Our team has extensive experience in the area of project development including project financing, regulatory procedures and all related legal sectors. Our legal consultations cover all phases of development of an investment project including all legal issues regarding land acquisition, transformation, property rights, company law issues, licenses and permits, as well as administrative and civil court procedures.

Our counsels advise the clients on issues regarding the area of Intellectual Property Law, Administrative and Environmental Law, Procurement Law and Tendering Procedures, Protection of Competition, White Collar Crime, Litigation and Arbitration, Commercial and Company Law, Labor Law.

The rules governing our professional activity require compliance with certain confidentiality standards, so we have adopted an approach not to disclose publicly specific information about our clients and our mandates. However, we can indicate some of the projects we have successfully consulted:

 

Construction and Real estate

  • Advised the Bulgarian state on the implementation of large infrastructure project for the construction of major national highway;
  • Advised a large internationally operating German nutrition retail company with more than 50 markets in Bulgaria on construction law and company restructuring matters in its expansion in Bulgaria; Preparation of all construction and financial documents; Litigation including all stages of appeal;
  • Advised an Austrian company in its expansion and development of construction projects in Bulgaria;
  • Advised a large Swiss-Austrian investment project for the construction of large business centre in Sofia;
  • Advised on a hotel erection project in “Borovetz resort” – consulting in all project stages: land acquisition, planning, project management in construction process, negotiations and drafting whole package of document for the final sale (4,3m);
  • Advising buyer (a large investment company) on an acquisition of 21 real estates in “Bankia resort” – due diligence, negotiations and drafting documents for the sale (€ 1m);
  • Consulting one of the leading Bulgarian construction and investment companies in the implementation of a large-scale construction project in Oman;
  • Consulting one of the world’s largest suppliers in the automobile industry whose activities are related to the design, development and production of automobile systems, components, modules as well as to the development and installation of light goods and heavy goods trucks and automobiles in the construction of a production factory in Bulgaria;
  • Advised on a hotel erection project in “Sunny Beach resort” – consulting in all project stages: land acquisition, planning, construction process (€ 6,8m);
  • Advised on a hotel erection project in Lesidren – consulting in land acquisition and planning and preparing the whole documentation package (€ 1,3m);
  • Advising buyer on a small hospital acquisition transaction – negotiations and drafting all documents for the sale (€0,3m);
  • Advised an internationally operating Turkish construction company in the implementation of business centre construction project in Plovdiv, Bulgaria;
  • Advised on the construction of the Sofia Airport;
  • Advised an Austrian investor in the Bulgarian agricultural sector;
  • Advised a large international investment fond on hotel management agreements in Bulgarian main winter resorts;
  • Consultation on the all-round development of Trade Center – one of the biggest Malls of Sofia. Advising seller in all stages incl. final sale of the center as operating business entity (€ 100m);
  • Advised an international investor for the procurement, construction and operation of an oil production facility in Bulgaria (€ 90m);
  • Advising Austrian client on project development in Bulgaria (€ 2m);
  • Advising a large Spanish construction company on the development of the biggest high-way construction process in Bulgaria (TRAKIA, LOT 2);
  • Advised a group of large Bulgarian investment companies on the construction of various commercial objects in main Bulgarian cities – Varna, Ruse, Pleven, Sandanski;
  • Consulting an Austrian investment company in the acquisition of a complete manufacturing and commercial establishment with a major market share in its industry – conducting comprehensive due diligence, negotiating and preparing sales documents, preparing financial documents for financing the transaction and all subsequent activities; Consulting on the business activity restructuring and extending it to new markets (€ 7mio)

 

Litigation and Arbitration

  • Representation of one of the biggest Bulgarian mobile companies in all stages of appeal regarding the recovery of numerous debts;
  • Representation of one of the largest world’s petrol companies in arbitrational proceedings regarding numerous debt recovery cases;
  • Advised large Austrian construction company before the Supreme Administrative Court in appeal procedure against tender procedures for the construction of large industrial factory near Sofia;
  • Representation of a group of large Bulgarian investment companies on various litigation procedures including on successfully conducted shareholder squeeze-out proceedings in a parity shareholding, restructuring proceedings, other complex commercial claims;
  • Representation of a leading Swiss insurance company in all stages of appeal on regress insurance claims;
  • Representation of a leading Austrian company specializing in logistics and railway transport in connection with commercial legal claims on executed transports;

 

Corporate Law, M&A, Commercial Law

  • Advised a large German retail investor in its commercial activities in Bulgaria;
  • Advised a large international software development company in company and business acquisition in Bulgaria;
  • Advised an international luxury goods retail trust in its expansion in Bulgaria;
  • Advised an internationally operating Austrian construction company in restructuring process in Bulgaria;
  • Advised a large international investment fond on hotel management agreements in Bulgarian main winter resorts;
  • Advised a large international clinical research company on company restructuring matters and current corporate measures, corporate governance, etc.;
  • Advised a major Austrian energy company on commercial law issues;
  • Advised American client on complex deal of assets acquisition for total (€ 160mio)
  • Advised Austrian client for acquisition of Bulgarian industrial facility and its restructuring to match the high level of the international production standards (€ 7mio);
  • Advising buyer on a small hospital acquisition transaction – negotiations and drafting all documents for the sale (€ 0,3mio):
  • Advising Austrian client on project development in Bulgaria (€ 2mio);
  • Advised on a transformation and reorganization of 9 privatized companies from the agricultural and forestry sector into 2 new trade companies (€ 4mio);
  • Development of Trade Center – one of the biggest malls of Sofia. Advising seller in all stages incl. final sale of the center as operating business entity (€ 100mio);
  • Full management of a financial swap incl. full package of execution transactions for debt clearance against acquisition of property between two trade companies and four state owned companies from the agricultural and forestry sector, supervised by the Ministry of agriculture and forestry (€ 0,6mio);
  • Advised an Austrian investor in the field of industrial gasket production in Bulgaria on trade and commercial law matters as well as litigation;
  • Advised an international investor for the procurement, construction and operation of an oil production facility in Bulgaria (€ 90mio);
  • Advised large US investment fond on the incorporation of commercial company, brokerage house and a financial institution;
  • Advised a group of large Bulgarian investment companies on various corporate measures including on successfully conducted shareholder squeeze-out proceedings in a parity shareholding, company restructuring proceedings within the group, other complex commercial law issues;
  • Advised large UK software developing company on contract engagement of commercial agents;

 

Energy Law

  • Advised on various renewable energy sources projects developed by local and international investors;
  • Advice on the implementation of a large renewable energy project for the construction of several photovoltaic power plants with total volume of 150MW;
  • Advised a large Bulgarian company as investor on a successfully accomplished project for the development of two hydroelectric power plants;
  • Advised an international investor for the procurement, construction and operation of an oil production facility in Bulgaria (€ 90mio);

Intellectual Property, Competition

  • Advised an international large luxury goods retail trust on trade mark and trade firm protection legal issues;
  • Advised a large Bulgarian insurance company in proceedings before the Competition Authorities regarding trade practices;
  • Advised large Austrian construction company before the Commission for Protection of Competition in appeal procedure against tender procedures for the construction of large industrial factory near Sofia;
  • Advised popular Bulgarian artists regarding infringement of their copyrights including conduction of civil proceedings in all stages of appeal;
  • Consulting a leading Austrian manufacturer of exterior and interior building facades, profiles and window frames for protection of its trademarks;
  • Consulting a leading US clinical research company for protection of its trademarks;
  • Consultation of a leading Bulgarian wine producer regarding the registration and protection of its trademarks;

 

Banking and Finance

  • Provided whole package of services for bank, insurance company and construction company for securing funding for a large building construction process (€ 0,75m);
  • Advised on full management of a financial swap incl. full package of execution transactions for debt clearance against acquisition of property between two trade companies and four state owned companies from the agricultural and forestry sector, supervised by the Ministry of agriculture and forestry (€ 0,6m);
  • Advised an international investor for the procurement, construction and operation of an oil production facility in Bulgaria – preparation of all financing contracts, participation in all negotiations with the financing party, consultation and preparation of the documentation on the whole process of establishing the collateral security (€ 90m);
  • Drafting all documents for € 10m mortgage deal securing funds for the erection of one of the biggest malls of Sofia;
  • Advised seller in all stages incl. financing and final sale of a business center in Sofia (€ 100m);
  • Advised real estate investment funds for acquisition and refinancing of retail project (€ 20m);
  • Advised Banks for enforcement procedures for under Special Pledges Act; 

 

Procurement Law and Tendering Procedures

  • Provided legal advice to several Bulgarian municipalities in conducting tender procedures for the construction of road infrastructure and water supply infrastructure;
  • Advised various international and local investors in the tendering process and implementation of the granted assignment in all its phases including administrative preparation and coordination with the regulatory bodies, planning phase, procurement and construction phase, financing, commissioning and acquisition of all respective permits, etc.
  • Advised large Austrian construction company in tender procedures for the construction of large industrial factory near Sofia;
  • Advising a large Spanish construction company on the bidding procedure for the development of the biggest highway construction process in Bulgaria (TRAKIA, LOT 2).

 

Administrative and Tax Law

  • Advised various foreign investors on tax effects in the context of international jurisdictions;
  • Advised on various investment projects regarding the application, acquisition of and compliance with the necessary licenses, administrative permits and concessions;
  • Advised a Swiss-Austrian trust on the corporate structure regarding large business center construction project on order to optimize all tax implications concerning three jurisdictions;
  • Advised a Swiss investor on all administrative, regulatory and tax issues for the implementation of large green energy project for the construction of a photovoltaic facility in South Bulgaria;
  • Advised a large US investment fond on its investment activities in Bulgaria, including tax and regulatory compliance;
  • Advised a large Austrian investor on the tax implications regarding large energy project in North-East Bulgaria;
  • Representation in all stages of appeal on administrative and tax litigation;
  • Advised a large commercial bank on the tax effects on the acquisition of assets under the Special Pledges Act;
  • Consulting an international construction company based in Germany in connection with the construction of a large industrial factory near Sofia on all issues of tax treatment and customs law, in the context of several jurisdictions, issues concerning double taxation, corporate management and commercial law;
  • Consulting a leading US software development company regarding the expansion in Bulgaria – contract law, commercial law;

 

Labor Law

  • Advised a large US clinical research company on the implementation of various Health Management models, application of ARD and all respective EU Directives in Bulgaria;
  • Advised an international luxury goods retail trust on labor law issues in Bulgaria;
  • Advised the National Investment Agency on labor law issues;
  • Advised large UK software developing company on legal matters concerning employment of leading personnel;
  • Advised an UK medical company on the conduction of massive lay-offs and salary cuts in Bulgaria;
  • Advised a Swiss industrial goods company on labor law issues regarding its employees in Bulgaria;
  • Advised a German leading forwarding agency on labor law issues with its management in Bulgaria;

Advised leading Austrian personnel development and training company on various labor law issues and administrative procedures for international placement of qualified personnel;