Insights

News

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

The New Cybersecurity Directive provides for sanctions similar to those under the GDPR

The Directive, to be transformed into local law in Bulgaria by 17 October 2024, provides new obligations for companies and organizations.

Nikola Stoychev

Two new partners in DPC

As tradition has it, the promotions for this year were announced at a DPC’s annual party and have come into force as of 1 March.

February 1, 2023

DPC Shorts: Ivan Manev on VAT for uncollectible receivables

An amendment to the VAT Act was adopted, providing for the possibility to reduce the taxable amount of supplies for which the receivables have become irrecoverable

Ivan Alexander Manev

February 15, 2023

The EU Blue Card facilitates employing highly qualified citizens outside the Union

At the end of January, important legal changes were adopted governing the conditions and procedure for issuing a long-term residence and work permit of the “EU Blue Card” type. The changes are aimed at facilitating access to the Bulgarian labour market for highly qualified citizens outside the European Union (EU) which could have a positive impact on labour shortages in a number of sectors of the Bulgarian economy.

Rositsa Vasileva

February 1, 2023

DPC advised Kolichka.bg on the local aspects of an international M&A transaction

Kolichka.bg's parent company in the Czech Republic Košík Holding was the target of the acquisition with METRO AG acquiring a 25% stake

February 7, 2023

Whistleblowers Protection Act adopted

Whistleblowers Protection Act (full name: Protection of Persons Who Report Breaches or Publicly Disclose Information on Breaches Act) (the Act) was adopted at second reading on the Parliament’s last working day and promulgated in the State Gazette.

January 30, 2023

Amendments to the VAT Act

An amendment to the VAT Act has been adopted, providing for the possibility to reduce the taxable amount of supplies for which the receivables have become uncollectible

Ivan Alexander Manev

December 15, 2022

DPC Shorts: Radina Tomanova on the latest amendments to the Bulgarian Labour Code

In this video our labour law expert Radina Tomanova briefly presents three amendments to the Bulgarian Labor Code made in 2022 and affecting employees that: 1. conclude an employment contract with a term of up to one year; 2. want to work for more than one employer; 3. are fathers of children up to the age of 8.

Radina Tomanova

December 1, 2022

DPC Shorts: Pavlina Ivanova on construction categories

Depending on the characteristics, significance, complexity and risks of operation, construction in Bulgaria is categorised from the first to the sixth category. Why is construction categorisation necessary? Who is responsible for proper categorization? What is the case law in construction categorization cases? These questions are answered by Pavlina Ivanova, a leading expert in property and construction law.

Pavlina Ivanova

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.

© All rights reserved 2007-2025 Dimitrov, Petrov & Co.

Design by StanVision