Picture of Nevena Radlova

Nevena Radlova

Senior Associate
Head of Competition and IP

CMS Sofia
Landmark Centre
14 Tzar Osvoboditel Blvd
1000 Sofia
Bulgaria
Languages Bulgarian, English, Russian, German
Commercial

Nevena Radlova is a senior associate in the Commercial Team at CMS Sofia. She also heads the Competition and Intellectual Property Practice.  

She specialises in competition and IP and has significant experience in advising clients on general commercial law matters such as distribution, franchising and other types of business agreements, as well as in advising clients on regulatory matters, licensing, data protection.  

Nevena is also experienced in merger control and merger clearance, anti-trust and compliance matters. She provides competition advice to clients on their marketing and advertising campaigns, review of commercial contracts and structures from competition law perspective, possible abuse of dominant position, unfair competition.

Nevena graduated with an LLM from the Sofia University Faculty of Law in 2004. She has been a member of the Sofia Bar since 2006. 

Nevena has been awarded a Practice Diploma in International Anti-Trust Law by the International Bar Association and the College of Law of England and Wales.

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Relevant experience

  • A major international life insurance group on the acquisition of a competitor (advising on the Bulgarian angle of the transaction); and on a key global restructuring project of the company’s expanded business with a view of the Solvency II requirements.
  • Two major multinational brand owners concerning cases of unauthorised import in Bulgaria of decoded products by a parallel importer and the related IP infringement and consumer protection issues. CMS won both cases at the Supreme Cassation Court of Bulgaria.
  • A global leader in the IT sector on the termination of their relationship with a local distributor and on all implications of the termination, including litigation matters and the final settlement of the case.  Our work included advice in respect of the distributor’s threatened claim for abuse of dominance; advice with respect to the client’s bidding process for public and private tenders and the relevant relationships with its distributors; avoiding anti-competitive practices such as discriminatory pricing and margin squeeze. 
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Education

  • 2004 - LL.M., University of Sofia
  • 2009 - Practice Diploma in International Anti-Trust Law,
  • International Bar Association and the College of Law of England and Wales
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Memberships

  • Member, Sofia Bar Association
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Publications

  • Nevena is the author of the chapter on Bulgaria in the International Insurance Law and Regulation, edited by the Center for International Legal Studies in Salzburg, Austria.
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Competition

Nevena Radlova is a senior associate experienced in merger control and merger clearance, general competition and compliance matters.

She provides competition advice to clients with regard to their marketing and advertising campaigns, review of commercial contracts and structures from competition law perspective, possible abuse of dominant position, unfair competition.

Nevena has advised clients from a variety of sectors including energy, consumer products and retail, TMC, life sciences & healthcare, insurance etc. Nevena has represented clients before the Bulgarian Competition Commission on various merger control procedures and a few cases concerning alleged infringement of competition rules.

In relation to IP law, Nevena advises clients on trade mark registration, licensing and trade mark infringement matters, registration and protection of domain names, structuring of projects with a view of copyright creation and assignment, and customs seizure of counterfeit goods. 

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Relevant experience

  • A global leader in prepaid corporate services and food vouchers in a transaction in which they joined forces with one of their major competitors to create a joint venture and become the leader in the Bulgarian Employee Benefits and Incentive and Rewards markets. The merger clearance procedure completed successfully for our client.
  • A leading agriculture company in relation to developing a customer loyalty programme and the competition law aspects thereof.
  • Assessing the merger clearance aspect of various projects, the most recent of which include: (i) a potential acquisition of a local manufacturer with business also in other CEE countries; and (ii) a potential acquisition of a portfolio of receivables.
  • An international chain of fast food restaurants with respect to providing IP and competition advice on a domain name and trade mark infringement dispute (cybersquatting, i.e. unauthorized registration and use of a domain name with bad faith intent to profit from the goodwill of a usually well-known trademark belonging to another).
  • Two major multinational brand owners concerning cases of unauthorised import in Bulgaria of decoded products by a parallel importer and the related IP infringement and consumer protection issues.
  • An airline company on winning back a cybersquatted domain name.  
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Education

  • 2004 - LL.M., University of Sofia
  • 2009 - Practice Diploma in International Anti-Trust Law,
  • International Bar Association and the College of Law of England and Wales
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Memberships

  • Member, Sofia Bar Association
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Publications

  • Nevena is the author of the chapter on Bulgaria in the International Insurance Law and Regulation, edited by the Center for International Legal Studies in Salzburg, Austria.
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Insurance

Nevena Radlova is a senior associate with significant experience in insurance law.

She has been advising clients in the insurance sector from 2005, when Nevena was involved in advising insurers on regulatory matters, policy drafting, general commercial matters and claims handling (including claims relation to third party liability in international road traffic accidents; property insurance). 

Since joining CMS in late 2008, Nevena has continued to focus on the insurance market and developing the insurance practice of the Sofia office. 

One of the major and complex cases Nevena was involved in, is representing a major insurance company under an Airport Owner and Operator Legal Liability Insurance in relation to an accident at a Bulgarian Airport.  

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Relevant experience

  • A major German insurance company under an Airport Owner and Operator Legal Liability Insurance in relation to an accident at a Bulgarian Airport. 
  • A global life insurer on a cross-border merger project including the incorporation of a local branch in Bulgaria under the freedom of establishment. As part of the same project we advised the insurer on the incorporation of an outsourcing company to manage their JV insurer for bankassurance, and other structuring, governance and organizational aspects.
  • A general insurer on the regulatory procedures or requirements associated with “withdrawing” from (ceasing to underwrite) a line of insurance; portfolio transfer; license revocation matters.
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Education

  • 2004 - LL.M., University of Sofia
  • 2009 - Practice Diploma in International Anti-Trust Law,
  • International Bar Association and the College of Law of England and Wales
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Memberships

  • Member, Sofia Bar Association
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Publications

  • Nevena is the author of the chapter on Bulgaria in the International Insurance Law and Regulation, edited by the Center for International Legal Studies in Salzburg, Austria.
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24/10/2018
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On 11 Oc­to­ber 2018, a new bill on amend­ing and sup­ple­ment­ing the Bul­gari­an In­sur­ance Code was sub­mit­ted to par­lia­ment. When passed, the Bill will im­ple­ment EU Dir­ect­ive 2016/97 on in­sur­ance dis­tri­bu­tion (“IDD”).
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Pub­lic dis­cus­sions now un­der­way for the Per­son­al Data Pro­tec­tion Act...
On 30 April 2018, the Coun­cil of Min­is­ters launched pub­lic con­sulta­tions for amend­ments and sup­ple­ments to the Per­son­al Data Pro­tec­tion Act (“Bill”). The Bill can be viewed at this link, and out­lines the re­quire­ments for im­ple­ment­a­tion of the Gen­er­al Data.
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The Bul­gari­an com­pet­i­tion watch­dog to launch sec­tor ana­lys­is of the...
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14/10/2016
The CPC Opened Pro­ceed­ings against nine In­sur­ance Com­pan­ies for Al­leged...
On 1 Septem­ber 2016 the Bul­gari­an Com­mis­sion for the Pro­tec­tion of Com­pet­i­tion (“CPC”) is­sued a de­cision stat­ing its con­clu­sions drawn from the sec­tor ana­lys­is of the com­pet­it­ive en­vir­on­ment in the in­sur­ance sec­tor in Bul­garia in the peri­od 2010-2014.
14/10/2016
Bul­garia: Six fuel com­pan­ies ac­cused of form­ing a price-fix­ing car­tel
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17/08/2016
Bul­gari­an Re­new­able En­ergy Sup­port Scheme ap­proved by the EC Fol­low­ing...
The European Com­mis­sion (EC) has re­cently ap­proved that Bul­gari­an state aid sup­port­ing the gen­er­a­tion of en­ergy from re­new­able sources (RES) from 2011 is com­pat­ible with the in­tern­al mar­ket.   The of­fi­cial an­nounce­ment will fol­low shortly upon the com­ple­tion.
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Bul­garia: Stress tests for in­surers by the end of 2016
Pro­posed amend­ments to the Re­cov­ery and Re­struc­tur­ing of Cred­it In­sti­tu­tions and In­vest­ment In­ter­me­di­ar­ies Act, ef­fect­ive as of 14 Au­gust 2015 (“Re­cov­ery and Re­struc­tur­ings Act”) provide that stress tests should be car­ried out for in­surers and re­in­surers.