Bulgaria M&A Brief Practical Notes 6

Typically M&A is about acquiring or merging businesses and companies. More and more often, it is and will increasingly continue to be about people: founders, leadership, management, key employees, employees with specific skills and expertise. Naturally, this will further complicate valuations, since many variable factors are to be accounted (all personal circumstances will likely differ […]

Mогат ли да бъдат вредни за българската икономика и правова държава регулатори като Комисията за защита на конкуренцията?

Когато един регулаторен държавен орган не изпълнява ефективно и в пълен обем възложените му по закон правомощия този орган не функционира в полза на обществото и икономическото развитие. И там, където регулираният от закона пазар не е в достатъчна степен конкурентен и либерализиран и пазарната сила е концентрирана в един или малко на брой пазарни […]

Our Firm Acted for CTP on the Acquisition of Sofcor Logistics from Cordeel Group N.V.

Hristov & Partners acted for CTP on the acquisition of Sofcor Logistics, a park operator in Sofia, from the international developer Cordeel Group N.V. in what is the largest deal (in value) in the logistics real estate sector year to date. Hristov & Partners’ team included partners Pavel Hristov, Biliana Shagova, senior associate Dragomir Stefanov and of counsel Kremena Stoyanova. “We are very pleased […]

Hristov & Partners Promotes Dragomir Stefanov

Hristov & Partners is very pleased to announce the promotion of our colleague Dragomir Stefanov to Senior Associate, effective from 20 August 2021. “Dragomir has been a valuable member of our team. Our clients and peers praise his expertise, responsiveness, creativity and commercial awareness. We are proud of Dragomir’s fantastic progress and confidently expect his […]

Bulgaria M&A Brief Practical Notes 5

M&A lawyers play a role in the deal-making process. A critical part of that role is to facilitate the closing of the transaction. That’s why when selecting their M&A advisers clients would often look into the respective lawyer’s closing track-record, and try identify who the best closers are among the shortlisted lawyers. The path to […]

Bulgaria M&A Brief Practical Notes 4

What to consider in a tech acquisition due diligence in Bulgaria? Products and IPRs In Bulgaria copyrights in software developed by company’s employees belong to the company-employer, if created within the employment relationship and absent agreement with the employee to the contrary. Similar rules apply to inventions, but the company has a 3-month period upon […]

Amendments in the Bulgarian Advocacy Act

The national special law regulating the requirements for and the exercise of the legal advocacy profession, the Advocacy Act of 2004, was amended with effect as from 2 March 2021 (see State Gazette, Issue No. 17 of 26 February 2021). As per the amendments: A single Bulgarian attorney-at-law (advocate) admitted to the Bar or an […]