Bulgaria
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NBLO Successfully Defends Bulgarian Recycling Company in Workplace Accident Case
Background Over the course of three years, New Balkans Law Office provided legal representation to a Bulgarian company operating a recycling facility, following a tragic fatal accident that occurred on the factory floor. The incident led to multiple administrative court proceedings, initiated by the Labour Protection Directorate, which alleged that the company had failed to […]
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NBLO Advises on the Launch of Bulgaria’s First Crypto-Integrated Alternative Investment Fund
New Balkans Law Office is pleased to announce its role as legal counsel in the successful launch of MarketVision Capital AD, now officially registered as an Alternative Investment Fund (AIF) by the Bulgarian Financial Supervision Commission (FSC). Alongside this milestone, MarketVision Finance OOD has been authorised as the AIF’s Alternative Investment Fund Manager (AIFM), in […]
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NBLO advises Connect44 on becoming the largest investor in local digital twins business MYX
Connect44 AG, an Anglo-Swiss telecom services leader based in Lucerne with a workforce of 1,000 globally, has closed on its c. €3M investment in the Bulgarian startup MYX AD. As part of the transaction, Connect44 will acquire a significant minority share and it has already become the main external investor in the business. The post-money […]
New Balkans Law Office (NBLO) is pleased to announce its role in the successful completion of a USD 111.5 million cross-border financing transaction, delivered in close cooperation with a leading US law firm. The transaction involved a syndicated loan agreement with a total facility amount of USD 111,500,000 under which the international lead counsel acted […]
We are pleased to report a successful outcome in a recent case before the Sofia City Court concerning the return of a child under the Hague Convention on the Civil Aspects of International Child Abduction. NBLO client, a father residing in Western European state, sought the return of his young child after the mother retained […]
Background Over the course of three years, New Balkans Law Office provided legal representation to a Bulgarian company operating a recycling facility, following a tragic fatal accident that occurred on the factory floor. The incident led to multiple administrative court proceedings, initiated by the Labour Protection Directorate, which alleged that the company had failed to […]
Bulgaria has taken a significant step towards attracting global remote talent with the adoption of a new legal framework introducing a Digital Nomad Visa. On second reading in Parliament, the proposal passed with over 73% support – a rare display of consensus across political lines. The new visa category amends the Foreigners in the Republic […]
New Balkans Law Office has recently been made aware of a phishing scam targeting Facebook page owners and administrators in Bulgaria. This scam involves fraudulent emails that falsely claim to be from Bulgarian National Television (Българска национална телевизия) and are being circulated using our law firm’s name. These deceptive emails inform recipients that a post […]
NBLO recently advised the founders of a new pizza chain on their entry into the Bulgarian market. The chain is part of a well-established global franchise with more than 900 units internationally. Its particular strength is its technology stack which gives it a razor focus on operational success and on optimising delivering pizza online […]
New Balkans Law Office (NBLO) has recently provided extensive legal assistance in a case involving the newly introduced UK visas; more specifically, the Service Supplier Visa, which came into effect in April 2022. Our team was approached by Red Vertex OOD, an established Bulgarian company specialising in architectural visualisations. This company wished to supply services […]