PUBLICATIONS

The ICSID recent decision on the Greek PSI: Can sovereign bonds be protected as investments?

By Epameinondas Stylopoulos, Attorney-at-Law, LL.M., ACIArb, Managing Partner * This article has been published on Kluwerarbitrationblog.com (2-7-2015) (available also at http://kluwerarbitrationblog.com/blog/2015/07/02/the-icsid-recent-decision-on-greek-psi-can-sovereign-bonds-be-protected-as-investments/) A ruling issued on the 9th April 2015 by the International Centre for Settlement of Investment Disputes (ICSID) rejected a case brought by a Slovak bank and its shareholders against the 2012 PSI bond ...

The Three “S” that May Make the Difference for Greece

By Epameinondas Stylopoulos, Attorney-at-Law, LL.M., ACIArb, Managing Partner * This article has been published to Business Partners, the magazine of the American-Hellenic Chamber of Commerce (June 2015) One of the most important key factors that determine the decision of an entrepreneur   to invest in a given territory is the local tax regime. Low tax rates ...

Review of the recent decision of the Hellenic Competition Commission in franchising agreements

By Sofia Georgiadi, Attorney-at-Law, LL.M., Associate In 31.12.2014 the Decision No 580/VII/2013 of the Hellenic Competition Commission (hereinafter “HCC”) was published in the Government Gazette, rekindling the debate on the franchising practice in Greece and the possible infringement of antitrust laws by many large companies that create a kind of a “franchising cartel” in the ...

Issues of parallel imports under the light of the recent Unilever Hellas rulling

By Sofia Georgiadi, Attorney-at-Law, LL.M. Recently, the Athens Three – Member Administrative Court of Appeal delivered a ruling (Dec. no. 3807/14) on the appeal filed by Unilever Hellas for the annulment of the Euros 7,000,000 fine imposed by the Hellenic Competition Committee (Decision no 441/V/2009) arguing, however, on the infringements of the European and national ...

Recent Arbitration Developments in Greece

By Epameinondas Stylopoulos, Attorney-at-Law, LL.M., ACIArb The purpose of this report is to highlight recent developments in Greece concerning arbitration. In this context, reference is made to two recent arbitration – related decisions of the Greek Courts reviewing the possible annulment of two separate ICC arbitral awards. Suspension of an ICC arbitral award enforcement on ...

Arbitral expert’s opinion and arbitration: Meaning and practical implications

By Sofia Georgiadi, Attorney-at-Law, LL.M. This article focuses on a decision of the Greek Supreme Court that shed light on the issue of the arbitral expert’s opinion and its differentiation from the general recourse to arbitration, two procedures often misidentified by the contracting parties. Before analyzing the considerations of the Court, one must briefly refer ...

Recognition and enforecement of arbitral awards in Greece

According to articles 903, 905 and 906 of the Greek Code of Civil Procedure (Kodikas Politikis Dikonomias, the “CCP”), a creditor may enforce a foreign arbitral award in Greece only if the award has first been recognized by the court of first instance (Monomeles Protodikeio) at the place of the debtor’s seat or domicile. In ...

Recent arbitration developments in Greece

YIAG E-news January 2012 (http://www.lcia.org/Membership/YIAG/E_News.aspx) Arbitration in Greece: Overview of recent decisions of the Greek Supreme Court (the Areios Pagos) The purpose of this report is to highlight recent developments in Greece concerning arbitration. In this context, reference is made to two recent arbitration-related decisions of the Supreme Court of Greece (the Areios Pagos) reviewing ...

Recent arbitration & mediation developments in Greece

YIAG E-news December 2010 (http://www.lcia.org/media/download.aspx?mediaId=134) The purpose of this report is to highlight recent developments in Greece concerning arbitration and ADR. In this context, the first part of this report focuses specifically on two recent arbitration-related decisions of the Supreme Court of Greece (the Areios Pagos). In the second part, reference is made to a ...

The legitimate expectations of the… arbitrators!

This post is also available at Κluwerarbitrationblog.com (8-9-2009) In modern treaties, a fair and equitable treatment standard (hereinafter “FaETS”) is to be provided to foreign investors and investments by the host state. In the past, the FaETS had been viewed as merely a sub-category of the international minimum standard. However, recent practice and international case law ...

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