules. If you have any questions or need a consultation, you can contact us at www.murgova.com.Bank loans and renegotiation conditions after lifting the state of emergency
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