Sell side advice on a new transaction by our Bulgarian team
The Bulgarian office of PETERKA&PARTNERS advised the shareholders of a leading provider of materials and equipment for the advertising industry in Bulgaria on the clauses of the SPA with a purchaser of the shares in the company. The assistance covered comprehensive advice with respect to the contractual clauses and various aspects in the context of […]
Rules on Remote Work and Other Labour Code Updates
Amendments concerning home office regulations and certain other employment rules have been introduced recently in Bulgaria. Our article below summarizes the main changes. It’s recommendable for employers to review their employment agreements and internal regulations and introduce respective adjustments. Read about it HERE.
Transactional Advice in Bulgaria
The Bulgarian team of PETERKA&PARTNERS advised one of the subsidiaries of a US based Nasdaq and Fortune 1000 tech group on corporate, IP and employment aspects related to an asset transaction in Bulgaria.
PETERKA&PARTNERS Bulgaria successful with objections in insolvency proceedings
Bulgarian office successfully represented the local subsidiary of a major European logistics group in insolvency related proceedings of a client’s debtor, in particular with objections against a refusal of the insolvency trustee to accept some of the client’s claims. The matter required complex argumentation associated, among others, with the justification of the secured/privileged status of […]
Fast-track liquidation procedure suggested by Ministry of Justice in Bulgaria
New fast-track liquidation procedure has been suggested by the Ministry of Justice in Bulgaria. Read about it HERE.
PETERKA & PARTNERS Bulgaria successfully represented EU air carrier in a tort claim filed before Bulgarian court
PETERKA & PARTNERS Bulgaria successfully represented one of the largest European air carriers before a Bulgarian court with respect to a tort claim submitted by a deported passenger against the client. The case involved unconventional legal issues in the areas of citizenship and the status of stateless persons, transportation of deported passengers, air security, border […]
PETERKA & PARTNERS Bulgaria advised a leading global generic pharmaceuticals group on a special distribution agreement
PETERKA & PARTNERS Bulgaria advised a leading global generic pharmaceuticals group on a special distribution agreement related to delivery of flu vaccines to health care professionals within the 2023 – 2024 flu vaccination campaign. The agreement covered various unconventional elements and arrangements related among others to the requirements under the framework of the national vaccination […]
Changes in Bulgarian whistleblowing legislation
While the time limit for the majority of businesses for introduction of internal reporting channel and related compliance measures approaches (December 2023), the Bulgarian whistleblowing legislation have undergone amendments in the beginning of October 2023. Please refer to our article on the matter for further details.
Renewable energy in Bulgaria – new rules in force since October 2023
Important amendments of the rules on renewable energy have been passed by Bulgarian Parliament recently. Among other things those include: • Expansion of the framework for encouragement of RE projects; • Various changes to the rules on connection of RE installations to the grids; • Rules aimed at increased transparency and improvement of procedures and […]
Changes in rules on insolvency and stabilization in Bulgaria
Insolvency and stabilization proceedings in Bulgaria have recently undergone legislative amendments introduced with the objective of increasing their effectiveness. Our Bulgarian team summarised the changes in this article.