Until August 2011, Bulgarian criminal law did not cover bribes or other unlawful means of influencing the course or outcome of sport competitions. However, new crime legislation could see punishments of up to 10 years imprisonment and fines of up to EUR 15,000. This briefing gives full details.
Law Firm: Schoenherr | Published: 05 October 2011 | Practice Area: Financial Crime and Fraud
On 21 April 2011 the Bulgarian Parliament passed the draft of the new renewable energy law. Schoenherr looks at the key provisions.
Law Firm: Schoenherr | Published: 05 May 2011 | Practice Area: Renewables
Wind power is playing a vital role in achieving the EU’s renewable energy targets, with the wind power sector continuing to expand. However, the success of wind power is strongly dependent on national regulatory provisions. This guide aims to give investors an overview of the permits required.
Law Firm: Schoenherr | Published: 09 September 2010 | Practice Area: Renewables
The third energy package aims at the development of electricity and gas markets, particularly the separation of supply and generation from transmission operations. It harmonises the powers of national energy regulators, ensure their greater independence, and strengthen cooperation between them.
Law Firm: Schoenherr | Published: 03 May 2010 | Practice Area: Regulation and Enforcement
A new Bulgarian Trade Registry Act was enacted on 1 January 2008. The Act meets the need for a more transparent and flexible system for registration of new companies in Bulgaria and existing companies in the new online Trade Registry. But does it violate data protection principles?
Law Firm: Schoenherr | Published: 03 May 2010 | Practice Area: Company Administration
The controversial amendments to the Concessions Act have been in effect for more than a year. At their adoption by the Bulgarian Parliament they provoked widespread debate amongst the political parties, business circles and the Black Sea Municipalities on the anticipated negative consequences.
Law Firm: Schoenherr | Published: 03 May 2010 | Practice Area: Construction
In November 2008 Bulgaria lost EUR 220 mln in EU funds as the European Commission deemed the former Bulgarian government incapable of fighting corruption.
Law Firm: Schoenherr | Published: 03 May 2010 | Practice Area: Commercial Property
The draft amendment to the current Bulgarian trademark law, which provides for major changes to trademark registration procedures, has passed the first round of voting in the National Assembly.
Law Firm: Schoenherr | Published: 03 May 2010 | Practice Area: Trademarks
After a quiet period, public enforcement of competition rules gained momentum in 2007-8 when the Bulgarian Commission for Protection of Competition initiated cartel investigations and record fines for infringement.
Law Firm: Schoenherr | Published: 03 May 2010 | Practice Area: Competition Regulators and enforcement
The minimum share capital requirement for establishing a limited liability company in Bulgaria has been practically abandoned.
Law Firm: Schoenherr | Published: 03 May 2010 | Practice Area: Company Capital Maintenance
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