TMT

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 TNT. Among our clients in the sector are some of the world’s largest TMT companies such as:

CSC, The Walt Disney Company, Invitel International Bulgaria, Deutsche Telekom AG, Lenovo, NBC Universal, Avaya, Lucent Technologies, Twentieth Century Fox, Pan Tel kft, CISCO Systems, Prooptiki Bulgaria Ltd., PP&IT Bulgaria Ltd., Soros Investment Capital Ltd., Nexcom Ltd., AT&T, Warburg Pinkus, Charlemagne Capital Limited U.K., Saudi Ogier, Carlyle Group, Koc Holding, Turk Telecom, Jetix Co., Fox International, NBC, AT&T Global Network Services Bulgaria Ltd., T-Mobile, Loral Cyberstar Inc., Orbitel JSC, Nexcom Bulgaria JSC, Candover, UK, Turkcell, US Radio Broadcast Company and etc.

The main reason these companies choose Penev LLP is the complete range of services on offer .

OUR SKILLS:

Cross-border transactions structuring and interconnection agreements negotiation;

We counsel and represent clients in mergers, acquisitions and complex sales in the TMT sector. Our team has completed successfully due diligence reports and complex competition clearances.
We have advised a large US Radio Broadcasting Company on an acquisition deal in Bulgaria. We have further advised the Consortium between Candover UK and Turkcell, Turkey on their participation in the acquisition of the Bulgarian Telecommunication Company, as well as a Consortium led by Warburg Pinkus and Charlemagne Capital Limited U.K., and Saudi Ogier on the due diligence and privatization of the Bulgarian Telecommunication Company.. We have advised Deutsche Telekom AG in a share-purchase transaction with OTE (Hellenic Telecommunications Organisation S.A.). We have assisted a leading French based IT company with implementation of local template agreements with subcontractors and freelancers for the development of specialized software, including but not limited to regulatory advice, tax compliance, and employment issues.
We advisedAT&T on Lease and Service Agreement project for the creation of a host in Bulgaria;

Regulatory compliance and lobbying;

We provide the full scope of services expected by a sophisticated ICT client, including advice on licensing and regulatory matters. We have advised AT&T on the implementation of a global master services agreement for a resale of electronic communications services in Bulgaria, both fixed and wireless. We have been called upon to lead negotiations with the incumbent telecommunications operator, on the execution of managed services novation agreement. In addition we provide general day –to- day advice to AT&T on compliance matters concerning the Bulgarian regulatory framework of electronic communication as well as agency for the service of proceedings issued out of either the Bulgarian courts or the National regulatory authority.
We have advised Soros Investment Capital Ltd. on regulatory and competition matters. One of the largest European Telecom operatorswas counseled on the local market through the myriad of regulation issues in this sector. We have provided advice to PP&IT Bulgaria Ltd. on a public procurement in the field of telecommunications. We have assisted Carlyle Group and the Consortium of Koç Holding, (Turkey) and Turk Telecom, (Turkey) on the final stage of privatization of the Bulgarian Telecommunication Company.
We have advised Disney Corporation, Jetix Co., Fox International, NBC with respect to applicability of the Bulgarian and EU Intellectual Property legal framework.
We have advised Prooptiki Bulgaria Ltd., a subsidiary company of a large Greek telecommunications and entertainment production distributor on its establishment in Bulgaria, including various corporate and regulatory matters.

Software licensing;

Our TMT practice area is linked to our Intellectual Property department. We assist clients in preserving their intellectual property rights over various pieces of software. We provide specialized employment contracts, licensing agreements, and patents in orderto meet clients’ needs.
We have provided a wide spectrum of services to an international Austrian-based software-company on various IP-rights issues including software copyrights, trademarks rights in relation to the SAP-software products distributed in Bulgaria.
We assist the Bulgarian operations of a UK based company in the protection of software.
We have advised Nexcom Ltd. on corporate, internet traffic termination, contractual issues and representation before the Supreme Court on tax matters;

Data protection and privacy;

We are at the forefront in advising on personal data protection and privacy. We have worked on various Binding Corporate Rules, Standard Contractual Clauses and tailored data protection tools, such as: codes of conduct, data transfer agreements and subcontractor agreements.
We have represented AT&T Global Network Services Bulgaria before the Commission for Personal Data Protection with regard to its registration as an administrator of personal data.

Data breach handling – electronic discovery procedures and internal investigations handling;

This is part of our Privacy and Information Management practice and Litigation group. Mishandling of data and information becomes an increasing threat for companies, particularly in the light of the current economic crisis.

Internet, E-commerce and mobile commerce handling;

We are experienced in all areas of e-commerce and Internet issues covering an extensive range of technologies, from classic web-enabled commerce to leading-edge innovations.

Records management – preparation of policies, procedures and guidelines;

This is part of our Privacy and Information Management practice. We draft tailored policies, procedures and guidelines in order to meet clients’ needs. We have extensive knowledge of the legal and business issues regarding records security and data retention.

System development and integration

This involves structuring of major Enterprise Resource Planning transactions, negotiating of contracts, assisting in development of governance strategies and management issues, resolution of disputes and contract renegotiations and renewals.
We have been in cooperation with Baker & McKenzie for a large US company on a corporate governance project.

Domain name registration and dispute resolution.

We assist clients in the process of domain name registration.with various registrars and web hosting packages. We assist clients in judicial domain name dispute resolution and alternative arbitration procedures.
We have successfully represented Disney Enterprises Inc. in a domain name dispute resolution procedure