BANKS AND FINANCIAL INSTITUTIONS

Day-to-day Advising of Banks

ING Bank N.V. - Sofia Branch has been a permanent client of our law firm from the banking sector with a long track record of successful cooperation.
Our work with ING Bank N.V. – Sofia Branch started with preparation of all documents and representation of the bank in the procedure of its registration as an investment intermediary with the Financial Supervision Commission.
We collaborated to the Securities Department of the bank while drafting SPO prospecti for bond issues of bank clients initially placed with the bank which were designed to be accepted for trade at Bulgarian Stock Exchange-Sofia. Furthermore, we represented the issuers at the Financial Supervision Commission with respect to approval of the prospecti.
In 2007 we accomplished a complete survey of the bank activity as an investment intermediary in relation to the implementation of the provisions of Directive 2004/39/ EC on Markets in Financial Instruments (MiFID) into Bulgarian legislation and advised the relevant amendments of the bank sample documents in compliance with the new legal provisions.
Apart from providing legal support to ING Bank N.V.-Sofia Branch investment services we have been regularly advising the bank on a series of cases in reference to providing credit facilities and other issues. We also  represent the bank in litigation, security and execution cases.
Our law firm has also been consulting on a permanent basis Unicredit Bulbank Jsc. The scope of the rendered services covers representation in  litigation with respect to crediting issues and execution on collateral as well as real estate and other related cases.   
The law firm has been providing legal counsel in relation to intricate problems and particular projects and representation in litigation of Raiffeisenbank Bulgaria Jsc., United Bulgarian Bank Jsc., Commercial Bank D Jsc., NLB Bank Sofia Jsc., Alphabank Bulgaria Jsc. and other local banking institutions.

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