By virtue of amendments of the Ownership and Use of Agricultural Land Act (OUALA) dated 20 February 2015 the legislator introduced solid sanctions in case of breach of the restrictions concerning ownership over agricultural land provided for: Bulgarian companies having as direct or indirect shareholders foreign companies registered in jurisdictions with preferential tax regime; Bulgarian […]
Since the five – member jury of the Supreme Administrative Court left without consideration the appeals filed by the majority shareholders in Corporate Commercial Bank against the decision of the Bulgarian National Bank to withdraw the banking license, the bankruptcy court proceedings were resumed. In the last day of the statutory seven-day term the court […]