20 years together
18Aug

The extended deadline for publishing the 2019 Annual Financial Statement is approaching

Due to the state of emergency related to the COVID-19 pandemic in Bulgaria, the term for publication of the 2019 annual financial statements (AFS) of the companies in the Commercial Register has been prolonged until 30th of September 2020. view more

11Aug

Amendments to the Energy Act will affect all non-household consumers of electricity

The Parliament has adopted amendments to the Energy Act which will affect most of the companies in Bulgaria. view more

20Jul

DPC advises team.blue on the acquisition of the Bulgarian company SuperHosting

DPC advised team.blue – the leading digital enabler for entrepreneurs on its acquisition of the Bulgarian webhosting company SuperHosting. view more

17Jul

CJEU Invalidates EU-US Privacy Shield, ambiguity as to the applicability of the Standard Contractual Clauses?

On 16 July 2020 the Court of Justice of the European Union (CJEU) issued a preliminary ruling with significant importance regarding the instruments for transfer of personal data outside EU to so called “third countries”, in particular to the US. Why it has come this far? The request for a preliminary ruling was made in connection with the actions of Austrian privacy activist Mr.... view more

10Jul

DPC advised the spin-off of the infrastructure from the retail business of Telenor

A team of Dimitrov, Petrov & Co. (DPC)’s telecom, corporate, and banking & finance law experts, led by Hristo Nihrizov, provided legal assistance for the structuring and successful implementation of probably the biggest spin-off in Bulgaria in the last few years and advised on all legal and regulatory aspects of the transaction. The project is part of an even larger corporate... view more

03Jul

DPC is Reaching for the Top in Banking & Finance

IFLR1000, the guide to the world’s leading financial and corporate law firms and lawyers, released its rankings for Banking & Finance at the end of June and we are happy to share that DPC’s practice in this area has moved up. The team led by Hristo Nihrizov is ranked in the prestigious Tier 2 and among the top ten law firms for Banking & Finance in Bulgaria. This is a valued... view more

01Jul

The New Food Act – Register This

The new Food Act, effective as of June 9, 2020, seeks to reinforce consumer protection as regards food products, as well as to ensure systematization of the national legal framework and its harmonization with the European Union legislation in this area. And while the new Act addressеs matters which lacked and required regulation, the novelties introduced by the Act raise certain issues which... view more

09Jun

Another DPC trainee wins a prestigious international competition

After our trainee Iva Belcheva’s team was among the winners of Jessup - the world’s largest moot court competition earlier this year, now we have yet another occasion to celebrate. Petya Adzhopova, another of DPC’s promising trainees, and her team from the Faculty of Law of Sofia University won the European Human Rights Moot Court Competition (EHRMCC). One of the team’s trainers, Nedko... view more

26May

DPC Competition Experts Contribute to IBA Antitrust Committee Survey

Zoya Todorova, Partner, and Rositsa Vasileva, Associate at Dimitrov, Petrov & Co. (DPC), have contributed to an extensive survey conducted by the International Bar Association Antitrust Committee. The survey, covering 44 jurisdictions worldwide, aimed to examine the ways in which the overnight change of the global reality affected the antitrust world, by gathering in a single document a... view more

22May

THE CONCEPT OF HARDSHIP – SPECIFICS REGARDING ITS APPLICATION

The legal concept of hardship is particularly applicable in the context of the present COVID-19 pandemic situation and the control measures imposed. The current circumstances meet the requirements for an unforeseeable event within the meaning of the law, and many sectors are expected to be so heavily affected by the pandemic that it would actually violate the adequacy of considerations under... view more

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