Penkov, Markov & Partners is one of the leading law firms providing premium counseling services and legal representation.
It was not long after its establishment in 1990, right after the democratic changes in the country, that the four founders realised that clients needed comprehensive legal services with a practical focus, rooted in their vast experience in all areas of business law and tailored to their specific circumstances.
This proved to be the comparative advantage over the competitors.
The establishment of free market relations gradually led to the formation of working groups in the different areas of law that are now included in our fields of activity.
Since the establishment of the law firm, our achievements have been the very reason why we are among the leaders in the market of legal services, setting an example for many other Bulgarian law firms.
The rich history of Penkov, Markov & Partners is rooted in the long-standing culture and traditions of our firm – full dedication to our clients, as well as to the provision of quality legal services in the field of investment and business.
PM&P provides comprehensive services in this field of law to small and medium-sized enterprises, as well as to large national and international corporations from all industries. Our services cover the incorporation of companies, mergers and acquisitions, restructuring – all fields in which PM&P is one of the leading law firms, with its team boasting extensive and long-standing experience. In recent times, operating and finance leases, as well as bankruptcy, investment management, antitrust and consumer protection, administrative regulations and licensing, public procurement and trademark protection have been playing an increasingly pivotal role in our counseling services for companies. We also place special emphasis on issues relating to the insurance of our clients’ movable and immovable assets.
Our experience at PM&P shows that in many cases, in addition to transactions, real estate investments are linked to the implementation of various large-scale projects. This includes the different phases of development, planning and design, all the way to the completion of the actual construction. The advice we provide cover complex administrative procedures, dealings with regulatory authorities and project management. Our team provides comprehensive legal services – from the drafting of a letter of intent, the choosing of the most appropriate financial and legal structure, the drafting of construction and delivery contracts, all the way to the preparation of the title deeds themselves and carrying out the necessary registrations.
PM&P provides a wide range of services in the field of employment law and the related social security and tax matters, including the restructuring of enterprises, temporary employment, drafting of specific clauses in management contracts, the creation of digital employee files, including in relation to participation in various schemes for additional pension insurance, additional bonuses and stimuli, collective employment bargaining, mass redundancies, relocation of foreigners in Bulgaria and the related choices of most appropriate procedures for issuance of working and residence permits.
Litigation and arbitration are an important part of the services we provide where the legal relationship calls for it. Our high success rate in pursuing cases, often complicated by the absence of a harmonized judicial practice in this country, not only brings to light the high professionalism of our lawyers, but also their commitment and ability to organize themselves. The PM&P lawyers also have long-standing experience in international commercial arbitration which benefits our clients.
The PM&P team has a long track record of creating winning strategies to protect and manage intellectual property rights. The respect of intellectual property rights allows businesses to grow more efficiently, to build their own identity and take leading market positions. Our services cover the full range of intellectual property works such as trademarks and designs, geographical indications, patents for inventions, utility models, copyright and related rights, protection of know-how, trade secrets, domains. PM&P provides representation before the Patent Office of the Republic of Bulgaria, the European Union Intellectual Property Office (EUIPO), the World Intellectual Property Organization (WIPO).
