Archive for April, 2012

BOYANOV & Co. Represented Austrian Post in Local Merger Clearance Procedure

Thursday, April 26th, 2012

BOYANOV & Co., acting on behalf of Post acht Beteiligungs GmbH, successfully obtained clearance for the concentration resulting from the acquisition of sole control by Post acht Beteiligungs GmbH, Austria over M&BM Express OOD, Bulgaria – a local privately-owned postal services operator, providing a full range of mail and parcel services, including hybrid-mail.

Post acht Beteiligungs GmbH is a wholly indirect subsidiary of Österreichische Post Aktiengesellschaft, which is the Austrian state-owned postal operator and the leading provider of mail shipping services in Austria.

The transaction was unconditionally cleared by the Bulgarian competition authority by a decision dated April 24, 2012.

BOYANOV & Co.’s team on the case was led by the partner Peter Petrov.

BOYANOV & Co. Is Ranked First by the 2012 Edition of The European Legal 500

Wednesday, April 4th, 2012

BOYANOV & Co. was ranked first by the reputable legal directory The European Legal 500, 2012 edition in eight practice areas researched in Bulgaria. Boyanov & Co. was rated a first tier law firm in Banking and Finance, Capital Markets, Corporate and M&A, EU and Competition, Privatisation, PPP and Foreign Investment, Projects, Energy and Natural Resources, Real Estate and Construction and TMT. For more information, please visit http://www.legal500.com/c/bulgaria/.

BOYANOV & Co. Is Again Ranked First by Chambers Global 2012

Wednesday, April 4th, 2012

BOYANOV & Co. was again ranked first by Chambers Global 2012 in the General Business Law practice area in Bulgaria. Chambers Global 2012’s commentary on BOYANOV & Co. is the following:

Market observers praise managing partner Borislav Boyanov for his “exceptional skills” and describe him as “one of the best in Bulgaria”. He focuses on corporate mandates and has excellent knowledge of cross-border transactions, especially in South Eastern Europe. He is also the co-chair of the SEE Legal Group. Sources single out Damian Simeonov as a “thorough and sensible adviser” . He is highly rated for his expertise in the fields of banking and finance and TMT. He advised UBS on the restructuring of a USD40 million security granted to the bank for a loan facility to a local metals company. Alexander Chatalbashev is “commercially minded and a deal maker”, say sources. Peers regard him highly for his work in the energy sector, but he is also active in financial markets law. Yordan Naydenov leads the M&A and corporate department and is praised as an “extremely business-oriented and attentive adviser”. He leads the team advising the Bulgarian government on the privatisation of Bulgartabac, in a headline deal. Svetlina Kortenska’s practice covers a range of fields, including corporate, energy and especially banking law. Peers highlight her “great attention to detail”.

BOYANOV & Co. Successfully Defends Ideal Standard-Vidima AD in а Tax Case

Monday, April 2nd, 2012

BOYANOV & Co. successfully represented Ideal Standard-Vidima AD, a leading manufacturer of bath and kitchen products, in a tax litigation exceeding BGN 1.1 million. The complex case, involving interpretation of legislative provisions and application of ECJ established principles in taxation, ended by a decision entirely favouring the position of our client.