Name: Irina Stoyanova
Firm Name: New Balkans Law Office
Country: Bulgaria
Expertise: Insolvency & Restructuring Law

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Professional Biography:

Irina has a PgDip in Legal Practice (Commercial Route) and an LLB from the University of Manchester. Most of her work to date has been on the business law needs of SMEs. Her main focus areas are non-contentious commercial and contract law, corporate law, the sale and supply of goods and private acquisitions. Her recent fields of development include corporate governance and business development. Irina has been a part of NBLO’s team since 2011 and has worked in both our London and Sofia practices. At the beginning of 2016 Irina undertook the position of Director of the Sofia Office and allocates her time between providing advisory and managerial services.


University of Manchester (LLB)
University of Law (PgDip)

Practice Areas:

General Corporate and Commercial, Insolvency, Private Client, Acquisitions, Employment, Real Estate, EU law.

Our History:

NBLO was set up in 2005 at a time when the Bulgarian legal market was really starting to open up to smaller, more specialised firms. The founding NBLO partners wanted to create a law firm whose clear primary focus was on Bulgaria but which would also operate to some extent as a dual jurisdiction legal consultancy providing both Bulgarian law and UK law advice; this was succeeded by the opening of both offices in Bulgaria and London. Following Bulgaria’s accession to the EU, the firm has gone from strength to strength, periodically expanding its staff numbers as well as diversifying its portfolio of practice areas.

Our Work:

NBLO is typically called upon by its clients to either be:
sole advisers in transactions with a Bulgarian law basis; or
the counterpart to international lawyers in transactions involving Bulgarian elements; or
a part of a network of advisers in a multi-jurisdictional deal.
In each of these types of work, NBLO is able to match the legal, technological, time-management, document production, commercial and communication expectations of clients and law firm partners alike.

Our Key Capabilities:

As well as our dual-jurisdiction offices mentioned above, we believe we have a variety of key capabilities which make us stand out from other Bulgarian law firms:

Local industry and business awareness

We realise how crucial  it is when giving quality legal service to understand the character and dynamics of clients’ industries. In this regard, we maintain regular contacts within the Bulgarian business community and pride ourselves on being up-to-date on all international economic developments in the wider Central & Eastern Europe region.

Efficient and cost-conscious

We always make additional efforts to pinpoint our legal advice for our clients’ purposes and to obviate inefficiencies where possible and this often pays off for our clients. We equally understand that our clients work within budgets and we are always keen to present a clear and transparent cost structure to them. In this respect, we will agree charges with clients at the time of instruction, and can help with the management of costs if this becomes necessary.

Speaking your language

We make sure we can draft and conduct business in a variety of languages in addition to Bulgarian and English, the latter of which all of our staff speak by default.

Commitment to technological excellence

We understand how effective information use impacts on our work and we consider the technological processes we have in place at our offices to be cutting-edge. We continue to strive for excellence in this area and regularly educate both support staff and fee-earners in a variety of current technologies. In addition, we have the ability to draw on an engineering support team to quickly implement any specific document exchange or technological requirements a client may request.