Vivacom, Bulgaria's Largest Telecoms Network, Wins Legal Battle in England

Having already been defeated multiple times in the Luxembourg and Bulgarian courts, the claimants turned to England arguing that the sale was a sham, took place at an undervalue and should be set aside. Having already been defeated multiple times in theLuxembourgand Bulgarian courts, the claimants turned toEnglandarguing that the sale was a sham, took place at an undervalue and should be set aside. After 6 days of hearings, the English judge, the Honourable MrsJustice Moulder,...

SOFIA, Bulgaria, 10/07/2019 (informazione.it - comunicati stampa - telecomunicazioni)

Having already been defeated multiple times in the Luxembourg and Bulgarian courts, the claimants turned to England arguing that the sale was a sham, took place at an undervalue and should be set aside.

After 6 days of hearings, the English judge, the Honourable Mrs Justice Moulder , dismissed and struck out the latest set of claims in their entirety.

Welcoming the decision, Spas Roussev, Vivacom's largest shareholder commented:

Vivacom is the most profitable telecommunications company in the Balkans, providing fixed and mobile telecoms services. 

Link to judgment: http://www.bailii.org/cgi-bin/format.cgi?doc=/ew/cases/EWHC/Comm/2019/1747.html&query=(lic)+AND+(telecommunications)