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Spasov & Bratanov Lawyers Partnership

www.sbn-law.com

Founded in 1999 by the two name partners, Spasov & Bratanov Lawyers Partnership has grown to become a leading Bulgarian commercial law firm. It is traditionally known as a high-end boutique firm which serves its clients through a relatively small staff (currently 15 lawyers and growing). The firm boasts US- admitted and UK degree-holder lawyers and has strong relationships with several leading international law firms, allowing it to meet the legal needs of its international clients at the levels of service which they expect to receive. The firm offers unrivalled advice across the full spectrum of business law, including litigation. Its expertise is reflected by consistently high rankings in the major league tables of top law firms. Clients include leading international and Bulgarian companies, banks, financial institutions, multilaterals, private equity funds and partnerships. In recognition of the firm’s values, it receives referral work from Bulgarian peers who recognize clients’ need for competent legal representation in the event of conflict or similar circumstances.

Practice areas

Mergers & acquisitions: Spasov & Bratanov

has one of the fastest-growing M&A practices in Bulgaria, including structuring and advising on mergers and acquisitions of private businesses and asset acquisitions. The firm’s work is focused on conducting negotiations, representing clients before government agencies and regulatory bodies, and drafting legal documentation. The firm has strong expertise in cutting-edge leveraged acquisitions involving both publicly and privately held Bulgarian companies. It also has substantial experience in representing buyers of, and investors in, state and municipality-owned companies, as well as ministries and agencies. Lawyers from the firm have acted on cross-boarder mergers, including as instructing lawyers on acquisitions in Macedonia and Romania.

Banking & finance: Spasov & Bratanov’s

banking and finance practice is highly regarded. The firm acts for Bulgarian and foreign banks and financial institutions. It has unique expertise in structuring and negotiating

118 ILO Client Choice Guide 2010

bank and bond financings to private and public businesses in Bulgaria, drafting legal documentation and creating and perfecting all types of security. The firm frequently advises international financial institutions and large international banks on sovereign and private lending, and has completed several due diligence processes. Spasov & Bratanov also advises on related insolvency/bankruptcy, tax and creditor rights/enforcement issues, various regulatory matters relating to Bulgarian banks and financial institutions and International Swaps & Derivatives Association issues.

Projects/public-private partnerships: The

firm’s projects and infrastructure practice is pre-eminent. To date, Spasov & Bratanov has acted on the largest independent power producer project in Southeast Europe (Maritza East 1), the largest wind farm project in Bulgaria (Kavarna Wind Farm Project) and the largest concession project in Bulgaria (Varna and Bourgas Civil Airports). The firm also acted for the Bulgarian shareholders on the Trakiya Motorway project, and advised Veolia Water on the Sofia and Varna–Shumen water and sewerage concession projects, as well as on the structuring of various proposed public- private partnership projects.

Energy: Spasov & Bratanov has an outstanding energy practice, focused on advising on company resources in relation to energy, energy resources, energy saving, natural gas offshore extraction and trade, and representing Bulgarian and foreign investors, energy companies, banks, developers, export credit agencies and government agencies in connection with the financing, development and operation of electricity, gas and thermal power projects. Spasov & Bratanov has unparalleled experience in renewable energy, acting on the vast majority of wind and solar photovoltaic power projects in Bulgaria.

Competition: Spasov & Bratanov has a recognized practice in competition law and public procurement. This was developed on the basis of the firm’s growing M&A practice and established litigation practice, and its substantial experience in challenging or

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