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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.

Stoeva Tchompalov & Znepolski, working with Morrison & Foerster, has advised Eurohold Bulgaria on accessing a EUR 40 million loan facility. Boyanov & Co, working with Linklaters, has advised arranger, agent, and original lender JP Morgan. Loyens & Loeff reportedly advised Eurohold on Dutch law-related matters.

On November 4, 2022, CEE Legal Matters reported that Gugushev & Partners had advised BlackPeak Capital on its acquisition of a stake in Telelink Bulgaria. CEELM reached out to Gugushev & Partners Senior Partner Victor Gugushev to learn more about the acquisition.

Djingov Gouginski Kyutchukov & Velichkov, working with Buchanan Ingersoll & Rooney, has advised Bulgaria's M2M Services on its acquisition of the Uplink-branded residential and commercial security and fire alarm business line from Sierra Wireless. Canada's Blake Cassels & Graydon reportedly advised the seller.

Despite the political stalemate preventing any legislative movements and access to recovery and resilience funds, Bulgaria's markets are humming, according to Kambourov & Partners Partner Angel Rizov. Which is just as well, as the political crisis shows no signs of abating. 

Djingov Gouginski Kyutchukov & Velichkov has advised the administrators and senior secured lenders of Bulsatcom UH Holdco Limited on the sale of Bulsatcom to Viva Corporate Bulgaria. Kambourov & Partners and, reportedly, Squire Patton Boggs advised Viva Corporate Bulgaria.

After Decree No 318 of 7 October 2022 adopting the Ordinance on the conditions and procedure for issuing, extending and revoking a certificate for a high-tech and/or innovative project (the "Ordinance") was promulgated in issue 82 of the State Gazette of 14 October 2022, Bulgaria joins the almost half of EU countries that issue "start-up visas".

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.

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