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  • Article

    One Law To Rule Them All: The New Legal Framework For The Establishment And Enforcement Of Pledges In Greece

    On July 19, 2024, the Greek Parliament enacted Law No. 5123/2024 titled "Modernisation of the legislative framework for pledges and establishment of a unified electronic pledge registry on moveable property, claims, and other rights and other provisions" (the "Law").
    GreeceFinance and Banking
    Kyriakides Georgopoulos Law Firm
    Kyriakides Georgopoulos Law Firm
  • 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

    Capital Controls

    On 18 July 2015, the Greek Government passed a law ending the bank holiday period imposed on 28 June 2015.
    GreeceFinance and Banking
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • 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

    Objection Against The Protocol Of Compensation Assessment For Unauthorized Use Of Public Property

    In cases where an individual or legal entity appropriates or uses public property without having a contractual relationship with the State and consequently derives benefits to the detriment of the State...
    GreeceReal Estate and Construction
    Psarakis & Kefalas Law Firm
    Psarakis & Kefalas Law Firm
  • Article

    Securitisation 2018

    Formalities. In order to create an enforceable debt obligation of the obligor to the seller: (a) is it necessary that the sales of goods or services are evidenced by a formal receivables contract; (b) are invoices alone sufficient; and ...
    GreeceCorporate/Commercial Law
    Your Legal Partners
    Your Legal Partners
  • Article

    Ο Νέος Κανονισμός Του Χρηματιστηρίου

    Οι αλλαγές που θεσπίστηκαν στον Κανονισμό του Χρηματιστηρίου Αθηνών στοχεύουν να ενισχύσουν την
    GreeceFinance and Banking
    Papapolitis & Papapolitis
    Papapolitis & Papapolitis
  • Article

    Νέο Πλαίσιο Επιβολής Προστίμων Από Το Γ.Ε.ΜΗ. Στην Ελλάδα– Τι Προβλέπει Η Υ.Α. 46982/18.06.2025 Για Τις Επιχειρήσεις

    Σε ισχύ τέθηκε η Υπουργική Απόφαση 46982/18.06.2025, η οποία καθορίζει το ρυθμιστικό πλαίσιο επιβολής διοικητ&
    GreeceCorporate/Commercial Law
    Karatzas & Partners
    Karatzas & Partners
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