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Klara Kiehl, Clemens Rainer, Sascha Schulz, and Marco Thorbauer have been appointed as Schoenherr Partners in Austria, while Serbia's Jelena Arsic, Jovan Barovic, and Dusan Obradovic, Bulgaria's Tsvetan Krumov, and Hungary's Laszlo Krupl have all been appointed as Local Partners with the firm.

Tokushev & Partners has advised RTP Global on leading a EUR 2.3 million Plan Delta investment round that also included Eleven and 17 angel investors from Bulgaria, the UK, Germany, and the US. Dimitrova Staykova & Partners reportedly advised Plan Delta.

The growth of e-commerce and online advertising in Bulgaria in the last two decades has been impressive. The COVID-19 pandemic gave an additional boost to the digital economy. Amid such rapid development and almost 16 years after its entry into force, the Bulgarian Electronic Commerce Act (the ECA) feels quite outdated.


On July 4, 2022, CEE Legal Matters reported that Djingov Gouginski Kyutchukov & Velichkov had advised Maple Bear on its EUR 100 million investment program for the CEE region through a partnership with Vantage Capital. CEE In-House Matters spoke with Yann Bidan, General Manager at Maple Bear, to learn more about the matter.

On November 4, CEE Legal Matters reported that Gugushev & Partners had advised Blackpeak Capital on its acquisition of a stake in Telelink Bulgaria. CEE In-House Matters spoke with Kiril Ivanov, Investment Director at Blackpeak Capital, to learn more about the acquisition.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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