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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 […]
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 […]
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 […]
Since acceding to the EU, Bulgaria has developed its start-up ecosystem, which has now matured considerably. Originally mostly the preserve of locals, over the last 10 years, tech founders from both within and outside Europe have come in to set up in Bulgaria. New Balkans Law Office is committed to an effective legal framework for […]
NBLO’s work as Central Point of Contact New Balkans Law Office’s expertise and extensive work in the area of Anti Money Laundering (AML) was recognised by one of the largest global cross-border payment service providers who have appointed NBLO as their Central Point of Contact (CPC) in Bulgaria. What is a CPC? According to […]
Over the last year, we have assisted numerous individual clients with international inheritance situations, where assets were left in EU and non-EU jurisdictions. Where there are valuable assets left by a decedent (whether in the context of a will or without one – so-called intestacy), there often arise complex legal questions and unfortunately at times, […]
NBLO advised on a Swedish-Israeli Joint-Venture Agreement entered into through a Bulgarian vehicle. We acted for a successful Swedish team which partners with a well-known Israeli gaming investor. The JV will target Asian markets. NBLO’s lawyers advised on the negotiations between the parties, drafting and execution of an English law governed JVA and ancillary documents; […]
NBLO’s team recently helped the owner of the Boney M trade mark. The mark was registered by one of the members of the well-known 1970s disco band Boney M. On the basis of the registration, cease-and-desist notices were sent in connection with the planning of a concert at the prestigious National Palace of Culture in […]
NBLO was recently involved in a complex multi-jurisdictional divorce. Our client, a dual national of the US and of Bulgaria, who was currently resident in Bulgaria, sought divorce from his spouse, a Guatemalan citizen. What made this case challenging was the fact that our client’s wife had abruptly left without leaving any contact details and […]
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 […]
A Russian citizen, Ms E. Independent professional in the restaurant sector living in central Europe. Married with four children. Profile of Mrs E. Age: 40-50 Work background: Hospitality entrepreneur Total net worth: > €1,000,000 Citizenship: Russia Residence: CEE/EU Marital status: Married Children: 4 Prior connection to BG: none Reasons for choosing a second passport in […]