Liliya Tsoncheva

Variable Capital Company: A Flexible Legal Structure for Investments in Small and Growing Businesses

The Variable Capital Company (VCC) is a new type of corporate form introduced into Bulgarian commercial law, designed to provide a more flexible structure for small enterprises and investment participation. It may be incorporated by one or more individuals or legal entities, and the company is liable to its creditors only with its own assets. 1. Why the […]

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CJEU Case C-395/23 (Anikovi): Cross-Border Jurisdiction and the Interaction Between EU Law and International Agreements

CJEU Case C-395/23 (Anikovi): Cross-Border Jurisdiction and the Interaction Between EU Law and International Agreements Attorney-at-law Liliya Tsoncheva participated as legal counsel in Case C-395/23 (Anikovi) before the Court of Justice of the European Union. The judgment provides important guidance on cross-border legal relations involving parental responsibility, the protection of minors’ assets and the interaction

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LT Law Bulgaria Advises Quendoo on Two Funding Rounds

LT Law Bulgaria advised the innovative hotel and vacation property management platform Quendoo on two successful funding rounds, supporting the company’s growth and expansion in Bulgaria’s fast-growing tech and hospitality industry. In the first round, Quendoo secured €750,000 from Vitosha Venture Partners. The second round raised over €1 million, led by Capital Investments Fund (CIFund),

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LT Law Bulgaria Advised Bulsatcom on €80 Million Financial and Operational Restructuring

Attorneys-at-law Liliya Tsontcheva and Gergina Kyoseva advised Bulsatcom EAD, Bulgaria’s largest TV and satellite operator, on a comprehensive financial and operational restructuring under Bulgarian law. The transaction included the restructuring of an €80 million syndicated bank facility, converting part of the debt into equity for Bulsatcom’s existing lenders, including London-based Blantyre Capital Limited, the European Bank for Reconstruction and Development (EBRD), and the Bulgarian

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