This paper deals with recent developments in Bulgarian arbitration world, focusing on the Supreme Court of Cassation’s Interpretative Ruling No, 1 of 21 February 2024, which has finally clarified two key issues: that the assignee is bound by the arbitration agreement concluded between the assignor and the debtor, and that no explicit power of attorney is required under Bulgarian law for concluding arbitration agreements. Despite this advancement, the paper highlights the ongoing uncertainty surrounding the recognition and enforcement of foreign arbitral awards, specifically regarding the formal requirements for the documents to be supplied to the Bulgarian courts. The core issue the Bulgarian courts are debating is whether the requirement in the domestic legislation for providing the court with arbitral award with notarisation of the signatures and the capacity of the arbitrators, along with a certificate that the award has entered into force, are applicable in the process of recognition and enforcement of foreign arbitral awards.Predmet ovog rada tiče se nedavnih dešavanja u bugarskom arbitražnom svetu, sa fokusom na interpretativnu presudu Vrhovnog kasacionog suda br. 1 od 21 februara 2024, kojom su konačno razjašnjena dva ključna pitanja: da je primalac obavezan sporazumom o arbitraži zaključenim između prenosioca i dužnika, i da prema bugarskom nije potrebno specijalno punomoćje zakonu za zaključivanje sporazuma o arbitraži. Uprkos ovom napretku, Rad naglašava postojeću neizvesnost oko priznavanja i izvršenja stranih arbitražnih odluka, posebno u vezi sa formalnim uslovima za dokumente koji se dostavljaju bugarskim sudovima. Osnovno pitanje koje bugarski sudovi raspravljaju je da li se uslov za priznanje i izvršenje stranih arbitražnih odluka ogleda u podnošenju sudu arbitražne odluke sa overom potpisa arbitara, te sa potvrdom da je odluka stupila na snagu
