icon_arrow_bulky icon_arrow_thin icon_blog icon_bookmark icon_calendar icon_chevron_closed icon_chevron_open icon_close icon_comment icon_document icon_download icon_eguide icon_globe icon_lawnow icon_regzone icon_linkedin icon_list icon_location icon_mail icon_menu icon_news icon_newsletter icon_phone icon_pin icon_print icon_reply icon_retweet icon_search icon_share icon_share_alt icon_star icon_target icon_thumbs_up icon_twitter icon_upload icon_user_card icon_users icon_xing icon_youtube icon_blog icon_facebook

Our people

Our cross-border teams understand the details of your business and the environment you work in.

Show Bulgarian team Show all people

Expertise

Show results

Sub-Expertise

Locations

Show results

Jurisdiction / Region

  • Loading...

More information

Expertise

Newsletters

SUBSCRIBE TO OUR NEWSLETTERS

CMS Worldwide

Selected jurisdiction

Types

Latest news

Press contact

Types

Recommended

Latest

Jurisdiction

Topics

Types

Next Events

Calendar

CMS on LinkedIn

Follow us

Insolvency & Restructuring Lawyers

There are a number of possible reasons for an impending bankruptcy or a restructuring and the spectrum of legal remedies in this field is equally wide: employment law, commercial, distressed M&A, company law, property and construction law, insolvency and tax law, to name but a few.

Although your company may be struggling in the face of falling demand, powerful competitors and mounting payment obligations, there are many cases where bankruptcy can be avoided. That is the primary goal of our advisory services: re-alignment, not bankruptcy.

We have many years of experience advising on restructuring and bankruptcy cases. Using this experience, we can guide you safely through all of the stages of restructuring. But even in the case of a bankruptcy, we are of course there to advise and support you. We believe that in such cases, our main responsibilities lie in the flawless preparation of an orderly bankruptcy, in assessing the obligation to file and its justification, in drafting the bankruptcy filing and the restructuring plan, in enforcing the rights of creditors or creditor groups during bankruptcy proceedings or in representation on the creditors' committee as well as in negotiating business continuation agreements with the bankruptcy administrator.

The range of our activities includes designing a socially acceptable redundancy plan, advising on the contractual protection of business partners in case of bankruptcy, advising on the purchase of at-risk companies, on the purchase and sale of distressed assets, on the limitation of liability risks for senior management and supervisory board members as well as on tax-relevant restructuring solutions.

Read more Read less
 
Language spoken




Level


Veliko Savov
Veliko Savov
Seni­or As­so­ci­ate
Head of TMC Group, Head of Hotels & Leisure Sector Group
Bulgaria, Sofia
Veliko Savov is a Senior Associate in the Corporate Department of CMS Sofia.  Veliko specialises in company and commercial law and has interests in foreign direct investments. He has experience in m...
Picture of Desislava Anastasova
Desislava Anastasova
As­so­ci­ate
Attorney-at-Law
Bulgaria, Sofia
Desislava Anastasova has particular experience in the fields of commercial and contract law, successfully advising clients in key areas of their operative business.
Deyan Draguiev
Deyan Draguiev
As­so­ci­ate
Bulgaria, Sofia
Deyan is an Associate in the Litigation Arbitration Insurance Employment (LAIE) department of Sofia office. He is experienced in litigation, competition and compliance matters. He has acted for both...