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DGKV Settles Claim for Mosaico+

DGKV Settles Claim for Mosaico+


Djingov, Gouginski, Kyutchukov & Velichkov is reporting that it reached an out-of-court settlement for Italy's Mosaico+ Srl., in a commercial dispute over collection of outstanding receivables with Bulgaria's Temena LTD EOOD, which specializes in spa and wellness equipment.

DGKV describes Mosaico+ as "a prominent Italian mosaics producer [that is] part of the Mapei group, a worldwide producer of adhesives, thinsets, and sealants for buildings."

According to DGKV, as a result of the settlement, "Mosaico received the full amount of the outstanding principal under its contract with Temena LTD EOOD, thus saving further time and costs associated with initiation of litigation proceedings." According to the firm, it "protected Mosaico’s legal interests in the best possible way demonstrating thorough knowledge of international sale purchase law, including Vienna Convention for International Sale of Goods and best-of-class professional skills and persistency in out-of-court dispute resolution."

The DGKV team included Partner Angel Ganev and Associate Vlada Tsenova.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm in Central and Eastern Europe. With 13 offices located in Belgrade, Bratislava, Brussels, Budapest, Bucharest, Chisinau, Istanbul, Ljubljana, Prague, Sofia, Vienna, Warsaw and Zagreb, as well as country desks for Albania, Bosnia-Herzegovina, Macedonia, Montenegro and Ukraine, Schoenherr provides its clients with comprehensive coverage of the CEE/SEE region. More than 300 legal professionals work across borders in both a centralized and de-centralized manner, according to the individual client’s needs and requirements. Quality, flexibility, innovation and practice-oriented solutions for complex assignments in the field of business law are at the core of the Schoenherr philosophy.

Firm's website can be found, here.

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