June 2025 – Cartel fines, which can amount up to 10% of a company’s global group turnover, represent one of the most significant enforcement instruments in European competition law. With both the frequency and the magnitude of such cartel fines on...
June 2025 – The European Accessibility Act (Directive (EU) 2019/882) (“EAA”) represents a significant shift in the regulatory landscape for private sector businesses across the European Union. Introduced to harmonise accessibility requirements for...
June 2025 – We are pleased to announce that Kinstellar advised First Big Orange Garden, a special purpose vehicle, on one of the largest office building acquisitions in Bulgaria to date - the FairPlay Business Hub. First Big Orange Garden acquired the...
June 2025 – We are pleased to share this mid-year update to Kinstellar’s Regional 2025 Competition Review and 2026 Outlook. This document provides a snapshot of the latest competition law developments in Austria, Bulgaria, Romania, Serbia, and Turkey...
May 2025 – On 9 May 2025, the Bulgarian State Gazette published important amendments to the Bulgarian Whistleblowing Act, further aligning the national legal framework with Directive (EU) 2019/1937 of the European Parliament and of the Council of 23...
May 2025 – On 4 April 2025, the European Commission issued its long-awaited decision regarding the e&/PPF case, following an in-depth Phase II investigation that ultimately led to the adoption of commitments. The transaction concerns the 50%-plus-one-share...
5 May 2025 – It has come to our attention that some companies in Bulgaria have received unauthorised fraudulent emails falsely claiming to originate from Kinstellar’s Sofia office.
May 2025 – Kinstellar is pleased to announce that, together with Milbank as lead counsel, it has advised Advent, a leading global private equity investor, on the acquisition of TBI Bank, a leading digital challenger bank in Southeast Europe, from 4finance...
April 2025 – Despite the 6 July 2024 transposition deadline for the full implementation of the Corporate Sustainability Reporting Directive (CSRD), several jurisdictions – including the Czech Republic and Romania – remain subject to infringement...
April 2025 – Kinstellar routinely monitors developments in finance, commercial, and contract law and in key regulatory areas relevant for financial institutions in Bulgaria in order to provide the most up-to-date information to our clients operating...