Our team represents and consults on a wide range of issues a leading Investment Company in the field of energy, developing a project for the construction and operation of nine Small hydropower plants (SHPP) on the river Iskar. The project, begun in 2005, is divided into three phases and five of the power plants are already operating. Due to heavy rains and increasing the level of river Iskar one of the 5 hydroelectric plants is flooded, causing damage, including replacement of the turbine and production loss - stop of the production process for producing electricity. The lawyers of the law firm raised claims to the insurer who initially refused to pay compensation with the argument that the event does not fall under the policy provided cases. After analysis and detailed statement regarding both the scope of the policy and the judicial practice under the questions raised and expressing willingness to take legal action, the insurer paid the compensation in full.
Practice: Insurance Law
Connection with other practices: Administrative Procedures and Regulations
