Velchev & Co has helped Iris Solutions OOD obtain a payment institution license from the Bulgarian National Bank.
“What we are seeing lately is a fragmentation of the legal market, as well as intensifying competition,” says Peter Petrov, Partner at Boyanov & Co. in Bulgaria. “While no major players have entered or exited the market, there have been moves between legal teams, as well as existing teams developing new expertise.”
It has been over a year since the European Union’s General Data Protection Regulation became mandatory across Europe, marking a seismic shift in the way that companies collect, process, and handle personal data. Countries across the European Union and beyond have adapted their national laws to meet the requirements of the GDPR – with many introducing local derogations as permitted by the GDPR.
At the end of April, 2019, Sopharma Trading announced the creation of “SOinventure” – a corporate acceleration program in the field of health-tech, organized in partnership with Bulgarian investment fund Eleven Ventures. We decided to ask Mr. Ivaylo Simov, Partner at Eleven Ventures, and Mr. Dimitar Dimitrov, CEO of Sopharma Trading, three questions about the development of the alliance between healthcare and new technology, and we added our experience-based opinion to their answers.
DGKV and Greenberg Traurig have advised QuickBase Inc., backed by Vista Equity Partners, on its acquisition of CloudPipes Group Ltd. Tokushev & Partners and Orrick, Herrington & Sutcliffe advised CloudPipes and the company's sellers — four institutional investors, three founders, and four employees — on the deal.