Archive for March, 2013

BOYANOV & Co. Is Recommended as a Top Tier Firm in Eight Practice Areas by the 2013 Edition of The Legal 500: Europe, Middle East & Africa

Thursday, March 28th, 2013

BOYANOV & Co. has been recommended as a Top Tier Firm in eight practice areas researched in Bulgaria by The European Legal 500, 2013 edition. The firm was ranked first in Banking and Finance (“knowledgeable” group that provides “a first rate service”), Capital Markets (“very experienced” capital markets team), Corporate and M&A (“thorough and detail-oriented” team pairs “knowledge of the law with an ability to provide clear solutions), Energy and Natural Resources (“fantastic, first-tier practice), EU and Competition (“quick and effective team), Projects and PPP (“committed team provides excellent response times), Real Estate and Construction (the “quick and responsive” real estate and construction team is praised for its “clear and effective advice) and TMT (“outstanding” TMT team). To read the full editorials of BOYANOV & Co.’s Top Tier practice areas, please visit

Moreover, Five Lawyers of BOYANOV & Co. have been listed by The European Legal 500 as “Leading Lawyers” in the 2013 edition. The Leading Individuals are: Alexander Chatalbashev, Energy and Natural Resources (the “enthusiastic” practice head is “a leading light for energy matters”), Damian Simeonov, Banking and Finance and TMT (“excellent” and “highly regarded”), Nickolay Nickolov, Real Estate and Construction (“a very experienced and effective real estate lawyer”), Peter Petrov, EU and Competition (“first-rate”) and Yordan Naydenov, Banking and Finance, Corporate and M&A and Projects and PPP (“a real expert”). 

The European Legal 500 reviews the strengths and strategies of law firms in 63 jurisdictions in Europe, Middle East and Africa. The Guide provides research and law firm rankings to enable clients to identify the best law firm in the particular country. The research every year is based on thousands of clients’ interviews and rival commercial lawyers’ opinions.

BOYANOV & Co. Is Ranked in Band 1 by Chambers Global 2013

Monday, March 18th, 2013

BOYANOV & Co. is again ranked first by Chambers Global 2013 in the General Business Law practice area in Bulgaria. Please find below Chambers Global’s editorial on BOYANOV & Co.:

Managing partner Borislav Boyanov is universally lauded as an expert corporate lawyer with considerable experience. “He gets things accomplished efficiently and quickly”, states one client. Damian Simeonov attracts praise for his thorough knowledge of the banking and finance sector. He recently advised Citi VCI on the acquisition of a 38% stake in animal health products company Huvepharma. Observers describe Alexander Chatalbashev as “a diligent and attentive lawyer”. His practice focuses on energy, financial markets, and procurement. Telecoms and media expert Yordan Naydenov remains an active member of the team, leading on a number of the firm’s key mandates. Banking and finance specialist Svetlina Kortenska is lauded as “a great lawyer – significantly experienced and highly knowledgeable, with attention to detail”.

Moreover, Managing partner Borislav Boyanov has been ranked by Chambers Global 2013 as a Foreign Expert in the General Business Law practice area for Bulgaria and as an Expert Based Abroad in the Corporate/ Commercial practice area for Central & Eastern Europe.

BOYANOV & Co. Becomes an Exclusive Member for Bulgaria of ISFIN: The World’s Leading Islamic Finance Lawyers

Thursday, March 14th, 2013

BOYANOV & Co. joins forces with ISFIN as an exclusive representative for BULGARIA of The World’s Leading Islamic Finance Lawyers. ISFIN is the world’s leading platform of law firms specialising in Islamic Finance, investments from and to the Muslim world and the Halal industry. The alliance covers more than 40 jurisdictions around the world. ISFIN is composed by the most innovative and highly regarded independent law firms.

Borislav Boyanov, Managing Partner of BOYANOV & Co., says “We know the benefits of effective networking. ISFIN is a very innovative platform to deliver tailor-made services to the clients and think alternatively our relationships with the emerging markets.”

Prof. Laurent Marliere, CEO of ISFIN, commented, “ISFIN is delighted to welcome BOYANOV & Co. as our sole partner for BULGARIA. We share their entrepreneurial spirit. The firm has wonderful connections in Bulgaria and abroad. Our partnership with BOYANOV & Co. enhances an amazing team that we have put together in Eastern Europe. We have simply gathered around ISFIN the best firms in the region! BULGARIA witnesses perfectly the role that can be played by several countries in the region: an interface between the Western and the Muslim markets.”

“We appreciate the firm’s dedication to support the rule of law. BOYANOV & Co. has been involved in the development of modern and efficient business regulations in the country’s legislation… Lobbying and providing opinions on amendments of the Bulgarian Constitution and more than 15 legal acts. It takes both an academic and business mind to achieve that!” says Prof. Marliere.

Important Amendments to the Bulgarian Commerce Act

Friday, March 8th, 2013

In February 2013 the Bulgarian parliament adopted important amendments to the Commerce Act in relation to the payments terms under commercial transactions and the insolvency clawback rules. Please find below a brief summary outlining the amendments.

Important Amendments to the Bulgarian Commerce Act