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Asen Apostolov

Attorney at law

 

Practice Аreas

Mr. Apostolov practices in the areas of Corporate and Commercial Law, Banking and Finance Law, M&A, Civil Procedure and Litigation.
He is one of the PMP leading experts in the field of prevention and measures against money laundering and terrorist financing.

Projects

As part of the PMP team Mr. Apostolov has been involved in specialized working groups on matters of Commercial and Contract Law, Banking and Finance Law, Local and Cross-Border M&As and Civil Procedure. He has provided legal assistance and advice in numerous projects in the above-mentioned spheres, has prepared the necessary documentation in relation to the provision of retainer legal services to PMP clients, as he has also been engaged in the preparation of legal opinions, applications, court appeals, evaluations, contracts and corporate documents related to a wide range of assignments.

Mr. Apostolov has also been part of the following significant projects: preparation of due diligence report of ProCredit Bank (Bulgaria) EAD, due diligence report of CEZ, preparation of legal opinions and provision of advice to MoneyGram International SPRL regarding the activity of the payment institution in the Republic of Bulgaria, M&A projects of Teletek Group, two phase financing of Colibra (start-up company No. 1 for 2019), provision of legal advice to 4finance for the purposes of structuring their products in Bulgaria, due diligence of Credissimo, due diligence report of credit portfolio of UniCredit Bulbank in light of its acquisition, acquisitions of Unilink, etc. He is also part of the teams providing legal assistance under projects of BA Glass, Doverie Pension Insurance Company, Arteks Engineering, Industrial Capital, Naturprodukt, Netcredit, etc.

Mr. Apostolov is a leading member of the PMP specialized working group “Measures Against Money Laundering” within which he has provided legal assistance and consultations to many PMP clients, including financial institutions, wholesalers, contracting entities in public procurement, non-profit legal organizations, etc. (Bulgartransgaz, 4finance, Industrial Capital, Zagorka (part of Heineken group), Uber, Mondi Stambolijski, Aurelius Group, MVB Truck and Bus, Volex, KWT Construction, Stihl, Karelia Bulgaria, B&B Hotels, Berlin-Chemie, Boehringer Ingelheim, Peltina, Fresenius, Netcredit, Zlatna Panega, Draeger, Balkanstar, etc.).

He is the PMP leading lecturer in the organized AML/CFT trainings of clients and has participated in various conferences, specialized groups and seminars in this area.
He participates in PMP’s specialized working group for analysis and assessment of the respective factual and legal grounds, preparation of court claim applications and litigation support of RES electricity producers with regard to compensation for paid by them unconstitutional fee for RES electricity production.
Mr. Apostolov has experience in securitization and enforcement proceedings, procedures for appealing legal acts of enforcement agents and collection of overdue receivables from debtors of companies and credit institutions.

Publications

  • Do we already know who the beneficial owner is? (Anti-money laundering), PMP Legal News, 2019
  • Has the secret of the ultimate beneficial owners come to an end? – Utilities magazine, January – February 2019