The new rules on whistleblowing in Bulgaria
On 21 April 2022, a draft law implementing Directive 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union law (the “Draft WBA”) was published for public consultations. The consultations period will end on 23 May and shortly after that the Draft […]
Legal 500 2022 Confirms Hristov & Partners Top Rankings
For our clients and partners, we continue to better ourselves. Another consequent, fantastic recognition by the leading international legal directory The Legal 500 (Legalease). Our firm retains its Tier 2 ranking in the most coveted category Commercial, corporate and M&A and in the EU and Competition category. Our senior associate Dragomir Stefanov is now consistently recognized […]
M&A Due Diligence Management Presentations
Another very important aspect in a M&A process. Top management (nowadays very often includes the founder/s of the target company, the masterminds behind the successful business venture) may sell the company (at a premium) or deter potential investors. Generally, management presentations to investors and their advisers will be considered disclosures (disclosed facts) against the representations […]
The upcoming new rules on dual distribution in the EU
A common practice in distribution chains across the EU and in Bulgaria, dual distribution refers to a situation where a supplier sells goods or services in direct competition with its distributors, i.e. to retailers or end clients. Some of the competition concerns stemming from the ‘dual nature’ of the supplier-distributor relationship in these cases were […]
Chambers Global 2022 Confirms Hristov & Partners Top Rankings
The newly published 2022 Global edition of one of the most prestigious international legal directories Chambers & Partners confirms our firm’s place among the top 10 corporate and commercial firms on the Bulgarian legal market. Hristov & Partners retains its ranking as a Band 3 firm and our partner Pavel Hristov keeps his Band 2 […]
Pavel Hristov joins the CEE Deal of the Year Awards Bulgaria Jury
Our partner Pavel Hristov has been invited for a fourth consecutive year to join the elite panel of judges for the 2021 CEE Deals of the Year Awards — the prestigious peer-selected awards for the legal industry in Central and Eastern Europe. The CEE Deal of the Year Awards have been granted since 2017 by CEE Legal Matters — […]
Law Firms’ Evolution: Late but Inevitable
Modern law firms expand and grow at breathtaking speed, empowered by surging demand and technology (regardless extreme obstacles such as a global pandemic, travel restrictions lockdowns and working from home). The firms’ structures and business models, however, have changed marginally. The prevailing model is a partnership. Firms are managed by partners, who are typically excellent […]
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 […]