Category: Uncategorized

M&A Brief Practical Notes 2

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 […]

Chambers Global 2021 Confirms Hristov & Partners Position

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 […]

Practical M&A Brief Notes 1

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 […]

Bulgaria Data Privacy Update: Q4 2020 Summary

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 […]

Hristov & Partners has advised on the MTD Bulgaria Restructuring

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 Impala Invest and Bella Bulgaria on the Acquisition of Creta Farms

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 […]