Europe: Insolvency/Bankruptcy/Re-Structuring

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Article
The Issuance Of Tax And Social Security Clearance Certificates Within The Framework Of Law 4738/2020
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.
Greece Insolvency
PK
Psarakis & Kefalas Law Firm
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Article
A Message To (Young) Lawyers: Artificial Intelligence Is Not Your “magic Toolbox” (Cork V. Smith)
A UK court case reveals how a junior lawyer at a prestigious international law firm relied entirely on AI for legal research, resulting in hallucinated case citations and fabricated statutory provisions being submitted to the court. The incident prompted judicial scrutiny and raises critical questions about the proper role of artificial intelligence in legal practice and the enduring importance of traditional research skills.
United Kingdom Litigation
GR
Gardiner Roberts LLP
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