Legal 500 2015
Banking & Finance
Kambourov & Partners’ team ‘always goes the extra mile’ and is ‘incredibly flexible and proactive’. It advised a Barclays Bank-led consortium of lenders regarding a facilities agreement and the release of financial collateral as part of the package to finance the acquisition of Cinema City International by Cineworld Group. Other work included providing debt collection and insolvency advice to Crédit Agricole Bulgaria (now known as Commercial Bank Victoria). Other clients include Sofia Municipal Privatization Agency, Telus and Bulgarian Development Bank. The ‘focused’ Yavor Kambourov heads the practice, in which both Vladimir Rangeloff and senior associate Yonko Hristov are also recommended.
Corporate and M&A
Kambourov & Partners’ ‘very responsive’ and ‘proactive’ team assisted Danone with the €6.4m sale of its local production division and acted for Achmea on a mixed share and asset deal pertaining to the sale of a stake in Interamerican Bulgaria Life Insurance Company and the entire insurance portfolio of Interamerican Bulgaria (non-life insurance company). Other clients include AP Mart, Bulgarian Development Bank and Euromax Resources. The ‘first-rate’ Vladimir Rangeloff heads the team.
Kambourov & Partners’ ‘extremely proactive department’ is noted for its ability to deliver ‘well researched, accurate advice’. It is acting for UniCredit Bulbank in several litigation matters, handling a copyright dispute for bTV Media Group and representing DANS Energy in a €3m fees dispute with NEK before the Arbitration Court at the Bulgarian Chamber of Commerce. Practice head Emil Emanuilov ‘thrives under pressure’ and ‘his knowledge and spirit are a killer combination’. Yavor Kambourov is ‘outstanding’, and senior associate Dimitrina Petrova has ‘extensive knowledge’.
Energy and Natural Resources
Kambourov & Partners’ recent headline work includes advising HSBC on the establishment of the Bulgarian security package for the merger of two listed gas and oil exploration and production companies. It also continued to advise Bulgarian Energy Holding on the restructuring of the Bulgarian energy sector and advised Euromax Resources on the sale of its Bulgarian subsidiary. Practice head Stefan Tzakov has ‘in-depth knowledge of the energy sector’.
EU & Competition
Kambourov & Partners’ ‘quick, focused and responsive’ team acted for Alen Mak Bulgaria in unfair competition proceedings before the CPC, continues to represent bTV Media Group in an abuse of dominance case, and is advising Kamenitza on a range of competition matters. Practice head Stefan Tzakov is ‘synonymous with quality and precision’.
Projects and PPP
The ‘first-rate’ department at Kambourov & Partners advised IC Ictas Insaat on the development and construction of new international airport passenger terminals and acted for Surfer’s Paradise Club on the financing and construction of a water and sewerage system under PPP terms. Atanas Shopov and the ‘fantastic’ Stefan Tzakov are recommended.
Real Estate and Construction
Atanas Shopov heads the team at Kambourov & Partners, which demonstrates ‘a special attitude towards clients that provides comfort and really makes a difference’. It is advising Sterling Properties on the development and construction of the Plaza West shopping mall and is acting for Kaufland Bulgaria on property acquisitions. Other ongoing work includes acting for Sterling Retail on the development and construction of a new shopping centre on the Black Sea coast.
Recent mandates for Kambourov & Partners’ ‘knowledgeable’ team include advising Nokia on the sale of its devices-and-services business to Microsoft. It also acted for Telus International on several matters. Mitko Karushkov is ‘excellent’.
Kambourov & Partners continues to advise the Privatization and Post-Privatization Control Agency on the sale of state-owned shares in the Bulgarian Stock Exchange and Central Depositary. Other clients include Monbat and Energoni. Yonko Hristov and Nikolay Vasilchev are recommended along with ‘very experienced’ team head Vladimir Rangeloff.