12 April 2012
The private equity firm Warburg Pincus's dispute with the founder of a Bulgarian regional cable player over a Side Letter became the subject of English legal proceedings. The Court of Appeal delivered its judgment in the proceedings on 7 February 2012, following a one-day trial. The proceedings are reviewed by us in our Publications section.
Acting as a Bulgarian law expert in the context of a FIDIC Dispute Adjudication Board
NBLO acted as Bulgarian law experts to a Dispute Adjudication Board constituted under the terms of a FIDIC modelled construction works agreement between the Bulgarian government and a continental Europe-based general contractor. Advised in detail and in successive iterations in relation to the Bulgarian law questions raised by the DAB at the summary of issues stage as well as at the reply and comments stages. Of particular importance to the DAB was the ability of NBLO lawyers to advise on the distinctions between Bulgarian law principles and proximate English and Swiss law concepts in the law of contract as well as to advise on the direct effect and direct applicability of certain European Commission legislation as a matter of Bulgarian law.
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