Principles of personal data processing under the new EU data protection rules
The newly revised EU legal framework in the field of personal data protection has already made the processing of personal data an increasingly important topic for businesses operating in the territories of EU member states. As from 25 May 2018, the General Data Protection Regulation (“GDPR”) will become directly applicable in all EU states. With […]
Hristov & Partners acted for S.A. Spadel on the acquisition of Devin, the leading water bottling company in Bulgaria
Hristov & Partners teamed up with the global law firm Dentons to advise Group Spadel, a European family-owned company specializing in the production of natural mineral water, spring water and natural fruit drinks, on the acquisition of a 93.29 percent stake in Devin AD, the market-leading producer of bottled water in Bulgaria, from private equity […]
Hristov Partners Maintains IFLR1000’s Financial and Corporate Rankings
We are delighted that we have maintained our rankings at IFLR 2017. Thank you to all clients and peers for the positive feedback: A corporate client who the team advised on banking and M&A says: “Great attitude and deep commercial understanding. It is a pleasure to communicate and do business with Hristov & Partners.” A […]
Vendor’s Counsel Role in A Merger Filing in Bulgaria
In a merger control case in Bulgaria what would vendor’s counsel role be, if any at all? In short, normally vendor’s counsel role would be minor. An efficient and proactive counsel may, however, save costs and reduce the risks associated with the merger control aspects of a transaction (an exit/divestment). We have seen the benefits of such a role […]
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: http://www.legal500.com/c/bulgaria/commercial-corporate-and-manda#table_270
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 […]
Proposal for Amendment of the Bulgarian Competition Law
Bulgaria’s Parliament is currently discussing a draft law on amendment of the effective Protection of Competition Act. The bill has been proposed by individual Members of the Parliament and is a result of a continued lobbying by several groupings of local companies, mainly from the food and beverage industries. If enacted by the Parliament as […]
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 […]