• Is it possible to have an Emergency Arbitrator in Bulgaria?
  • September 1, 2015 | Author: Metodi Baykushev
  • Law Firm: Dimitrov, Petrov & Co. - Sofia Office
  • Nowadays rational businessmen seek rational solutions. That is why a growing number of companies worldwide choose arbitration as a dispute resolution method rather than litigation, when handling complex commercial disputes. The benefits of arbitration in comparison to litigation are well known: speed of proceedings, competence of arbitrators, simplified enforcement procedure, lower costs (at least in Bulgaria), etc.