Yavor Kambourov

Practice Areas

Banking & Finance

Litigation & Arbitration

Insolvency

Career

Yavor Kambourov is the founder and managing partner of Kambourov & Partners. He is the head of the firm's Banking & Finance and Insolvency & Creditors' Rights practices.

Yavor has over 35 years of unparalleled experience advising on the whole range of local and cross-border finance matters and banking operations, insolvency procedures and restructurings, civil and commercial litigation and arbitration.

He provides legal and advisory services concerning insolvency procedures of banks and non-banking financial institutions. He has advised major creditors in landmark insolvency cases and has represented clients in related litigation proceedings. Yavor also advises on local and cross-border restructuring matters, enforcement, out-of-court workouts, finance-related insolvency, implementation of rehabilitation mechanisms for restructuring of indebted businesses, legal analysis and assessment of state of bankruptcy of commercial companies, assessment of the chances and the opportunities for encashment and satisfying the creditors’ rights towards a bankrupt commercial company, etc.

Yavor was appointed as the trustee in the largest-ever bank insolvency in Bulgaria – the insolvency of First Private Bank (1998-2000).

Yavor has participated in many international projects and studies in the field of insolvency, restructuring and creditors’ rights, including a World Bank project for the assessment of the effectiveness of insolvency and creditor rights (ICR) systems in Bulgaria within the framework of the World Bank Reports on the Observance of Standards and Codes (ROSC) Initiative. The country report prepared by Yavor and his team and other relevant materials were used by the Bank in assessing insolvency and creditor rights systems in Bulgaria against international standards as reflected in the ICR ROSC Methodology (based on the World Bank’s Principles and Guidelines and the Recommendations of the UNCITRAL Legislative Guide on Insolvency Law).