Proposed Amendments to the Bulgarian Commerce Act

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 – 7 October 2016.

The CEE Finance Workshop session was focused on legal update on the Corporate and Bank Restructuring in the CEE region.

The presentation, prepared by Mr. Damian Simeonov, Partner and Head of Banking and Finance, and Mr. Georgi Drenski, Senior Associate at BOYANOV & Co., offered a summary of the proposed amendments to the Commerce Act to be adopted soon by the Bulgarian Parliament.


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