Representing interests in the Supreme Court
The Bank sued the developer's financial surety to recover the amount owed under the loan agreement. The first instance court, whose conclusions the appellate court agreed with, sustained the claim. The financial surety lodged a cassation appeal referring to formal violations of the procedural law made by the first instance court during the trial in absentia.
Vasil Kisil & Partners lawyers defended the Bank in the Supreme Court and proved that formal violations of the procedural law alone may not be the ground to overturn a lawful and justified judgment. The Supreme Court agreed to the attorney's arguments and dismissed the surety's cassation appeal and consequently upheld the inferior courts' decisions and resumed their enforcement.
Senior Associate, Attorney-at-Law
Restructuring and Insolvency,
Restructuring and Insolvency