Tocheva & Mandazhieva Law Office

Established in 2004 as a boutique law firm initially focused on advising and representing clients in the financial industry and real estate & construction sector, the T&M Law Office has expanded to offer advice to Bulgarian and foreign corporate clients on all range of Bulgarian legal issues. The T&M Law Office is not among the largest Bulgarian law firms, however, it has been widely recognised and respected for its quality, integrity and business friendly, flexible solutions.

The firm’s list of clients includes major foreign investors such as Tishman in its real estate development and construction projects in Bulgaria, RWE Power AG in the country’s largest energy project for the Belene nuclear power plant, Artio Global Investment Fund, Tradeville SA, etc. At the same time, the firm continues to be a benchmark in offering legal advice in the capital markets/financial services field and to represent a large part of the financial industry players. T&M has been the pioneer in providing the legal framework for many new products on the Bulgarian financial market and advises firms wanting to enter the market for the first time as well as established players.

Our Team

tanaya tocheva

Tanya Tocheva
Partner

encho dinev

Encho Dinev
Partner

Даяна Славева

Dayana Slaveva
Associate

Georgi Traikov

Georgi Traikov
Associate


Nevena Yaneva
Associate


Valeria Nikolova
Associate

Polina Slavova

Polina Slavova
Junior Associate


Stefan Sokolov
Junior Associate

Latest News and Publicatians

Blockchain economy, Istanbul summit

On 20 February, Dimitar Kaldamukov will be speaking at the first big world blockchain event for the year - the Istanbul Blockchain economy summit - https://www.blockchaineconomy.istanbul/EN/index.html. Come and check out the newest trends. It will be massive.  
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Artificial intelligence – a cross-over between philosophy, technology and the law

The Ethical Guidelines for Reliable Artificial Intelligence of the European Commission are a starting point for the creation of an appropriate regulatory framework Zhulieta Mandazhieva, Attorney-at-Law The draft Ethical Guidelines for Trustworthy AI ("the Guidelines") were published for discussion in December 2018 by the High-Level Expert Group on the issues of Artificial Intelligence ("AI") to the European Commission. The final version of the Guidelines will be adopted in March 2019, and two months later – in May – the adoption of a policy and investment recommendations on the question of AI is expected; they will outline in
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Real Estate guide 2019

T&M is proud to announce that our Real Estate team, Tanya Tocheva, Encho Dinev and Stanimira Hristova took part at the overview of the real estate issues that may occur in Bulgaria provided by The Legal 500 & The In-House Lawyer. The guide is part of the global guide to Real Estate and it is now available to download on our website Real Estate Guide 2019 and http://www.inhouselawyer.co.uk/.  
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Protection of the trade secret of companies – how to prevent unauthorised disclosure by employees and / or management / supervisory bodies

In the beginning of January 2019, a bill for the protection of trade secrets was submitted to the Parliament. It implements a Directive (ЕU) 2016/943 of the European parliament and of the Council of 8 June 2016 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure. The law will allow stricter pre-negotiation of engagements with key employees, and the envisaged claims will allow for more effective and timely justice in this area. The bill highlights the following: 1. The general concept of "trade secret" is legally defined as
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Limiting contract liability and liquidated damages

Limiting contract liability and liquidated damages Tanya Tocheva, Attorney at Law at Tocheva and Mandazhieva Law office Its purpose is to provide the parties with a preliminary security regarding the amount of the eventual loss. This question, though seemingly trivial, is inevitably raised in terms of business transactions when the budgeting of the whole transaction is a clear priority. Even though the Bulgarian participants in the turnover are not always willing to spare resources and negotiate on this matter, the foreign investors always bring it up as an important topic for discussion during the negotiations on various
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More clients or less expenses…..

More clients or less expenses: time for making decisions for invesment intermediaries Zhulieta Mandazhieva, Tocheva and Mandazhieva, 19.06.2005 Investment intermediaries have to face some tough decisions after the latest amendments to the Public Offering of Securities Act (POSA) and Regulation No1 regarding the requirements to investment intermediaries (Regulation No1). On the one hand, all such companies will have to be re-licensed and to declare a new line of business both in their statutes and in their general conditions. On the other hand, they will have to find, by September 18, someone with “more than three years of experience
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Labels are speaking

Labels are speaking 25.10.2011, Georgi Traikov, Associate at Tocheva & Mandazhieva Law office Before buying of certain textile product (an official suit, blouse, and trousers) more of the consumers are interested in certain information, related to this product – for example what the product is made from, manner of exploitation, etc. In this regards the offering of such products is related to the respective requirements for the manner and volume of the information provided to the consumer, as the observing of these requirements is subject to control by the Consumer's Protection Commission ("CPC"). Major source of information
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Dual listings, or what should companies expect from two stock exchanges

Dual listings, or what should companies expect from two stock exchanges Zhulieta Mandazhieva, Dnevnik newspaper, 16.06.2010 Oftentimes in 2008, we heard from players on the stock exchange that the Bulgarian market simply does not have enough quality companies. This grievance still holds, to some extent, but what would happen if, instead, Bulgarian companies complain that there is not enough quality stock exchange happening here and start searching for alternatives? During the short bloom of the Bulgarian stock exchange, every company that wanted to throw off the restraints of the family/friendly business model and search for fresh capital from
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