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

Bulgarian Private Equity

This client note gives an overview of the legal framework governing the Bulgarian Private Equity market. It discusses both the current business environment and its legal aspects, from fund structuring, securing debt finances through to exit strategies. To view, please download the PDF. Continue reading

New Balkans Law Office firm brochure

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Employment law

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Client Note: Enforcement in Bulgaria of judgments and awards from domestic and foreign courts and tribunals

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