KWKR has advised NCBR Investment Fund on its PLN 6 million co-investment in Imagene.me alongside Aban.VC fund. Triloka reportedly advised Aban.VC.
Cobalt Advises Bauhub on Sale to Tocoman
Cobalt has advised the shareholders of Bauhub on its sale to Admicom's subsidiary Tocoman.
CEE Attorneys Advises on Sale of Data Force to Geetoo Group
CEE Attorneys has advised on the sale of Data Force to Geetoo Group.
Bulgaria’s Cybersecurity: Where NIS2 and a Government Are Both on Hold
The European Union’s Network and Information Systems Directive (NIS2) was introduced to enhance cybersecurity across the EU, aiming to protect critical infrastructure and essential services such as energy, transportation, and healthcare. NIS2 sets a high bar for all EU Member States, requiring them to improve their cybersecurity resilience, implement strong risk management practices, and report incidents within strict timelines. Yet, despite these clear guidelines, Bulgaria, like many other EU countries, has been slow to adopt the necessary changes and was unable to meet the deadline for transposing NIS2 (i.e., the 17th of October this year). The delay has left Bulgaria facing several legal and operational challenges, compounded by the absence of a functioning Parliament.
Key Takeaways of the International Conference “Life-Cycle of Start-Ups: Challenges”
On 7 November 2024, Boyanov & Co. with the support of the European Investment Bank organised the international conference “Life-Cycle Challenges of the Start-Ups”. The event focused on navigating the landscape of the Bulgarian start-up ecosystem through its major challenges in 2025; government programs, grants, and EU funds for financing start-ups in 2025; and broadening horizons for international expansion of the CEE start-ups and venture capital funds. With this conference, Boyanov & Co. reaffirmed its commitment to supporting the start-up ecosystem in Bulgaria.
Legal Challenges for OpenAI
In light of Elon Musk’s recently expanded lawsuit, which includes antitrust claims and names Microsoft as an additional defendant, OpenAI faces yet another legal challenge. As a global leader in the development of generative artificial intelligence, OpenAI remains committed to its mission: creating AI technology that benefits humanity while actively addressing legal and ethical dilemmas.
“Black Friday” Trademark Controversy: Can A Shopping Phenomenon Be Owned?
Since 2016, the term “Black Friday” has been registered as a trademark in Germany, granting exclusive rights to a single company, Super Union Holdings Ltd. of Hong Kong, for its use in advertising. This registration covered over 900 goods and services, restricting other businesses from using the term in their promotions. However, recent legal developments have definitively resolved this contentious issue.