BOYANOV & Co. Contributed to the IBA Arbitration Country Guide

Kina Chuturkova, Head of the Dispute Resolution Practice Group of BOYANOV & Co., contributed to the Bulgarian chapter in the IBA Arbitration Country Guide, published by IBA Arbitration Committee. To read the Bulgarian chapter, please visit   Copyright picture: IBA


ALERT: On 25 May 2018 the new General Data Protection Regulation (2016/679) (the “GDPR”) will enter into force.

ALERT: On 25 May 2018 the new General Data Protection Regulation (2016/679) (the “GDPR”) will enter into force. How is this important to you? While the GDPR mostly upgrades the current legal regime after 20 years of case law and practice on personal data protection, its entry into force will introduce significant new fines reaching […]


ECJ interprets financial collateral on bank accounts

In November 2016 the European Court of Justice (ECJ) issued a preliminary ruling on the interpretation of the Financial Collateral Arrangements Directive (the FCA Directive). In that ruling (which is the first ECJ ruling on the FCA Directive) the ECJ held inter alia that the requirement under the FCA Directive that the collateral must be […]


Bulgaria’s exclusion of certain bank deposits from the deposits guarantee breaches an EU Directive

In this article BOYANOV & Co. presents a critical analysis of Bulgarian legislation governing bank deposits guarantee excluding from the guarantee deposits solely because they had a higher interest rate than the standard one provided by the bank. The article was written by Damian Simeonov, Partner and Co-Head of BOYANOV & Co.’s Banking and Finance […]


Pledge enforcement now requires an insurance, which makes it more costly

One of the amendments brought at the end of 2016 to the regime of ”special pledges” (i.e. commercial pledges where the pledged assets remains in the possession of the pledger) is the new requirement for insurance. In particular, a creditor secured by a special pledge enforcing the pledge must, among other things, appoint a “depository”. […]


Amendments to the Regime of Pledges in Bulgaria Effective 30 December 2016 – are creditors in a better position now?

In this article BOYANOV & Co. provides a brief overview of some of the recently adopted material amendments to the Bulgarian Special Pledges Act and the new risks related to their practical application. Please find below the Memorandum outlining the amendments, prepared by Mr. Damian Simeonov, Partner and Head of Banking and Finance, Mrs. Ralitsa […]


Parallel Import and IP Rights Protection in Bulgaria

BOYANOV & Co. contributed to the CEE Legal Matters magazine with an Expert review on IP rights protection in Bulgaria in cases of parallel import – import of non-counterfeit branded goods in a particular jurisdiction without the consent of the trademark owner. The Expert review was contributed by Kina Chuturkova, Partner and Head of […]


Proposed Amendments to the Bulgarian Commerce Act

BOYANOV & Co. made a presentation on the proposed amendments to Bulgarian Commerce Act introducing, amongst others, new restructuring proceedings implementing principles of the European Commission Recommendation on a new approach to business failure and insolvency at a CEE Finance & Debt Capital Markets Workshop, organized by Freshfields Bruckhaus Deringer in Vienna on 6 – […]


Mergers and Acquisitions, Global Legal Insights

BOYANOV & Co. contributed to the fifth edition of Global Legal Insights – Mergers & Acquisitions, published by Global Legal Group Ltd, London on 31 March 2016. The chapter on Bulgaria has been written by Mr. Yordan Naydenov, Partner and Head of Corporate and M&A at BOYANOV & Co. and Dr. Nikolay Kolev, Senior Associate […]