News & Deals


BOYANOV & Co. Top-ranked in Chambers Europe 2023

BOYANOV & Co. is once again ranked in the highest Band 1 in Banking & Finance, Competition/Antitrust, Intellectual Property, Employment, and Real Estate by the most prestigious legal research guide Chambers and Partners. These rankings reconfirm the firm’s excellence in its services and stable position as the Bulgarian legal champion. A client recognizes our firm […]


C19 Task Force

At BOYANOV & Co., we care about and are invested in the success and well-being of our clients. We continue to work hard while prioritising the health of our colleagues, clients, and business partners. As part of our service, our dedicated C19 Task Force for 20 months keeps on assisting with all legal challenges caused […]


Is COVID-19 a Force Majeure?

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 […]


Coronavirus: BOYANOV & Co. Establishes C19 Task Force

During this difficult time, when over 161 countries are affected by COVID-19, the entire society is facing significant healthcare, social, economic, and legal impacts. We would like to assure you that we, at BOYANOV & Co., are working hard to continue to provide high-quality and effective legal solutions while protecting the health and well-being of […]


BOYANOV & Co. Organised a Team-Building Seminar in Borovets

On 23-25 November 2018, BOYANOV & Co. organised a team-building weekend in Borovets. The main program included a seminar on some of the key legal topics in IP (Protection of Trade Secrets), Competition (Geo-blocking Regulation in the Context of E-commerce), Employment (Prevention of Discrimination), M&A (Main elements of an M&A Deal), Litigation (Directors vs the […]


BOYANOV & Co. consulted the US-based global leader in IT solutions Comverse Inc.

BOYANOV & Co. advised the US-based Comverse Inc. (a global leader in IT solutions for the telecommunications industry) in respect of the development of the product and the provision of the services of the company. BOYANOV & Co.’s team on the deal was led by Mr. Peter Petrov, Partner.         Copyright picture: […]


Acquisition of Electronics Business of Johnson Controls by Visteon

On July 1, 2014, Visteon Corporation (NYSE: VC) completed the acquisition of the automotive electronics business of Johnson Controls (NYSE: JCI), creating one of the world’s three largest suppliers of vehicle cockpit electronics. The acquired business provides automakers with driver information, infotainment, connectivity and body electronics products. The transaction involves about 4,800 employees, including about […]


BOYANOV & Co. advised and represented Montupet in an appeal against a Tax Assessment Statement

BOYANOV & Co. advised and represented Montupet on all aspects of the Company’s appeal against a Tax Assessment Act issued by the National Revenue Agency and in particular on the alleged wrong determination by the client of the categories of labour applicable to the employees in the factory in Ruse, which resulted in tax claims […]


BOYANOV & Co. Advises ESAB Electrodes on the Closure of the Factory for Production of Electrodes for Manual Arc Welding and Hard-facing Located in the Town of Ihtiman, Bulgaria

BOYANOV & Co. advises ESAB Electrodes on all aspects of the closure of the factory for production of electrodes for manual arc welding and hard-facing located in the town of Ihtiman, Bulgaria with a focus on the termination of the employment contracts of some 100 employees. The work included preliminary advice and analysis and drafting […]


BOYANOV & Co. Advised The Bancorp on the Acquisition of the Assets of Transact Network Limited (Gibraltar)

BOYANOV & Co. advised the Bancorp on all aspects of the transfer of the valuable assets and employees of the subsidiary of Transact Network Limited (Gibraltar) in Bulgaria, as a part of the global purchase of the assets and business of Transact Network Limited by The Bancorp at a price of around USD 1,100,000. Work […]


International Employment Law, Second Edition

The second edition of International Employment Law, published in December 2012 by Juris Publishing, Inc. and edited by Prof. Dennis Campbell, covers all crucial areas of the employment relationship, including the employment agreement, conclusion of the employment contract, terms and conditions of employment, discrimination and dispute resolution. In the Bulgarian chapter below, Mrs. Violeta Kirova, […]


BOYANOV & Co. Advised Broadsoft Inc. on the Acquisition of Partners 1993 EOOD (Bulgarian Software Developer Company)

Broadsoft Inc., a leading global provider of real-time Unified Communications services that are delivered over mobile, fixed-line and cable IP networks, needed to acquire the in-place software engineering development team (employees) of Partners 1993 EOOD in Bulgaria. BOYANOV & Co. provided full support to Broadsoft in all stages of the acquisition and continues to provide […]


BOYANOV & Co. Advises Titan Machinery on their Second International Acquisition

BOYANOV & Co. advises Titan Machinery on the acquisition of assets and the assumption of certain liabilities of Rimex 1 Holding EAD (a recognised Bulgarian dealer of agricultural equipment). The deal was closed on 05.03.3012. Following the acquisition, Titan Machinery will operate through 7 dealership locations in Bulgaria – Sofia, Dobrich, Burgas, Pleven, Ruse, Montana, […]


The Firm Advised Major Local CSD Bottler on Collective Redundancy

Borislav Boyanov & Co. supported a major local player in CSD bottling industry with advice on a collective redundancy process related to the restructuring of its business in Bulgaria. The firm continues to provide day-to-day advice on employment issues.     Copyright picture:


Borislav Boyanov & Co. Boasts Some of the Leading Global Names among the Clients of its Employment Practice

Kraft Foods Bulgaria, Cisco Systems, Procter & Gamble, Wizz Air, Motorola and many other international companies seek day to day advice on employment matters from Borislav Boyanov & Co.’s employment law professionals, including compliance with labor and labor safety regulations, working time structures, internal employment regulations, dismissals, employment litigation, labor permits and expatriation issues, transfer […]


Borislav Boyanov & Co. Leads the Market in 2009 in the Implementation of Global Employee Share and Option Plans

Borislav Boyanov & Co. advised a number of international companies (such as InBev S.A./N.V., Société Générale, Hewlett Packard, Siemens) on the offering of their global employee share and stock option programs in Bulgaria, including regulatory issues and local filings, related to their qualification as local public offerings.     Copyright picture: Hewlett Packard


Gaming Software Company Staff Optimization Successfully Completed

The employment team at Borislav Boyanov & Co. supported a major player in the field of IT and software services to the gaming industry throughout a collective redundancy process, which was successfully accomplished. The firm’s team advised the client on selecting the most efficient strategy for the personnel restructuring, and was instrumental in planning and […]


Randstad Divestment of SEE Region Business

The firm provided assistance to Randstad on the sale of its business in the SEE Region. Randstad is world’s largest provider of employment and employment related services.


Borislav Boyanov & Co. Advised Ideal Standard on European Works Council

Borislav Boyanov & Co.’s employment team, which provides day to day advice to Ideal Standard International, supported the client on employmee representation issues, including elections of local representatives in the European Works Council. The election of local representatives followed the implementation of Europe-wide collective representation legislation in Bulgaria.


Employment law in Bulgaria (2007)

This Chapter is Borislav Boyanov & Co.’s contribution to the Labor and Employment Law in the New EU Member and Candidate States, 2007 edition.   Copyright picture: