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
Pencho leads our Energy Practice, his current practice also being focused on dispute resolution and banking law. He represents market players from various industries in complex disputes and commercial lawsuits.
Pencho 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.
He has been appointed by the Vienna International Arbitration Centre as an ambassador of its community network (VIAC CAN) for Bulgaria. Pencho is recognized by Chambers Euope 2023 for his work in he area of energy law.
University of Sofia, Faculty of Law (LL.M.)
“Pencho Stanchev is young but extremely experienced and knowledgeable lawyer. Always prompt and extremely competent. His assistance is highly valued by us.” – Legal 500