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The end of an era: termination of intra-EU BITs

"Intra-EU bilateral investment treaties are outdated and as Italy and Ireland have shown by already terminating their intra-EU BITs, no longer necessa…
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The rise of international investment arbitration claims against Bulgaria

Since 2013, Bulgaria has experienced a significant rise in the international investment arbitration claims against the state in the energy sector. The…
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Amendments in the Code Of Civil Procedure

Two amendments have already been adopted to the Civil Procedure Code (CCP) in the beginning of 2017. The first ones that create a new limit to the sco…
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DIRECTIVE (EU) 2016/943 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the protection of undisclosed know-how and business information

The subject of the Directive is the know-how – that knowledge that is valuable to the entity and not widely known. It is the currency of the knowledge…
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Recent amendments to the Non-Profit Legal Entities Act

Аn Amendments and Supplements Act to the Non – Profit Legal Entities Act were published in the Bulgarian State Gazette, Issue No 74 as of 20th Septemb…
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Principles for creating multi sectoral regulators, according to Directive 2002/21 / EC

During the court case Xabier Ormaetxea Garai and Bernardo Lorenzo Almendros against State Administration of Spain, an inquiry to the European Court of…
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Nadya Hambach will be Keynote speaker on the Central and Eastern European Gaming Conference, 20 September 2016

Nadya Hambach will speak about updated regulation, results and what makes the Bulgarian Gaming market unique.
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Main changes introduced by the new Public Procurement Act

The newly adopted PPA was passed by the 43rd National Assembly on February 2, 2016 and entered into force on April 15, 2016. It comes in response to t…
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Nadya Hambach`s interview for EEG (Eastern European Gaming) Report Magazine on Bulgarian Market Update

Nadya Hambach is a specialized gaming lawyer in Bulgaria and advises for more than a decade gaming companies doing business in Bulgaria and Eastern Eu…
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Nadya Hambach spoke at two events, part of ICE Totally Gaming

At the World Regulatory Briefing, on 2 February, the following issues were discussed: the opportunities and the challenges in the gambling sector in E…
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Forthcoming Changes to the Regulation for the Application of the Investments Promotion Act

The Council of Ministers has recently approved new changes to the Regulation for the Application of the Investments Promotion Act.
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New Draft Ordinance for the Central Public Procurement Body Activities

On 07 October 2015 the Council of Ministers launched for public consultations new rules for the regulation of the Central Public Procurement Body acti…
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Voted Amendments to the Competition Protection Act

On 09 July 2015 the Parliament adopted the long-discussed Draft re amendment and supplement of the Bulgarian Competition Protection Act. After receiv…
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Nadya Hambach spoke about Bulgarian iGaming regulation at iGaming Supershow in Amsterdam

Nadya Hambach spoke at IMGL (International Masters of Gaming Law) Master Class at iGaming Supershow, which took part between 23th and 26th of June in …
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Nadya Hambach spoke at GLI Regulators Roundtable in Rome

​Nadya Hambach was invited to speak at the GLI Roundtable in Rome on the 28th and 29th of May. This year was the 10th anniversary of the event, which …
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Proposed Changes to the Competition Protection Act

The changes proposed to the Competition Protection Act passed first reading on 30 April 2015. Below is a brief overview of some of the key points of …
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The Digital Single Market for Europe and the regulation of online gambling services

​On 6 May 2015 the European Commission has adopted the Digital Single Market Strategy, aimed to break down barriers for citizens and businesses and to…
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The last changes in European Procedural Law after entering in force of REGULATION (EU) 1215/2012 (BRUSSELS I BIS)

New rules on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters apply in the European Union from 10 January…
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In the light of the amendments to the Public Procurement Act (PPA) – the scope of art. 12, para. 1, item 6 of the law and beyond

​Allegedly, every law regulates in its scope certain social relations between people from all walks of life. In a material sense the Public Procuremen…
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Velchev & Co Receives High Rankings in Legal 500 and Chambers Europe 2015

​Velchev & Co Law Office was recognized as a leading law firm in the TMT sector in the 2015 edition of Chambers Europe and Legal 500.
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Attorney at Law Pavel Velchev with an article in the special edition for telecommunications of Capital newspaper

Attorney at Law Pavel Velchev with an article in the special edition for telecommunications of Capital newspaper
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Velchev & Co with an article about the regulatory framework of online gambling

The managing partner of Velchev & Co – Pavel Velchev, and his partner Attorney-at-Law Parvan Rusinov commented for the Bulgarian newspaper “Capital”
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Velchev & Co takes over the legal representation of GANT

​Attorneys-at-law Pavel Velchev and Velislav Dramov who are officially registered as IP representatives shall defense and represent a world famous bra…
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Legalizing Online Gambling in Romania

Further to the European Commission’s recommendations and following several attempts to enforce such legislation, the Romanian Government has recently …
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