Office

69 Bulgaria Blvd.
Infinity Tower, 14th floor
1404 Sofia
Bulgaria

+359 2 9048 300

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Sofia | Bulgaria

Annual Company Lawyers Summit 2019: Navigating Change in a Dynamic Business and Legal Environment - 16 May 2019, Hilton Sofia Hotel

May 2019 – Kinstellar, a leading international law firm operating in ten jurisdictions in Central and Eastern Europe and Central Asia, is pleased to invite you to the second edition of our exclusive annual event dedicated to general counsels, heads...

Bulgaria prepares to join the EU’s Single Resolution Mechanism for credit institutions and investment funds

April 2019 – On 10 April 2019, a bill for amendment of Bulgaria’s Recovery and Resolution of Credit Institutions and Investment Firms Act (the “Bill”) was passed on first reading by the Parliament. The purpose of the Bill is to align Bulgarian...

Bulgaria introduces mandatory quotas for hiring permanently disabled persons

April 2019 – On 2 April 2019, the rules for the implementation of Bulgaria’s new Persons with Disabilities Act (the “Act”) entered into force. The rules detail the obligation of employers in Bulgaria with more than 50 employees to hire a minimum...

Geo-blocking beware: New EU rules greatly restrict the ability of businesses to use geo-blocking techniques as part of their online sales and marketing strategies

April 2019 – Geo-blocking is no longer a laissez-faire matter in the European Union. From December 2018, a new set of rules apply that limits the use of geo-blocking by online businesses operating in the EU. The Geo-blocking Regulation — as this...

Kinstellar announces two Partner appointments

April 2019 – Kinstellar, Emerging Europe and Central Asia’s leading independent law firm, is delighted to announce the promotions to Partner of Antonia Mavrova in Sofia and Tomáš Čihula in Prague.
Antonia Mavrova, Sofia
Antonia has...

Kinstellar Sofia hosts the Annual Company Lawyers Summit 2019: Navigating Change in a Dynamic Business and Legal Environment

March 2019 – We are pleased to announce the second edition of our exclusive annual event dedicated to general counsel, heads of legal departments and senior in-house lawyers in Bulgaria. The event will provide insights into some of the hot legal topics...

Bulgaria introduces a range of derogations from the EU General Data Protection Regulation

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known...

Two proposed amendments to Bulgaria’s Bank Insolvency Act have been introduced to harmonise local law with EU rules and to further refine the legislation

March 2019 – On 22 February 2019 and 26 February 2019 two bills were introduced in the Bulgarian parliament to amend the existing Bank Insolvency Act (“Bills”).
The purpose of the first of the Bills is to introduce the provisions of Directive...

Kinstellar advises Lion’s Head Investments on 3 office acquisitions in Bulgaria and Romania with a total transaction value exceeding EUR 310 million

February 2019 –  Kinstellar is delighted to have advised its client, Lion’s Head Investments, on the acquisition of three major office buildings: two in Sofia (Polygraphia Office Centre and Megapark) and one in Bucharest (Oregon Park).  All three...

Bulgaria’s Supreme Court of Cassation issues interpretative judgement strengthening the equal treatment of creditors and expediting insolvency proceedings

February 2019 – On 3 December 2018, Bulgaria’s Supreme Court of Cassation (“SCC”) issued Interpretative Judgment No 1 (the “Judgement”) on interpretative proceedings No 1/2017 of the General Assembly of the Panel of Commerce. The Judgement...