Penkov, Markov & Partners maintains a strong position in the market for dispute resolution, dealing with a notable share of construction, real estate and energy mandates. The group also has experience representing individuals on tax and money-laundering litigation. Practice head Atanas Valov has notable proficiency in commercial litigation and arbitration, in addition to experience in white-collar fraud cases. Pavel Tsanov is another active member of the team, and is a regular advisor on insolvency cases.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Atanas Valov has an exceptionally quick and logical mind, which together with the vast practical experience he has gained makes him truly the best lawyer I have ever met. '
- 'This practice stands out for its combination of deep legal expertise, commercial awareness, and client-oriented approach. What makes the team unique is its ability to provide not only technically precise legal advice, but also practical solutions that align with clients’ strategic goals. Potential clients would wish to know that the team is highly responsive, approachable, and able to handle complex, cross-border matters with efficiency and precision.'
Key clients
- Allianz Bank Bulgaria AD PSS Stroitelstvo AD Topcon Europe Positioning B.V. Berlin-Chemie AG Ferratum Bulgaria EOOD (part of Multitude Finland) Dana Kft Brilliant Invest Property OOD Private School American College of Sofia Niko-99 Jordanka Todorova EOOD Dova Management Limited Energy MT EAD Marvik Pastrogor EOOD SKV Industries EOOD Enprom EOOD TNT Bulgaria EOOD (Fedex) ITS 2005 EAD MBAL Skin Systems EOOD DNV GL SE (former Germanischer Lloyd SE) Coffee Life Ltd (Costa Café) Coca Cola Hellenic Bottling Company Bulgaria EAD Global Biomet EOOD Autotechnika EOOD (official dealer of KIA for Bulgaria) NETCREDIT OOD BA Glass Bulgaria SA Glorient Investment BG OOD Arteks Engineering AD/ Arteks Zlaten Vek OOD Diamond Property EOOD Zagorka AD (part of Heineken group) Magna MK OOD Agria Via Oil EOOD FLYR Inc., USA
Work highlights
Representing Energy MT EAD before the Supreme Administrative Court on a dispute against the validity of the Methodology for determination of the prices of the balancing electricity energy, which entered into force as of 01.05.2024.
Representing Topcon Europe Positioning B.V. before the Bulgarian courts on a €4.6m white collar crime case regarding a sophisticated e-fraud conducted by an international group.
Represented PSS Stroitelstvo AD before the Arbitration Court with BCII on a joined construction arbitration cases with the investor in a luxury hotel in Sofia with a total value of the claims over €2m.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Atanas Valov
Other key lawyers
Pavel Tsanov; Radost Georgieva; Anelia Licheva