The Eastern European Forum Newsletter published in its January 2003 issue, the conference report of Tsveta Jeliazkova, associate at Borislav Boyanov & Co., regarding the Balkan Legal Forum, which was held in Sofia, September 25-27, 2002. The report centers on the topics and the presentations of the distinguished speakers and notes the high degree of support the Forum enjoyed from Bulgarian and foreign dignitaries and members of the legal profession in South-East Europe and around the world.
Archive for January, 2003
In its January 2003 edition the International Bar Association’s Eastern European Forum Newsletter, published an article by Borislav Boyanov & Co. Partner Yordan Naydenov and Associate Petko Iliev, covering the major changes in Bulgaria’s privatization regulations. The article, named “New Privatization Rules” reviews the changes, aimed at increasing transparency of the privatization process, improving the public’s view of this process and increasing revenues from privatization transactions. Major points of focus include alterations to privatization procedures, methods of privatization, changes enhancing fair play and equity rules, changes in enforcement authorities, public registries, concessions and licenses.
The operations undertaken by the Bulgarian government for management of the country’s sovereign external debt were awarded by Euroweek news agency with best transaction in debt management during 2002 award. The award was officially announced at the 8th forum of issuers and investors of Central and Eastern Europe in Vienna, attended by Finance Minister Milen Velchev and Deputy Finance Minister Krassimir Katev. The award is given following a poll of bankers, investors, and independent financial experts, who commended Bulgaria for its debt management strategy. Borislav Boyanov & Co. acted as a legal counsel to the managers JP Morgan Chase and Salomon Smith Barney for all of these transactions, reaching a total value in excess of one billion USD.