Blog

On the premiere leveraged finance transaction on the Bulgarian market in 2017, we acted for all finance parties, including the Co-Arrangers (Rabobank Antwerp, BNP PARIBAS S.A. – Sofia Branch, UniCredit Bulbank AD and ING Bank N.V. – Sofia Branch), the Agent (Citibank Europe plc, UK Branch) and the Security Agent (Citibank N.A., London Branch) in…
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The European Bank for Reconstruction and Development is a longstanding client of the Partnership. So far in 2017 we acted for EBRD on no less than three cross border deals. In a very tight timeframe, where swift fulfillment of the conditions precedents to disbursement was crucial for the borrower, a team of three lawyers, lead…
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A team of lawyers, lead by our very experienced Counsel Nadia Hadjova advised the European Bank for Reconstruction and Develepment in relation to a EUR 20,000,000 secured loan to Teklas - Bulgaria EAD and its Serbian affiliate. The auto industry giant (which is among the largest 100 companies in Bulgaria) will use the monies to…
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A team of top members of our competition law and litigation practices has successfully defended Bulgaria Air, the national air carrier of the Republic of Bulgaria, against the complaint of a travel agency for abuse of a stronger bargaining position. The Competition Protection Commission found that all allegations against our client were unfounded and thus…
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Our competition team, involving Georgi Spasov and Kremena Yaneva-Ivanova, has successfully assisted Energo-Pro Sales, the public electricity supplier in the North-East Bulgaria, in its court appeal against a decision of the Competition Protection Commission by which the company was fined some BGN 1.6 million for abuse of dominance. Following three-year and a half court proceedings,…
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We are very proud to share that after a competitive selection process, the Partnership was appointed to act for ICGB AD (the project company) in connection with the development, financing, construction and commissioning of the Gas Interconnector Greece-Bulgaria (IGB Pipeline). Vassil will lead our experienced team. To find out more about our oil & gas…
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We have advised European Bank for Reconstruction and Development in relation to a EUR 5,000,000 secured loan to PIMK Holding Group AD, the biggest transport company in Bulgaria and top 10 in Europe in terms of transport resources and transported cargos, to be utilized for the purposes of expansion of PIMK’s railway operations aimed at…
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