Practice

We provided consultations on the financing and acquisition of a business and trade center at amount of EUR 16 000 000

We  provided consultations on a transaction for acquisition and operation of an already built business and trade center and its financing at total amount of EUR 16 000 000. We participated in the negotiations with the financing Bank and we provided consultations regarding the establishment of the respective guaranties and the whole structuring of the transaction. We supported the process of re-negotiation of some of the clauses of the loan contract with the Bank.

Practice: Banking and Finance

Connection with other practices: Real Estate. Urban Planning and Construction Works, Urban Planning and Development Procedures, Tax Law, Corporate and Commercial Law. Liquidation and Insolvency. Business Transactions

We registered a trade representative office of foreign bank institution in Bulgaria

We were assigned with the registration of a trade representative office of a foreign bank institution with long term practice in Bulgaria. The plans of the bank included the establishment of a trade representative office aimed at launching  a a network in Bulgaria for finding potential partners and clients. The Law Firm was involved in the implementation of the whole registration procedure of the bank’s trade representative office in Sofia. Our services included also the drafting of internal rules and documents for the representative office and its personnel.

Practice: Banking and Finance

We have provided consultations on conclusion of a contract for special bank account

We provided legal consultations and representation in relation with the transfer of the ownership of securities (shares representing 17,6 % from the capital of a Bulgarian joint-stock company – a leading producer of fertilizers and chemical products). The transaction was executed in accordance with the rules of the Bulgarian legislation at OTC market, and the sale price was transferred via a special bank account, established by a Bulgarian bank. Our team prepared a full legal analysis of the characteristics of the transaction, as well as of the specific law obligations and applicable legal framework. We actively participated in the negotiations between the parties and in the structuring of the transaction’s conditions. We were assigned with preparing all necessary documents for the transaction and ensuring the other party agreed with them. This included the agreement on the contract for the establishment of special bank account.

Practice: Banking and Finance

We participated in a procedure for transformation of provided financing on behalf of shareholders in reserve or company capital

We provided consultations regarding the transformation of shareholders financing in reserve in a Bulgarian joint-stock company and produced an analysis of the eventual effects of such an operation on the company. We investigated all financial consequences related to the transformation of the financing. After this investigation, the financing was transformed into company capital.

Practice: Banking and Finance

We consulted the conclusion of a bridge loan contract at amount of EUR 4 500 000

We consulted the conclusion of a bridge loan contract at amount of EUR 4 500 000 provided by a Bulgarian bank at the provision of the respective collaterals and guarantees. The bridge credit was provided for a temporary need of turnover capitals for the development of investment activity in Bulgaria.

Practice: Banking and Finance

We consulted and represented an investment company in a procedure, related to the conclusion of necessary agreements for hedging an interest percent upon provided financing

We have consulted and represented an investment company in the conclusion of the necessary agreements for hedging of interest percent upon provided financing. The hedging was required by the financing institution for covering the interest risk upon the credit. The receivables of the bank under the transaction were secured by signing a conditional loan contract at amount of EUR 2,5 millions. We actively participated in the procedure for the loan conclusion contract under the conditions and the required letters of credit by the bank.

Practice: Banking and Finance

We consulted the conclusion of a factoring contract for receivables

We consulted our client regarding the conclusion of a factoring contract We represented the client in the negotiations with the factoring company, contractors and suppliers for reaching an agreement regarding the order and the conditions of the contracts and we drafted the necessary documents during the procedure.

Practice: Banking and Finance

We analyzed loan restructuring options and participated in the negotiations for an investment bank loan restructuring needed as a result of an amendment in the share structure of the company which had received the credit

We analyzed the different loan restructuring options and participated in the negotiations for an investment bank loan restructuring needed as a result of an amendment in the share structure of the company which had received the credit and the provision of financing for its activity in Bulgaria. Our assignment included a review, comments and proposals for the amendment of the loan contract, as well as consultations regarding the establishment of the necessary collaterals. We also participated in the renegotiation with the bank of some of the conditions under the loan contract.

Practice: Banking and Finance

We participated in procedure for the provision of an overdraft credit at amount of EUR 8 300 000

We consulted our client in relation to the provision of an overdraft credit of EUR 8 300 000 by a Bulgarian financial institution. The  credit was needed for the financing of activity of a foreign legal entity in Bulgaria. We actively participated in the negotiation with the financing bank and we provided legal consultations on the conditions of the overdraft credit contract and regarding the required guarantees by the bank.

Practice: Banking and Finance

We consulted the investors of a orchard creation project in Bulgaria regarding their financing provision

We supported the information memorandum approval process for the financing  for investors in an orchard creation and operation project in Bulgaria. The financing was to be provided by the acquisition of an investment company share. We consulted our client regarding the corporate conditions of the Bulgarian company-executor, the ownership of the agriculture plots in Bulgaria and the validity of the management agreements for agriculture and their relation to the project financing.

Practice: Banking and Finance

Connection with other practices: Real Estate. Urban Planning and Construction Works

We provided consultations on the financial aspects of contracts between a leading company in the apparel and haute couture industry and its foreign partners

We provided consultations on the financial aspects of contracts between a leading company in the apparel and haute couture industry and its foreign partners. We consulted our client in the restructuring of their financial obligations and in an increase of their capital. We participated in the negotiations for the conclusion of a franchise contract with foreign contractors, which resulted in the acquisition of exclusive rights for sale at the territory of Bulgaria.

Practice: Banking and Finance

Connection with other practices: Corporate and Commercial Law. Liquidation and Insolvency. Business Transactions

We provided consultations on the financial aspects and the structuring of an acquisition of an energy site construction investment project

We provided consultations on the financial aspects and the structuring of an acquisition of an energy site construction investment project. In 2009 a loan agreement was concluded in order to finance the purchase of the project. Later, in 2010, the amount of the financing was increased to EUR 4 150 000. Financial institutions did not provide any financing, as the whole amount was provided by the investor.

Practice: Banking and Finance

Connections: Energy and Environment, Corporate and Commercial Law. Liquidation and Insolvency. Business Transactions

The Law Firm analyzed the options for structuring of the financing on behalf of a parent foreign company in favor of Bulgarian investment company

We participated in the financial structuring on behalf of a foreign parent company in favor of Bulgarian investment company, representing public-private partnership. We also provided consultations regarding the possibility for future capitalization of the provided financing in the capital of the investment company.

Practice: Banking and Finance

Connection with other practices: Corporate and Commercial Law. Liquidation and Insolvency. Business Transactions

We advised the financing of an investment project for the construction of a trade center

We advised our client in relation to the provision of financing for the construction of a trade center in Haskovo City. We provided a full legal analysis of the loan contract conditions proposed by a foreign financing bank and consulted our client on the requested collaterals. The investment was amounted to EUR 10 millions.

Practice: Banking and Finance

The Law Firm has analyzed the options for structuring of the financing on behalf of a parent foreign company in favor of Bulgarian investment company

We have participated in structuring of the financing on behalf of a foreign parent company in favor of Bulgarian investment company, representing public-private partnership. We have also provided consultations regarding the possibilities for future capitalization of the provided financing in the capital of the investment company.

Practice: Banking and Finance

Our team has advised the reconstruction and increase with EUR 360 000 of provided financing by Bulgarian bank

We advised the reconstruction and increase by EUR 360 000 ( from EUR 740 000 up to EUR 1 100 000) of an investment financing provided by one of the largest Bulgarian banks. Taking into consideration the amendment of the provided financing, we also prepared collaterals, which the investing company provided in favor of the financial institution (pledge of commercial enterprise, mortgages, etc).

Practice: Banking and Finance

The Law Firm has advised the conclusion, execution and amendment of a Loan Contract with the European Bank for Reconstruction and Development

The Law Firm is advising a client for conclusion, execution and amendment of conditions under a loan contract concluded with the European Bank for Reconstruction and Development (EBRD). We participated in a successful procedure for re-negotiation of the conditions and amount of the provided financing (amounting to EUR 75 000 000). We actively participated in the procedure for the provision of the respective collaterals in favor of EBRD, as in 2013 a serial procedure for provision of collaterals was executed. When needed,  we represent the client in front of the EBRD.

Practice: Banking and Finance

Connection with other practices: Energy and Environment, Corporate and Commercial Law. Liquidation and Insolvency. Business Transactions