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CMS Successful for Eco Energy Management on Regulatory Decision Repeal

CMS Successful for Eco Energy Management on Regulatory Decision Repeal

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CMS Sofia has successfully convinced Bulgaria's Supreme Administrative Court to repeal a regulatory decision by the Bulgarian Energy and Water Regulatory Commission in favor of biomass producer Eco Energy Management Ltd.

Following two years of litigation, the Supreme Administrative Court issued its final decision repealing the refusal of Energy and Water Regulatory Commission (EWRC) to review the application of the electricity producer for amendment of the Feed-In Tariff (FiT). 

According to CMS, this is a landmark decision for the court, as in has previously held that the EWRC is not obliged to review applications of electricity companies. The EWRC is expected to undertake the necessary actions and review the application for price amendment.

The CMS team consisted of Partner Kostadin Sirleshtov and Senior Associate Maria Lazarova. 

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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