Schoenherr, working with Paul Hastings, has advised French-based Sendinblue on the acquisition of Bulgarian e-commerce metrics company Metrilo from its founders and investors. Atanassov & Ivanov reportedly advised Metrilo on the deal.

Kinstellar has advised Park Lane Developments on its sale of the Park Lane Office Center in Sofia to SAP. Wolf Theiss advised the buyer.

Wolf Theiss has advised the EBRD on its acquisition of a stake in Bulgaria’s Euroins Insurance Group for EUR 30 million. As part of the same deal, KGM Law reportedly advised Eurohold, the parent company of Euroins, on a EUR 12 million equity injection.

Тhe current political atmosphere in Bulgaria is turbulent and hectic, as the country faces an unprecedented situation of running its third extraordinary Parliament elections in a row within a single year, according to Kolev, Angelov & Miteva Law Firm’s Partner Nikolay Kolev.

In its judgment on 14 July 2021 in Case T-399/20, the General Court assessed whether there is likelihood of confusion between figurative trademarks that depict two letters from different foreign alphabets.

Georgiev, Todorov & Co has successfully defended Dundee Precious Metals Chelopech in front of the Supreme Administrative Court in a tax law case against the National Revenue Agency.

Lex Ludens Partner Angel Angelov has joined forces with Nikolay Kolev, Iva Miteva, and Rossiza Marinova as Partners in establishing the Kolev, Angelov & Miteva law firm in Sofia.

CMS has advised Teda-MM and LDS Plast on the sale of a majority stake to CEECAT Capital.

At the beginning of 2021 the Bulgarian Competition Protection Act (CPA) was amended, among others, with the implementation of ECN+ Directive. This brought hope that the antitrust activity of the Bulgarian Competition Protection Commission (CPC) may increase.

PPG Lawyers has advised HeleCloud on its sale to SoftwareOne. Fieldfisher also advised HeleCloud on the deal, while Wolf Theiss and Pinsent Masons reportedly advised SoftwareOne.

With the country still helmed by an interim government, it would appear that Bulgaria remains in a position to grow and prosper and is a fruitful target for investors, according to Boyanov & Co Partner Damian Simeonov.

CMS has advised Cordeel Group N.V. on the sale of a mixed-use logistics and office development to CTP. Hristov & Partners advised the buyer on the deal.

Boyanov & Co has advised Agent J.P. Morgan and Security Agent Wilmington Trust on the accession of Alvogen's Bulgarian subsidiary Alvogen Pharma Trading Europe as an additional guarantor to two loan agreements totaling more than EUR 2 billion. CMS Bulgaria advised Alvogen and its subsidiary. White & Case reportedly advised the agent and security agent. Kirkland & Ellis reportedly advised the borrowers.

On June 23, 2021, CEE Legal Matters reported that DGKV had advised Internet Corporated Networks on the sale of its hosting and domain business to Superhosting.bg. CEE In-House Matters spoke with Julian Borislavov, CEO and Co-Founder of ICN to learn more about the deal.

On December 31, 2020, CEE Legal Matters reported that CMS had advised contractor Arkad on the completion of the Balkan Stream Gas Pipeline project. We reached out to CMS Sofia Managing Partner Kostadin Sirleshtov for more information about the deal.

Bulgaria’s accession to NATO in 2004 challenged the country’s army to modernize its armaments and replace obsolete military equipment. This is a multi-stage process, based on a series of political decisions and a consistent implementation of a long-term strategy. Bulgaria must catch up with the other CEE members of the Alliance, which have already completed or are in an advanced stage of modernizing their armies and are already in the capacity-building process. What Bulgaria is planning, how that plan is being executed, and what opportunities we should look forward to in the near future are critical considerations.

A year ago, Bulgaria took its first steps into a new world after several months of almost total lockdown following the outbreak of the COVID-19 pandemic.

The July 17, 2021 deadline for implementing Directive (EU) 2019/1023 of the European Parliament and of the Council of June 20, 2019, on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency, and discharge of debt, and amending Directive (EU) 2017/1132 is quickly approaching, leaving little time for EU Member States to adjust their national legislations to its requirements.