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Project name: Commercial Law Reform Program

Start date: 30.9.2003

End date: 30.9.2007

Project description:
The project helped to develop and advocated for legislation creating a private judgment enforcement system to supplement the overburdened and largely ineffective state debt collection system. It also helped develop a better system for registering new companies in Bulgaria and pioneered a system for commercial alternative dispute resolution. Assistance focused on: streamlining business laws and regulations (particularly company registration); commercial alternative dispute resolution; enforcement of contracts; and training, public education and other implementation activities for the first three tasks. The courts with the largest commercial law case load received tailored assistance on commercial alternative dispute resolution and enforcement of judgements.

Implementer: Bearing Point

Funding: $4,683,000