Do the COVID-19 outbreak and the measures against it constitute force majeure? The COVID-19 pandemic has a number of negative economic consequences such as suspension or delay of production and supplies, quarantining of entire countries, closure of borders, cancellation of flights, etc. All these factors affect the performance of obligations under multiple commercial transactions and […]
Last week, the European Commission published a Communication on Europe’s Digital Future in which it followed-up on the topic of EU’s digital transformation and introduced two documents, which provide further detail on the current developments. The first document is the new European Data Strategy. It envisions the adoption of both a Digital Services Act and […]
BOYANOV & Co.’s Competition and Antitrust team has authored the Bulgarian chapter in the prestige legal publication of Getting the Deal Through: Merger Control 2020, due to be published in September 2019 by Law Business Research Limited. Some of the key questions answered by each of the 69 jurisdictions featured in this publication include Bulgarian […]
BOYANOV & Co.’s partner Yordan Naydenov and counsel Assoc. Prof. Dr. Nikolay Kolev have authored the Bulgarian chapter on Global Legal Insights to: Mergers & Acquisitions 2019, 8th edition, published in July 2019 by Global Legal Group. The article discusses the legal background, financing of the M&A transactions in Bulgaria, touches upon the significant deals […]
Kina Chuturkova, Head of the Dispute Resolution Practice Group of BOYANOV & Co., contributed to the Bulgarian chapter in the IBA Arbitration Country Guide, published by IBA Arbitration Committee. To read the Bulgarian chapter, please visit http://www.ibanet.org/LPD/Dispute_Resolution_Section/Arbitration/Arbcountryguides.aspx. Copyright picture: IBA
ALERT: On 25 May 2018 the new General Data Protection Regulation (2016/679) (the “GDPR”) will enter into force. How is this important to you? While the GDPR mostly upgrades the current legal regime after 20 years of case law and practice on personal data protection, its entry into force will introduce significant new fines reaching […]
In November 2016 the European Court of Justice (ECJ) issued a preliminary ruling on the interpretation of the Financial Collateral Arrangements Directive (the FCA Directive). In that ruling (which is the first ECJ ruling on the FCA Directive) the ECJ held inter alia that the requirement under the FCA Directive that the collateral must be […]
In this article BOYANOV & Co. presents a critical analysis of Bulgarian legislation governing bank deposits guarantee excluding from the guarantee deposits solely because they had a higher interest rate than the standard one provided by the bank. The article was written by Damian Simeonov, Partner and Co-Head of BOYANOV & Co.’s Banking and Finance […]
One of the amendments brought at the end of 2016 to the regime of ”special pledges” (i.e. commercial pledges where the pledged assets remains in the possession of the pledger) is the new requirement for insurance. In particular, a creditor secured by a special pledge enforcing the pledge must, among other things, appoint a “depository”. […]
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 […]
BOYANOV & Co. contributed to the CEE Legal Matters magazine www.ceelegalmatters.com with an Expert review on IP rights protection in Bulgaria in cases of parallel import – import of non-counterfeit branded goods in a particular jurisdiction without the consent of the trademark owner. The Expert review was contributed by Kina Chuturkova, Partner and Head of […]
BOYANOV & Co. made a presentation on the proposed amendments to Bulgarian Commerce Act introducing, amongst others, new restructuring proceedings implementing principles of the European Commission Recommendation on a new approach to business failure and insolvency at a CEE Finance & Debt Capital Markets Workshop, organized by Freshfields Bruckhaus Deringer in Vienna on 6 – […]
BOYANOV & Co. contributed to the fifth edition of Global Legal Insights – Mergers & Acquisitions, published by Global Legal Group Ltd, London on 31 March 2016. The chapter on Bulgaria has been written by Mr. Yordan Naydenov, Partner and Head of Corporate and M&A at BOYANOV & Co. and Dr. Nikolay Kolev, Senior Associate […]
BOYANOV & Co. contributed to the reference guide regarding age discrimination in Europe, published by Lewis Silkin in association with Ius Laboris, the international alliance of employment law specialists at www.agediscrimination.info, the main resource of information on age discrimination issues in the UK and internationally. The guide sets out the basic principles of age discrimination […]
BOYANOV & Co. is among the contributing firms to the fourth edition of Global Legal Insights – Employment & Labour Law, published by Global Legal Group Ltd in December 2015. The latest Employment & Labour Law book covers key topics including labour markets trends, legislative changes, recent court decisions, case law affecting employers’ decision-making over […]
The Southeast Europe Energy Handbook 2015 is a product of the Energy-Infrastructure Practice Group of SEE Legal (the South East Europe Legal Group). It highlights the major aspects in the energy sector, such as market structures, licensing, price regulations, access to the grid, etc., and provides all the legislative updates which took place over the […]
BOYANOV & Co. contributed to the fifth edition of the Leniency Regimes International Series published by Thomas Reuters (Professional), Sweet & Maxwell in August 2015. The Bulgarian Chapter was contributed by Mr Peter Petrov, Partner and Head of Competition Group at the firm. Since the last edition of the book, leniency applications continue to be […]
BOYANOV & Co. contributed to the second edition of Global Guide from Practical Law – Joint Ventures, published by Thomson Reuters (Professional) UK in August 2015. The Bulgarian chapter below was contributed by Mr. Yordan Naydenov, Partner and Head of Corporate and M&A at BOYANOV & Co. and Dr. Nikolay Kolev, Senior Associate at the […]
BOYANOV & Co. contributed to the sixteenth edition of Getting the Deal Through – Mergers & Acquisitions, published by Law Business Research Ltd 2015, London. The Bulgarian chapter below was contributed by Mr. Yordan Naydenov, Partner and Head of Corporate and M&A at BOYANOV & Co. and Mr. Angel Angelov, Senior Associate at the firm. […]
BOYANOV & Co. contributed to Investing in “New Europe” – a Legal Guide for Chinese Investors, published by Clifford Chance LLP with support from BOYANOV & Co. in respect of Bulgaria and Lakatos, Koves and Partners in respect of Hungary in May 2015. The Bulgarian part below was drafted by BOYANOV & Co.’s team led […]