Legal 500 2018
Banking & Finance
Kambourov & Partners has ‘a phenomenal’ team with business acumen that is ‘beyond impressive’. It has been advising ADM Capital on a €52m refinancing of Prista Oil. Other clients include BNY Mellon, UniCredit Bulbank and the Bulgarian National Bank. Yavor Kambourov is the key figure.
Kambourov & Partners combines its finance and corporate expertise to handle debt and equity transactions. Nikolay Vasilchev and Vladimir Rangeloff are advising investment banking boutique Mane Capital on a series of capital increases in asset management company Capital Concept to the value of BGN1bn.
Commercial, Corporate and M&A
Kambourov & Partners is ‘very efficient and proactive in recognising business opportunities’. Veronika Hadjieva, who is ‘truly gifted and commercially oriented’, led advice to hedge fund Worldview following its takeover of Petroceltic Bulgaria. Vladimir Rangeloff is ‘a skilled dealmaker’.
‘A truly fantastic firm’, Kambourov & Partners has a ‘hugely committed’ team that works ‘tirelessly’ and ‘inspires so much confidence’. Its clients include BNY Mellon Corporate Trustee Services and retail chain Piccadilly. ‘Brilliant’ and ‘masterful litigator’ Emil Emanuilov has represented the Bulgarian Football Union in a number of arbitrations and litigation cases.
EU & Competition
Kambourov & Partners provides an ‘exceptional’ level of service and has been representing Lidl in several contentious matters: an appeal against a €1m sanction imposed for alleged misleading advertising, as well as two proceedings concerning alleged abuse of dominant position. Practice head Stefan Tzakov is ‘exceptionally qualified’ in the field and Nikolay Vasilchev is ‘excellent for regulatory matters’.
Kambourov & Partners’ ‘excellent’ team has ‘a deep knowledge of local legal issues’. It is representing the local subsidiaries of a major foreign energy producer in arbitration with the Bulgarian state and has been defending the Electricity System Operator against multiple claims brought by renewable energy generators and electricity suppliers. Citygas Bulgaria is also a client. Stefan Tzakov is the key figure.
Projects & PPP
Kambourov & Partners routinely handles major national construction projects, including several matters for construction company Monolit, such as assisting with its public procurement tender for the design and build of stage one of the Hemus Motorway, as well as advising on the design and construction of two factories and a third Sofia metro line. The firm is also assisting Sterling Retail with the development and construction of a new shopping centre on the Black Sea coast. Atanas Shopov is ‘a top talent’.
Kambourov & Partners advises a number of technology multinationals on the corporate and M&A aspects of their operations in Bulgaria, including assisting Viasat Telematics with its acquisition of a majority stake in EuroGPS. It also successfully defended bTV in an antitrust case against Nova, following allegations of predatory pricing. Mitko Karushkov and the ‘efficient and knowledgeable’ Mario Arabistanov are the main contacts.
Kambourov & Partners provides ‘high-level service’, which is ‘substantiated by thorough industry and legal knowledge’ and ‘ample technical capacity’. ‘Bright and dynamic’ practice head Atanas Shopov advised Monolit on the design and construction of two major manufacturing plants, and its project for the construction of a third Sofia metro line. Radosveta Kojuharova, who is ‘unquestionably a top lawyer’, is a key name for real estate transactions. Plamen Yotov is also recommended.