David Young and Stoyan Gotzev

BURY St Edmunds law firm Greene & Greene has appointed two newly qualified solicitors. David Young was educated in Scotland and trained as a solicitor in York.

BURY St Edmunds law firm Greene & Greene has appointed two newly qualified solicitors.

David Young was educated in Scotland and trained as a solicitor in York. He will work mainly with managing partner Chris Thomson, whose practice includes advising businesses seeking to raise equity finance, advice to business angels and the preparation and review of commercial contracts.

Stoyan Gotzev, who has lived in Europe and the USA, completed a law degree in Norwich and then trained as a solicitor. He speaks Bulgarian and Russian. He will work with partners Neil Walmsley and Simon Ratcliffe, mainly on the sale and purchase of businesses.

Chris Thomson said: “The credit crunch has presented both challenges and opportunities to our clients. 12 months ago we were mainly advising clients how to sell their businesses, to realise value built up by years of hard work.

“These days clients are looking to pick up assets cheaply, and there are some good deals out there. Individuals that have turned their holdings of listed shares into cash are showing an interest in making longer term investments in growing private businesses, and this is a growing part of our business.”

The appointments of Mr Young and Mr Gotzev have already enabled us to provide a cost effective service to a wider range of clients.

“They have both demonstrated an unusual level of commercial awareness and I believe that they have a good future with us,” said Mr Thomson.