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About me

Elena Shopova

Elena Shopova is a Senior Associate at DGKV’s Dispute Resolution, General Corporate and M&A Practices. Elena has substantial experience consulting domestic and international clients with respect to mergers, acquisitions, and other forms of restructuring of a single company and on a group level. Elena maintains excellent practice in counselling on a broad range of corporate matters and foreign investments, including corporate structuring, incorporation, management and dissolution of companies and other forms of corporate presence in Bulgaria. Also, she advises clients on employment matters related to their operations in Bulgaria. Elena has been involved in major domestic and international arbitration procedures and commercial litigations. She also advises on recognition and enforcement of foreign judgements and foreign arbitration awards in Bulgaria.

 

Involvement in recent representative projects:

  • Part of the team representing the Bulgarian telecommunications company Bulsatcom in two arbitration proceedings of EUR 7,8 mln and EUR 15,8 mln in dispute before a Bulgarian arbitration institution, respectively filed by two of its former directors seeking compensation under golden parachute clauses in their management contracts allegedly existing between them and Bulsatcom.
  • Representing the global mining and metals group companies Mechel International Holdings GmbH and Mechel Carbon AG in a USD 18.8 million registered pledge collection matter against Thermal Power Plant Pleven and Thermal Power Plant Rousse in respect of the sale of the latter to the former, and in the related litigation against the National Electricity Company EAD as a third-party debtor under pledged receivables.
  • Represented Telecom Italia Sparkle in a commercial dispute against a Bulgarian debtor before Bulgarian court arising out of a contractual relationship governed by the laws of Italy.
  • Part of the team facilitating the implementation in Bulgaria of the global separation and reorganization of IBM’s managed infrastructure services business from IBM to Kyndryl.