Financial Fundamentals Matter and Lawyers Must Look Into Those
M&A lawyers job is demanding and rightly so. Currently the legal role/workstream in a deal unquestionably requires deep understanding of the relevant non-legal aspects and elements of the deal and the deal’s business rationale. Analysing the capital structure of the target and the various capital components, is an integral part of the legal due diligence. […]
Brief M&A Notes Entering 2024
How M&A lawyers add value to our clients deals? That’s our job and primary goal. Identify, quantify, reduce and mitigate the risks. Design and offer practical, workable solutions that would be accepted by both/all parties. Be quick about it. Every moment in a sale or acquisition process matters. But, always, in the process, some moments […]
The Firm Solidifies Its Chambers Global and The Legal 500 Rankings
Hristov & Partners has been again recognized and ranked among the leading, the best twelve, corporate and commercial law firms in Bulgaria for 2024. The independent researchers of both most prestigious international legal directories The Legal 500 and Chambers Global consistently rank our firm among the top dozen firms. Chambers Global 2024 says: “Hristov & […]
A Positive Outlook for Dealmaking in Bulgaria, Interview
Our partners Dragomir Stefanov and Pavel Hristov spoke with CEE Legal Matters on the current state of M&A activity and their expectations. Overall the deal market has been fairly hot in the recent months, including Bulgarian aspects of mega-, trans-Atlantic deals, regional and cross-border transactions. Unsurprisingly, the tech sector was particularly active. Some of the […]
Open Invitations to 1-to-1 Talks with our Partner Pavel Hristov
Our founding partner Pavel Hristov will be available to speak via one-to-one videocall with the first ten aspiring lawyers who reach out here to directly email him. ‘Just like last year, I can promise that I will be interested to learn about you, your experiences, goals and perspective’, says Pavel. Drop a line, if you […]
Topline Analysis on the Google Shopping EU Case
The Google Shopping case is now one last step away from final decision following Advocate General Kokott’s opinion from last week. The AG sided with the European Commission and the General Court which upheld Google’s 2.4bn fine for preferencing its comparison shopping service over rivals in Google’s general search results website. A few interesting takeaways […]
Hristov & Partners Promotes Dragomir Stefanov to a Partner
We are delighted to announce an expected partner promotion. Our colleague Dragomir Stefanov will join the partnership with effect from 1 December 2023. ‘Congratulations to Dragomir! The partnership is befitting and suits him perfectly. We are excited about the opportunities for our firm that lie ahead. Hristov & Partners wants to be a platform for the new […]
Latest trends in competition enforcement pose challenges to legal certainty in deal making
Growing concerns about the effect that some acquisitions falling below the mandatory merger notification thresholds may have on innovation and effective competition are increasingly shaping competition policy within the EU. Last week the Belgian competition authority closed an investigation opened earlier in March 2023 involving a possible abuse of dominance arising from an acquisition in […]
Bulgarian Competition Authority Publishes Annual Report
The Bulgarian competition authority published its annual 2022 report, with a significant delay. Repeatedly, the numbers confirm that the competition commission (CPC) still focuses its practice and resources in areas falling outside the traditional competition and antitrust. The CPC opened total 873 cases and issued 651 decisions, including 778 relating to public procurement (538 decisions), […]
The EU Foreign Subsidies Regulation – an Overview
The European Union’s Foreign Subsidies Regulation (FSR) entered into force on 12 January 2023 and establishes a new legal framework protecting against distortions of competition on the EU internal market caused by foreign subsidies. Starting from 12 October 2023, acquisitions of significant EU businesses and large EU public tenders will be subject to mandatory notification […]