News, Deals & Insights

List of all News, Deals & Insights

Right of first refusal clauses are now recognised by Bulgarian courts

August 2019 – The Bulgarian Supreme Court of Cassation (“Supreme Court”) has recently issued a decision (No.19, dated 8 August 2019, under commercial case No.2511/2017) that recognises for the first time the concept of right of first refusal (“ROFR”)...

Kinstellar Energy & Natural Resources Digest: Ukraine. July 2019 in Review

August 2019 – Kinstellar Energy & Natural Resources Digest: Ukraine. July in Review
ELECTRICITY: First reflections on the new electricity market in Ukraine
Ukraine’s new electricity market began operation on 1 July 2019 and has...

Spotlight on Uzbekistan: Kinstellar's regular look at the Uzbek market

August 2019 – Kinstellar’s regular look at the Uzbek market.
Adoption of the Personal Data Law
The Law on Personal Data ("Law") No. ZRU-547 was signed by the President on 2 July 2019. It will come into force on 1 October 2019.
The...

Kinstellar advises on the acquisition financing of Centrum Krakov

August 2019 – Kinstellar has successfully advised Česká spořitelna on the financing for the acquisition of Centrum Krakov, a shopping centre located in Prague, by WOOD & Company, through its retail subfund (WOOD & Company Retail Podfond)....

Kinstellar advises Brise Group on its agreement with CEE Equity Partners regarding the modernisation and development of 15 grain silos and logistics hubs in Romania

August 2019 – Kinstellar has successfully advised Brise Group, a significant regional player in the grain and agricultural input sector, on its agreement with CEE Equity Partners regarding the modernisation, integration and development of 15 grain silos...

The winner of this year’s Stellarship competition for Bulgarian law students talks about his experience at Kinstellar

July 2019 – Interview with Ilia Lassin, the winner of this year’s Stellarship competition for law students in Bulgaria
In this year's edition of the Stellarship competition, you were awarded with the individual prize among your colleagues/co-students....

Kinstellar is singled out as an “established aviation practice” in Ukraine

July 2019 – Kinstellar is honoured to be named as an “established aviation practice” in Ukraine by the legal survey Ukrainian Law Firms: A Handbook for Foreign Clients 2019.
Oleksiy Burchevskyy, head of Kinstellar’s firm-wide Aviation sector...

Auction for 28 oil perimeters launched in Romania

July 2019 - Romania’s National Agency for Mineral Resources (NAMR) has launched the bidding procedure for 28 petroleum exploitation areas as per Order no. 273 dated 24 July 2019 in the Romanian Official Gazette.
The auctions involve 22 onshore...

Kinstellar advises winning bidder for Sofia Airport concession

July 2019 ─ Kinstellar has successfully advised a consortium led by French infrastructure fund Meridiam on its winning bid for the 35-year concession to manage Sofia Airport.
Our team in Sofia — coordinated by Partner Diana Dimova and Managing...

Bulgaria introduces more detailed rules for provision of remote and online payment services

July 2019 – The Bulgarian National Bank (the “BNB”) has recently adopted amendments to its Ordinance No 3 on the Terms for the Opening of Payment Accounts, Execution of Payment Transactions and Use of Payment Instruments (the “Ordinance”). The...