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05.12.2013

New Kaufland store in Sofia

Kaufland’s ninth store in the capital and welcomed its first guests and clients at an official inauguration party that took place on Thursday 5 December. The retail chain continues its successful presence on the Bulgarian market and the rapid ...

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04.12.2013

New passenger terminal at Burgas airport

A new modern and full-equipped passenger terminal was inaugurated on Wednesday, 4 December at the airport of Burgas. The terminal covers an area of 21 000 sq. m and its capacity can meet the needs of 2500 passengers per hour. The total investment in ...

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15.11.2013

Todor Todorov at the 2013 BalREc conference

Senior associate Todor Todorov will participate as a lecturer in the 2013 BalREc conference that will take place on 25th November 2013 at the Sofia Event Center. The event brings together experts from the most active companies in the field of real es ...

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04.11.2013

Stefan Tzakov and Irena Petkova at the BBSPA Regulatory and Legal Seminar

Partner Stefan Tzakov and senior associate Irena Petkova attended the second edition of the Regulatory and Legal Seminar organized by the Balkan and Black Sea Petroleum Association. The event took place on 6 November 2013 at Grand Hotel, Sofia, Bulga ...

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30.10.2013

Successful outcome in Alen Mak – Rubella competition dispute

Following a claim submitted by Alen Mak Bulgaria EAD against Rubella Beauty AD for violations of the Competition Protection Act, with Decision 1423 of 23 October 2013, the Bulgarian Commission for Protection of Competition has decided in favor of the ...

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04.10.2013

Class “A” investor WITTE Automotive Bulgaria lays the foundations of a car parts plant

Globally operating company WITTE Automotive, recognized for the innovative and powerful know-how in the development and production of technical solutions for locking and latching systems, through its Bulgarian subsidiary WITTE Automotive Bulgaria, wi ...

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03.10.2013

Pleven Regional Water PPP short-listed by World Finance magazine as Water Deal of the Year

World Finance magazine, part of World News Media Group and dominant provider of information to project finance, PPP and privatization stakeholders, has shortlisted The Pleven Regional Water PPP in the category Water Deal of the Year. The €200 mi ...

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23.09.2013

DANONE Bulgaria sells its production capacities

Kambourov & Partners serves as the local partner of DLA Piper and advises on the sale of DANONE’s local production capacities to the American company Schreiber Foods. Products of the French group in Bulgaria, as well as in Portugal and the ...

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26.08.2013

Kambourov & Partners advises Achmea on the transfer of its Bulgarian insurance activities

The Corporate and M&A team of Kambourov & Partners advises the Dutch insurance group Achmea on a transaction concerning Achmea’s Bulgarian subsidiaries Interamerican Non Life and Interamerican Life. On Wednesday, 21 August, an agreement ...

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15.08.2013

New passenger terminal inaugurated at Varna airport

The new passenger terminal at the airport of Varna was inaugurated on Thursday, 15 August. The total investment in the development and construction of the terminal and the related infrastructure is estimated at over EUR 40m. As planned, after the com ...

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30.07.2013

Kambourov & Partners succeeds in bTV vs Nova TV abuse of dominant position litigation

The Competition team represents bTV Media Group in a landmark case against its main competitor Nova TV. In July 2011, Nova Broadcasting Group AD filed a claim before the Commission for Protection of Competition stating bTV was applying “predat ...

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30.07.2013

Success in high-profile dispute between famous TV shows

Following a prolonged court battle, on 23 July 2013 Sofia City Court sitting as a court of first instance announced its decision rejecting the BGN 100 000 copyright infringement claim filed by the producer of the notorious TV talk show “Sl ...

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05.06.2013

Kambourov & Partners advised HSBC and IFC on a $500 Million Financing for Petroceltic's Expansion

Kambourov & Partners served as the local counsel to HSBC Bank plc and advised on the establishment of the Bulgarian security package within a $300m bridge secured facility for the merger of two listed gas and oil exploration and production (E& ...

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07.05.2013

Associate Plamen Yotov and the Sofia University team win the 2013 Central and Eastern European Moot Court Competition

Associate Plamen Yotov was a member of the Sofia University team that won the 2013 edition of the Central and Eastern European Moot Court Competition.The competition took place in Brno, Czech Republic and was hosted by the Law Faculty of Masaryk Univ ...

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16.04.2013

Bulgaria marks Constitution Day and the professional holiday of Bulgarian Jurists

Today, 16 Apr 2013, Bulgaria marks Constitution Day and 134 years since the adoption of the first Bulgarian Tarnovo Constitution, that established a constitutional State and laid down the foundations of the modern Bulgarian State and its separate pow ..

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08.04.2013

Confirmation by the Federal Supreme Court of Switzerland of a CAS Award

Kambourov & Partners’ arbitration team successfully represented the Bulgarian Football Union in arbitration proceedings before the Court of Arbitration for Sport, Lausanne, initiated by Plamen Markov (former head coach of the Bulgarian nati ...

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01.04.2013

Kambourov & Partners' Litigation Department achieves yet another success in court

Kambourov & Partners' Litigation team represents client Trakia Milk Products AD in a claim againts a government decree introducing Specific requirements for milk products. The department obtained a favorable decision by the Supreme Administra ...

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26.03.2013

European Commission launches Green Paper on the long-term financing of the European economy

On 25 March the European Commission adopted a Green Paper that launches a three-month public consultation on ways of fostering the supply of long-term financing and improving and diversifying the system of financial intermediation for long-term ...

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25.03.2013

Europe strucks an agreement with Cyprus

A EUR 10bn bailout deal for Cypruss was struck in the early hours of Monday morning, 25 March. Basically, what has been agreed in overnight negotiations over the weekend is that small depositors (up to 100 000) in Cypriot banks should be free of pena ...

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25.03.2013

International banks to finance the Bulgarian Energy Holding

Citibank and Deutsche Bank have declared their readiness to provide a EUR 250m loan to the Bulgarian Energy Hodling, while applicants for Deutsche Bank and Citi Group have a loan of up to EUR 250 M to the Bulgarian Energy Holding (BEH), according to ...

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22.03.2013

Senior Associate Hristina Kirilova to participate in the development of EU Cross-Border Insolvency Court to Court Cooperation Guidelines

Senior Associate Hristina Kirilova - member of the firm's Banking, Insolvency and Litigation practices, has kindly been invited to participate in a Review & Advisory group for the development of "EU Cross-Border Insolvency Court-to-Court ...

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28.02.2013

Legislative amendments

After promulgation within State Gazette issue of 28 Feb 2013, amendments have been introduced within the Insurance code. Among others, paragraph 1 is being amended as to disallow sex as an actuary factor in the determination of insurance premium. Fur ...

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28.02.2013

Legislative amendments

After promulgation within State Gazette issue of 28 Feb 2013, amendments have been introduced within the Commerce Act. Among others, new articles have been introduced regarding payments dicipline and bancruptsy proceedings. Further information at htt ...

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28.02.2013

Legislative amendments

After promulgation within State Gazette issue of 28 Feb 2013, amendments have been introduced within the Energy Act. Further information at http://dv.parliament.bg/DVWeb/showMaterialDV.jsp?idMat=73791 ...

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28.02.2013

Legislative amendments

After promulgation within State Gazette issue of 28 Feb 2013, amendments have been introduced within theElectronic Government Act. Further information at http://dv.parliament.bg/DVWeb/showMaterialDV.jsp?idMat=73631 ...

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03.02.2013

An ever present issue - lack of women at the top of the legal profession

Recently, the Law Society of England and Wales carried out a survey of leading lawyers that only came to show the continuing lack of women at the top of the legal profession. Regardless of the fact that a growing number of women enter the sector, ver ...

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02.02.2013

EU Commission proposes new insolvency rules

The EU Commission aims to modernize Europe’s rules on cross-border business insolvency, easing up complex situations for businesses stricken by the economic crisis. “A second chance” for otherwise viable businesses, the rules will k ...

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02.02.2013

First legal practices to be involved with drawing up their own human rights policies

According to IBA Global Insight, three magic circle law firms will have the opportunity to formulate their very own human rights policies. Clifford Chance, Linklaters and Freshfields Bruckhaus Deringer are presently elaborating the framework of thei ...

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22.01.2013

Europe registers a 15.8% rise of share of women on company boards

According to the mid-term figures on the share of women on boards in publicly listed companies, released by the EU Commission in late January 2013 at the World Economic Forum in Davos, there is a notable increase of 15.8% in the number of women on bo ...

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12.01.2013

InterContinental Finance Magazine declares Kambourov & Partners BEST Corporate Mergers & Acquisitions Law Firm of the Year – Bulgaria

Leading industry publication InterContinental Finance Magazine has awarded Kambourov & Partners the Best Bulgarian Corporate Mergers & Acquisitions Law Firm of 2013. A review of the firm and detailed information on its most significant trans ...

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06.01.2013

Oldest Swiss bank shuts – sea of change is yet to come?

Wegelin closure signals sea change for Swiss banks. The oldest bank in Switzerland and 13th oldest in the world - Wegelin & Co. is up for closure after pleading guilty before a New York court to helping US citizens avoid taxes. It is the first n ...

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