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16.04.2013
Bulgaria marks Constitution Day and the professional holiday of Bulgarian Jurists

Today, 16 Apr 2013, Bulgaria marks Constitution Day and 134 years since the adoption of the first Bulgarian Tarnovo Constitution, that established a constitutional State and laid down the foundations of the modern Bulgarian State and its separate pow ...

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25.03.2013
International banks to finance the Bulgarian Energy Holding

Citibank and Deutsche Bank have declared their readiness to provide a EUR 250m loan to the Bulgarian Energy Hodling, while applicants for Deutsche Bank and Citi Group have a loan of up to EUR 250 M to the Bulgarian Energy Holding (BEH), according to ...

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26.03.2013
European Commission launches Green Paper on the long-term financing of the European economy

On 25 March the European Commission  adopted a Green Paper that launches a three-month public consultation on ways of fostering the supply of long-term financing and improving and diversifying the system of financial intermediation for long-term ...

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25.03.2013
Europe strucks an agreement with Cyprus

A EUR 10bn bailout deal for Cypruss was struck in the early hours of Monday morning, 25 March. Basically, what has been agreed in overnight negotiations over the weekend is that small depositors (up to 100 000) in Cypriot banks should be free of pena ...

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28.02.2013
Legislative amendments

After promulgation within State Gazette issue of 28 Feb 2013, amendments have been introduced within the Energy Act. Further information at http://dv.parliament.bg/DVWeb/showMaterialDV.jsp?idMat=73791 ...

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28.02.2013
Legislative amendments

After promulgation within State Gazette issue of 28 Feb 2013, amendments have been introduced within the Commerce Act. Among others, new articles have been introduced regarding payments dicipline and bancruptsy proceedings. Further information at htt ...

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28.02.2013
Legislative amendments

After promulgation within State Gazette issue of 28 Feb 2013, amendments have been introduced within the Insurance code. Among others, paragraph 1 is being amended as to disallow sex as an actuary factor in the determination of insurance premium. Fur ...

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28.02.2013
Legislative amendments

After promulgation within State Gazette issue of 28 Feb 2013, amendments have been introduced within theElectronic Government Act. Further information at http://dv.parliament.bg/DVWeb/showMaterialDV.jsp?idMat=73631 ...

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02.02.2013
First legal practices to be involved with drawing up their own human rights policies

According to IBA Global Insight, three magic circle law firms will have the opportunity to formulate their very own human rights policies. Clifford Chance, Linklaters and Freshfields Bruckhaus Deringer are presently elaborating the framework of thei ...

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22.01.2013
Europe registers a 15.8% rise of share of women on company boards

According to the mid-term figures on the share of women on boards in publicly listed companies, released by the EU Commission in late January 2013 at the World Economic Forum in Davos, there is a notable increase of 15.8% in the number of women on bo ...

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06.01.2013
Oldest Swiss bank shuts – sea of change is yet to come?

Wegelin closure signals sea change for Swiss banks. The oldest bank in Switzerland and 13th oldest in the world - Wegelin & Co. is up for closure after pleading guilty before a New York court to helping US citizens avoid taxes. It is the first n ...

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03.02.2013
An ever present issue - lack of women at the top of the legal profession

Recently, the Law Society of England and Wales carried out a survey of leading lawyers that only came to show the continuing lack of women at the top of the legal profession. Regardless of the fact that a growing number of women enter the sector, ver ...

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02.02.2013
EU Commission proposes new insolvency rules

The EU Commission aims to modernize Europe’s rules on cross-border business insolvency, easing up complex situations for businesses stricken by the economic crisis. “A second chance” for otherwise viable businesses, the rules will k ...

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