CMS
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CMS covers a broad scope of work, including investment, financing and re-financing of large cross-border transactions and projects, often those in the renewable energy space, securities offerings, tender offers and takeover bids and loans, where the firm has experience advising banks and PE-firms on the borrower side and fintech companies on the lender side. The team is led by three practitioners: Elitsa Ivanova, who is a dual qualified Bulgarian and English lawyer, and is therefore well placed to advise on cross-border corporate, project and leveraged finance mandates; Dimitar Zwiatkow, who handles real estate finance, regulatory matters and banking litigation; and Gentscho Pavlov, who specialises in M&A, restructuring and banking regulatory work. Further key names in the department include Ivan Gergov, Katya Todorova and Konstantin Altandzhiyski, who joined the team in February 2024 from Wolf Theiss.
Legal 500 Editorial commentary
Key clients
- IFC
- ING Bank N.V.
Work highlights
Advice to IFC in relation to their investment through a sustainability-linked financing package.


