Greece

LEXISNEXIS RISK SOLUTIONS STRENGTHENS ALLIANCE WITH INFOCREDIT GROUP, EXTENDING SERVICE COVERAGE TO MALTA, ROMANIA, GREECE, UAE AND RUSSIA

  ATLANTA (Oct. 05, 2017) — LexisNexis® Risk Solutions, a part of RELX Group, a leading risk management and data analytics company, has recently signed a new agreement with industry-leading information provider Infocredit Group, to extend the scope of their existing alliance through expanded service coverage to include the countries Malta, Romania, Greece, UAE and […]

Legal Opinion – Broker’s Commission

A brokerage is entitled to commission when its intervention leads to conclusion of a charter party. In acase brought before Piraeus courts, a shipowner had entered into a charter party through a broker, whoreceived the agreed commissions. By the end of the charterparty, the owner negotiated again with the same charterer through two competingbrokers, the […]

Manolis EglezosFounder & Managing Partner, Manolis Eglezos & Associates

OBLIGATION TO DECLARE CASH AT AIRPORTS/ ΥΠΟΧΡΕΩΣΗ ΔΗΛΩΣΗΣ ΡΕΥΣΤΩΝ ΔΙΑΘΕΣΙΜΩΝ ΣΤΟΥΣ ΑΕΡΟΛΙΜΕΝΕΣ

According to Regulation no. 1889/2005, any natural person entering or leaving the European Union (EU) carrying cash with a value equal to or greater than 10.000€ must declare this amount to the competent authorities of the member states through which it enters or leaves the EU. Cash includes also tradable securities (such as checks, etc.), […]

Manolis EglezosFounder & Managing Partner, Manolis Eglezos & Associates

Legal Opinion: Bills of Lading

In a sea and land transportion case involving a container, the plaintiff, a freight forwarding company,undertook to deliver to receivers cargo on b/l terms including a laytime and demurrage term. Suchterms provided that if the cargo was not received and container not returned to the sea carrier within aspecific period of time, demurrage would apply […]

Manolis EglezosFounder & Managing Partner, Manolis Eglezos & Associates

Legal Opinion – ‘Closed’ salary – Bonus

An employment contract can include a clause stating that possible future additional allowances can be set off against the salary, provided it is higher than the minimum lawful wages, as they might apply. The clause has effect where there is an agreed salary, including basic salary and all lawful allowances, which exceeds the aggregate of […]

Manolis EglezosFounder & Managing Partner, Manolis Eglezos & Associates

Arbitration Award of Maritime Chamber of Greece

Under certain circumstances, an Arbitration Award by the Maritime Chamber of Greece can be annulled.This can apply where the award has violated the prevailing moral considerations of the society.It can also be annulled if it contravened public order provisions. Further, when grounds for a review ‘de novo’ of the case apply, the award can also […]

Manolis EglezosFounder & Managing Partner, Manolis Eglezos & Associates

Legal Opinion: Arbitration Clause

When bunkers were supplied, the sale was described as being subject to seller’s general terms of sale ofmarine fuel. In the terms, there was a clause for Danish arbitration in Aalborg or Copenhagen.With a dispute having arisen, the buyers challenged the arbitration clause invoking they never discussedit and that consumer’s protection provisions rendered the relevant […]

Manolis EglezosFounder & Managing Partner, Manolis Eglezos & Associates

LEGAL OPINION: Ship’s agent

The function of ship’s agent, although not specifically regulated, resembles that of a commercial repre-sentative, principals being the ship’s interests. The agent may act in the principal’s name or in its own name, always on the principal’s behalf. The agent, where he has contributed to attracting new clients or substantially increased volume of existing clientele, […]

Manolis EglezosFounder & Managing Partner, Manolis Eglezos & Associates

LEGAL OPINION: Ship’s agent – remuneration for clientele creation

When a ship’s agent brings a clientele for the vessel, if the agreement is terminated, the shipowner isliable to pay, apart from commissions agreed for the agent’s work, further amounts, as “clientele remuneration”.Such remuneration is similar to that received by commercial representatives.This is applicable when a new client is involved, but also for the increase […]

Manolis EglezosFounder & Managing Partner, Manolis Eglezos & Associates