Details

Ivaylo Dermendjiev gave an interview for Economist magazine on 10.08. 2018, published in De Fakto Legal on 28.08.2018, in which he commented on the most recent topics of international commercial and investment arbitration in Bulgaria, such as:
- the effects of the almost unnoticed amendment to the International Commercial Arbitration Act on the cancellation of an arbitration award on grounds of public policy contradictions;
- behind-the-scenes agreements between the Bulgarian administration and major US agencies in connection with Bulgaria's procedural representation in arbitration proceedings brought by foreign investors before the Washington Court of Arbitration;
the real consequences of the arbitration case brought by CEZ v. Bulgaria, and
- why it was not necessary for the state to pay EUR 600 million in the Belene NPP arbitration, with different mechanisms for canceling the arbitration award.

The entire interview can be found in issue 32, 27-29 pages of the publication