Dispute Resolution
Global Guide 2024 : Bulgaria
Band 3
Email address
[email protected]Contact number
+359 2 971 3935About
Provided by Penkov, Markov & Partners
Dispute Resolution
PM&P’s litigation practice has a recognized presence on the Bulgarian legal market and is constantly expanding its market share and number and complexities of the cases it handles. The department is widely admired by clients for successfully covering commercial litigation, construction, arbitrations and litigations within the renewable energy sector, banking, labour, public procurement and tax disputes including such with cross-border aspects.
PMP represents more than 40 RES producers on active cases against Bulgarian State for reimbursement of unlawfully collected fees on the grounds of anti - constitutional legislation, the total value of cases being above EUR 5 mln., whereby from April 2020 onwards we have won more than 15 cases in a row at the final instance.
PM&P is also handling a complex and interconnected dispute against the construction supervision authorities and the chief architect of Sofia Municipality with relation to the cease of construction and the legality of the construction of the skyscraper Zlaten Vek in Lozenetz, Sofia, with a value of the project well above EUR 100 mln.
PM&P is also representing prominent international clients before ECJ - ECJ Case C-581/20 on the interpretation of Regulation (EU) 1215/2012, as well as in debt collection proceedings before Bulgarian courts and in e-fraud related cases against organized crime groups with value of the stolen funds of more than EUR 5,000,000.
Chambers Review
Penkov, Markov & Partners regularly represents clients in civil and administrative litigation as well as debt recovery. Clients are drawn from a variety of sectors, including construction, FMCG and financial services. The firm is also experienced in commercial litigation and contractual arbitration proceedings. It additionally handles white-collar crime and fraud disputes.
Work Highlights
- Penkov, Markov & Partners represented Energy MT in an appeal following a sanction by the Commission for Energy and Water Regulation on alleged market manipulation to the value of EUR80,000.
Strengths
Provided by Chambers
"They are highly dedicated."
"What makes them special is that they give you the confidence to move forward."
"They are highly dedicated."
"What makes them special is that they give you the confidence to move forward."
Notable Practitioners
Atanas Valov focuses on administrative and commercial disputes for clients from the construction industry, and also represents municipalities in contentious public procurement cases. He also represents clients before the EU courts.
"He is a good professional with many years of experience."
Ranked Lawyers at
Penkov, Markov & Partners
Bulgaria
Members
Provided by Penkov, Markov & Partners
Atanas Valov
Head of Department
Boris Strijlev
Koycho Marinov
Mila Stoeva
Pavel Tsanov
Radost Georgieva
Vyara Tomova
Clients
Provided by Penkov, Markov & Partners
Arteks Engineering AD
Artstroy 1 Construction EOOD
BGNova AD
Coca Cola HBC Bulgaria
DNV GL SE (former Germanischer Lloyd SE)
EBRD
Glorient Investment BG OOD
IDI S.A
Knauf
Komercijalna Banka Skopje
Large number of RES producers affected by the 20% access fee
Schenker EOOD
Toto Costruzioni Generali SpA
Viva Incubator Investment Management Ltd
Zagorka AD (subsidiary of Heineken)
Industries
Provided by Penkov, Markov & Partners
Automobiles & Parts
Banks
Charities / Not for Profit
Commercial & Professional Services
Construction & Materials
Consumer Product Manufacturing
Education
Energy
Financial Services
Food & Drink Producers
Forestry & Paper
Government
Insurance
Pharmaceuticals & Life Sciences
Private Clients / Individuals
Real Estate
Real Estate Finance
Retail
Software & Computer Services
Transportation