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Bulgaria has introduced significant legislative changes in 2026, including new lobbying regulations, enhanced cybersecurity requirements, and EU-wide foreign direct investment reforms. Bulgarian courts have issued important rulings on insolvency criteria, director liability, and non-competition clauses in M&A transactions, while the Supreme Court prepares to address the validity of agreements detrimental to companies.

Seeking to simplify their corporate structure and transform their operations between companies incorporated in different jurisdictions, clients with complex international corporate structures are increasingly taking the opportunity to transform their companies through cross-border mergers.