Our partner Pavel Hristov has been selected as a juror for the 2020 CEE Deals of the Year Awards — the most prestigious and sought-after peer-selected awards for the legal industry in Central and Eastern Europe. The CEE Deals of the Year Awards by CEE Legal Matters, the leading source of news and information about […]
The value of a startup is in its people (the founder/s and the key employees), the product(s) or service(s) and the main income sources (e.g. material contracts with key customers). We live in times when entrepreneurs are celebrated and their successes widely recognized. Times when startup companies can accelerate (thanks to factors such as new […]
The latest edition of the prominent international legal directory Chambers & Partners Global confirmed Hristov & Partners position among the leading corporate and commercial law firms in Bulgaria. According to the directory’s testimonials and client feedback, our firm has been described as “an active corporate and commercial practice with noted strength in international transactions. Increasingly […]
Most will agree that doing M&A deals is a science and an art. It usually requires teamwork, discipline, determination and resilience to see through an acquisition or a divestment respectively. The successful closing of a M&A deal and the successful post-closing integration critically depend on (i) strong business rationale of the transaction; (ii) availability of […]
Some notes/reminders for data controllers based on the Bulgarian Personal Data Protection Commission’s practice from the last quarter of 2020: 1. The requirement for a timely and motivated response to a data subject’s request (e.g. for access to or erasure of her/his personal data) is a separate obligation of the data controller and its violation […]
In this second part of our overview of the CPC’s proposal for amendments of the Bulgarian Competition Protection Act (the “Proposal”), we comment on some of its most important aspects. Mandate of the CPC The Proposal provides for an extension of the CPC members’ mandate from five to seven years. According to the CPC, the […]
Happy Holidays to all young, curious and ambitious (would be-)colleagues, who have recently started or are about to start their journey in our distinctive profession! Next year, in 2021, starting in mid-January, our managing partner Pavel Hristov will give each 2 (1+1) hours of his time to 10 of those (would be-)lawyers. In a video or […]
The Bulgarian competition authority (the Commission for Protection of the Competition or the CPC) has prepared and published a proposal for a draft law for amendment of the Competition Protection Act. The main purpose of the amendments is to implement into the national legislation certain provisions of Directives 2019/1 and 2019/633 that have not been […]
Hristov & Partners, alongside with the global counsel, has advised MTD Products Inc., with headquarters in Cleveland. Ohio, the leading manufacturer of outdoor power and lawn care equipment, on the restructuring of its business operation in Bulgaria. The restructuring was based on business review and included among others voluntary liquidation of the Bulgarian subsidiary company […]
Hristov & Partners advised the acquirer on certain aspects of the transaction documents for the purchase of assets and production facilities of one of the leading producers of processed foods in Greece Creta Farms. Impala Invest Group stated that “this is the biggest foreign (outbound) investment by a Bulgarian food company”. Our firm’s team was […]
