Pencho Stanchev

Partner
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If lawyers were to be replaced by machines, Pencho would be the prototype. He stands out with an exceptional legal talent, reinforced with versatile knowledge, efficiency, and responsiveness.

''He is very knowledgeable, confident and friendly. He always gives competent answers to our questions in no time.'' – Legal 500

Contributing to the law firm some valuable prior experience in the banking sector, Pencho has quickly become one of the most praised members of our team. His current practice is mainly focused on dispute resolution, banking and energy law. Pencho also represents market players from various industries in complex disputes and commercial lawsuits.

He has been a key member of the team representing a leading electricity distribution service operator before the Court of Justice of the European Union for preliminary ruling on matters related to interpretation of EU Directive 2009/72. This case had significant importance on the electricity market in Bulgaria and could also influence the market in other EU member states.

Pencho has been providing full legal support to Tradenet Varna for developing from scratch a country-wide petrol station retail chain, advising the entire process of establishing a new business in a highly regulated industry, the acquisition of dozens of properties as well as the current commercial activity of the chain.

Work highlights

  • Represented a major European aircraft carrier operator with regard to recognition and enforcement of an ICC arbitral award
  • Advises Alpiq Energy SE on various regulatory matters, including representing the client in the court appeal of an electricity export ban and the insolvency of Bulgarian electricity trader
  • Advises and represents Endress + Hauser Instruments International AG with regard to several disputes with its former Bulgarian commercial agent
  • Represented Astaldi in ICC arbitration regarding FIDIC Yellow Book Contract

Affiliations

  • Pazrdzhik Bar Association
  • International Association of Young Lawyers (AIJA)

Education

University of Sofia, Faculty of Law (LL.M.)

Languages

  • Bulgarian
  • English
  • German

Awards & accolades

No items found.

“Pencho Stanchev is young but extremely experienced and knowledgeable lawyer. Always prompt and extremely competent. His assistance is highly valued by us.” – Legal 500

Publications

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