Headline work for the ‘excellent team’ at Kambourov & Partners included advising HSBC on a variety of matters including a high-profile financing project. It also advised Bulgarian Energy Holding on the restructuring of the Bulgarian energy sector, and is acting for First Investment Bank on insolvency-related matters. Other key clients are UniCredit Bulbank, Piraeus Bank and Crédit Agricole. Team head Yavor Kambourov is ‘outstanding’, and Vladimir Rangeloff and senior associate Yonko Hristov are also well regarded.
Capital Markets
Led by the ‘knowledgeable’ Vladimir Rangeloff, Kambourov & Partners has a ‘strong’ capital markets practice. It was instructed by The Privatization and Post-Privatization Control Agency regarding the sale of state-owned shares in the Bulgarian Stock Exchange and Central Depository. Other clients include Energoni and Balkan Advisory Company. Yonko Hristov and Nikolay Vasilchev are singled out.
Corporate and M&A
Kambourov & Partners has ‘excellent industry knowledge’, and is ‘always up to date on the latest market trends’. It advised Energo-Pro Bulgaria on the acquisition of a number of hydropower plants from a competitor holding company in Bulgaria, and acted for Turk Telekom on its acquisition of Bulgarian mobile operator Globul and electronic appliance retail chain Germanos. Other clients include ADM Capital, Luigi Lavazza and Bulgarian Energy Holding. Team head Vladimir Rangeloff is noted for his ‘tactical mind and skilful manoeuvring in negotiations’.
Energy & Natural Resources
The ‘first-class’ department at Kambourov & Partners takes a ‘clear and focused’ approach. Recent highlights include advising Energo-Pro Bulgaria on the acquisition of several hydropower plants, and acting for the lenders on the Nabucco Pipeline Project. The department also continues to advise Bulgarian Energy Holding on the restructuring of the Bulgarian energy sector. The ‘knowledgeable’ Stefan Tzakov heads the team.
EU & Competition
The ‘first-class’ department at Kambourov & Partners is ‘excellent on complex competition matters’ and is praised for its ‘timely reactions and very refined specialised industry knowledge’. It acted for bTV Media Group in high-profile abuse of dominance litigation. It also advised Alen Mak Bulgaria in unfair competition proceedings before the CPC. Team head Stefan Tzakov is ‘superb’, and ‘always goes the extra mile’.
Projects and PPP
The ‘hardworking’ and ‘focused’ team at Kambourov & Partners advised the IFC on the implementation of public sector participation in the Bulgarian water sector; advised Bulgarian Energy Holding on the restructuring of the Bulgarian energy sector; and acted for IC Ictas Insaat on the development and construction of new international passenger terminals. The team also advised BP on the construction of the Shah Deniz pipeline. The ‘solution-oriented’ Atanas Shopov and ‘efficient’ Stefan Tzakov are recommended.
Real Estate and Construction
The ‘excellent’ department at Kambourov & Partners is ‘plugged into the industry’. It was recently instructed by Kaufland regarding numerous property acquisitions for the construction and development of retail stores, and also advised the IFC on real estate, design and construction matters relating to the implementation of public sector participation in the Bulgarian water sector. Other clients include Sterling Properties and Energo-Pro Bulgaria. Atanas Shopov is singled out for praise
Dispute Resolution
Kambourov & Partners ‘offers a rare combination of deep theoretical knowledge and very practical advice’. It acted for the Bulgarian Football Union in several contentious matters before the Sports Arbitration Court; represented Discovery Communication Europe in a dispute with the Bulgarian cable operator Blizoo Media and Broadband; and acted for Alstom Power in a competition case. Emil Emanuilov is ‘a master strategist and hard-fighting litigator with impressive business awareness’, and Yavor Kambourov ‘never ceases to impress with his remarkable business sense, solid network of connections and responsiveness to client needs’.
TMT
Kambourov & Partners’ ‘practical’ TMT department houses ‘a real wealth of knowledge’. It advised Turk Telekom on its acquisition of Bulgarian mobile operator Globul and retail chain Germanos; acted for Telus International on the acquisition of a stake in CallPoint New Europe; and advised Kodak on the sale of its Cinelabs business in Central and Eastern Europe. Mitko Karushkov is ‘first rate’, and senior associate Margarita Guigova is also recommended.