The Legal 500 ranking for Bulgaria

We are happy to announce that our partner Pavel Hristov has been ranked among the top 5 Leading Individuals in the populated category Commercial, Corporate and M&A by The Legal 500 for 2016.    In the same category, our firm Hristov & Partners is ranked among some of the best firms in town.   For details, please follow this link:

Hristov & Partners Legal 500 2016 Rankings

Following our recent recognition by Chambers & Partners Global 2016, we are proud to announce our firm’s highest ever recognition and ranking in the Legal 500 EMEA (2016) in the category Commercial, Corporate and M&A. We are ranked in Tier 2 among some of the best firms in town. Pavel Hristov, Partner, is ranked among the country’s […]

A third party’s liability for a failure to respond to a Bulgarian competition authority’s information request

We have heard this question often from clients and peers, mainly from foreign jurisdictions. We’ve always responded that this is a relevant question and it must not be neglected since it needs to be considered along with all associated risks (such as legal, financial, reputational, etc.) and costs. We say: “If you are a third […]

Heads Up For Current and Future Investors in Bulgaria

As legal advisers of foreign investors, we sometimes, more often than we would have liked to, sense our current and prospective clients’ frustrations at certain inadequacies of the Bulgarian legal system and business environment. Negative experiences occasionally lead reputable and successful foreign companies that are market leaders in their and other foreign jurisdictions to the decision […]

Bulgaria Public Procurement Appeals Overview

THIS POST provides a summary overview of the national public procurement appeals legislation and procedure.   Procedure Appeal before the CPC The procedure for appeal of decisions and actions of a contracting authority is set out in the Bulgarian Public Procurement Act (PPA). Submission and admissibility Complaints against decisions of the contracting authority can be […]

Bulgaria Merger Control Overview, Part 2

Should a contemplated transactions satisfy the criteria discussed at Part 1 of this post, the mandatory merger control would apply and the responsible party or parties must file a notification with the CPC. Filing must be made prior to closing/implementation of the contemplated transaction. Bulgarian competition laws do not specify an exact term for filing. […]

Bulgaria Merger Control Overview, Part 1

Introduction When you consider an investment in Bulgaria or exiting an existing investment (either an entity, a business as a going concern or a part of it, or an income generating asset) you would diligently check if the contemplated transaction would trigger the requirement for a mandatory merger filing. As a starting point, it will […]

Four Tips Relating to Merger Control in Bulgaria

Here are four important aspects of Bulgarian merger control that an investor may want to consider before proceeding with a contemplated acquisition of businesses or assets in our country: Merger filings are mandatory, if the specified annual turnover thresholds are exceeded. Only turnover generated in the territory of Bulgaria is relevant. Generally the party acquiring […]