THE

WOLF THEISS

GUIDE TO:

Dispute Resolution in

Central, Eastern &

Southeastern Europe

2018 Edition

WOLF THEISS is one of the largest and most respected law firms in Central, Eastern and Southeastern Europe (CEE/SEE). We opened our first office in Vienna 60 years ago. Our team now brings together over 340 lawyers from a diverse range of backgrounds, working in offices in 13 countries throughout the CEE/SEE region. During that time, we have worked on many cases that have broken new ground.

We concentrate our energies on a unique part of the world: the complex, fast-moving markets of the CEE/SEE region. This is a fascinating area, influenced by a variety of cultural, political and economic trends. We enjoy analysing and reflecting on those changes, drawing on our experiences, and working on a wide range of domestic and cross-border cases.

Disclaimer

This 2018 Wolf Theiss Guide to Dispute Resolution in Central, Eastern & Southeastern Europe is intended as a practical guide to the general principles and features of the basic legislation and procedures in countries included in the publication.


While every effort has been made to ensure that the content is accurate when finalised, it should be used only as a general reference guide and should not be relied upon as definitive for planning or making definitive legal decisions. In these rapidly changing legal markets, the laws and regulations are frequently revised, either by amended legislation or by administrative interpretation.


Status of information: Current as of 1 January 2018


Conception, design, and editing:

WOLF THEISS Rechtsanwälte GmbH & Co KG, Attorneys-at-Law

Schubertring 6, 1010 Vienna, Austria

www.wolftheiss.com






© 2018 WOLF THEISS Rechtsanwälte GmbH & Co KG. All Rights Reserved.

Foreword


As a leading law firm in CEE/SEE and home to one of the biggest dispute resolution teams in the region, we see it as our obligation to keep our clients up-to-date with legal developments that may affect their businesses. Global financial uncertainty has brought with it a growing need for dispute resolution services across the region, in particular, in heavily regulated sectors such as energy, financial services or healthcare. Unexpected questions may arise, such as "Should we initiate legal proceedings? Where and when? What legal tools and procedures are available to us? How do we stay one step ahead of competitors and adversaries? How do we avoid costly investigations so we can protect our reputation?"


In response to this, we are very pleased to present the fourth edition of the Wolf Theiss Guide to Dispute Resolution in Central, Eastern and Southeastern Europe. With the majority of our work involving cross-border representation, the Wolf Theiss Guide to Dispute Resolution is a source of information for those who seek to get a general overview of dispute settlement and the relevant legal developments in each of the countries where Wolf Theiss provides services: Albania, Austria, Bosnia & Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Kosovo, Poland, Romania, Serbia, Slovak Republic, Slovenia, and Ukraine.


The new guide follows the same structure as the previous editions. Each country chapter describes the legal system, the litigation process, business crime, insolvency, arbitration, and enforcement of arbitral awards and foreign judgments, and ends with a chart giving a summary of the relevant procedures and costs in the respective jurisdiction, plus handy practice tips.


We trust that that you find the guide useful. If you have any questions, please do not hesitate to contact us.

I would like to thank all colleagues at Wolf Theiss who assisted in the preparation of this publication. Their efforts to ensure the continuing update of the Guide are very much appreciated. I would also like to acknowledge former Wolf Theiss Partner Bettina Knoetzl for her contributions to previous editions of the guide.

Country Expertise