Spasov and Bratanov advised DBS Bank LTD, acting as arranger and Madison Pacific Trust Limited, acting as agent and security agent on making available certain facilities in excess of 1 billion USD to Sutherland Global Service UK LTD. In the latest years it is becoming more common for Bulgarian market to become field for large international transactions involving many legal teams from different jurisdictions working in collaboration on projects for billions. The experience of the lawyers at Spasov and Bratanov was key to providing crucial advice to banks and financial institutions and this transaction was no exception. Partner Vassil Hadjov and counsel Nadia Hadjova, being assisted by associate Krasimir Mitkov, made sure to deliver excellent service and achieve stellar results navigating through the clashes between international and Bulgarian law and finding the meeting points in order to secure best end result.  

Date: March 2023

Source: Spasov & Bratanov Lawyers’ Partnership