Banking and capital markets work is at the heart of Stoeva, Tchompalov & Znepolski, with additional strength in insurance contracts and litigation. It also advises on anti-money laundering and counter terrorist financing requirements. The group is jointly steered by two partners: Iordan Tchompalov is lauded for his extensive capital markets experience, and Irina Stoeva is a key advisor in insurance matters. Additional names to note in the team include Natalia Yordanova, and Tihomir Todorov, who was promoted to senior associate in January 2025.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Iordan Tchompalov is calm, available, and strategic — he spots potential issues before they turn into problems and keeps negotiations on track.'
  • 'Tihomir Todorov is impressive, combining deep technical knowledge with a very approachable style. Both make you feel like they’re part of your own team rather than outside advisers. The associates supporting them were also sharp and responsive, which made the whole process smooth.'
  • 'Stoeva, Tchompalov & Znepolski is among the very few Bulgarian law firms with a deep understanding of both the essence and the underlying policy issues of capital markets law. Iordan Tchompalov has been active in the field for decades, while Natalia Yordanova brings more than 15 years of experience. Together, they have built outstanding expertise across a wide range of capital markets and banking matters, including investment funds, listed company regulations, disclosure requirements, and market abuse. Their responses to our queries are consistently prompt, and their advice is both practical and tailored to the circumstances. Importantly, they also maintain their fees at a very reasonable level.'
  • 'The Banking, Finance and Capital Markets team combines deep expertise with a very proactive approach, which makes them stand out. They are not only highly responsive but also anticipate potential issues and address them before they become obstacles. Potential clients would value their ability to manage complex financing structures with precision while still keeping the process practical and straightforward. The team’s strong coordination, collaborative spirit, and consistency under pressure give real confidence in the outcome of transactions.'
  • 'The individuals I have worked with stand out for their responsiveness, attention to detail, and ability to provide clear guidance in complex financing matters. I would particularly highlight Iordan Tchompalov, whose expertise, calm approach, and strong coordination skills have been invaluable in keeping transactions on track and ensuring that key issues are addressed efficiently.'
  • 'Stoeva, Tchompalov & Znepolski is a firm that offers a unique combination of big-firm expertise with a boutique-firm feel. We were drawn to them because they are specialists in banking and insurance, rather than a jack-of-all-trades firm. This focused approach means they truly understand our industry's specific challenges and regulatory landscape, especially in the Bulgarian market.'

Key clients

  • Eurohold Bulgaria AD
  • Varengold Bank AG (Germany)
  • Belozem Solar Park 2 OOD (Bulgaria)
  • Electrohold Bulgaria OOD (Bulgaria)
  • SDI Group AD
  • Sizigy OOD (Bulgaria)
  • ABV Investments EOOD (Bulgaria)
  • First Financial Brokerage House
  • Insurance company Armeec (Bulgaria)
  • Balkan Agricultural OOD –
  • AXA (Belgium)
  • Factory AD

Work highlights

Advised Eastern European Electric Company B.V. on its €500m 6.500% Guaranteed Secured Notes due 2030 admitted to trading on the Luxembourg Stock Exchange.
Advised Belozem Solar Park 2 on a €122m project financing for the construction and operation of a 160 MW photovoltaic power plant and of an energy storage project with installed power of 36 MW and a capacity of 72 MWh in Bulgaria.
Representing AXA Belgium before Bulgarian court in a claim for compensation brought by the heirs of a Belgian citizen died in a road accident in Bulgaria.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

Iordan Tchompalov; Irina Stoeva

Other key lawyers

Natalia Yordanova; Tihomir Todorov; Peter Znepolski