State Regulations

PM&P has a strong team in the field of state regulations and some of its lawyers have experience as experts in the public administration.

The detailed knowledge of the relevant administrative arrangements is of paramount importance for the successful implementation of projects on part of investors. In the event of lack of explicit legislative provisions and case law, our team makes active efforts to find solutions in discussions with the public administration and to propose explicit texts needed to resolve disputes in various ways, including proposals to amend the legislation.

It is because of the willingness to identify the most effective solution that various experts of PM&P have been invited by ministries and non-governmental organizations, such as the Bulgarian Chamber of Commerce and Industry, the American Chamber of Commerce (AmCham) in Bulgaria and the German Bulgarian Chamber of Industry and Commerce, to take part in various stages of the drafting of the Concessions Act, the Electronic Communications Act, the Renewable Energy Sources Act, the Competition Protection Act, the Companies Register Act, the Commercial Code, taxation laws and numerous other pieces of legislation in all economic sectors.

It goes without saying that PM&P has substantial experience also in the legal representation in litigation and in the appeal of administrative and legislative acts before the administrative authorities and in court.


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“Managing Partner Vladimir Penkov is a “driving force” within the energy sector.“