Greece: Insolvency/Bankruptcy

Subscribe

Insolvency law and bankruptcy law articles, thought leadership, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics surrounding financial restructuring, insolvency and bankruptcy.

E. Karanikola - Application For Income Exemption From The Bankruptcy Estate And One-Year Discharge

Summary: In previous articles, we discussed the procedure for declaring simplified bankruptcy as well as the debtor's remaining assets following the declaration (see here).

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

D. Stamarga - Which Debts Are Not Released Following The Debtor's Bankruptcy Discharge?

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...

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

A.V. Poulimenou - Asset Liquidation In Bankruptcy: The Exception - Sale Of The Business As A Whole Or As Functional Units

This article examines the process of selling individual assets in bankruptcy, as outlined in Law 4738/2020, with emphasis on the deviations from the Greek Code of Civil Procedure and the legislative intent...

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

G. Psarakis - Release Of Legal Representatives From Liabilities To The State

It is well known among all those who engage in business that the position of Chief Executive Officer constitutes a position of responsibility...

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

A.V. Poulimenou - The Liquidation Of The Bankruptcy Estate Through The Sale Of Individual Assets

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

Fraudulent Conveyance Of Creditors: Asset Insufficiency And Critical Timing

Greece Criminal

PK

Psarakis & Kefalas Law Firm

The Guarantor's Defense Of Release Under Article 862 Of The Civil Code

Greece Government

PK

Psarakis & Kefalas Law Firm

Μια αντιδικία θέλει σκέψη, πρόγνωση και μαχητικότητα

Greece Commercial

PK

Psarakis & Kefalas Law Firm

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

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

Real Estate Rehabilitation Transfers Under Law 4738/2020 - Tax Exemptions And Relationship Formation

Greece Real Estate

PK

Psarakis & Kefalas Law Firm

The Palette Of Solutions For Indebted Businesses

PK

Psarakis & Kefalas Law Firm

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

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

Small Scale Bankruptcy - Procedural Requirements And Definition Of The Petition In Particular After The 2023 Changes

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

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

PK

Psarakis & Kefalas Law Firm

Project Finance Comparative Guide

MP

Machas & Partners Law Firm

G. Psarakis - Release Of Legal Representatives From Liabilities To The State

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

G. Psarakis - Who's Afraid Of Justice? The Secret Algorithm Of The Out-of-Court Mechanism And The Restructuring Of Business Debts

PK

Psarakis & Kefalas Law Firm

Property Acquisition Through Compulsory Auction: Risks And Recent Reforms Strengthening The Position Of The Highest Bidders

Greece Real Estate

PK

Psarakis & Kefalas Law Firm

International Arbitration Comparative Guide

Greece Litigation

MP

Machas & Partners Law Firm

The Debtor's Defence Against The Bankruptcy Petition Through The Denial Of Being In A State Of Bankruptcy

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.

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

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...

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

The Critical Changes In The Legislative Framework Of The Out-of-Court Settlement Mechanism And Non Performing Loans

Summary: A few days ago Law 5072/2023 was passed in relation to the long-awaited legislative changes to the out-of-court debt settlement mechanism and the law on NPLs.

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

Abusive Filing Of A Bankruptcy Petition By A Creditor

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.

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

The 'Privileges' From The Designation Of The Debtor As Vulnerable

Greece Insolvency

PK

Psarakis & Kefalas Law Firm

Foreclosure Against Hotel Units: Creditor Practices

Greece Real Estate

PK

Psarakis & Kefalas Law Firm

Recent Reforms: Effects Of Bankruptcy On Contracts

Greece Insolvency

ZY

Zepos & Yannopoulos

Key Considerations For Structuring And Managing NPL Portfolios In Greece

YL

Your Legal Partners

Intra-EU Cross-Border Seat Transfers: Risks For Stakeholders

European Union Commercial

YL

Your Legal Partners

Heavily Indebted Individuals

Greece Insolvency

YL

Your Legal Partners

Law On Extrajudicial Settlement Of Debts – New Step Towards Opening The Path For Efficient Restructuring Of Businesses In Greece

Greece Insolvency

YL

Your Legal Partners

Securitisation 2018

Greece Commercial

YL

Your Legal Partners

Capital Controls In Greece

Greece Insolvency

RS

Reed Smith (Worldwide)

Risk Of Greek Default Remains High

Greece Strategy

D

Deloitte

Law On Extrajudicial Settlement Of Debts – New Step Towards Opening The Path For Efficient Restructuring Of Businesses In Greece

The long discussed bill regarding extrajudicial debts' settlement has been enacted by the Greek legislator on May 3, 2017.

Greece Insolvency

YL

Your Legal Partners

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 ...

Greece Commercial

YL

Your Legal Partners

Capital Controls In Greece

On 28 June the Greek government imposed capital controls and introduced a bank holiday period, during which the banks remained closed. On 18 July 2015 a new legislative act was passed, with which the bank holiday period ended and banks re-opened.

Greece Insolvency

RS

Reed Smith (Worldwide)

Risk Of Greek Default Remains High

Last week, Greece repaid a €750m loan to the International Monetary Fund (IMF), ending weeks of uncertainty over whether it would become the first developed economy to default on a loan from the IMF.

Greece Strategy

D

Deloitte

See more

Latest Videos

See more

One Step Ahead Insights Podcast

AO

A&O Shearman

Video | Ruud Brunninkhuis En Laurens Prickartz | AvdR – Journaal Insolventierecht | 7 Oktober

B

Buren

Insolvency, Restructuring And Funding Advisory

GT

Grant Thornton

Iberian Lawyer TV: Debt Recovery And Insolvency Cases Decreasing In Portugal

Iy

Iberian Lawyer

Iberian Lawyer TV: Revised Insolvency Act Brought Fundamental Change

Iy

Iberian Lawyer

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More