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  • Article

    G. Psarakis - The 4 Stages Of Debtor Asset Protection Under The Out-of-Court Debt Settlement Mechanism

    Much has been written about the new Out-of-Court Debt Settlement Mechanism introduced by Law 4738/2020.
    GreeceFinance and Banking
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    G. Kefalas – Debt Settlement Towards The State And E-EFKA Explained Through 10 Brief Q&As

    The out‑of‑court settlement mechanism has emerged as a key tool for businesses in restructuring their debts, particularly in relation to the Greek State and e‑EFKA (the Social Security Fund).
    GreeceFinance and Banking
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
Article

Debt Settlement Towards The State And E-EFKA Explained Through 10 Brief Q&As

The out‑of‑court settlement mechanism has emerged as a key tool for businesses in restructuring their debts, particularly in relation to the Greek State and e‑EFKA (the Social Security Fund).
GreeceFinance and Banking
Psarakis & Kefalas Law Firm
Psarakis & Kefalas Law Firm
  • Article

    G. Kefalas – The Change In The Out-of-court Mechanism That Hinders Legal Entities From Settling Debts With Public Authorities, And The Improvements Introduced By Joint Ministerial Decision 77129/7.5.2025.

    The out‑of‑court settlement mechanism is a debt restructuring tool that, from its introduction in 2021 until today, has undergone successive amendments, particularly aimed at improving settlement terms for debtors...
    GreeceInsolvency/Bankruptcy/Re-Structuring
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    G. Kefalas - Out-of-Court Mechanism: A Tool For Large Enterprises To Settle Debts To The State And The E-EKFA

    The out‑of‑court mechanism emerges as an important tool for businesses, especially in cases of debts to the State and to e‑EFKA.
    GreeceFinance and Banking
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    Out-of-Court Workout: A Tool For Large Enterprises To Settle Debts To The State And The E-EKFA

    Summary: The out‑of‑court mechanism emerges as an important tool for businesses, especially in cases of debts to the State and to e‑EFKA.
    GreeceFinance and Banking
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    The Five (5) Key Points Of Law 5193/2025 Regarding The Out-Of-Court Debt Settlement Mechanism

    Law 5193/2025 introduces new changes to the out-of-court debt settlement mechanism, aiming to increase the number of successful settlements through the digital calculation tool, improve its functionality...
    GreeceTax
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    The ''Collateral'' Benefits For Debtors Under The Out-of-Court Debt Settlement Mechanism (Law 4738/2020) Regarding Public Entities And Social Security Funds

    Summary: The out-of-court debt settlement mechanism of Law 4738/2020 has proven to be an extremely useful tool, particularly for the settlement of debts to the State and Social Security Funds...
    GreeceFinance and Banking
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    Collateral" Benefits For Debtors From The Out-of-Court Settlement Mechanism Under Law 4738/2020 In Relation To The State And Social Security Funds

    The out-of-court debt settlement mechanism under Law 4738/2020 has proven to be an extremely useful tool, especially for the settlement of debts to the State and Social Security Funds, as it allows debt settlements...
    GreeceFinance and Banking
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    Appeal Against The Bankrupt's Discharge - Some Thoughts Based On The First Decisions Of The Courts

    The most important innovation of the new bankruptcy law under the new law. 4738/2020 is the automatic discharge of the bankrupt from his debts after the expiration of the specified period of time...
    GreeceInsolvency/Bankruptcy/Re-Structuring
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    The EU Listing Act: Prospectus And Listing Requirement Changes For Greek Issuers

    The EU Listing Act package forms part of the broader deliberations on the Capital Markets Union, the core aim of which is to improve access to market-based financing for EU companies at each stage of their development.
    GreeceFinance and Banking
    Papapolitis & Papapolitis
    Papapolitis & Papapolitis
  • Article

    The Calculation Of The Value Of The Share Of An Exiting Or Excluded Partner From A Partnership – Legal Insight

    Under the law governing partnerships (Law 4072/2012), a partner who exits or is excluded from the partnership (in addition to the right to have returned in kind the assets contributed for use)...
    GreeceCorporate/Commercial Law
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    Venture Capital

    GreeceFinance and Banking
    Bahas Gramatidis & Partners
    Bahas Gramatidis & Partners
  • Article

    Secondary Legislation Opens Path For Servicers And Purchasers Of Greek NPLs To Acquire License By The Bank Of Greece

    Authorization process for Servicers and Purchasers of NPLs.
    GreeceFinance and Banking
    Your Legal Partners
    Your Legal Partners
  • Article

    Auctions: Bank REOs Under Judicial Scrutiny

    Greek courts are increasingly ruling that real estate acquisitions at auction by REO companies affiliated with loan servicers constitute an unlawful circumvention of statutory prohibitions. Recent judgments from the Western Macedonia Court of Appeal and Athens Court of First Instance have found that these arrangements allow servicers to maintain economic control while formally separating legal entities, depriving debtors of fair settlement opportunities and enabling below-market acquisitions.
    GreeceFinance and Banking
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    The Tax Clearance Certificate And The Certificate Of Debt - The Super Weapons Of The State For Rapid Collection Of Its Claim

    Summary: As is known, the submission of a tax clearance certificate has been legally established as a prerequisite for completing various types of transactions, even when the State is not involved...
    GreeceTax
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    Το Δικαιο Αφερεγγυοτητας Στην Πραξη - Το «μωσαϊκό» Των Επιλογών Του Οφειλέτη

    Φυσικό πρόσωπο ενέχεται με υψηλές οφειλές σε Τράπεζες, προμηθευτές...
    GreeceInsolvency/Bankruptcy/Re-Structuring
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    Το «μωσαϊκό» επιλογών του οφειλέτη - Οι δυνατότητες διευθέτησης των χρεών του μέσα από το ισχύον νομοθετικό πλαίσιο με βάση συγκεκριμένες υποθέσεις εργασίας

    Ε ξωδικαστικός μηχανισμός, πτώχευση, παροχή «δεύτερης ευκαιρίας», διαμεσολάβηση, εξυγίανση, κώδι_
    GreeceInsolvency/Bankruptcy/Re-Structuring
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Showing 21–38 of 38 results

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