Real estate projects are very demanding: they require careful consideration of numerous elements, often crossing several areas of law and jurisdictions. Regardless of their role—or the complexity of the project—real estate investors and owners rely on experienced legal consultants with a strong industry understanding and connections in the field, reinforced by national strength and resources. […]
What is European Company Formation? The SE (European Company Societas Europaea) is a type of an SA established by EU Law. It is about businesses that wish to expand their activities at least to another EU country. Thus it is understood that this type of an SA entity could be formed anywhere in the (still […]
First and foremost of all, what needs to be clearly demonstrated is the fact that the subsidiary of any foreign entity here in Greece bears the exact same responsibilities with any other national entity that finds itself operating solely within the Greek boundaries; In other words, the same tariffs stand in terms of profits as […]
A vessel collided to another one when effecting mooring action. The other vessel, a coastal ferry, was already moored. The collision occurred under good weather conditions. The already moored vessel’s crew was under no duty to look out or to use signals for the avoidance of the collision. Nor was she under the duty to […]
The following constitutes brief yet thorough analysis of the current legislative framework: According to Art. 20 of the Law on Immigration and Social Integration (4251/2014) (former Article 24 of Law 3386/2005) citizens of third countries as well as members of their families that wish to reside or otherwise live in Greece without working, are eligible […]
Three laws rule salvage in Greece, Brussels Convention 1910, Greek Private Maritime Law Code and London Convention 1989. The latter prevails over the other two on issues it deals with. Salvage remuneration can be sought where we have a rendering of assistance to a vessel, risk of loss or damage, successful outcome. Peril can be […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Katsaros Vasilis of Taxspirit. Katsaros has joined IR as our exclusive Corporate Services Member in Greece. Taxspirit Business Consulting Company is an Athens-based law firm specializing in Business consulting, Tax advisory, Tax planning and tax representation for foreigners companies. We are a […]
Manolis Eglezos & Associates have recently released their latest Firm Newsletter. In this addition, you can read about the following subjects: Forms of hotel room leasing – guarantee booking and allotment Delivery of goods without production of a bill of lading Fresh s.a. law on related party transactions Ιnter Vivos procedure of private company shares transfer or encumbrance Interest rate and αct ordering the enforcement […]
Modern practice has seen the emergence of various schemes whereby the owner of a vessel entrusts her management to a manager, who undertakes the technical management of her. Such management involves maintenance, supplying and crewing of the vessel. Another alternative is the agreement for technical and commercial management, which also includes chartering of the vessel, […]
A seafarer was employed on board an Italian flag vessel, time-chartered by her Italian shipowner to a Greek charterer. The contract of employment was between the shipowner and the seafarer. Greek collective agreement applied and charterer’s accounting department was processing and clearing payments to the seafarer. The latter filed a lawsuit against charterer, claiming labour […]
The contributions paid by the shipowner to the Greek Seamen Pension Fund (NAT) form part of the seafarer’s salary. Accordingly, in a claim for seafarer wages, the shipowner/ employer can propose amounts contributed to NAT in set-off of the amounts sought. Piraeus One-Membered Court of Appeal, Judgment no 100/2018, Judge: M. Papadogrigorakou, Attorneys at law: […]
As per the official website of the Cyprus Stock Exchange (http://www.cse.com.cy/en-GB/profile/), this was established as a legal entity in the form of a public corporate body under the Cyprus Securities and Stock Exchange Laws and Regulations which were passed by the House of Representatives in 1993 and 1995, respectively. The first trading session on the […]