Areas of expertise
In alphabetical order

Company Law

Setting up of limited liability companies, public companies,
joint-ventures and representative offices.
Mergers, acquisitions and liquidations.
Foreign investment regulations and procedures.

Since the date of its establishment in 1992, Penev & Partners has been advising publically traded companies in setting up subsidiaries in Bulgaria. Large corporations, such as AT&T, NCR, Lucent Technologies, Omnicom Group Inc., and TBWA have incorporated their local subsidiaries relying entirely on our timely and efficient expertise in the area of company law. We have advised TBWA in acquiring the Austrian Hager Company with satellite offices in Eastern Europe. Penev & Partners advised AT&T on the Bulgarian segment of a large worldwide project that involved the acquisition of a segment of IBM. The firm also has substantial legal experience in the structuring of companies involved in the distribution of top brands such as Chanel, Christian Dior, Givenchy, Estee Lauder, Clinique and Lacoste. A significant part of our experience in this area also relates to providing advice to large multinational companies related to the winding up and liquidation procedures of their local offices including without limitation to the offices of Lenovo, Standard Commercial Tobacco and Statkraft Markets GmbH. In the field of creditor’s rights, we have completed a project where we represented the large Spanish brand Antonio Puig in its claim against an insolvent local company. Penev & Partners also advise Lewis Charles Sofia Property Fund Limited and Heitman in relation to their real estate investment projects implemented in Bulgaria.