Praised for their ‘remarkable experience in various capital market and banking issues’ Stoeva, Tchompalov & Znepolski advises on facility agreements, project financing, financial transactions as well as delivering advice related to the anti-money laundering directive and counter terrorist financing requirements. Furthermore, the team’s expertise in the insurance sector is highly regarded, and they continue to act in a series of litigation cases. Iordan Tchompalov is a highly reputed name in the capital markets field, and he leads the practice alongside Irina Stoeva, who is experienced in insurance litigation. Further key names in the department are Natalia Yordanova and Peter Znepolski.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Stoeva, Tchompalov & Znepolski are one of the very few Bulgarian law firms that know in depth the capital market law. Iordan Tchompalov is active in the market for more than 20 years and Natalia Yordanova – for nearly 15 years. They both have gained remarkable experience in various capital market and banking issues, not only investment funds but also listed companies specific regulation, disclosure, market abuse.’

  • ‘What distinguishes Natalia from other lawyers I have worked with is that she knows in details not only the administrative procedural law and court practice, but like no other she combines this knowledge and experience with deep understanding of the substantive law and regulatory guidelines applicable to asset managers and investment firms. In addition, I would like to praise Tihomir Todorov and Miroslava Iordanova who are very competent young lawyers with strong theoretical background and eager to learn more and more. ’

  • ‘Stoeva, Tchompalov & Znepolski is a highly reliable firm with very experienced partners who have profound understanding of the issues they are dealing with. There are not so many Bulgarian law firms who know in detail the insurance and finance law, as well as the capital markets regulation. Communication is always quick, clear and concise. They are extremely thorough in their approach and will help you weigh up the pros and cons of taking certain decisions.’

  • ‘Irina Stoeva's expertise in the insurance business, client care and always delivering the needed solutions sets her apart from her peers. Iordan Tchompalov is also a great professional with a problem-solving mindset. I have also worked with Miroslava Iordanova and Tihomir Todorov, who are very professional young lawyers, attentive to detail and keen on finding quick and pragmatic solutions. ’

  • ‘Stoeva, Tchompalov & Znepolski is a small reputable firm, which delivers great results. They are well experienced in securities law and financial transactions. Their fees are acceptable especially for the quality of work delivered. They always meet the deadlines and are easy to work with.’

  • ‘In particular, Iordan Tchompalov understands the financial market. He is a hard-working person with a commercial, practical approach to issues. Natalia Yordanova wins at court most of the cases she is entrusted with against the financial market regulator. In addition, I would like to praise Tihomir Todorov – he is a rising star and of great support to the team and I'm happy to see the firm is growing.’

  • ‘Natalia Yordanova is great in litigations against governmental authorities, especially against the Financial Supervision Commission. She is my contact point with the firm and its is a pleasure communicating with her. In addition, I am very fond of working with Tihomir Todorov and Miroslava Iordanova, who are remarkable lawyers.’

Key clients

  • Eurohold Bulgaria AD
  • Belozem Solar Park 3 OOD
  • Electrohold Sales (Bulgaria)
  • Euroins Insurance Group (Bulgaria)
  • Insurance Company Armeec (Bulgaria)
  • Varengold Bank AG
  • The Bulgarian Association of Insurance Brokers
  • AVUS Bulgaria International Claims Handling
  • AXA (Belgium)
  • SDI Group (the largest Bulgarian insurance broker)
  • Dealing Financial Company AD (Bulgaria)
  • Investment Firm Bulbrokers AD (Bulgaria)
  • EuroFinance Investment Firm (Bulgaria)
  • FFBH Asset Management (Bulgaria)
  • ABV Investments OOD (Bulgaria)
  • Corporex Bulgaria EOOD (Bulgaria)
  • Alteron REIT (Bulgaria)
  • Invest Capital Asset Management EAD (Bulgaria)
  • First Financial Brokerage House (Bulgaria)

Work highlights

  • Advising Eurohold Bulgaria AD and its Dutch subsidiaries regarding a EUR 500m refinancing transaction, which comprises a EUR 460m senior facility agreement and a EUR 65m holdco facility agreement.
  • Advised Belozem Solar Park 2 OOD on a EUR 104m project financing for the construction and operation of a 160 MW photovoltaic power plant in Maglizh Municipality, Bulgaria.
  • Represented AXA Belgium before a Bulgarian court in a claim for compensation brought by the heirs of a Belgian citizen who died in a road accident in Bulgaria.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Iordan Tchompalov, Irina Stoeva

Other key lawyers

Natalia Yordanova, Peter Znepolski, Tihomir Todorov, Miroslava Iordanova