An amount of approximately EUR 12.7 million will remain available to creditors under the Euroins Romania bankruptcy procedure after CITR challenged an arbitration decision from Sofia.
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CITR, judicial liquidator of Euroins Romania, has in motion blocked the recognition on the territory of Romania of a decision of arbitration in Sofia, which...
An amount of approximately EUR 12.7 million will remain available to creditors under the Euroins Romania bankruptcy procedure after CITR challenged an arbitration decision from Sofia.
The Bucharest Tribunal rejected the application of the former Bulgarian group of Euroins Romania for recognition in Romania of an arbitral decision given in Sofia in the dispute concerning the company's reinsurance contract.