Registration of the actual owner of a legal entity

02 April 2019

In connection with the implementing of Directive (EC) 2015/849 a new Law on Measures against Money Laundering (LMML) was adopted at the end of March 2018. It introduced...

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Problems related to the imposition of preliminary security measures in the assessment proceedings

14 March 2019

The initiation and conduct of assessment proceedings is a procedure that a significant part of the operating companies face on the territory of the country. In...

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How is lack of unpaid wages proven when transferring a company shares?

01 March 2019

The amendments to the Commerce Act promulgated in State Gazette No 102 of 22 December 2017 introduced a limitation according to which a company shares may be...

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Velchev & Co successfully defends a client against an unlawfully imposed by Customs Agency sanction exciding BGN 5 000 000

16 February 2018

Decision No. 441 / 04.08.2017 ruled on case No. 1044 / 2016 by the Petrich District Court and upheld by the Blagoevgrad Administrative Court with Decision No. 218 /...

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The end of an era: termination of intra-EU BITs

10 April 2017

"Intra-EU bilateral investment treaties are outdated and as Italy and Ireland have shown by already terminating their intra-EU BITs, no longer necessary in a single...

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The rise of international investment arbitration claims against Bulgaria

24 March 2017

Since 2013, Bulgaria has experienced a significant rise in the international investment arbitration claims against the state in the energy sector. The great majority...

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Amendments in the Code Of Civil Procedure

28 February 2017

Two amendments have already been adopted to the Civil Procedure Code (CCP) in the beginning of 2017. The first ones that create a new limit to the scope of disputes...

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DIRECTIVE (EU) 2016/943 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the protection of undisclosed know-how and business information

16 January 2017

DIRECTIVE (EU) 2016/943 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 8 June 2016 on the protection of undisclosed know-how and business information (trade...

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Recent amendments to the Non-Profit Legal Entities Act

09 November 2016

Аn Amendments and Supplements Act to the Non – Profit Legal Entities Act were published in the Bulgarian State Gazette, Issue No 74 as of 20th September 2016. They...

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Principles for creating multi sectoral regulators, according to Directive 2002/21 / EC

26 October 2016

During the court case Xabier Ormaetxea Garai and Bernardo Lorenzo Almendros against State Administration of Spain, an inquiry to the European Court of Justice (Case...

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