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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
Review of Central and East European Law – Brill
Published: Jan 1, 1992
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