Starting with May 2018, a new regulation on data protection will come into force and replace the current Data Protection Directive (95/46/EC). One change that comes with the new regulation is the requirement for data protection by design and by default. This can help reduce the risks identified in each stage of the development of […]
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Where a pollution incident takes place, the master and the shopowner’s representative are duty bound to report the indicent to the competent Port Authority (or ministry) and to take preventive and reparatory action. If they cannot do so through their own means, they have to appoint specialist companies to do the work. To read the […]
This newsletter covers the following topics; LAW CIRCUMVENTION BY SHOPS OF SANITARY INTEREST UAE OFFSHORE AND BANK ACCOUNTS SOLICITATION BANK TRANSFER AND TAX EVASION CHANGES IN TOURISM LEGISLATION LOANS IN SWIS FRANC – DECISION NO. 334/2016 SOCIAL SECURITY OF PRIVATE COMPANY PARTNERS To read in full please use the link below: Full Article
An individual had incorporated an offshore entity to act as treasury company for amounts saved. Afterhis death, the shareholders of the company were his wife and three children. The company was administeredin Greece, and had no other activity.The wife had withdrawn an amount higher than 25% of the funds deposited, which she donated tothe defendants’ […]
A seafarer was contracted to serve as cleaner onboard a vessel; he was also assigned the tasks ofplumber, which he performed at the same time.Upon termination of his employment, he sought the salary of plumber as well. The shipownersrefused to agree he had worked as such, and if he did, his salary should be only […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Gregory Vlachos of Sarantitis Law Firm. Gregory has joined IR as our exclusive Commercial Litigation Member in Greece. Before joining the firm in 2001, Gregory had been specialized in aspects of civil and penal litigation at various local law firms. His main fields of practice […]
A seafarer served on a vessel through four consecutive employment contracts, the 2nd and 3rd concerning service onboard while the vessel was undergoing repairs and not sailing. The salary agreed was on the basis of a “closed” salary, which means it covered all amounts due under the applicable collective agreement, including a certain volume of […]
As already discussed in previous columns, there are three notions involved with the operation of avessel: Mere owner, who does not interfere with the vessel but assigns her exploitation to a thirdparty; exploiter or “efoplistis”, who exploits a vessel owned by another entity; and the shipownerwho combines the capacities of mere owner and exploiter. Usually, […]
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IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Spyridon Michopoulos of DINAMIKI EPE. Spyridon has joined IR as our exclusive Accounting Services, Tax (Accountants), Audit & Assurance Services Member in Greece. “In a constantly changing financial and taxation environment, our associates work with our customers to understand and deal with […]
A cargo of medicines was damaged during sea carriage and the insured party sued the underwriters forthe insurance remuneration. Insurance covered road and sea transport.The law suit was filed more than two years after the end of the year when the incident occurred, thusthe claim was time barred under the Greek Code of Private Maritime […]