Amendments to the Regime of Pledges in Bulgaria Effective 30 December 2016 – are creditors in a better position now?
In this article BOYANOV & Co. provides a brief overview of some of the recently adopted material amendments to the Bulgarian Special Pledges Act and the new risks related to their practical application. Please find below the Memorandum outlining the amendments, prepared by Mr. Damian Simeonov, Partner and Head of Banking and Finance, Mrs. Ralitsa Nedkova and Mr. Georgi Drenski, Senior Associates at BOYANOV & Co.
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