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CONTRACT LAW LAWYER IN PLOVDIV

Contracts

Lawyer Miroslav Mirchev is an obligations law lawyer in Plovdiv. He drafts and reviews contracts for companies and individuals in Plovdiv and throughout the country, from one-off transactions to framework agreements with regular counterparties, and provides protection in cases of non-performance, rescission of a contract and disputes under obligations law.

A contract is the main instrument by which two parties settle their rights and obligations. Clearly worded clauses prevent disputes, while imprecise or missing ones create them. The difference between a good contract and a bad one is usually apparent not at signing but when the contract is not performed.

These services are sought both by individuals, for example tenants, and by large companies. The most common questions concern drafting or reviewing a contract before it is signed, non-performance of a contract and its termination.

Work on drafting a contract proceeds in several steps. The client sets out their needs, and then it is determined what kind of contract should be concluded. The key terms of the contract are completed and the draft is sent to the other party for review. Where necessary, negotiations are held on changes, and finally the contract is signed.

Изготвяне и преглед на търговски договори

Services in the field of contract law

Contracts

Drafting contracts for a specific transaction

Tailored to the facts of the case and the client’s needs.

Contracts

Legal review of a contract

Analysis of the risks and proposed amendments before signing.

Contracts

Taking part in negotiations and renegotiating terms

Including pre-contractual relations and letters of intent.

When you need an obligations law lawyer

  • before you sign a contract proposed to you by the other party
  • when the transaction is of high value or long-term
  • when you have received a demand, a notarial demand or a statement of claim relating to a contract
  • when the other party is not performing or is performing poorly
  • when you want to terminate or rescind a contract that is in force
  • when you are negotiating with a foreign counterparty

Frequently Asked Questions

What should I check in a contract before I sign it?
The parties and who is entitled to represent the company, the subject matter, the price and payment deadlines, the time for performance, penalties and liability, how the contract can be terminated or rescinded, the governing law and how disputes are to be resolved. Anything agreed orally should be written into the contract or an annex.
Is a contract concluded by email or orally valid?
As a rule, contracts in Bulgaria are informal and bind the parties regardless of form. The law does, however, provide for exceptions where written form, notarisation of signatures or a notarial deed is mandatory, for example on the transfer of real estate. Email correspondence can prove agreement, but proving it is considerably harder than with a signed document.
Is it enough to download a contract template from the internet?
A contract template covers the general framework but not the specific risks of your transaction: deadlines, quality, liability, termination, penalties for delay. These are the clauses where disputes arise. A legal review of a proposed contract costs many times less than going to court afterwards.
What can I do if the other party does not perform?
Depending on the contract and the nature of the breach, the options include: allowing an additional period for performance, rescinding the contract, claiming compensation for the losses suffered and applying an agreed contractual penalty. The first step is usually a written demand for performance, which fixes the moment of default and serves as evidence.
What happens if the other party does not pay on time?
The debtor falls into default once the due date has passed and, as a rule, owes statutory interest on the overdue amount unless the contract provides otherwise. In addition to interest, a contractual penalty or compensation may be claimed, and the contract may be rescinded.
Can a contract be terminated unilaterally?
It can, where the contract itself provides for such a right or where the law allows it, for example in the case of material non-performance by the other party. For contracts of indefinite duration, notice is usually sufficient. In other cases, unilateral termination may itself amount to a breach of contract.
What is the difference between a contractual penalty and compensation for damages?
A contractual penalty is a sum agreed in advance in the contract that is payable on a specified breach, without the need to prove the amount of the loss. Compensation for damages is claimed under the general rules and requires proof of the loss and of the causal link. A well-drafted penalty clause significantly strengthens your position in a dispute.