The global economic crisis has imposed difficulties to a number of businesses. The outcome has been an increasing number of engagements for closing down of different forms of establishments, initiation of insolvency procedures, as well as intra-group reorganizations and restructuring activities.
With our specific and expert knowledge of the regulatory framework, as well as hands on experience on complicated cases, we are valuable advisor to our clients, who can protect their interests to the highest possible extent against the solvency problems of their contractors and business partners.
You can rely on us from the diligent scrutiny of the legal status of your potential future contractors to on-going protection of your interests throughout the entangled insolvency proceedings initiated against your business partners and debtors. We also offer practical and commercial advice on a full range of contentious and non-contentious issues encountered in insolvencies.
Our lawyers have abundant experience in corporate restructuring and reorganization. We provide full scope advice and assistance, which comprises:
An ~€1M claim on behalf of two real estate professionals
We have been acting for two UK-based real estate consultants who were instrumental in the appointment of a Bulgarian construction company by a UK investor to build a commercial property project valued at € 40 m and who had not been paid the contractual fee for their service.
NBLO succeeded at the first-instance court. The case is currently on appeal.
© New Balkans Law Office 2017