Bearer Shares to be converted into Registered Shares

Bearer Shares to be converted into Registered Shares

All Bearer Shares held in Bulgarian resident Joint Stock Companies have to be converted into Registered Shares. The conversion has to be completed by the 23rd of July 2019 Non-compliant Joint-Stock Companies will be subject to termination and deregistration. The above results from changes to

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Case law on Insolvency

Case law on Insolvency

The Supreme Court of Cassation awards an Interpretative Decision dealing with the admissible evidences in the course of examination of the objections against the lists of accepted and non-accepted receivables as per Insolvency proceedings The Supreme Court of Cassation of the Republic of Bulgaria has

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Cyber security

Cyber security

The Cyber Security Act of the Republic of Bulgaria has been in force and effect as from 13th of November 2018. The Act introduces specific obligations and measures with a view to achieving of high level of network and data security. Further advice: CONTACT US

Case law – the Supreme Court of Cassation awards a Decision dealing with Surviving Clauses matters

Case law – the Supreme Court of Cassation awards a Decision dealing with Surviving Clauses matters

The Supreme Court of Cassation of the Republic of Bulgaria has recently awarded a Decision reasoning the validity of Surviving Clauses in cancelled contracts to certain extent. According to the Decision, a Seller shall be entitled to retain installments paid thereto by the Buyer prior

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A Food Industry Client of ours wins “Best Bulgarian Cheese Producer Award” for 2018

A Food Industry Client of ours wins “Best Bulgarian Cheese Producer Award” for 2018

Sitovo Diary, operated by Inter ES 2000 wins Best Bulgarian Cheese Producer Award for 2018 for its Top Quality Bulgarian Cheese products. The Award comes just a year after we secured our Client’s uninterrupted production and business activity which had been jeopardized by severe administrative

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