Milena Gaidarska
Partner
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Practice Areas
Mrs. Gaidarska has long standing practical expertise in legal searches, elaboration of legal instruments and representation of clients in different areas of business law such as: Real Estate Transactions, Development and Construction, Commercialisation of Retail, Residential and Office Space, Financing and Securitisation of Real Estate Projects, Mergers and Acquisitions, Public Procurement.
Projects
Mrs. Gaidarska individually and as a members of various working groups in Penkov, Markov & Partners has been involved in the provision of legal advice and consultations as well as in the legal representation of clients under the following key projects: Acquisition of title, development and commercialisation: acquisition of ownership over terrains, development and letting retail space in the Commercial Centre “The Mall”; development and commercialisation of Paradise Commercial Centre; acquisition of Iztok AutoService and assistance in connection to the urban and development procedures for the construction of new multifunctional center with residential and office space; acquisition of terrains for the construction of hypermarkets operating under Kaufland chain. Mergers and Restructuring: Acquisition by Immoeast of minority shareholder stake in Ilienci Retail Bazaar and reorganization of the companies from the group; acquisition of minority stake in Familia supermarket’s chain; acquisition of real estate portfolio by Willi Betz Group and bond issue secured by mortgages over real estate properties. With her persistence and qualification Mrs. Gaidarska became a leading expert in the real estate transactions. Court Representation under claims related to real estate properties: Vrana case, instigated by rei vindicatio claim of Simeon Sakskoburggotski; rei vindicatio claim of the Bulgarian Sciences Academy with respect to the terrain on which the head office of Alpha Bank Sofia is located; procurement of terrains and limited rights in rem and servitude rights in connection to the realization of various energy projects of Innovative Wind Concepts GmbH, Legal Due Diligence: Bulgartabac Holding, Bulgarian River Navigation, Navigation Maritime Bulgare, State Insurance Institute, Eurobank, Sofia Business Park, Bulgarian Telecommunication Company, and many others.
Publications
- Is VAT payable when transferring immovable property as liquidation share? PMP Legal News, issue 41 - 42, 2022
- Challenges of Bulgaria’s legal market, Legal 500, 2020
- Legal status of unfinished construction with an expired building permit, PMP Legal News, 2019
- Preferences for Prime Class Investments, Lega InterConsult News, 2004
Amendments to the Labour Code – New Obligations of Employers, Lega InterConsult News, 2004 - The ban on engaging in competition with former employers, Lega InterConsult News, 2005
- Commercial Register Outside the courts – in co-authorship with Vladimir Penkov, Lega InterConsult News, 2006
- Europeans to be Able to Purchase Land in Bulgaria, Lega InterConsult News, 2007
- Specialised Trade Courts, in co-authorship with Vladimir Penkov, Lega InterConsult News
Milena Gaidarska
Partner
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