Parallel imports (sometimes referred to as “gray market goods”) refer to branded non-counterfeit goods that are imported and sold on a particular market without the consent of the trademark owner. The issue of “parallel import” arises in connection with the legal concept of “exhaustion of IP rights”.
Milan Lomic is the General Counsel Adria & Balkan at L’Oreal, a company that he joined in October 2012. Prior to that he worked for Metro Cash & Carry as a Legal Advisor and Antitrust Officer. He has also worked as a Legal Advisor at Unicredit Bank Serbia and as an Assistant to the Judge at the Fifth Municipal Court in Belgrade.
Comprehensive Review in Bulgaria
Hristo Nihrizov, Partner at Dimitrov, Petrov & Co., reported that the Bulgarian TV and radio markets are dominated by three big, established operators in the country. There are some new international players (e.g., Bloomberg recently launched a new business-oriented channel with a local partner), but Nihrizov noted that these new channels usually face an uphill battle in carving out market share and generally focus instead on niche markets. Overall, though, he pointed to a growing number of channels in the country, “which is good for the consumers.”
Schoenherr is reporting that, on September 30, 2016, Michael Lagler was elected as the new Managing Partner at the firm, where he will take over from Christoph Lindinger, who has led the Central and Eastern European law firm for the past 16 years. Lagler's term will begin at the start of the firm’s next fiscal year, on February 1, 2017.
"The overall situation in the country — political, financial, social, and so on, which largely determines business (and thus our business)", says Sergey Penev, the Managing Partner of Penev LLP, "may be considered ‘terrible’ for much of Europe, but in Bulgaria it’s pretty stable." The country is in the top 3 or 4 in terms of GDP to debt radio, he says, suggesting that in fact things are not as bad as some claim.
Dentons has advised Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors, on the EUR 170 million sale of a 100% stake in the Scitec Nutrition sports nutrition producer, to Ascendis Health, a South African publicity listed health and care brands company. Ascendis Health was advised by Wolf Theiss.
Georgiev, Todorov & Co. (GTC), working with Sidley Austin, has successfully represented the Russian company Atomstroyexport in a dispute with the Bulgarian National Electric Company (NEC) before a three-member panel of the International Court of Arbitration at the International Chamber of Commerce in Geneva involving the Belene nuclear power plant. NEC was represented by White & Case.
Richard Clegg is a Partner at Wolf Theiss, based in Sofia, working throughout CEE/SEE.
A corporate and regulatory lawyer, he has particular specialization in the telecommunications, technology, and regulated industries and advises on transaction, regulatory, and compliance matters, often in sensitive or challenging circumstances.