20 years together

Pencho Stanchev

Senior Associate

Mr. Pencho Stanchev graduated cum laude from Sofia University “St. Kliment Ohridski”, Faculty of Law in 2012.
He gained valuable experience as a legal advisor at the legal department of Corporate Commercial Bank AD before joining Dimitrov, Petrov & Co. Law Firm in 2015.
Currently his practice is focused mainly on litigation and arbitration, commercial law, contract law, tort law, insolvency, real estate law, construction law and banking law.
Representative experience:
 Part of the team that advises Astaldi S.p.A in an ICC Arbitration with respect to a dispute on the final account after the completion of the Parvomai – Svilengrad railway project;
 Represents the private fund of Norwegian investors EPO Invest AS in a EUR 10 million insolvency procedure against the developer of one of the biggest residential complexes at the seaside resort of Aheloy;
 Represents Higia AD in a EUR 160,000 lawsuit against Multi-Profile Hospital Sv. Marina EAD, Varna with regard to claim for damages from abusive demanding of a performance guarantee under a procurement contract;
 Represents Higia AD in a number of debt collection cases;
 Represented Gorichane Energy EOOD in a commercial arbitration case against the National Electricity Company before the Court of Arbitration at the Bulgarian Chamber of Commerce and Industry under a claim for contractual damages;
 Represents a major utilities sector service provider in the appealing before the first and second instances of a significant number of penalty acts issued by the State Financial Inspection Agency;
 Consults one of the leaders in the printing industry in Bulgaria – Multiprint OOD in connection with debt collection through insolvency proceedings against one of the biggest Bulgarian retail chains;
 Represents a company specialising in PR services before the Sofia City Administrative Court in a procedure against the National Revenue Agency regarding a refusal of tax deduction to the amount of EUR 50 000 under the Value Added Tax Act;
 Represents a Bulgarian construction company as a respondent in a lawsuit against a major insurance company;
 Advised the Bulgarian electricity producer from RES Kunino Energy AD with regard to settling its relations with an insurance company and a major public utilities service provider. 
Mr. Stanchev is a member of the Pazаrdjik Bar Association. 
He is fluent in English. 


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