Privatization

Lawyers from GUGUSHEV&PARTNERS have participated in most of the large privatization deals in the Republic of Bulgaria for the last three years – the privatization of Bulgartabac Holding AD, Plovdiv City Transport, Bulgarian Telecommunication Company, hospitals.

The team of GUGUSHEV&PARTNERS has experience and advices its clients on:

• drafting and negotiation on privatization contracts;
• legal due diligence with regard to the companies subject to privatization;
• advice on application and interpretation of the Privatization and Postprivatization Control Act;
• advice on the State Aid Act upon completion of the privatization;
• negotiations and advice on the consequences of the privatization process and the legal obligations of the clients after signing the privatization contract;
• later consultations on application and observation of the privatization contract;
• elaboration of schemes for appropriate privatization of state companies, as well as participation in working groups for changes in the legislation in relation to the privatization process;
• analyses of the legal framework related to the privatization process.