Bulgaria
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Chambers Global Legal Rankings Confirm Our Firm’s Recognition
The Chambers Global 2023 rankings again included Hristov & Partners among the leading 12 corporate and commercial law firms in Bulgaria. The number of the ranked firms this year (12) is down from 14 in the last year’s ranking. ‘We are grateful for this high recognition from the Chambers’ independent researchers, based on positive feedback […]
Bulgarian National Bank Continues Rising Interest Rate
As from December 1, the Bulgarian National Bank increased the Base Interest Rate to 1.30%. This is the third consecutive increase in the last three months. The interest rise is to address the high inflation which in the BNB estimate will be c. 15% on annual basis at the year end. Going forward, BNB will […]
Hristov & Partners Advised on the Sale of Fidelis Research
We are delighted to have acted for a seller financial investor on the sale of its shares in the capital of Fidelis Research to BioIVT, a portfolio company of Linden Capital Partners. Fidelis Research is an innovative, fast-growing biospecimen and clinical trials group of companies, headquartered in Bulgaria, operating across South East Europe. Our team […]
The next most valuable asset in M&A
You will hardly be surprised: people. High-growth companies will be challenged to justify record high valuations based on revenue growth only, they must firmly stand on the path of sustainable profitability. Hence, people (founders, executives, top and mid-level management and key employees), with their often unique skillsets, expertise, experience and reputation, will be instrumental to […]
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 […]
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 — […]
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 […]
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 […]