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Our latest thinking on the issues that matter most in business and management.

What changes to the ESG legislation does the Omnibus Package bring?

Its primary aim is to improve ESG standards in the European Union, while reducing the administrative burden on business that the current ESG-regulatory framework creates.

AI Act (REGULATION 2024/1689): Timeline roadmap

Some little known but important features of the insurance contract

Employment contract vs. civil contract – six key differences

Covered bonds – a new opportunity or same old thing?

On 8 July 2022, the new Covered Bonds Act (“CBA”) entered into force, transposing the European Directive (EU) 2019/2162 on the issue of covered bonds and covered bond public supervision (the “Directive”), aimed at harmonising the legal regime for covered bonds in EU Member States.

Unprecedented compensation for nonpecuniary damages awarded to a client

Dimitrov, Petrov & Co. Law Firm (DPC) won a case for nonpecuniary damages with an unusually high amount of compensation for Bulgaria.

The Cyber Law in Bulgaria monograph is now out

Prof. Dr. George Dimitrov and Assoc. Prof. Martin Zahariev, PhD authored the new edition of Cyber Law in Bulgaria, published by Kluwer Law International in May 2022, as a part of the International Encyclopaedia of Law series.

Prof. Dr. George Dimitrov

The balance between freedom of expression and data protection

The balance between the right to freedom of expression and information and the right to data protection has been the center of discussion for quite some time now, especially in the context of journalistic activities. As both rights are not absolute, the question is – which right overrules the other?

DPC won the Bulgaria Firm of the Year Award of LMG Life Sciences

Dimitrov, Petrov & Co. (DPC) Law Firm has won the jurisdiction award for Bulgaria of the prestigious LMG Life Sciences Awards.

DPC reaches new highs in The Legal 500 ranking for 2022

More Dimitrov, Petrov & Co. (DPC) practices and lawyers than ever have been recognized in one of the most prestigious global legal rankings.

The Constitutional Court has defined environmental protection and wildlife conservation as a supreme constitutional value

The judges unanimously rejected the request for annulment of the provision of Art. 7 of the Biological Diversity Act thus confirming that the orders for the designation of protected areas are final and not subject to appeal.

Boyana Milcheva

DPC advised Beetroot on buying the business of South Gate Tech

Dimitrov, Petrov & Co. (DPC) advised the entry of the Swedish software company Beetroot in the Bulgarian market through the acquisition of the business of the Bulgarian tech company South Gate Tech.

Hristo Nihrizov

European Commission to fight shell entities

At the end of 2021, the European Commission presented an initiative to fight the misuse of shell entities for improper tax purposes. These so-called ‘shell companies’ are used for tax evasion purposes and aggressive tax planning, by directing financial flows towards jurisdictions that have lower taxes or by shielding assets, such as real estate, from taxes.

Boyana Milcheva

Euro in Bulgaria - 7 Things You Need to Know

The adoption of the Introduction of Euro into the Republic of Bulgaria Act prior to the issuance of the Decision of the Council of the European Union enables businesses to align their processes and organise their operations in a timely manner

August 12, 2024

DPC Shorts: Ivan Alexander Manev on the change in taxation of crypto transactions

Taxes on individuals trading cryptocurrency reduced by legislative amendment

Ivan Alexander Manev

August 12, 2024

DPC Shorts: Ivan Alexander Manev with some good VAT-related news for small business

From 1 January 2025, the VAT registration threshold for Bulgarian companies is raised to BGN 166,000.

Ivan Alexander Manev

Problems with easements under the Energy Act impede investors and delay RES projects

There is a need for refinement of municipal practice and in some cases - legal changes

SCC with an interpretative decision on the amount of compensation for copyright infringement

The Bulgarian Supreme Court of Cassation (SCC) has finally brought clarity to the issue of damages for author's rights infringement with a new Interpretative Decision. Тhe issues of determining the amount of damages suffered; the recovery of out-of-court costs and the need to prove non-pecuniary damages are addressed.

Konstantin Kostadinov

DPC contributed the Bulgarian part of World IT Lawyers’ AI Regulation Guide

The guide is designed for private companies that try and want to use AI in their work or implement it, and that have cross-border customers

Desislava Krusteva

DPC Advises on Another Major Photovoltaic Power Plant Sale in Bulgaria

Our dedicated Energy, Projects, and Construction Team provided comprehensive legal support throughout the sale of a 70-megawatt photovoltaic project by Electrawinds Bulgaria

Pencho Stanchev

First steps towards ESG compliance in Bulgarian legislation

Changes to the Accountancy Act introduce new European requirements

Ana-Mari Eremieva

National mechanism for screening foreign direct investment related to the security or public order

Today, the Amendments and Supplements Act to the Investment Promotion Act was promulgated. The Act comes into force on Monday, 11.03.2024, and introduces for the first time a mechanism for screening foreign direct investments in accordance with Regulation (EU) 2019/452 in order to ensure measures for the Bulgarian economy against investments that could endanger national security or public order in Bulgaria.

Nikola Stoychev

February 26, 2018

Martin Zahariev, PHD, presented GDPR at a workshop under a European project

Martin Zahariev, PhD delivered a presentation at a workshop on privacy and education in the context of the so called “once-only” principle.

January 7, 2020

Desislava Krusteva gains recognition in the Women in Data 2019 survey

Global Data Review – the leading information source within the data law landscape – has recently released its new survey Women in Data 2019.

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