With a full-service transportation law department of experienced transportation attorneys, D. Vladimirov & Partners is a professional law office in solving the legal problems of transportation companies, logistics providers, and their customers.
Our transportation attorneys have gained wide experience as well as international recognition for their in-depth knowledge and broad experience in serving the changing and dynamic fields of transportation and business logistics.
Transport law, involving shipping by land, sea or air, is the expression of trade par excellence. It is governed by regulation and case law which are in constant evolution.
Short periods of limitation which require rapid action, the application of national rules combined with international conventions, capped damages… – transport and logistics law have numerous specificities.
Our scope of activities in transport law
The firm’s transportation experience dates, when the core members of the transportation law group began practicing with specialty law firms representing the transportation industry.
Facing new challenges, both the industry and our attorneys have expanded and changed. Industry concerns moved from rate regulation, entry control, and a totally organized workforce to free entry and competitive logistics, and a diverse pool of labor and employment options.
The law office serves to international clients include carriers, shippers, freight forwarders, brokers and logistics companies.
Our transportation attorneys serve clients in the following areas:
Represent carriers and shippers in disputes involving local and international transportation rules.
Prepare and review transportation contracts, logistics agreements, equipment leases, independent contractor agreements, shipping documents, rate tariffs and carrier interchange agreements
Defend carriers in regulatory enforcement actions and transportation claims for damages
Represent local and international carrier in collective bargaining, union representation proceedings, arbitration, drafting of policies & procedures;
Investigate transportation accidents on an expedited basis and prepare for the defense or resolution of claims
Represent carriers in the buying, selling or leasing of terminal facilities, including any related environmental issues
Handle defense of workers compensation claims for transportation companies
Prepare and review benefit plans to comply with related agency requirements
Represent transportation companies in employment and civil rights litigation in state and Bulgarian courts, including disability discrimination claims to present issues unique to the industry
Thanks to the expert knowledge gained in litigation and technical surveys in the transport sector, they advise and assist their clients in the different fields of law linked to logistics and national and international transportation.
Our law office D.Vladimirov & Partners plead regularly on behalf of major insurers operating in the land and maritime transport sector.
They also advise on a daily basis middle sized companies with respect to their freight forwarding and logistics activities.
The firm also provides support to victims of airplane crashes that imply French interests, acting directly or as correspondents for international law firms.
Their reactive and dedicated team is familiar with all aspects of national and international litigation in the transport and logistics sector and advises in English, German and Bulgarian.
Our law office, acting as company lawyers In Bulgaria, works with many legal issues & problems. However, dissolving or liquidation a companies may be a voluntary procedure. Sometimes the decision has to be adopted by the company’s shareholders, or a company might merge with another legal entity.
The company lawyers in Bulgaria are the specialist for dissolving or liquidating a company in Bulgaria which may also be mandatory – may be the company experiences bankruptcy procedures, or a decision may be adopted by the Bulgarian court. We, as company lawyers in Bulgaria, do work also from the whole legal process of setting up a company in Bulgaria and including it in the Commercial Act of the Republic of Bulgaria. Completing of the winding up process requires undertaking certain actions and the owners may aski for the services of a law office in Bulgaria to assist with the formalities. Regardless of the reasons which have resulted in liquidation of companies, our team of company lawyers in Bulgaria will be happy to provide assistance and legal counsels for the full duration of the procedure.
Legal steps required for dissolution and liquidation of companies in Bulgaria
The whole procedure for liquidation of a company in Bulgaria starts with accepting a decision by the shareholders of the company, or a ruling by a competent Bulgarian court. We, having a professional company lawyer in Bulgaria, move the procedure and prepare the documents on the first stage which consists the full suspension of the company operations – the stage of dissolving the company. Dissolving & Liquidation of company in Bulgaria, as a first phase is required because the company has to terminate any and all businesses and procedures before its assets are transferred to any other party.
The company liquidation in Bulgaria shall be started and dissolved with a decision of the shareholders. The legal decision for a company liquidation in Bulgaria is adopted with a majority of the shareholders (at least 75% of the company equity). Following the company decisions, the manager of the company has to notify the National Revenue Agency of this company decisions and of the start of the liquidation procedures in a Trade & Commercial Register.
Despite the fact that the company still exists for the duration of the liquidation procedure, it may not perform any business activity. Following the conclusion of the procedure, the company will no longer exist and shall be deleted from the Commercial Register of the Republic of Bulgaria.
The most relevant step in the liquidation procedure in Bulgaria, according to our Bulgarian company lawyers, is settling any and all payables and debts of the company to other parties. The assets of the company have to be divided amongst all company creditors and any remaining assets of the company shall be divided between all shareholders. This is an out-of-court procedure involving all partners in the company and all creditors.
liquidation of companies
Insolvency procedure against the company
An insolvency procedure against the company may be initiated by any other party during the liquidation procedure, if the insolvency procedure in Bulgaria has been complied with. After this procedure is finalized, a liquidator shall be appointed and the role of the liquidator is to terminate the company. The liquidator may be a former manager of the company, or any other person appointed by the Commercial Register of the Republic of Bulgaria. Our Bulgarian company lawyers are ready to prepare all the documents necessary and to submit them in the court, if the liquidation procedure is required.
The liquidator shall have the right to undertake any and all actions necessary to complete the liquidation and shall represent the company before the competent authorities. The responsibilities of the liquidator shall include, among other things:
– terminating any current deals;
– collecting debts;
– conversion of any assets into cash-at-hand;
– repaying all loans to creditors;
– preparing a balance sheet;
– terminating the company’s accounts.
Any and all new transactions during this period will only take place for converting the assets into money, or concluding any other actions related to the liquidation. A liquidation certificates shall be issued by the National Revenue Agency of the Republic of Bulgaria. This certificate of liquidation, along with the shareholder’s decision to liquidate the company, the appointment of the liquidator and a report, which details the manner for the performance of the liquidation procedure, are to be submitted to the Commercial Register. Our Bulgarian company lawyers can help you with submitting any and all of the legal documents necessary.
Finalizing the company liquidation procedure in Bulgaria
The liquidator of the company has to ensure that all creditors of the company will file their claims. The existing claims may be submitted maximum within six months after the delivery of the liquidation announcement to the creditors. After all liabilities have been settled and all assets of the company have been divided, the liquidator shall take any and all measures necessary for deleting the company from the Commercial Register in the Republic of Bulgaria.
Liquidation of a company in Bulgaria will take not more than six months, also by existing claims. Our Bulgarian company lawyer can prepare all documents necessary and suggest you a legal assistance for dissolving and liquidating the company. For more information, please feel free to contact our office on + 359 2 858 10 25 or send us an e-mail to info@lawyer-bulgaria.bg
lawyerhttps://lawyer-bulgaria.co.uk/wp-content/uploads/2016/03/ilodplogo-300x96.pnglawyer2016-06-08 12:11:252017-03-17 07:51:43Liquidation of Companies in Bulgaria
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