Two of our partners, and all of our associates and support staff are based in Sofia. The office has high quality communication, IT and document-handling capabilities. The Sofia office co-ordinates our work throughout Bulgaria. Our main office in Sofia undertakes most of the corporate, commercial, intellectual property, ADR, competition, and other cutting-edge work we do. Based out of Sofia, we can also maintain a presence in other locations, depending on client needs.
New Balkans Law Office
19-B Patriarh Evtimiy Blvd
Sofia 1142, Bulgaria
Telephone +359 (0) 2 950 6239
Our London office undertakes client liaison and allows the firm to serve the needs of clients directly. You are always able to contact us in London to discuss issues which require an immediate conference or otherwise demand attention in person. All types of work performed by our Bulgarian lawyers are supported and liaised on from London. Two of our partners share their time between London and Bulgaria.
New Balkans Law Office
27 Redcliffe Gardens
London SW10 9BH
Telephone +44 (0) 20 7183 0262
Facsimile +44 (0) 20 7117 1718
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.
© New Balkans Law Office 2020