ArticleRecent Banking Law Developments - DerivativesGreeceLitigation, Mediation & ArbitrationBahas Gramatidis & Partners
ArticleG. Psarakis – The Appeal Against Discharge | Presentation At The 1st Conference Of Nomiki Bibliothiki On Private Debt Of Natural And Legal PersonsOn 31 January 2026, the 1st Conference on the Private Debt of Natural and Legal Persons took place, organised by NOMIKI BIBLIOTHIKI.GreeceInsolvency/Bankruptcy/Re-StructuringPsarakis & Kefalas Law Firm
ArticleRecent Banking Law Developments - SharesGreeceCorporate/Commercial LawBahas Gramatidis & Partners
ArticleG. Psarakis - Who's Afraid Of Justice? The Secret Algorithm Of The Out-of-Court Mechanism And The Restructuring Of Business DebtsThis dialogue does not sound strange to those dealing with insolvency and corporate debt restructuring.GreeceFinance and BankingPsarakis & Kefalas Law Firm
ArticleLoan Limitation Periods: The Time Limits Borrowers And Guarantors Must KnowA few years ago, we had published on the Euro2Day website certain information regarding the statute of limitations for loan claims.GreeceFinance and BankingPsarakis & Kefalas Law Firm
ArticleThe Liability Of A Partner With A Guarantee Contribution In A Private Company (IKE)Summary: The innovation of the Private Company (IKE) in the corporate law framework lies in its distinctive features that blend elements of a partnership structure with a reduced reliance on corporate...GreeceCorporate/Commercial LawPsarakis & Kefalas Law Firm
ArticleRevised Code Of Conduct For The Management Of Non-Performing Loans Aiming To A Settlement As The Best Possible Solution For Both Borrower And The BanksBank of Greece has published the revised Code of Conduct for the management of non--‐‑performing loans held by individuals and very small businesses (businesses with turnover less than 1 million euros), ...GreeceFinance and BankingYour Legal Partners
ArticleThe Settlement Of Debts To The State And Social Security Institutions Through The Out-of-Court Workout Mechanism Of L. 4738/2020 After The Amendments Of L. 5072/2023.In this note we focus on the advantages of the out-of-court workout mechanism (as in force after the recent amendments of Law 5072/2023), especially with regard...GreeceFinance and BankingPsarakis & Kefalas Law Firm
ArticleA. Kolokotroni - Abuse Of Process In The Declaration Of Auction ContinuationThis article examines the legislative framework for the creditor's submission of a "declaration of continuation" following a previously canceled foreclosure auction...GreeceFinance and BankingPsarakis & Kefalas Law Firm
ArticleThe Palette Of Solutions For Indebted BusinessesExtrajudicial mechanism, bankruptcy, second chance, mediation, reorganization, code of conduct. The truth is that it is difficult for anyone to know with certainty which is the best debt...GreeceFinance and BankingPsarakis & Kefalas Law Firm
ArticleForeclosure Against Hotel Units: Creditor PracticesIn Greece, with its relatively well-developed tourism industry, there are hundreds of hotel units that are struggling to survive the various waves of economic crises, the pandemic, or the consequences of inflation. GreeceReal Estate and ConstructionPsarakis & Kefalas Law Firm
ArticleReal Estate Rehabilitation Transfers Under Law 4738/2020 - Tax Exemptions And Relationship FormationAccording to Law 4738/2020, the rehabilitation process is a collective pre-insolvency procedure aimed at maintaining, utilizing, restructuring, and restoring the company...GreeceReal Estate and ConstructionPsarakis & Kefalas Law Firm
ArticleM. Giannika - Out-of-Court Mechanism: Debt Settlement From Joint Liability – The Case Of Dissolved Or Liquidated Legal EntitiesSummary: The amendment of Article 7 of Law 4738/2020 (scope of application) by Article 75 of Law 5043/2023 resolved a major asymmetry in the Greek out-of-court debt settlement mechanism.GreeceFinance and BankingPsarakis & Kefalas Law Firm
ArticleReal Estate Auctions In Greece: NPL Resolution, E-Auction Procedures, And Foreign Investor AccessIn the aftermath of Greece's financial crisis, the country's banking sector accumulated one of the highest ratios of non-performing loans (NPLs) in the European Union. GreeceReal Estate and ConstructionMichael Kyprianou & Co. LLC
ArticleContractual Risk During The Greek Crisis: Do Capital Controls Qualify As Force Majeure?A number of measures imposing a short-‐‑term bank holiday and capital controls are put into effect by the Greek legislator. GreeceFinance and BankingYour Legal Partners
ArticleElectronic Seizures Of Business Bank Accounts By The Independent Authority For Public Revenue (AADE) And The Risk Of Abuse Of Its PowersIn recent years, the Independent Authority for Public Revenue (ΑΑΔΕ) frequently resorts to electronic seizures of bank accounts, suddenly freezing businesses' liquidity.GreeceTaxPsarakis & Kefalas Law Firm