We have supported our long term client in the course of change in its corporate structure. We were assigned to convert the client's company from a limited liability company into a joint stock company. Specific in this case was the fact that the client’s company is built on the principle of public- private partnership, with participation of Bulgarian municipality. This required consideration of existing special legal regulation of the activity of the municipality and the compliance of the procedures in the decisions of the local authorities - municipal council and mayor. The team of the Law Firm was involved in the preparation of legal opinions and reports, as well as attendance at meetings of various municipal committees and municipal council.
Focus of the lawyers was the choice of the most appropriate form of capital restructuring of the company to comply with legal requirements and existing percent that shareholders participate in it. At the same time, the aim of the transformation was to contribute to the achievement of the investment objectives of the shareholders and to increase the confidence of financial institutions in the realization of the main project of the company.
Practice: Re-organization and Acquisition
