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 […]
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 […]
Today the European Court of Justice rendered its preliminary ruling in case C-882/19 (Sumal) finding that a victim of an infringement of EU competition law is entitled to claim damages from a subsidiary of the infringing company. To that end, the claimant must prove that the subsidiary and the parent company formed an economic entity […]
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 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 […]
The Bulgarian competition authority published its 2020 activity report. The highlights include: Total cases opened – 907 Total decisions and rulings issued – 927 Like in previous years the large majority of cases concerned appeals against public procurement procedures – 803 cases in total that is more than 88.5% of the total cases in 2020 […]
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 […]
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 […]
Hristov & Partners has been recognized again and highly ranked among the leading law firms in Bulgaria in the prominent international legal directory The Legal 500 EMEA 2021. Our firm confirms the Tier 2 rank in the two categories in which it exclusively competes since its foundation in 2013: Commercial, corporate and M&A and EU […]
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 […]
