PRESS RELEASE
30 June 2023

Kinstellar Dispute Resolution Team In Bratislava Successfully Defends Its Client In Commercial Litigation

K
Kinstellar

Contributor

Kinstellar acts as trusted legal counsel to leading investors across Emerging Europe and Central Asia. With offices in 11 jurisdictions and over 350 local and international lawyers, we deliver consistent, joined-up legal advice and assistance across diverse regional markets – together with the know-how and experience to champion your interests while minimising exposure to risk.
Kinstellar’s dispute resolution team in Bratislava, led by Michal Hrušovský, has successfully defended its client in commercial litigation before Slovak courts...
Czech Republic

June 2023 – Kinstellar's dispute resolution team in Bratislava, led by Michal Hruaovský, has successfully defended its client in commercial litigation before Slovak courts against the "alleged" owner of a receivable.

The dispute contained various foreign elements. The claimant asserted that a receivable of the original owner (the client's former supplier of automotive components) was assigned to it based on an assignment agreement governed by foreign law. Despite the fact that the District Court in Banská Bystrica had issued a payment order, on behalf of the respondent we appealed and sufficiently evidenced to the competent court in subsequent proceedings that the "alleged" assignment was not valid and that the receivable ceased to exist—partially due to its payment and partially due to off-set.

The court decision is now final and binding, and the claimant is obliged to pay the costs of the proceedings to our client.

Contributor

Kinstellar acts as trusted legal counsel to leading investors across Emerging Europe and Central Asia. With offices in 11 jurisdictions and over 350 local and international lawyers, we deliver consistent, joined-up legal advice and assistance across diverse regional markets – together with the know-how and experience to champion your interests while minimising exposure to risk.

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