The Maturing Bulgarian Startup Ecosystem

New Balkans Law Office is very pleased how far starting up in Bulgarian technology has come since 2009, and we are looking forward to continuing to support the startup sector, including through several events this week. Firstly, today, two of … Continue reading

Data Protection – New Ordinance – Impact Assessments and Minimum Standards Introduced

A new Ordinance (Ordinance No 1, dated 30 January 2013), on the minimum level of technical and organizational measures and type of protection of personal data has been promulgated in the State Gazette, Issue 14 of 12 February 2013 (“the … Continue reading

NBLO Managing Partner Mentors at Seedcamp Estonia

New Balkans Law Office is strongly committed to supporting entrepreneurs as they launch their businesses. Building on our Intellectual Property seminars for IT entrepreneurs in Bulgaria, the firm has become involved in the start up community internationally. Continue reading

NBLO Attends Seventh Conference on Strategic Infrastructure

The Seventh Conference on Strategic Infrastructure was held on the 29th March at the Sheraton Hotel Sofia. New Balkans attended the event, and this article offers a synopsis of the event and highlights the main legal developments that will affect the sector in the coming year. Continue reading

Enforcement Client Note

NBLO’s Enforcement Client Note considers all aspects of enforcement in Bulgaria. It discusses the scope of enforcement; its execution (commencement, progress and termination) and its limits. The note examines the subject from the viewpoints of both creditor and debtor. The … Continue reading

The Legal Framework of the International Construction Business

A high-level seminar which explains recent legal developments in the construction sector, held from 14:00 – 18:00 on 22nd November, 2011 at the Sterling Business Centre, Sofia. Continue reading

Bulgarian Investment Climate Seminar

The “Bulgarian Investment Climate” Seminar took place between 16:00 – 17:30 on the 31st October. The presentation from the day is available here. Continue reading

Bulgarian Sports Legal News

The Act for the Amendment and Supplementation of the Bulgarian Physical Education and Sports Act (PESA), enacted on the 7 December 2010, introduces a new Article 50 (d) (ie, “г” in the Cyrillic alphabet) into the statute it amends. The new provision … Continue reading

Recent amendments in the Commerce Act restrict eligibility for directorship by directors of insolvent private limited companies and others

Recent amendments (in force since the 15th of February, 2011) in the Bulgarian Commerce Act (“CA”) have created new provisions: arts 21 (3) 3, Art. 57(4) and art. 141(8) 8, CA. These introduce stricter requirements for the eligibility of procurators … Continue reading

Bulgaria to revise its renewables law

The Bulgarian Parliament has started reviewing the Energy from Renewable Sources Act (“ERSA”). Several key amendments, relevant to the photovoltaic solar sector are introduced. We focus on two: the introduction of a fixed FiT level for the life of each Power … Continue reading