IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Dimitris Avgitidis of D.K. Avgitidis & Associates. Dimitris has joined IR as our exclusive Insolvency Member in Greece. Dimitris Avgitidis is managing partner of our firm and a Professor of Commercial Law in the Law Faculty of ‘’Democritus University of Thrace’’, where […]
Pandemic has introduced or accelerated new approaches in employment, remote working being one of them. This new field presents several issues, one of them being linked with Employers concern to monitor Employee while teleworking. Installing a software in the computer used by the employee aiming to check his activity, seems to be rather strict for […]
By virtue of the Circular No. Ε.2173/ 2020 of the Independent Authority of Public Revenue it is clarified inter alia that article 50 of L. 4174/2013 (Code of Fiscal Procedure), hereinafter the “Regulation”, which provides -under certain prerequisites- the personal and joint liability of the “administrators” of legal entities (e.g. executive Presidents, administrators, CEOs, liquidators […]
Greece, among other jurisdictions, provides a Residence Visa scheme, entitling beneficiaries thereof to a residence visa enabling them to travel within Schengen countries. Two pillars of this scheme are investment and property acquisition. However, they are not the only ones. Another alternative for a resident of a third country to obtain the residence visa is […]
The draft Code of “Settlement of Debts and Granting of a Second Chance” is expected to replace entirely the existing Bankruptcy Code. The statute of bankruptcy revocation, falls into the provisions which are expected to be amended with the draft Code. More specifically, with respect to the compulsory revoked actions, the current legislation provides that […]
The fresh law on S.A. companies (L. 4548/2018) amends broadly the regime on related party transactions, i.e. transactions with parties that could exercise control or illicit influence towards the company. Thus, pursuant to the fresh law, the competent corporate body for the granting of permission for related party transactions is in principle the Board of […]
Foreword by Andrew Chilvers The Middle East and North Africa (MENA) region is a hugely diverse cultural and geographical mix that stretches from Morocco in northwest Africa to Iran in Southwest Asia. The region is home to a range of economies with vastly different levels of openness to international trade and investment. But with the […]
Grounding of MV EVERGIVEN, which caused a six-day cease of sailing through Suez canal, revealed a number of issues: Size of the vessel contributed to the occurrence of the accident, since through its enormous compact mass, composed by its hull and the 20.000 TEUs carried, was drifted by the wind and grounded. Beyond technical and […]
Foreword by Andrew Chilvers The Middle East and North Africa (MENA) region is a hugely diverse cultural and geographical mix that stretches from Morocco in northwest Africa to Iran in Southwest Asia. The region is home to a range of economies with vastly different levels of openness to international trade and investment. But with the […]
The Middle East and North Africa (MENA) region is a hugely diverse cultural and geographical mix that stretches from Morocco in northwest Africa to Iran in Southwest Asia. The region […]
Read moreReal Estate Greece – Covid 19 September 2020 Short-term leases The short-term leases apply only to residential properties, and after the great rise that occurred in Greece during the years 2016 to 2019, in the last period of time the market has been saturated due to the abundance of real estate and low demand. As […]
In a time charter, the duties of the shipowner are to provide a seaworthy vessel, to effect loading and stowage, to sail keeping the itinerary ordered, to effect discharge and delivery of the cargo to receiver. In case the vessel is chartered in its entirety, the shipowner is also prevented from offering possible unused space […]
