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The New Bulgarian Commercial Law: an Overview

The New Bulgarian Commercial Law: an Overview 353 THE NEW BULGARIAN COMMERCIAL LAW: AN OVERVIEW BORIS BOGDANOV LANDJEV Assistant in Comparative Civil and Commercial Law, Sofia University for National and World Economy, Department of Law; partner Daskalov, Landjev, & Dimitrov Law Firm The "tender revolution" in Bulgaria in the Autumn of 1989 marked the beginning of a process of democratization of political life. The second step in that direction was the idea of far-reaching reforms in the economy aimed at the establishment and development of true market relations. These ideas could be found in numerous pre-election platforms, even in that of the Communist Party. At the same time, the notion of creating a new system of commercial law as a legal basis for a market economy was also reflected in the legal literature, chiefly inspired by the publication of the fourth (and last) edition of Professor Katzarov's Systematic Course on Bulgarian Commercial Law which dates from 1946. After the elec- tions in June 1990, this notion was accepted by the various parties and movements that comprised the newly-formed Great Parliament, and the adoption of a Commercial Code became a high priority, as important as the question of a new Constitution. 1. Historical Background When Bulgaria http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Central and East European Law Brill

The New Bulgarian Commercial Law: an Overview

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Publisher
Brill
Copyright
© 1992 Koninklijke Brill NV, Leiden, The Netherlands
ISSN
0925-9880
eISSN
1573-0352
DOI
10.1163/157303592X00249
Publisher site
See Article on Publisher Site

Abstract

353 THE NEW BULGARIAN COMMERCIAL LAW: AN OVERVIEW BORIS BOGDANOV LANDJEV Assistant in Comparative Civil and Commercial Law, Sofia University for National and World Economy, Department of Law; partner Daskalov, Landjev, & Dimitrov Law Firm The "tender revolution" in Bulgaria in the Autumn of 1989 marked the beginning of a process of democratization of political life. The second step in that direction was the idea of far-reaching reforms in the economy aimed at the establishment and development of true market relations. These ideas could be found in numerous pre-election platforms, even in that of the Communist Party. At the same time, the notion of creating a new system of commercial law as a legal basis for a market economy was also reflected in the legal literature, chiefly inspired by the publication of the fourth (and last) edition of Professor Katzarov's Systematic Course on Bulgarian Commercial Law which dates from 1946. After the elec- tions in June 1990, this notion was accepted by the various parties and movements that comprised the newly-formed Great Parliament, and the adoption of a Commercial Code became a high priority, as important as the question of a new Constitution. 1. Historical Background When Bulgaria

Journal

Review of Central and East European LawBrill

Published: Jan 1, 1992

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