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Technology, Media and Telecom

Our TMT practice is consistently ranked as a market leader, because of our all-round strength and depth, and in particular for our regulatory, commercial and transactional expertise. For more than 10 years The Legal 500 has ranked Penev LLP as a tier-one firm in the TMT.

Among our clients in the sector are some of the world’s largest TMT companies. The main reason these companies choose Penev LLP is the complete range of services we offer.

Our skills:

  • Cross-border Transactions Structuring and Interconnection Agreements Negotiation;

  • Regulatory Compliance and Lobbying;

  • Software Licensing;

  • Data Protection and Privacy;

  • Data Breach Handling, Electronic Discovery Procedures and Internal Investigations Handling;

  • Internet, E-commerce and Mobile Commerce Handling;

  • Records Management, Preparation of Policies, Procedures, and Guidelines;

  • System Development and Integration;

  • Domain Name Registration and dispute resolution.

Some highlights of our TMT transactions include:

  • assistance to CSC (now DXC Technology) with the implementation of local template agreements with subcontractors and freelancers for the development of specialized software, including but not limited to regulatory advice, tax compliance, employment issues;
     
  • advice to AT&T on commercial contracts related to TMT matters, ensuring regulatory compliance and legal representation before the respective administrative bodies, as well as advice on structuring and regulatory framework of the local fixed voice telecommunications market; provision of regulatory advice on the acquisition of Time Warner;
     
  • advice to an Israeli-owned company on licensing as a payment system operator for e-money transfer, acting as an agent of China Telecom BestPay Co.;
     
  • provision of a wide spectrum of services to SAP including legal advice on licensing and regulatory issues in relation to a project with the Ministry of Finance;
     
  • representation of one of world's largest entertainment companies in top-level domain name dispute resolution procedure, including negotiation with current domain name holder and filing for arbitration proceedings before the Arbitration Committee with Register.bg for transfer of domain name;
     
  • provision of advice to Lenovo on the acquisition of IBM’s PC business;
     
  • advising Deutsche Telekom AG in a share-purchase transaction with OTE (Hellenic Telecommunications Organisation S.A.);
     
  • provision of a full spectrum of advice to Cisco Systems on their business activity in Bulgaria;
     
  • legal advice to NCR on regulatory matters;
     
  • provision of advice to Lucent Technologies on corporate, commercial and regulatory matters;
     
  • ongoing corporate and commercial advice to Ackerman Electronics;
     
  • provision of advice to one of world's largest entertainment companies on corporate and regulatory matters;
     
  • advice to AT&T on its regular ISP business as well as work on a project on the establishment of a hub center in Bulgaria;
     
  • provision of advice to Cisco Systems and the US Trade and Development Agency on an interconnection project with the Bulgarian Council of Ministers;
     
  • drafting of dubbing agreements for contractors in Bulgaria for one of world's largest entertainment companies;
     
  • assistance of AT&T in a transborder novation transaction for mobile and internet services, including negotiation with the two major telecom providers in Bulgaria, provision of legal opinions on the concept of novation as per Bulgarian legislation, closing and post-closing follow-up of the transaction;
     
  • provision of advice to NBC Universal on corporate and regulatory matters;
     
  • provision of advice to Avaya on corporate and regulatory matters;
     
  • provision of advice to Prooptiki, a subsidiary company of a large Greek telecommunication and entertainment production distributor, with regard to its establishment in Bulgaria, commercial and corporate compliance;
     
  • advice to a large European mobile operator on regulatory and other statutory matters in Bulgaria;
     
  • cooperation with Baker & McKenzie and provision of advice for the Bulgarian jurisdiction for a large US company on a corporate governance project;
     
  • provision of advice to Nexcom on corporate, internet traffic terminating contractual issues and representation before the supreme court on tax matters;
     
  • defense of one of world's largest entertainment companies' intellectual property rights, i.e. negotiation and conclusion of extrajudicial agreements with infringers, pre-litigation tactics, and litigation actions;
     
  • provision of advice to AT&T on a SWIFT-project involving approximately 15 local banks for the provision of SWIFT-related services;
     
  • regulatory and corporate advice to 3Com;
     
  • provision of advice to one of world's largest entertainment companies, Jetix Co., Fox International, NBC with respect to the applicability of Bulgarian and EC Intellectual Property legal framework;
     
  • negotiation, drafting, and execution of a ten-year Lease and Service Agreement between AT&T and a large Bulgarian telecom company;
     
  • provision of legal advice to T-Mobile on regulatory compliance matters as per Bulgarian legislation;
     
  • provision of legal advice to Loral Cyberstar Inc. on contractual structuring of transfer of data via satellite and agreements with local IP companies and other customers;
     
  • provision of legal advice to a consortium of privately owned ISP companies in Bulgaria (Orbitel JSC, and Nexcom JSC) in a large lawsuit before the Commission on the Protection of the Competition on various VOIP matters;
     
  • provision of advice to AT&T on a Lease and Service Agreement project for the creation of a host in Bulgaria;
     
  • provision of legal advice to the consortium between Candover, UK and Turkcell, Turkey in their participation of the acquisition of the Bulgarian Telecommunication Company;
     
  • provision of legal advice to AT&T on the Bulgarian segment of their USD 5 billion acquisition deal with IBM acquiring IBM’s global network business units;
     
  • provision of legal advice to a large US Radio Broadcast Company on an acquisition deal in Bulgaria;
     
  • preparation of a statutory survey for a large US cable operator;
     
  • provision of advice to PP&IT Bulgaria on the public procurement in the field of telecommunications;
     
  • Penev LLP has assisted a foreign investor intending to develop an innovative data center in Bulgaria.