Anheya Pirindeva
Associate
Languages Spoken: English
Office Location: London
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How to Open a Bank Account in Bulgaria as a Foreign Business
In this article, we provide an overview of the criterion that overseas incorporated businesses must generally fulfil in order to open a bank account in Bulgaria. We have restricted our analysis to organisations that are structured as companies or corporations in their home jurisdiction. Although Bulgarian law tends to recognise the legal forms of other […]
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The validity of liquidated damages clauses in the UK and Bulgarian jurisdictions
A liquidated damages clause is a contractual provision requiring a party to pay a genuinely pre-estimated and agreed amount in the event of a specified breach. The purpose is to compensate the injured contract party for the breach. The inclusion of such a clause has the benefit of saving unnecessary costs and time for determining […]
