The Firm

Georgiev, Todorov & Co. was established in 1991 - one of the first Bulgarian law firms.

It provides corporate law services, with a particular emphasis on the financial sector, venture capital, secured lending, telecommunications, IT and litigation, for both a large domestic client base and a range of foreign investors.

The firm comprises 7 partners and 52 lawyers. Most of the firm's lawyers have attained positions of recognition as experts in their fields of practice. Theodor Chipev and Alexander Arabadjiev were senior partners at the firm before being appointed as Judges at the Court of First Instance and respectively the European Court of Justice in Luxembourg.

The firm is the only Bulgarian member of Lawyers Associated Worldwide.

Why choose us?

Many of the lawyers at Georgiev Todorov & Co have been educated at leading European educational institutions, including Oxbridge and the Sorbonne, and have been selected as experts in their areas of specialisation. The firm has extensive international experience and a long standing association with leading UK law firm Eversheds. It is also a member of Lawyers Associated Worldwide with members in nearly fifty states, which gives it access to a powerful information network.

Our experts are pioneers in what they do. These are just a few examples of the firm’s most challenging projects:

• 2004 – 2005 – Advisors of Microsoft Corporation with respect to case pending with the Competition Protection Commission (favorable decision in March 2005).
• 2003 – Advisors of Intelcan ( Canada ) regarding first projects in Bulgaria for reconstruction of certain air force facilities in compliance with NATO and ICAO standards.
• From 2002 – Advisors of Advent International (USA) as the nominated buyer of BTC – biggest privatization sale in Bulgaria.
• From 2002 – Advisors of Mitsui & Co. ( Japan ) with respect to the rehabilitation of the biggest Bulgarian Thermal Power Plant.
• 2001 – 2002 – Advisors of the receiver of the biggest Bulgarian bank in insolvency with respect to the sale of the bank’s enterprise as a going concern.
• 2000 - Lawyers of Balkan Airlines with respect to the first lawsuit aiming announcement by a Bulgarian court that a strike is illegal.
• 1999 - 2000 - Advising OTE - Greece as potential buyer of the Majority Stake in BTC
• 1999 - Legal Advisors to Mayor of Sofia with respect to the first Bulgarian Municipal Aurobonds Issue (Euro 50,000,000).
• 1998 - Legal Advisors to Credit Bank with respect to the first Bulgarian merger of private banks.
• 1996 - 1997 - Representing clients with respect to international sales of electricity and with respect to the first Bulgarian case of assignment of receivables arising from delivery of gas.
• 1996 - First Bulgarian private law firm instructed by the Bulgarian National Bank to represent its' interests with the Supreme Court with respect to the withdrawal of the licenses of two commercial bank.
• 1995 - Authors of the first Bulgarian book commenting the new VAT Act.
• 1993 -1994 - Acting for the European Bank for Reconstruction and Development (EBRD) in establishing the first investment bank in Bulgaria.

Georgiev, Todorov & Co. pride themselves on an outstanding litigation practice in the Bulgarian state courts and courts of arbitration.

Some of the most developed areas of practice are administrative law (including issuing, alteration, suspension or revocation of licenses), administrative appeals and taxation, which are relatively rarely covered by other lawyers. For instance, following the instructions of their clients’ lawyers, Georgiev, Todorov & Co. have conducted many successful lawsuits against illegal regulations of the government and against illegally determined taxes.

The firm also has good relationships with different state and municipal authorities. Our lawyers are not only acquainted with current laws, but are also informed on what changes might be taking pace. Our clients are always one step ahead by knowing in advance the provisions of draft laws which may affect their business.

Languages: Armenian, English, French, German, Italian, Russian, Spanish.