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Obligation to minimize damages in case a loan was unjustly declared due and payable?
14.12.2016In the case decided, a bank unjustly declared the loan earlier due and payable, whereupon the borrower demanded the costs of the debt restructuring from the bank as compensation for damages.
Read moreRight to a compulsory portion - effectiveness of an arbitration clause
14.12.2016The legal right to a compulsory portion cannot be made subject of arbitrational proceedings by manifesting an arbitration clause in the last will.
Read moreProspectus information and final conditions
14.12.2016Issuers of bonds must publish important information in the offering programme in a basic prospectus.
Read moreNew procedural rules at ICC
14.12.2016On 01.03.2017 new procedural rules for ICC arbitration came into force. In the future, the reasons for a decision regarding the challenge of an arbitrator will have to be announced.
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