Djingov, Gouginski, Kyutchukov & Velichkov has successfully defended Electrohold Sales in an energy dispute involving clawback and insolvency recovery claims brought by an insolvency creditor in the insolvency proceedings of Future Energy.
Joinder of Parties in Multi-Party Arbitration
Given the complexity of modern legal traffic, the complex economic structures are becoming a standard in today’s business transactions. There is an increase in business activities which include a larger number of participants. Accordingly, disputes involving more than two subjects are occurring ever more often - especially on the international level. In light of this, the ICC International Court of Arbitration even noted an increase in multi-party arbitrations stating that one-third of ICC cases today involve multiple parties.[i]
Legislative News from the Slovak Republic
We bring you a brief overview of important legislative news from the Slovak Republic that should not escape your attention.
Supreme Court: Overtime Work Can Exist Without Employer’s Resolution or Written Request
In an era where social media has become an integral part of daily life, the issue of privacy protection is gaining increasing importance. Typically, social media platforms offer mechanisms to control access to the content which individuals share on their profiles, including the so-called profile “locking”. On the other hand, content on “unlocked” profiles is accessible to an unlimited number of people, allowing anyone who visits a particular profile to view the content created or published by its owner.
Hot Practice in Ukraine: Oleksiy Didkovskiy on Asters' International Arbitration and Cross-Border Litigation Practice
The International Arbitration and Cross-Border Litigation practice has taken center stage for Asters in Ukraine according to Co-Managing Partner Oleksiy Didkovskiy, with work driven by the war and the pandemic and a focus on state and quasi-state clients.
The Supreme Court Has Ruled: Losers Must Pay!
In a previous article, we analyzed the phenomenon where courts typically reduce the attorney fees awarded to the winning party. This essentially forces the winner to incur unjustified losses, indirectly causing market distortion. Now, the Supreme Court has responded to this phenomenon with a precedent-setting, binding decision. Let's first look at the key developments and then how this affects litigation strategy!
Asters Successful for PrivatBank in Pryozernyi Shopping Mall Dispute
Asters has successfully defended PrivatBank in a dispute over the title to Pryozernyi, a shopping mall in Dnipro with a total area of more than 32,000 square meters.