Sunday 19 October 2014 — Friday 24 October 2014
NBLO's Managing Partner, Kamen Shoylev, is taking part in the International Bar Association Annual Conference.
The conference is being held from 19 to 24 October in Tokyo. It gets over 5,000 lawyers from a wide range of jurisdictions together and hosts several hundred sessions on a wide range of topics of professional interest to lawyers and to their clients.
This is an opportunity for New Balkans Law Office to acquire and maintain up-to-date best-practice know-how, and to develop and maintain links with lawyers in a large number of jurisdictions which brings a significant benefit to its clients.
As Bulgaria's go-to firm for cross-border businesses, NBLO strives to maintain such international exposure continuously.
Asset tracing and fraud: Use of evidence from parallel criminal proceedings in a civil trial
Over the last year, we have assisted the victims of a multi-million dollar large-scale international fraud. Certain of the scheme’s operations were embedded in Bulgaria’s thriving business process outsourcing (BPO) ecosystem.
As part of our representation for clients, we have pursued a claim in a regional Bulgarian court (the organisers of the fraudulent scheme having transferred the registration of the relevant entity to a disused building in that location). We were pleased to obtain a very helpful intervention from the court at first instance including an order to append files containing a substantial amount of evidence generated through a criminal investigation into the fraud to the civil case. This provides rich evidential pickings for proceedings which are either already being conducted or are being contemplated in a range of international jurisdictions as well as Bulgaria.
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