25
Thu, Apr
38 New Articles

CMS Successful for Eco Energy Management on Regulatory Decision Repeal

CMS Successful for Eco Energy Management on Regulatory Decision Repeal

Bulgaria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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. 

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.