Ivanov & Yonkova Law Firm

For Ivanov & Yonkova Law Firm

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Overview

$100 - $149/hr

Avg Hourly Rate

2 - 9

Employees

2019

Year Founded

ABOUT IVANOV & YONKOVA LAW FIRM

competent legal advisory services in Bulgaria

Ivanov & Yonkova Law Firm is a well-regarded legal practice in Bulgaria that offers top-notch legal advice and litigation services tailored for corporate clients, particularly small and medium-sized enterprises. The firm specializes in areas such as mergers and acquisitions, IT law, taxation, employment law, dispute resolution, real estate, and contracts. Founded in 2019, we base our business on principles of impeccable integrity, accountability, professionalism, and a commitment to our clients' legal needs. We adopt a positive and proactive approach in addressing the cases and challenges faced by our clients. Our goal is to foster long-lasting, strong, and mutually beneficial partnerships with our associates.

Languages Spoken

English

HIGHLIGHTS

$100 - $149/hr

Avg Hourly Rate

2 - 9

Employees

2019

Year Founded

Services

Focus

Industries

Clients

Services Provided

69% Legal Services

16% Business Consulting Services

15% Tax Consulting

Portfolio

Collection of receivables

Project Planning and management OOD

We were retained by our client, Project Planning and Management OOD, in a dispute with Plovdiv Municipality regarding the collection of receivables. Both parties had entered into a contract for a significant project aimed at modernizing and socializing the Maritza riverbed in the city of Plovdiv. Our client met all its contractual obligations; however, it was unable to receive the complete payment owed because the final disbursement was contingent on approval from the environmental authorities (RIOSV and the Ministry of the Environment and Water). Even after 2-3 years following the project's completion, the required administrative approvals were still lacking. Consequently, we initiated legal action against Plovdiv Municipality, successfully demonstrating that the ongoing absence of final project approval from the relevant authorities was solely due to the inaction of Plovdiv Municipality. The court agreed with our position that it was unfair for our client to suffer from this inaction and be unable to collect all the payments due under the contract, ultimately ruling entirely in favor of our client.

Merger of companies

K and S OOD

At the request of our clients K and S OOD and Energy Development OOD, we completed the entire process for the merger of K and S OOD into Energy Development OOD, submitting the necessary documentation to the Bulgarian Commercial Register and the Register for Non-profit Organizations. This merger was undertaken to enhance efficiency and reduce the expenses associated with managing both companies.

Acquisition of Wind power plant

Opes 94 EOOD

At the request of our client, PST Energy OOD, we provided legal advisory services throughout the entire process of acquiring 100% of the share capital of another company, Opes 94 EOOD. The primary objective of this transaction was to obtain a wind power turbine owned by Opes 94 EOOD. By acquiring the shares of Opes 94 EOOD, our client effectively acquired the wind power turbine as well. Prior to the actual purchase of the shares, we conducted a due diligence assessment of Opes 94 EOOD to determine its true financial status.