New Balkans Law Office offers bespoke services to corporate and private investors and syndicates of investors which operate in or are based from the Bulgarian marketplace, or which are considering establishing a local presence.
Our corporate clients originate from a variety of industries and from the start, we have served organisations (including multinational businesses, venture capitalists, clubs and syndicates of investors, not-for-profits and public bodies) originating from all major global economic regions.
We advise investors fresh to or seasoned in Bulgaria, and participate in the structuring of regional and international transactions which aim to make use of Bulgaria's advantageous corporate and tax infrastructure. Since our establishment, we have grown both in terms of our international client base and in the variety and complexity of the professional case load we regularly handle.
Please select a practice area of interest from the list on the left, to find out more about some of our capabilities.
An ~€1M claim on behalf of real estate consultants
NBLO’s dispute resolution lawyers represented UK-based real estate consultants who had structured a € 40-million-worth commercial property project on the Bulgarian Black Sea coast. In breach of an applicable contractual obligation, the consultants had not been paid the agreed success fees for their services. The then director of the defaulting party had been tragically shot dead in the meantime.
Following a hotly contested first instance, with below-the-belt attempts by the other side (the least untypical perhaps being the claim that the contract had been a forgery and a trial-within-a-trial on the issue), our team succeeded in obtaining a judgment at first instance. The parties were then able to achieve a significant settlement.
The key skills we were able to bring to bear in providing a solution included searching for solutions across the problem domain; appropriately involving representatives of Bulgaria’s EU partner member-states to buttress judicial independence; and resourcefully dealing with heterodox approaches by our judicial opponents.
© New Balkans Law Office 2020