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
