The Council of State has decided accordingly: • It has rendered unconstitutional all cuts (that had occurred in the summer of 2016) of 260.000 supplementary pensions, in case their total sum supersedes the amount of 1.300, 00€ brutto, exactly because they had been imposed without any previous proportional estimations, therefore in contradiction to the constitutional […]
Who is considered to be the rightful Proprietor? The rightful proprietor is considered to be the natural person –s to whom ultimately belongs or who ultimately manage –s the legal person in charge, by possessing and/ or by controlling directly or through the possession of shares and/ or voting rights and/ or other ownership rights, […]
Review of the actual total of business, housing, consumer loans and other kinds of similar agreements having as counterparty a Banking institution – Legality review of the terms of the agreement – Unfairness of terms of the relevant agreements – Mediation as a means for arranging immediately the situation at hand, for forwarding negotiations with […]
In a collision in Greek territorial waters, the Brussels International Treaty 1911 applied. The Treaty provides for the limitation of liability of a liable party, through the creation of a liability fund. This is established with the Court or any other competent authority, in a state where a lawsuit is filed for claims which are […]
ISSUANCE AND EXECUTION Could it be that property assets maintained abroad by “strategic debtors” might be revealed? Could it be that national court decisions or orders of payment might be executed abroad? Could it be that European orders of payment and/ or court decisions issued nationally might be eligible to be executed abroad? Useful legal […]
Article 1400 CC, as replaced by article 15 of law 1329/ 1983, provides that : “If marriage is cancelled or declared void and the other spouse’s property has, after the marriage had taken place, been increased, the other spouse, given that he/ she in any way has contributed to that certain increase, he/ she has […]
Within October 2019 the EU Finance Ministers are expected to remove from the EU List of Non-Cooperative Tax Jurisdictions: Switzerland United Arab Emirates (UAE) Marshall Islands. It is to be noted that the EU is trying to contribute on a global scale to the so-called ‘good tax governance’, so as to combat tax fraud, tax […]
Is it possible that accounts, that your debtors hold as beneficiaries abroad, i.e. in institutions like for instance banks, depositary institutions like for instance institutions withholding intangible assets, investing entities like for instance financial corporations and insurance companies, could be revealed? Useful legal “tools”. Putting an effort to get data from records kept according to […]
THE DAMAGES CAUSED BY THOMAS COOK TO HOTELIERS AND TOURIST OPERATORS IN GREECE, TO THE GREEK BANKING SYSTEM AND TO THE GREEK ECONOMY Thomas Cook had been doing business in Greece by working at least with 459 hotels 4 of which are self-owned, while the largest amount of turnover had been taking place in Crete, […]
(Greek Residence Permit and Schengen Visa to non-EU Nationals with the purchase of Property with minimum value 250,000 Euros) The Golden Visa status in Greece offers to whomever is a beneficiary owning this certain visa, the advantage of free movement within the zone as provided by the Schengen Convention (“Schengen Convention Area”). It is an extended […]
A yacht was insured through the intervention of insurance brokers. During the life of the insurance contract, the owners changed their name to reflect the fact the shareholding had changed, and they now had a sole partner. This was not notified to the underwriters. The yacht was lost due to an engine fire. The owners […]
Dear all, We are pleased to share with you our trimestrial Newsletter, referring to recent legal developments in areas of interest. We hope you will find the information contained therein of use. Please click here to view/read the full article.