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In this article we briefly present several types of clauses that can be included in a civil contract and that can provide greater protection of the parties’ interests and more clarity in their contractual relationship.

How can franchising help you start your own business?

Buying a property for residential or business purposes can be an exciting venture, but the process is lengthy and fraught with pitfalls. Many parties wait too long before seeking professional assistance. The DPC team outlines the most common issues encountered in practice when concluding a real estate transaction and how they can be avoided with the assistance of a professional in the field.

Its primary aim is to improve ESG standards in the European Union, while reducing the administrative burden on business that the current ESG-regulatory framework creates.

Regulation 2024/1689, a.k.a the AI Act, is step by step going to introduce various requirements to the different stakeholders. Our colleagues Assoc. Prof. Martin Zahariev, PhD, and Andreas Petkov have prepared a timeline roadmap to guide you through the crevices and intricasies of the AI Act compliance.

Insurance is financial activity that deals with specific terms. We have listed some of the most important ones (as regards Bulgarian Insurance Law) below.

Everyone concludes at least one insurance contract in their lifetime – to protect their home, car, or life, or to ensure coverage of health expenses when traveling abroad. Most people are familiar with the main characteristics of the insurance contract – it is concluded in writing, most often in the form of an insurance policy, the general terms and conditions of the insurer apply to it, the policyholder has obligations to declare certain circumstances (the so called circumstances affecting the risk) and to pay a premium. In their turn, the insurer has one main obligation – to pay indemnity upon occurrence.

The question of the differences between an employment contract and a civil contract often arises in practice. Below we provide a brief overview of the main differences between the two contracts.

Pursuant to the new amendments to the Accounting Act, large companies will also have to disclose non-financial information in their annual reports. This includes reporting on their ESG aspects along with the traditional financial reporting