Spasov & Bratanov is proud to have assisted Allterco JSC in its listing at the Frankfurt Stock Exchange (the ever first direct listing of the shares of a Bulgarian listed company at a German regulated market), by way of issuing legal opinion on Allterco JSC in the format, acceptable for the Frankfurt Stock Exchange, which is an incremental part of the listing process. Ina Raikova, Senior Associate, was the lead lawyer on this pioneering project.
Date: November 2021 Source: Spasov & Bratanov Lawyers’ PartnershipImportant Clarification by SAC upon appeal by S&B Law Firm Through Judgment No. 1649 of 13 February 2026 under administrative case No. 9738/2025, the Supreme Administrative Court of Bulgaria (Fifth