On 11 June 2020 the Commission for Protection of Competition (CPC or the Commission) adopted Decision No. 466/11/06.2020 (the Decision) imposing fines in a total amount of c. BGN 4,410,000 (c. EUR 2,250,000) on CEZ Bulgaria, CEZ Electro Bulgaria and CEZ Razpredelenie Bulgaria (collectively CEZ) for abuse of a stronger bargaining position under Art. 37a […]
COVID-19 screening at the workplace
We will likely be wrong with some of our predictions but still hope this is helpful. Like in other European markets we see a significant decline in the M&A activity. Overall, we are not optimistic and anticipate a more substantial general recovery not earlier than in 2021. In Bulgaria, a return to the 2018-2019 deal […]
Hristov & Partners is privileged to support the highly innovative and influential Webit Festival as a Partner and Bulgarian legal counsel. The Global Webit Series and Webit Virtual redefine the future of high-impact thought-leadership events and networks.
We are very pleased to share our firm’s greatest recognition and highest rankings to date in the new 2020 edition of the leading international legal directory Legal 500 EMEA. Hristov & Partners is ranked in Tier 2 in both categories where we compete: Commercial, Corporate and M&A and EU and Competition. Like in the previous […]
On 30 January 2020 the ECJ issued its preliminary ruling in Case C-307/18 which is likely to have both general and sector-specific implications for antitrust practice. The case concerns certain pay-for-delay agreements between GSK as the manufacturer of an originator drug called paroxetine and its (potential) generic competitors on the UK market IVAX, GUK and […]
We are very pleased to share our latest recognition and higher rankings in the international legal directory Chambers Global 2020. Our firm has been recommended as an ‘active corporate and commercial practice with a noted strength in cross-border M&A and corporate governance’ and ranked among the leading Bulgarian law firms in the area of commercial […]
We believe that the legal profession must contribute to the overall economic and social well-being of society. We facilitate transactions and help businesses with positive impact on the local environment. We are proud to share that in 2019 our firm marked its 7th anniversary with further achievements in that strategic direction: We advised one of […]
Hristov Partners acted for Elit Car and its founders on the parallel acquisition of Auto Kelly Bulgaria Ltd. and the sale of 20% of Elit Car’s share capital to Auto Kelly a.s., an affiliate of LKQ Corporation (NASDAQ: LKQ), a global automotive spare parts conglomerate, in a complex series of interrelated cash and shares transactions. The combined business, which will continue to operate under both […]
On 29 July 2019 the European Court of Justice rendered its preliminary ruling in Case C-40/17 Fashion ID GmbH & Co. KG v. Verbraucherzentrale NRW eV providing insight on the limits of a controller’s responsibilities under Directive 95/46 and possibly under the GDPR. Fashion ID, an online clothing retailer, embedded on its website the ‘Like’ plugin of Facebook which […]
