
The banking and finance team at Wolf Theiss has a notable emphasis on large cross-border financing projects, restructuring projects and the digitalisation of financial services. The group is recognised for its capabilities in acquisitions, market entry, compliance and licensing. Katerina Kraeva co-leads the department, and is a reference in the market for lenders and borrowers seeking advice on acquisition and project finance, as well as financial restructurings. Practice co-head Richard Clegg stands out for his work in acquisitions in the financial sector.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'We value Wolf Theiss for their stellar market knowledge and ability to translate legal expertise into practical, business-focused solutions. They take the time to understand our business, are always accessible and consistently engage with us in a way that feels like a true partnership. Their advice is not only technically strong but also aligned with our strategic objectives, which gives us confidence in even the most complex situations.'
- 'Katerina Kraeva stands out as an exceptional partner who combines deep legal expertise with outstanding client engagement. She has an impressive ability to anticipate issues, explain complex matters with clarity and guide us toward solutions that are both legally sound and commercially effective. What we value most is her responsiveness, practical mindset and the personal commitment she brings to every matter. Compared with competitors, she is more hands-on, proactive and genuinely invested in our success, which makes her a trusted advisor and a pleasure to work with.'
- 'The team has a big know-how, involves lawyers with appropriate knowledge and experience, ready to offer the requested legal work in high quality and in a short time frame.'
- 'Has great expertise, always available, reacts quickly, helps to understand legal issues and provides quick and appropriate answers to arisen issues.'
- 'Katerina Kraeva is an exceptional professional.'
Key clients
- Bravo Property Fund
- Sofia South Ring Mall
- UniCredit Bulbank
- Lion's Head Investments
- Renalfa, Tenevo Solar Technologies
- Belozem Solar Park
- MET Group
- Fortress Investment Group
- MyPos
- Sofia Airport
- Atradius Crédito y Caución S.A. de Seguros y Reaseguros
Work highlights
Assisting UniCredit Bulbank AD with the Bulgarian aspects of a €160m synthetic securitisation instrument with an institutional investor.
Advising Sofia South Ring Mall on its €79m cross-border refinancing involving lenders from Bulgaria, Greece, and Luxembourg.
Advised DSK Bank and OTP Bank on the €88m financing of Bravo Sky, a flagship sustainable commercial development in Sofia.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head
Katerina Kraeva; Richard Clegg
