Yavor Markov
Associate
Yavor joined NBLO in 2019 and his main interests lie in corporate, competition and EU law.
With a background in European law and experience in studying and working in Germany and the Netherlands, Yavor is well-suited to provide a true cross-border perspective on our clients’ cases. Before joining NBLO, he worked in the Bulgarian central bank and was also a trainee at the ECB.
Yavor is also familiar with the private sector, where he used to work for a commercial bank and another well-known Bulgarian law firm.
Qualifications: Sofia University, LL.M. (2013); Radboud University Nijmegen - LL.M. in European Law (2015)
Languages Spoken: Bulgarian, English and German
Office Location: Sofia
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Corporate and M&A
Overview We see corporate and commercial work and M&A as the core of our practice. We serve a range of international clients in different sectors of the economy and advise on a broad variety of corporate and commercial work. Our lawyers have in-depth knowledge and abundant practical experience of local, as well as international transactions […]
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Bankruptcy and Insolvency Litigation
Sometimes there are unexpected changes in the circumstances of a business and we help in steering businesses through these such as a bankruptcy and insolvency, as well as representing creditors in claims – collectively in the restructuring or where legally available, through individual action. We excel in and are market-leading in litigation in situations in […]
- Insolvency and Restructuring
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Private Companies
Private companies are the backbone of the economy with a variety of activities aimed at millions of clients. We have abundant experience with Bulgaria and foreign clients active across the world in areas as diverse as online services, gaming, cryptocurrencies, and real estate. We at NBLO regularly assist private company incorporation and provide an all-encompassing […]
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Shareholder, corporate, JV and M&A disputes
In the field of corporate disputes, building on the knowledge acquired in venture and seed fund-raising and investing, M&A and general business law, we seek the best outcome for clients. Our experts advise on potential and actual claims from private M&A and joint ventures on issues connected to breaches of SPAs, SHAs, JV As and […]
- Family and Children
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Opening a bank account in Bulgaria in the name of foreign business or organisation
Foreign-Incorporated Business Bank Account Application In this note, we provide an overview of the requirements an overseas-incorporated business must generally meet to open a bank account in Bulgaria. We restrict our analysis to those organisations or businesses which are structured as companies or corporations in their home jurisdiction. Bulgarian law recognises legal forms originating in […]
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The Bulgarian Parliament Ordered to Pay Damages to a Private Entity
In a judgment of the Bulgarian Supreme Court of Cassation (SCC), the Bulgarian Parliament was found in breach of EU law and ordered to pay damages plus interest in the amount of BGN 200,000 (approximately EUR 102,000) to the claimant, a private entity. This is noteworthy in particular because it is becoming increasingly accepted to […]
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Amendments to the Common Building Ownership Act
You may find it challenging to manage and upkeep a holiday apartment in a commonly-owned building in Bulgaria, while you live abroad. If, for example, the building were flooded, affecting your apartment in the process, you will face a hard time coordinating with the other owners to have the problem fixed. The law governing the […]
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NBLO’s Model Shareholders’ Agreement now available
NBLO is proud to announce that its team, in collaboration with the Bulgarian Private Equity and Venture Capital Association (BVCA), has created a model Shareholders’ Agreement (SHA) designed to help early-stage companies by providing a user-friendly legal framework to navigate the relationship between founders and investors in early-stage Bulgarian companies. You can now find the […]
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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 […]
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EU-China Investment Treaty: Possible New Opportunities for Investors?
Following prolonged negotiations, the EU and China are expected to soon sign the EU-China Comprehensive Agreement on Investment (CAI). This treaty will supersede the existing bilateral investment treaties between China and 26 Member States (all Member States except Ireland). It is expected that the agreement, whose exact provisions are yet confidential, but will be publicly […]
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Dispute Resolution for Businesses and Individuals post-Brexit
The following note briefly deals with the position of private actors (businesses and individuals) following the EU-UK Trade and Cooperation Agreement (the ‘Agreement’) agreed on Christmas Eve 2020 after prolonged Brexit talks and provisionally in effect until 28 February 2021 pending review review and parliamentary ratification. The Agreement, in addition to the provisions of the […]
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Employee share option plan (ESOP) for a digital marketing startup
A client, a high-growth foreign-owned Bulgarian startup recently approached NBLO for advice on the next phase of its growth needs. Our task was to help the client implement an employee share option plan (also known as an ’employee stock option plan’ or ‘ESOP’ in US usage). As a startup keen to incentivise performance in the […]
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The Covid-19 Workplace: Labour Inspections at Employees’ Homes?
In response to the Covid-19 outbreak, Bulgaria like many other jurisdictions adopted legislation that facilitated work from home by employees who would normally provide from premises provided by their employer. As a result of the epidemic, many businesses allowed their employees to work remotely from their homes in order to mitigate the risk of contagion. […]
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Protection from Domestic Violence in Bulgaria
While natural affection and trust within the family home ideally ought to protect household members from violence and oppression from each other, when affection fails, rights are needed to provide safety. The overwhelming share of the victims of domestic violence are women and children, while it can affect men too. The Bulgarian Protection from Domestic […]
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Child Abduction Proceedings in Bulgaria under the Hague Convention
In this note, we describe proceedings under the Convention on the Civil Aspects of International Child Abduction (Hague Convention or Convention) from a Bulgarian perspective. The Hague Convention intends to facilitate the process of returning abducted children to the place of their habitual residence. There are 101 state parties^1, and Bulgaria joined in 2003. Of note, when […]
