Our M&A and Corporate Partner Yordan Naydenov advised Valea Foundation on all Bulgarian law aspects of the acquisition of a minority package in the capital of FIBank (No. 5 in terms of assets on the Bulgarian banking market). On July 2, 2020, FIBank announced the successful completion of the capital increase procedure, where all newly […]
BOYANOV & Co. continues to lead the legal market in Bulgaria according to the 2020 edition of The Legal 500 EMEA where the firm received the highest Tier 1 ranking in 10 practice areas: Banking, Finance and Capital Markets, Commercial, Corporate and M&A, Dispute Resolution, Energy and Natural Resources, EU and Competition, Healthcare and Life […]
On 9 April 2020 a Law on Amendments to the Emergency Act was published in the State Gazette. Art. 6 was amended to read as follows: „Until the revocation of the emergency status in the case of a delay of payment by private persons – debtors under loan agreements or agreements for other forms of financings (factoring, […]
(“May you live in interesting times” – Chinese proverb) The COVID-19 pandemic has multiple effects on the economy. Many businesses struggle to survive and are or may become unable to service their bank debt in the same way as they did before the outbreak of the pandemic. Governments and central banks around the world […]
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 […]
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 […]
Chambers Europe 2020 continues to rank BOYANOV & Co. in the highest Band 1 ranking in Banking & Finance, Competition/Antitrust, Corporate/Commercial, Intellectual Property, and Real Estate. These rankings reconfirm the firm’s strong and stable position in the Bulgarian legal market. Impressed interviewees highlight the strengths of the firm: “well connected, with a good grasp of local […]
Nestor Nestor Diculescu Kingston Petersen advised Banca Comerciala Romana S.A., the lender, in respect to the financing of an office project in Cluj-Napoca, one of the most vivid economic hubs in Romania. The transaction involved complex negotiations and pay-off arrangements with existing finance parties and the former owners of the office building, as well as very complex […]
Chambers Global 2020 has again highly ranked BOYANOV & Co. in Corporate/Commercial and Dispute Resolution. These rankings reconfirm the strong operating practices of the firm as well as the firm’s leading position in the Bulgarian legal market. Within the Corporate/Commercial practice area, Chambers Global continues to recognise: Managing partner Borislav Boyanovas an Eminent Practitioner describing him as a “widely […]
“Very high international standards, unique corporate culture and values, excellent speed and efficiency, lots of experience, wisdom and business solutions”. This comment has been revealed in the 2020 edition of the International Financial Law Review 1000 in relation to the outstanding Banking and Finance, and M&A practices of BOYANOV & Co. The firm continues to […]
On 29 June 2019 Bulgaria’s Allterco has signed an agreement to sell five of its telecommunications subsidiaries to Norway’s LINK Mobility Group for an indicative price of EUR 7.9 million. The final price will be determined on a cash-free/debt-free basis after correction of the companies’ preliminary financial statements. The deal concerns Allterco’s units in Bulgaria […]
Chambers Europe 2019 has again ranked BOYANOV & Co. in the highest Band 1 ranking in Banking & Finance, Competition/Antitrust, Corporate/Commercial, Dispute Resolution, Intellectual Property, and Real Estate. These rankings reconfirm the firm’s strong and stable position in the Bulgarian legal market. Impressed interviewees highlight the quality of the service: the lawyers “excel in being creative, […]
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 […]
The firm continues to receive the highest Tier 1 ranking in all practice areas researched by the 2019 edition of the International Financial Law Review 1000 in Bulgaria, Banking & finance, M&A, and Project development. The editorial review describes BOYANOV & Co. as an established brand that dominates the Bulgarian market, while the clients reveal […]
BOYANOV & Co. currently works on the biggest deal in Bulgaria – the concession award procedure for Sofia Airport. The practice groups of Real estate, Corporate, Competition, Litigation, Banking and finance and Intellectual property are involved in this sizeable project. The maximum estimated value of the concession is EUR 3.9 billion. This is the second […]
BOYANOV & Co.’s finance team, led by Partner Damian Simeonov and Senior Associate Ralitsa Nedkova and Freshfields’ Vienna-based English law finance team, led by Blair Day advised Vivacom, a leading Bulgarian telecommunications business, on the successful refinancing of its EUR 400m senior secured notes. The refinancing involved EUR 345m of debt from a syndicate of […]
BOYANOV & Co. advised Société Générale, as agent, and a syndicate of lenders in connection with a EUR 3.05 billion credit facility provided to the PPF Group for the acquisition of, among other assets, 100 per cent interests in Telenor Bulgaria, one of the three mobile operators in Bulgaria. Allen & Overy acted as the […]
Chambers Europe 2018 has again ranked BOYANOV & Co. in the highest Band 1 ranking in Banking & Finance, Competition/Antitrust, Corporate/Commercial, Dispute Resolution, Intellectual Property, Real Estate and Restructuring/Insolvency. With these rankings, the firm reconfirms its strong position in the Bulgarian legal market. Impressed interviewees highlight the lawyers’ fast responses: “They always react promptly and […]
BOYANOV & Co. advised the European Investment Bank (EIB) on the financing of the construction of a new (greenfield) oil processing factory in Bulgaria by Oliva AD, the leading sunflower oil producer and grain trader in Bulgaria. The loan was the first EIB transaction in Bulgaria, in which a private company benefited from the support […]
Boyanov & Co. has advised Silver Star Group in its acquisition of group of assets and services related to the Mercedes-Benz distribution business in Bulgaria from Vienna Real Estate / Balkan Star Group. Silver Star Motors EAD was appointed by Daimler AG as General Distributor for the sale of Mercedes-Benz trucks, cars, commercial vans, Evobus, […]