CMS

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CMS is well positioned to advise on cross-border matters, and the team is frequently involved in high-profile cross-border transactions, where it draws on its knowledge of English and German law to coordinate international deals out of Bulgaria. The firm has considerable experience representing clients on both the borrower and lender side of deals, and counts international financial institutions, commercial banks, private equity firms and fintech companies among its regular clients. The team is led by Gentscho Pavlov and Dimitar Zwiatkow, who specialise in advising banking M&A transactions and large-scale portfolio transactions, and Elitsa Ivanova, who is a dual qualified Bulgarian and English lawyer and routinely advises on cross-border mandates. Further strengthening the team is head of capital markets Katya Todorova and finance expert Ivan Gergov, who made partner in July 2023. In February 2024, Konstantin Altandzhiyski joined from Wolf Theiss.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Highest professional standard applied consistently by team on the ground.'
  • 'Quick access to specialised knowledge and expertise.'
  • 'Very strong customer relationship.'
  • 'Consistently demonstrating quality and highest professional standard.'
  • 'Partner availability and engagement is outstanding.'

Key clients

  • Atradius Collections
  • B2Holding
  • DSK Bank
  • Erste Bank der österreichischen Sparkassen AG
  • UniCredit S.p.A.

Work highlights

  • Advising B2 Holding ASA, a leading pan-European debt company, on a number of structuring and servicing issues, related to a financing in the form of issuance of senior notes.
  • Advising Erste Bank der österreichischen Sparkassen AG in connection with the EUR 47 million financing of a shopping mall located in Sofia.
  • Advising Atradius Collections BV, a Netherlands-based debt collection services company, on the acquisition of the Bulgarian subsidiary of Pro Kolekt, a Slovenian-based debt collection company.

Lawyers

Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Katya Todorova
Senior Associate, Head of Capital Markets
Konstantin Altandzhiyski
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Elitsa Ivanova
Partner
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Dimitar Zwiatkow
Partner, CMS Sofia
Ivan Gergov
Senior Associate, CMS Sofia 2014 joined CMS Sofia Previous experience includes other international law firms and 2 investment banks.

Practice head

The lawyer(s) leading their teams.

Elitsa Ivanova, Gentscho Pavlov, Dimitar Zwiatkow

Other key lawyers

Katya Todorova, Ivan Gergov, Konstantin Altandzhiyski