The CJEU’s ruling on antitrust damages in case C-882/19 (Sumal)
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 […]
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 […]
Bulgarian Competition Commission’s 2020 Activity Report
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 […]
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 […]
Hristov & Partners Confirms High Rankings in The Legal 500 2021 Edition
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 […]
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 […]
Bulgaria M&A Brief Practical Notes 3
M&A is a process, a means to an end (that can often be summed up as “growth”). Integration is a critical phase of the process. A M&A deal does not end at the closing/completion. This is axiomatic knowledge, is it not? “From our perspective, we, M&A lawyers are good in finding efficiencies, synergies and opportunities […]
Pavel Hristov – Bulgaria Juror for the 2020 CEE Deals of the Year Awards
Our partner Pavel Hristov has been selected as a juror for the 2020 CEE Deals of the Year Awards — the most prestigious and sought-after peer-selected awards for the legal industry in Central and Eastern Europe. The CEE Deals of the Year Awards by CEE Legal Matters, the leading source of news and information about […]