Assignment of an Arbitration Clause – Is Debtor’s Consent Required? The Bulgarian Supreme Court of Cassation Has Made Its Final Decision
In an interpretative judgment rendered on 21 February 2024 (“Interpretative Judgment”), the highest court of Bulgaria had the occasion to decide whether, in case of an assignment of rights under a contract, the arbitration agreement contained in the contract is transferred automatically to the assignee so that such arbitration agreement becomes effective and binding in…