SEE Legal has issued its first edition of The Southeast Europe Taking & Enforcing Security Handbook 2015

October 20, 2015

The Southeast Europe Taking & Enforcing Security Handbook 2015 is a product of the Banking and Finance Practice Group of SEE Legal (the South East Europe Legal Group). It focuses on the most commonly used types of security interests in South East Europe today (such as mortgages, pledges and financial collateral (where available)). The SEE Legal Group hopes that it will prove to be a helpful deskbook resource for in-house counsels, finance professionals and legal practitioners in dealing with security taking or enforcement in South East Europe.

The Bulgarian chapter, contributed by Damian Simeonov (Head of Banking and Finance) and Ralitsa Nedkova (Senior Associate), provides an insight on the key aspects of taking and enforcing security interests, including available security, the use of security trustee and/or parallel debt concepts, specifics in relation to certain categories of assets, the degree of control the creditor has over the enforcement process, costs and expenses for creating and maintaining security and the effects of opening of insolvency proceedings on security interests.

Download SEE Legal Taking & Enforcing Security Handbook 2015

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