Practice

Increase of company capital

The Law Firm has advised a client in connection with the restructuring of its financial liabilities and capital of the company, in order to provide additional financing to developed project at the territory of country for the construction of small hydropower plants. The main objective of the restructuring was to increase the confidence of the company in front of financial institutions. Specifics of the case was the rights of shareholders in the company to be ensured by providing them with the opportunity to enter shares in proportion to the increase of their shareholding.

The team, involved in the increase of capital actively participated in the negotiations between the shareholders in order to find the optimal option for participants to finance the company. The capital was increased by cash contributions and in this respect, our team communicated with banks and coordination between them in order to perform international bank transfers. Our task was to prepare the necessary corporate documents in connection with the capital increase and the entry of the change in the respective registers.

Practice: Corporate Law

Connection with other practices: Tax Law

Full legal consultations

The Law Firm has provided full legal consultations to our long term client in its relations with foreign contractors and in negotiations of the financing of its activities in Bulgaria. We were assigned to execute the restructuring of the financial obligations of the company and increase its capital. We have reviewed the financial position of the company and we gave an opinion which obligations to be capitalized. Lawyers working on the case have made full procedure for the assessment of such contributions, contact with appointed by the Commercial Registry experts and preparation of all corporate documents required for registration of in-kind and capital increase of the company in the Commercial Register

In view of the complex service, we have provided legal opinion on the conclusion of a franchise agreement with the famous English fashion clothing label. With our help the client received exclusive rights for the sale of the goods of the brand in Bulgaria.

Practice: Corporate Law

Settlement of relations between partners in limited liability company (LTD)

Our client, a company specialized in producing all kinds of glass, processing and sale of glass, has assigned to the Law Firm a legal analysis and statement of the existing relations between the company partners in accordance with corporate documents. With a view to the provided statement, we have proposed and options for restructuring of shares of the shareholders in the company.

The consultations included the implementation of the procedure for the release of some of the partners in the company, including the preparation of relevant documents. Part of the assigned tasks included updating of the corporate records of the company with a view to simplifying and facilitating the procedures for operation of the general assembly of shareholders (the convening of meetings, service calls, registering mailing address, reshaping of the majority of the taken decision, etc.)

Practice: Corporate Law

Transformation by splitting, transformation by changing the legal form

We provided comprehensive legal services to our long term client in connection with the development of a project for construction of three HPP among Ogosta river. Our consultations covered the structuring of the project, including finding the optimal legal form and structure of business financing. We advised the client in establishment of subsidiaries for construction and management of individual hydropower plants, as well as a conversion by splitting one of the companies involved in the project and the distribution of its assets among recipient companies to effectively manage and maintain the existing permits abstraction.

In this regard, we were assigned to find and implement the optimal legal instruments to realize the intentions of the client, preparation of all required documents and registration of changes in the respective registers.

We have supported the client in the process of transformation of the legal form of a limited liability company into a joint stock company, we have been involved in the negotiations, we have provided legal advice on the restructuring of the company's assets and determining the capital structure and drafted all documents related with the reorganization and recording the change in the respective registers.

Practice: Corporate Law

Increase of company capital

The Law Firm Firm provides comprehensive legal services to our client, a subsidiary of an Italian company created in order to develop the investment project of the Italian investor in renewable energy for construction of hydropower plants among the Maritza River with a total installed capacity of the project over 23 MW. Legal services provided include assistance in increasing the company's capital, preparation of necessary documents and registration of changes in the relevant registers

Practice: Corporate Law

Connection with other practices: Banking and finance

Financial obligation’s restructuring and reduction of share capital

The Law Firm is involved on behalf of a client in negotiations with the bank to negotiate the terms of a reduction of capital and maintaining the existing first ranking pledges over the shares of the company and guarantees, taking into account existing public-private partnership with municipality and with a view to the development of client’s projects. The reduction was carried out in order to meet legal requirements in relation to the net asset value of the company and maintain the confidence of financial institutions in the company. We prepared the necessary documents in connection with the capital reduction, preservation of pledge on shares and registration of the change in the respective registers.

Advising clients in relation to the conversion of a loan of EUR 1.5 million granted by one of the shareholders in reserve

Practice: Corporate Law

Connection with other practices: Banking and finance

Full legal service of the activity of the client

The Law firm provides comprehensive legal services to our client, a subsidiary of one of Europe's leading construction companies, specialized in application of specific technologies in the construction, reconstruction, strengthening and renovation of various buildings and structures (such as injections for classic high and low pressure consolidation and waterproofing and JET - pointing to consolidate the high-pressure rocks and loose soil) , including preparation of corporate documents, construction contracts, lease contracts.

Practice: Corporate Law

Connection with other practices: Real estate, urban planning and construction works

Full corporate service of the activity of the client

The team of the Law Firm has provided a full legal service to a group of companies, operating its activity in Bulgaria and abroad in one of the most attractive sectors – development of renewable energy sources. In Bulgaria, through its subsidiaries, the investor has developed two huge projects at total amount of EUR 100 millions, related with project, construction and management of 14 small HEPPs among river Iskar and Maritza for production of pure energy. We have provided legal services to the companies from the group in relation with all their activities in Bulgaria, including: legal assistance and support in relation with preparation, organization and taking place of general assemblies of the shareholders, preparation of corporate documents, entering approved decisions in the respective registers, drafting documents regarding the organization and the internal order of the activity of the companies - internal rules for operation of management entities, rules for the internal order, management contracts, book of the shareholders and rules for guiding of the book, as well as drafting of different types of commercial contracts, related with the activity of the companies and execution of their projects in Bulgaria. The legal services, provided by the Law Firm, included all aspects of the execution of the projects, including choice of the most appropriate legal form for operation of the activity by the companies and financing of the projects.

Practice: Corporate Law

Connection with other practices: Banking and finance, Energy and renewable energy sources, Real estate, urban planning and construction works, Environment and natural resources

Structuring of a project for construction and operation of holiday village

The team of the Law Firm has advised our client in relation with the realization of investment project for construction and operation of holiday village at amount of EUR 20 millions. Our partnership with the client is based on a long term relations, which has been started in structuring the project. The lawyers, involved in the project, have provided a legal analysis of the investment intentions of the client. The purpose of the investigation was an optimal corporate structure for realization of the provided financing. The client was advised also upon defining of the type and number of the companies, between which the activities for realization of the investment to be distributed. A part of provided services by the Law Firm included consultations upon structuring of the provided financing. The main part of the activity of our team was the participation in negotiations between the parties in the project, as well as the drafting of the necessary contracts.

Practice: Corporate Law

Connection with other practices: Banking and finance, Tax Law