Key takeaways from the bill for supplements to the Bulgarian Personal Data Protection Act

At the end of May this year, a group of MPs introduced a bill for supplements to the Bulgarian Personal Data Protection Act. It attempts to regulate the information circulating on the Internet, both in terms of websites and publications available in blogs, social networks, etc.

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Recovery Plan for Europe: Next Generation EU

Healthcare and welfare systems across the world have been faced with extraordinary challenges in the past months. In Europe, as numbers of COVID-19 cases were rising, significant restrictions were being imposed to contain the virus. This inevitably led to severe social and economic damage and the urgent need for a consolidated financial response at EU level.

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A guide to real estate acquisitions through capital companies

In addition to traditional transactions, the acquisition of real estate could be carried out through the establishment of a capital company with capital which is constituted by an in-kind contribution of real estate and subsequent purchase of the shares in this company. The procedure involves...

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COVID-19 and measures for distressed businesses

The COVID-19 pandemic has posed serious difficulties for a great number of businesses. To address this extraordinary challenge, countries around the world have introduced various stabilisation and economic support measures.

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Video conferencing - risks & recommendations

Video conferencing apps have been enjoying particular popularity over the past months and it seems like they are here to stay.

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Deadlines for 2020 annual financial statements

The COVID-19 pandemic has severely affected numerous sectors and posed a number of unprecedented challenges to businesses, both from a practical and from a legal standpoint. 

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Important deadlines for adopting internal rules under the Measures Against Money Laundering Act

The deadline for adopting internal rules on money laundering and terrorist financing control and prevention is August 21, 2020 at 24:00h...

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Dawn raids of the Commission on Protection of Competition

Dawn raids are an extremely effective means of gathering evidence by competition authorities when investigating alleged infringements related to prohibited agreements, decisions... 

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Can any word be my domain name? How about COVID-19?

In the context of the COVID-19 pandemic, which significantly disturbed economic processes around the world, many businesses had to accelerate the digitalisation process and focus on remote provision of their services. 

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Back to work - how to create a safe environment for employees?

We have put together a back-to-work checklist with some of the basic steps employers should follow when resuming standard work processes...

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How to maintain the arm’s length during a pandemic?

Markets functioning on the basis of free movement of goods, services, persons and capital flows, are currently facing one of the biggest challenges since 1930s... 

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Data traffic and surveillance during state of emergency

We are facing perhaps the biggest world crisis that today’s tech-driven society has ever seen. The hurricane will pass, but the choices we are making right now could change our lives for the upcoming years...

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Free use of patents in the fight against COVID-19

The Open COVID Pledge initiative - good news in times of crisis

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Managing your permanent establishment risk and corporate residency in times of COVID-19 pandemic

On 3 April 2020 the Secretariat of the Organisation for...

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Amending and Supplementing Act of the Bulgarian State of Emergency Measures Act

The Amending and Supplementing Act of the Bulgarian State of Emergency Measures Act, adopted on 06.04.2020...

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State of emergency: Rules for deferral and arrangement of liabilities

On 10 April 2020, the Bulgarian National Bank (‘BNB’) issued a press release that its Governing Board has affirmed the draft Rules for deferral and arrangement of liabilities... 

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Compensation of 60% of insurable earnings during the state of emergency

Conditions, business categories, procedure and documentation

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State of Emergency Measures Act

On 24.03.2020, the State of Emergency Measures Act (SEMA, the Act) was published in the Bulgarian State Gazette. The Act enters into force retroactively...

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Can I register “coronavirus” as a trademark?

Does intellectual property law have the tools to prevent abuse in times of crisis?   

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COVID-19 & State Aid

On 19 March 2020, the European Commission adopted a Temporary Framework for State aid measures to support the...

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State of emergency: Proposed amendments to the Labour Code

On March 18, the National Assembly adopted at first reading the Emergency Measures Draft Law. It reproduces much of the already known anti-epidemic measures from the Minister of Health's Order, which imposed the first restrictions on social life…

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COVID-19 outbreak: Impact on commercial contracts

Does the coronavirus outbreak and the declared “State of emergency” amount to a force majeure event? What are the options for financial support for businesses in response to mitigate the... 

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Remote use of corporate IT infrastructure

The State of emergency, declared last week by the Bulgarian Parliament, as part of the global effort to halt the spread of COVID-19, and the subsequent Order by the Bulgarian Minister of Health (Order №…

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State of Emergency in Bulgaria - Labour, Global Mobility and Tax Aspects

On 13 March 2020 Bulgaria declared a state of emergency as part of the global effort to stop the spread of COVID-19. As part of the adopted measures, employers were asked to…

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