27
Tue, Feb
44 New Articles

CMS Successful for Alpha Solar Group and Alpha Solar Invest in Feed-in Tariff Dispute

CMS Successful for Alpha Solar Group and Alpha Solar Invest in Feed-in Tariff Dispute

Bulgaria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

CMS has successfully represented Slovakian renewable energy investors Alpha Solar Group and Alpha Solar Invest in a case against the Bulgarian state regarding the recovery of cut feed-in tariffs for operational photovoltaic plants in Bulgaria.

According to CMS, “the first instance litigation cases were won before the Sofia City Court in April 2023 and, in a rare move following the streamlined court practice, the Bulgarian Ministry of Finance decided to avoid any additional prolongation and damages for the Bulgarian state, and proceeded with the payment of the damages, interest, and legal fees in full.”

The CMS team included Managing Partner Kostadin Sirleshtov, Counsel Borislava Piperkova, and Senior Associate Elena Yotova-Yordanova.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.