Bulgarian President Rumen Radev has vetoed the amendments to the Bank Bankruptcy Act adopted on February 9, 2018. The President supports efforts of the National Assembly for greater efficiency when it came to protection of social interest in cases..
There is a chance that the trial over draining 1.5 billion euro from the Corporate Commercial Bank (CCB) could start by the end of February. Authorities in Serbia have handed a summons and the 11-thousand-page indictment against former..
The specialized court did not give a start to the big trial over draining of Corporate Commercial Bank and postponed the first meeting for January next year. The main reason for the postponement is that no response has yet been received to the court..
An open court hearing is scheduled for December 13 over the bankruptcy case of Corporate Commercial Bank. The indictment filed by the Specialized Prosecutor's Office on July 20th is over 5,000 pages. More than 400 witnesses have been questioned and the..
Banker Tsvetan Vasilev, accused by the Bulgarian prosecution of draining the Corporate Commercial Bank and of its bankruptcy, announced in Belgrade that he would bring Bulgaria to court in Strasbourg over two cases - one as an individual, and the other..
The Sofia City Court has been informed of an official complaint by the Bromak company in the Supreme Administrative Court against the decision of the central bank to withdraw the license of Corporate Commercial Bank. Under the law, in these..
The Bulgarian National Bank welcomes the efforts of the EPIC C onsortium, representing major shareholders of Corporate Commercial Bank, to support the recapitalization of the bank and is ready to participate in the discussions related to..
