Tuesday 27 November 2012
08:45 — 10:45 (2 Hours)
New Balkans Law Office and Anelia Tatarova, a tax attorney, are co-organising the presentation:
This will take place at 08:45 – 10:45 (in Bulgarian, followed by a presentation in English between 11:00 and 12:45) on the 27th November, 2012 in the “Plovdiv” Hall at the World Trade Center/Interpred Sofia, will provide a comprehensive guide for business leaders on the complex area of tax law.
Innovative and robust tax solutions are becoming increasingly important to our clients: whether they are domestic or international. The area of tax legislation and practice in Bulgaria has grown in complexity, and with further developments in the coming year, we have decided to jointly offer this presentation free of charge to business leaders.
The presentation will offer an overview of tax law developments in 2012 and upcoming changes in 2013. The analysis of future developments will ensure participants will be prepared for the coming year.
Of particular focus will be the connection between EU law developments and tax and Kamen Shoylev of NBLO will introduce the role of the CJEU and how EU law can be relied on in defence of tax rights, with Anelia Tatarova detailing the significance of recent Bulgarian references and domestic decisions in the area of tax with EU law significance.
UPDATES FOLLOWING THE EVENT
All participants in the seminar will receive information on tax rulings of interest delivered by the Court of Justice of the European Union (“CJEU”) between the presentation date and the end of 2012. Further, all participants will be notified of any changes in the final versions of the domestic tax statutes introduced between the date of the presentation and the date of the coming into force of the legislation discussed.
Download our detailed programme of the event here: Tax Law Presentation Brochure
Register for the event by visiting: http://taxlaw2012-2013.eventbrite.co.uk or by emailing: firstname.lastname@example.org
We look forward to meeting you!
Advising on an LCIA claim
Suppliers with less bargaining power sometimes accede to arbitration clauses which make bringing or defending a claim prohibitively expensive.
In such cases, it is especially important when acting for the potential claimant (and subject to a judgement on the overall viability of the claim), to offer a cost-effective solution to allow the claim to get off the ground. This may include assessing whether the arbitration clause is likely to be found effective or pathological, and whether it may be permissible and advisable to launch court proceedings instead (which can be more economical especially in their early phases).
It is also helpful to be able to rely on advice which is simultaneously excellent in relation to both the jurisdiction in which enforcement is likely to be sought (e.g., Bulgaria) and the jurisdiction whose governing law the parties have agreed to apply or which applies for another reason.
NBLO recently acted for a potential claimant in such a situation alongside the client's existing Bulgarian counsel to advise on the interplay of the arbitration rules of the London Court of International Arbitration (LCIA) and Bulgarian law and on the mechanics and prospects of a claim. We regularly and successfully collaborate with clients’ existing counsel to achieve the best results for such clients.
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