News & Deals

efg-local-banking-group-reorganization-assisted-by-borislav-boyanov-co

EFG Local Banking Group Reorganization Assisted by Borislav Boyanov & Co.

EFG Eurobank successfully completed the reorganization of its banking group in Bulgaria after it acquired DZI Bank. The reorganization comprised the merger of its existing banking subsidiary EFG Eurobank Bulgaria (formerly Bulgarian Post Bank) with newly acquired DZI Bank. Borislav Boyanov & Co. provided outside counsel advice to the  merger (on both corporate and regulatory matters) that […]

new-structure-of-mcdonalds-in-bulgaria

New Structure of McDonald’s in Bulgaria

After McDonald’s decided to introduce a new business model in Bulgaria, Borislav Boyanov & Co. assisted them in transferring their existing Bulgarian business to a third party and then to enter into a franchise with the new owners. The firm continues to act as outside counsel to the restaurant chain in Bulgaria, currently operated by […]

dzi-group-sale

DZI Group Sale

The firm represented and provided assistance to the DZI Group’s majority owner on the sale of its interest in two major insurance companies (DZI (Life Insurance) and DZI General Insurance) and DZI Bank. The targets were acquired by KBC and EFG Eurbank. The firm’s team was involved in the vendor due diligence, organizing the buyer due diligence […]

getting-the-deal-through-mergers-and-acquisitions-2006

Getting the Deal Through – Mergers And Acquisitions 2006

Reproduced with permission from Law Business Research. This article was first published in Getting the Deal Through – Mergers and Acquisitions 2006 (published in May 2006, consulting editors Rachel Brandenburger and Natasha Good). For further information please visit www.GettingTheDealThrough.com

corporate-tax-2006

Corporate Tax 2006

This article appeared in the 3rd edition of The International Comparative Legal Guide to: Corporate Tax 2006, published by Global Legal Group Ltd, London (www.iclg.co.uk).

securitisation-2006

Securitisation 2006

This article appeared in the 3rd edition of The International Comparative Legal Guide to: Securitisation 2006; published by Global Legal Group Ltd, London (www.iclg.co.uk).

getting-the-deal-through-telecoms-and-media-2006

Getting the Deal Through – Telecoms and Media 2006

Reproduced with permission from Law Business Research. This article was first published in Getting the Deal Through – Telecoms and Media 2006, (published in May 2006, consulting editors Rachel Brandenburger and Natasha Good). For further information please visit the GettingTheDealThrough official web site.

sbs-investments-in-the-radio-and-tv-markets-in-bulgaria

SBS Investments in the Radio and TV Markets in Bulgaria

The firm advised SBS Broadcasting (the second largest media company in Europe) on the acquisition of several radio networks in Bulgaria, including Radio Vitosha, Ritmo and Atlantic, Radio Vesselina and Radio Express, and on the acquisition of a music TV channel in Bulgaria. Following the acquisitions, the firm has been handling the client’s current legal matters […]

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Multinational EUR 285 Million Financing for Warburg Pincus

In July 2006 – November 2006, Borislav Boyanov & Co. assisted Warburg Pincus on the refinancing of its Bulgarian acquisitions, within the scope of a larger refinancing transaction covering several East and South European jurisdictions with total value above EUR 285 mio.   Copyright picture: pixabay.com

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VAT Tax Cases for a Major Commodities Trading Company

Borislav Boyanov & Co.’s litigation team represented a major international commodities trading house, in a VAT litigation relating to its purchasing and export of grains from Bulgaria. The total interest defended was over BGN 700,000. On judicial review the Supreme Administrative Court annulled the tax assessments issued against the client, and ruled that the Bulgarian company had the right to VAT […]

landmark-judgment-for-the-pharma-industry-delivered-by-the-supreme-administrative-court

Landmark Judgment for the Pharma Industry Delivered by the Supreme Administrative Court

Borislav Boyanov & Co., represented the Association of the Researched-based Pharmaceutical Manufacturers (ARPharM), the Association of the American Pharmaceutical Companies at the American Chamber of Commerce in Bulgaria and the Bulgarian Association for Protection of Patients in a claim with Sofia City Court against a decision of the Management Board of the National Health Insurance […]

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Boyanov & Co. Advises TNK-BP on Burgas-Alexandroupolis Oil Pipeline

Borislav Boyanov & Co. has been advising TNK-BP and other major multinational oil companies supporting the implementation of the long-discussed Burgas – Alexandroupolis transit oil pipeline project. The more than 1 billion USD project has been discussed since 1993 and is now gaining impetus. Borislav Boyanov & Co. has provided advice for companies supporting the […]

borislav-boyanov-co-advised-enel-in-respect-of-its-acquiring-full-control-of-maritsa-east-3-power-plant

Borislav Boyanov & Co. Advised Enel in Respect of its Acquiring Full Control of Maritsa East 3 Power Plant

The firm advised Enel Produzione SA in 2003 on its participation as main sponsor together with the Entergy, USA in a €580 million project finance transaction involving the privatisation and modernisation of one of the biggest thermal power stations in Bulgaria (Maritsa East 3 Project). In a subsequent transaction Enel acquired the stake held by Entergy in the […]

borislav-boyanov-co-advises-major-us-nuclear-technologies-provider-on-the-belene-nuclear-power-plant-project

Borislav Boyanov & Co. Advises Major US Nuclear Technologies Provider on the Belene Nuclear Power Plant Project

As part of the biggest investment initiative yet in Bulgaria’s energy sector (estimated value of around Euro 2 billion), the firm’s services were retained by a major US based energy solutions provider in connection with its potential participation in the construction of the Belene nuclear power plant. The Belene nuclear power plant is a brownfield project […]

property-team-advises-dc-management-on-real-estate-acquisitions

Property Team Advises DC Management on Real Estate Acquisitions

Borislav Boyanov & Co. has advised and assisted DC Management (formerly known as the Black Sea Property Fund) for the financing and acquisition of a number of hotel and residential complexes located at the Black Sea coast and in the capital of the country based on sophisticated schemes.     Copyright picture: pixabay.com

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Boyanov & Co. to Advise the Bulgarian Ministry of Transport

In February 2006, the UK law firm Addleshaw Goddard and Borislav Boyanov & Co. were appointed to advise the Bulgarian Ministry of Transport on the current disputes between the Ministry and the Austrian construction company Strabag with respect to the construction of the new terminal of the Sofia Airport.     Copyright picture: pixabay.com

ebrd-finances-major-resort-development

EBRD Finances Major Resort Development

Borislav Boyanov & Co. in co-operation with the London office of Bird & Bird advised the European bank for Reconstruction and Development on its financing provided to a major developer of hospitality real estate on the Bulgarian Black Sea Coast – for construction and opening of Kempinski Grand Hotel Hermitage in the resort Golden Sands […]

borislav-boyanov-co-acts-for-financing-parties-on-eur-875-million-syndicated-loan-facilities-to-bulgaria-telecom-and-its-parent

Borislav Boyanov & Co. Acts for Financing Parties on EUR 875 Million Syndicated Loan Facilities to Bulgaria Telecom and its Parent

Borislav Boyanov & Co. acted as Bulgarian special counsel to a syndicate of international banks and other financial institutions led by Citigroup and Landsbanki providing finance to Viva Ventures Holding GmbH, Austria, the holding company of the Bulgarian Telecommunications Company (the incumbent fixed line telecommunications operator in Bulgaria), in the amount of EUR 525 million […]

news-corporation-acquires-local-radio-group

News Corporation Acquires Local Radio Group

News Corporation, acting through its local subsidiary Balkan News Corporation, acquired a controlling interest in Radiocompany CJ, which operates or advises a number of radio stations in Bulgaria, including N-Joy, Z-Rock, Melody, Jazz FM and others. The acquisition extends the existing foothold of News in other media markets (most notably free-to-air television through bTV the first national private FTA […]

emmis-acquires-controlling-interest-in-the-fm-radio-group

Emmis Acquires Controlling Interest in the FM+ Radio Group

The U.S. media company Emmis Communications Corporation acquired a 66.5% stake in the local radio group FM+. In addition to the direct shareholding participation in FM+, Emmis also acquired indirect participation in Fresh! radio station. The transaction has been approved by the Bulgarian regulatory authorities. This is a pioneering investment of Emmis in Bulgaria.   […]