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...

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...

Personal companies, namely General Partnerships (O.E.) and Limited Partnerships (E.E.), are among the most common forms of corporate structures in the realm of small and medium-sized enterprises.

In this article we examine which debts appear to constitute exceptions to the rule of discharge in bankruptcy. In other words, which debts the bankrupt does not shed even after the lapse of three years...

In our previous article (see here), we thoroughly analyzed the issue of renouncing inheritance by a minor heir. In this note, we will attempt a comprehensive view of the institution of accepting inheritance...

Abstract: In a previous article (see here), we discussed how a debtor who does not wish to be declared bankrupt can defend himself against a petition filed by one of his creditors by claiming that the petition.

According to Greek law governing personal partnerships (Law 4072/2012), a partner who withdraws or is expelled from the company (in addition to claiming the in-kind return of assets contributed for use) is generally...

Financial circumstances may force a debtor to apply to the Bankruptcy Court for a declaration of bankruptcy, especially if the debtor is generally and permanently unable to meet its due obligations.

Summary: This article presents case law examples where Greek courts have ruled that enforcement proceedings should be suspended due to the debtor's submission of an application...

An important asset, from which a creditor can be satisfied in case of enforcement, is the securities owned by the debtor. The modern economy has, in fact, necessitated, to a considerable extent, the dematerialisation...

Criminal plea bargaining is a modern institution in Greek criminal law that introduces an innovative framework for resolving criminal cases.

The crime of non-payment of debts to the State is provided for by Article 25 of Law 1882/1990 and is one of the most commonly encountered in courtrooms.

Summary: The rule in a public limited company is that shareholders are not burdened with obligations. By simply paying their contribution, shareholders enjoy the privileges of corporate participation...

Business transfer refers to the transfer of an economic entity that retains its identity as a set of organized resources, aimed at exercising economic activity. This transfer, whether contractual or by law...

Trade mark registration offers businesses exclusive rights, legal protection, and strategic advantages—yet many overlook this cost-effective step. This guide examines the value of registered marks, the protection available for unregistered signs, and how EU subsidies can reduce registration costs for SMEs by up to 75%.

Summary: In modern transactions it is common for two or more persons to hold a "joint account" with a bank, usually a deposit account with several beneficiaries...

Summary: With Law 5135/2024, the Digital Transaction Duty (DTT – ΨTΣ) was introduced, replacing the now outdated Stamp Duty (SD – ΤΧ)...

The few years of existence of the Electronic Insolvency Registry, frequent legislative interventions, technical weaknesses of the platform, combined with the small number of decisions issued so far...

Capital gains tax is a fundamental component of the modern tax system, playing a decisive role in economic activity and investments. It affects both individuals and legal entities during the transfer of participation titles.

Law 4738/2020 introduces critical mechanisms for debt restructuring in Greece, fundamentally transforming how debtors can recover tax and social security clearance certificates. The regulatory framework presents two distinct pathways—the Out-of-Court Debt Settlement Mechanism and the Rehabilitation Agreement—each offering different advantages for unlocking transactional capacities and ensuring business viability through varying withholding requirements and clearance certificate provisions.