PETERKA & PARTNERS among Airlines for Europe members
In January 2024, our law firm became a member of the Airlines for Europe (A4E) association. The main goals of the A4E are to ensure the sustainable growth of aviation and contribute to the socioeconomic development of European nations, and to support, and build up, business relationships among enterprises operating in the aviation sector in […]
PETERKA&PARTNERS Bulgaria successful with objections in insolvency proceedings
Bulgarian office successfully represented the local subsidiary of a major European logistics group in insolvency related proceedings of a client’s debtor, in particular with objections against a refusal of the insolvency trustee to accept some of the client’s claims. The matter required complex argumentation associated, among others, with the justification of the secured/privileged status of […]
Fast-track liquidation procedure suggested by Ministry of Justice in Bulgaria
New fast-track liquidation procedure has been suggested by the Ministry of Justice in Bulgaria. Read about it HERE.
PETERKA & PARTNERS Bulgaria successfully represented EU air carrier in a tort claim filed before Bulgarian court
PETERKA & PARTNERS Bulgaria successfully represented one of the largest European air carriers before a Bulgarian court with respect to a tort claim submitted by a deported passenger against the client. The case involved unconventional legal issues in the areas of citizenship and the status of stateless persons, transportation of deported passengers, air security, border […]
PETERKA & PARTNERS Bulgaria advised a leading global generic pharmaceuticals group on a special distribution agreement
PETERKA & PARTNERS Bulgaria advised a leading global generic pharmaceuticals group on a special distribution agreement related to delivery of flu vaccines to health care professionals within the 2023 – 2024 flu vaccination campaign. The agreement covered various unconventional elements and arrangements related among others to the requirements under the framework of the national vaccination […]
Changes in Bulgarian whistleblowing legislation
While the time limit for the majority of businesses for introduction of internal reporting channel and related compliance measures approaches (December 2023), the Bulgarian whistleblowing legislation have undergone amendments in the beginning of October 2023. Please refer to our article on the matter for further details.
Renewable energy in Bulgaria – new rules in force since October 2023
Important amendments of the rules on renewable energy have been passed by Bulgarian Parliament recently. Among other things those include: • Expansion of the framework for encouragement of RE projects; • Various changes to the rules on connection of RE installations to the grids; • Rules aimed at increased transparency and improvement of procedures and […]
Changes in rules on insolvency and stabilization in Bulgaria
Insolvency and stabilization proceedings in Bulgaria have recently undergone legislative amendments introduced with the objective of increasing their effectiveness. Our Bulgarian team summarised the changes in this article.
A new type of company introduced in Bulgaria
A new type of company has been introduced in Bulgarian company law for the first time in decades. The new company form is the variable capital company and our Bulgarian team has prepared a concise leaflet presenting the main features of the variable capital company in comparison with the two most popular traditional company types. […]
Amendments to anti-money laundering legislation in Bulgaria
A new law amending the Bulgarian Anti-Money Laundering (AML) Act was published on 14th of July 2023. It introduces a number of measures, some of them upon the recommendations of certain European institutions. We have selected and presented below those we find most important. I. Notifications to the Registry Agency in regards to incorrect UBO […]