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Month: March 2022

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  • 2022
  • March

The Bulgarian Supreme Court of Cassation resolved statutory interpretation case on suspension of registration proceedings

The Supreme Court of Cassation has found a court practice to be controversial and has thus initiated a statutory interpretation case on ‘Circumstances a court must examine and take into consideration while hearing claims in proceedings under article 536(1) of

Admin25/03/202225/03/2022

Bulgarian Constitutional Court rules 16-year moratorium on the acquisition by prescription of state and municipal properties unconstitutional

By its Ruling No. 3/24.02.2022 on Constitutional Court Case No. 16/2021, the Bulgarian Constitutional Court declared unconstitutional the provisions of §1(1) of the Law on Supplementing the Property Act (LSPA) (Promulgated in State Gazette No. 46/2006 last supplemented SG No.

Admin25/03/202225/03/2022

Sale of assets in special circumstances during insolvency proceedings

In cases where the assets of an insolvent debtor cannot successfully be sold off in accordance with the standard procedure under article 717 et seq. of the Bulgarian Commerce Act (CA), the insolvency proceedings allow the option of liquidation via

Toma Tomov25/03/202225/03/2022
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