Commercial Law
Our main subject of avocation is related to the field of commercial litigation. Most of our assignors are companies and that is why we are called daily to deal with various issues of corporate life that ends up in courtrooms. Indicatively, our areas of involvement include the following strategies:
- Litigation support in relation to commercial leases (lease claims, lease adjustment lawsuits etc.)
- Judicial settlement of disputes arising from the law of commercial mediation contracts (commercial distribution, representation contracts, etc.)
- Judicial support in leasing cases.
- Collection of commercial claims (precautionary measures – precautionary seizures, pre-notations, acceleration of enforcement-seizures of real estate, seizures of bank deposits etc.)
- Securities law (checks, bills of exchange etc), forced collection and defense against aggressive actions based on securities.
Corporate Law
The company has supported entrepreneurs in various corporate litigations. In fact, a large part of our time is focused on dealing with in-company disputes between shareholders / partners. Indicatively, we provide our services in the following areas:
- Dealing with management issues (judicial appointment of management due to lack of management or conflict of interest, etc.).
- Protection of partner and company rights – judicial support for minority rights, etc.
- Challenge of invalid and annullable decisions of Board of Directors and General Assemblies of all corporate forms.
- Complete legal solutions within the context of business restructuring / rescue, especially based on our experience and specialization in tax and financial law.
- Dissolution and Liquidation of companies (undertaking actions and legal assistance at each stage of the process)
Competition Law
The importance of competition law is self-evident at both national and community level as it is the hard core of business law (or economic law in general) and a crucial factor in shaping the market economy.
The Hellenic free competition law is regulated primarily by the provisions of Law 3959/2011, which replaced the older Law 703/1977, which is in line with its provisions with the provisions of European Union law.
The law of unfair competition is regulated at national level by the provisions of Law 146/1914 and concerns the control and restriction of the illegal acts of the companies that aim to give them a competitive advantage over other companies.
Our Law Firm provides legal support in the following cases, indicatively mentioned:
- Prohibited partnerships (horizontal and vertical agreements).
- Abuse of a dominant position (refusal of supply, practices of obstruction of parallel trade, affiliated and group sales, abuses of a pricing nature, abusive discount policies, discreet pricing, etc.).
- Civil claims of third parties for violation of antitrust rules under CC 914.
- Defense against criminal prosecution under provisions of free competition law.
- Illegal work placement.
- Illegal imitation of a product or service.
- Copy of an intellectual or inventive work.
- Contesting of distinctive features.
- Misleading and comparative advertising.
- Defamatory information about a competitor.
Related articles
The Share Capital Increase of a Société Anonyme by Contribution in Kind and the Issuance of Shares at a Premium
republished from Lawnet
Termination of an Electricity Supply Agreement and Judicial Protection of the Consumer
Conditions for Awarding Goodwill Indemnity (P.D. 219/1991) in Distribution Agreements
Commercial Agency and Distribution in Greek Law – Complete FAQ Guide
Athens Single-Member Court of First Instance Rejects Shareholder Action Seeking Annulment of General Meeting Resolutions of a Société Anonyme
Disputes in Greek General and Limited Partnerships – Complete FAQ Guide
Purchase of Real Estate and Material Defects: What a Prospective Buyer Should Know and How They Can Protect Themselves
Corporate Disputes in the Greek Société Anonyme (SA) – Complete FAQ Guide
Shareholders’ Agreements: The Parallel Order in the S.A. – What the Articles of Association Don’t Say
republished from Lawnet
Shareholders’ Agreements: The Parallel Order in the S.A. – What the Articles of Association Don’t Say
republished from Nomiki Bibliothiki daily and lawnet
Decision of the Supreme Court on the Suspension of Enforcement of a Final and Irrevocable Judgment
Decision of the Administrative Court of First Instance of Athens on the Annulment of an Individual Notice Against an Alleged Heir
Decision of the Single-Member Court of First Instance of Nafplio on an Individual Claim for Damages by a General Partner due to the Dissolution of an L.P. for Just Cause
Tax Framework for Corporate Transformations after Law 5162/2024 – Especially the (Non‑)Taxation of Capital Gains from Asset Revaluations
Profit Distribution in General and Limited Partnerships
republished from Lawnet
The New Tax Framework for Corporate Transformations under Law 5162/2024
Minority Protection – Abusive Decisions of the General Meeting
republished from Nomiki Bibliothiki Daily
The Playbook of Majority Shareholders in S.A. Companies: Abuse of Majority Power and Corporate Conflicts
republished from Euro2day
Non-Disclosure Agreements (NDA) / Confidentiality Agreements (CA) in Business Acquisitions
republished from Nomiki Bibliothiki Daily
Real Estate Investment Companies: Conditions for Establishment and Incentives”
republished from Nomiki Bibliothiki Daily
The palette of solutions for indebted businesses
republished from Euro2day
Lessor’s Compensation Obligation of 500.000 Euros for Non-Completion of the Lease
Distribution of dividends to the Company and limitation of shareholders’ claims
republished from Taxheaven
Rehabilitation of a company with write-off of more than 50% of debts to the State and EFKA
Recovery of a Commercial Claim from an Individual lacking Apparent Assets
Release of a Guarantor in a Lease Contract
Forced Collection of a Commercial Claim through the Issuance of a Payment Order against the Agent and Conservative Seizure based on a Final Determination Judgment
Forced collection of a commercial debt after repeated attempts to conceal income
Intercompany Litigation – Sale of Shares – Sham Allocation of Partnership – Order for Payment of Unjust Enrichment
Forced collection of a claim against the Greek State
Commercial Business Rent Adjustment Lawsuit
Collection of a Commercial Claim by a Company Successor of the Debtor due to the Transfer of an Industrial Plant
Collection of a Commercial Claim by a Company Successor of the Debtor due to Transfer of Customer
Defence to a Customer Compensation Claim
Protection of Registered Bag Design
Athens Single-Member Court of First Instance Judgment – Dismissal of Company’s Claim for Voice-Over Compensation Due to Conflicting Agreement
Decision of the Multi-Member Court of First Instance of Athens on the Recognition of the Validity of Share Transfer
Supreme Court Decision – Confirmation of Final Judgment on the Recognition of the Validity of Share Transfer
Claim for Compensation for Lost Profits from the Conduct of Business Activity – Preparatory Actions
Due Diligence in Business Acquisitions
Decision of the Administrative Trademark Committee (ATC) of the Hellenic Industrial Property Organisation (OBI) – Acceptance of Proof of Use Opposition
Statutory Configurations of the Right to Claim the Corporate Share by a Departing Partner in a General Partnership (G.P.)
Decision of the Multi-Member Court of First Instance of Thessaloniki on the Abusive Exercise of Rights by a Credit Institution against a Textile Company in the Context of Non-Support of a Specific Investment Plan
Decision of the Athens Single-Member Court of First Instance on the Claim of an Excluded Partner in a Civil Partnership of Professionals for Payment of the Value of his Partnership Interest
Release of Jointly Liable Representative from the Debts of a Bankrupt Legal Entity Amounting to Approximately EUR 1 Million
Decision of the Multi-Member Court of First Instance of Athens Declaring the Bankruptcy of a Human Resources Services S.A. Due to Cessation of Payments Following a Commercial Mishap
Submission of Application to the Out-of-Court Workout and the Fate of Enforcement Proceedings: Case Law Examples
From Stamp Duty to Digital Transaction Fee – The Shift in Taxation of Cash Advances and Other Credit Transactions
Temporary Order by the Court of First Instance of Boeotia regarding the Suspension of the Validity of a Shareholders’ General Meeting Decision on Share Capital Increase
The Four (4) Critical Risk Areas When Entering into a Commercial Lease Agreement
Participation of Psarakis & Kefalas at the Legal Business Summit 2025
Decision of the Single-Member Court of First Instance of Athens on the Suspension of Enforcement Due to the Absence of Termination of the Mutual Account Agreement Prior to the Assignment of the Claim
Decision of the Single-Judge Misdemeanor Court of Athens on the Absence of Actual Management Powers for the Offense of Non-Payment of Wages
Electronic seizures of business bank accounts by the Independent Authority for Public Revenue (AADE) and the risk of abuse of its powers
The Calculation of the Value of the Share of an Exiting or Excluded Partner from a Partnership – Legal Insight
Our Legal Insights Now on Mondaq
Legal Bulletins 2025 – Top Legal Insights from Psarakis & Kefalas Law Firm
Financing S.A. through Hybrid Securities (Part I)
Financing S.A. through Hybrid Securities (Part II)
Psarakis & Kefalas L.F. contributes to the ICLG Mergers & Acquisitions 2025
Decision of the Single-Member Court of First Instance of Athens Regarding Fictitious Loan in Relation to the Person
Decision of the Multi-Member Court of First Instance of Athens Regarding Rejection of Revocation Lawsuit as Vague
Decision of the Athens Single-Member Court of First Instance on the Statute of Limitations for Leasing Installments
The Compensation of Board Members in the Corporation and the Possibility of Judicial Limitation
Revocation of a General Partnership Manager
Leading Law Firms in Greece – Special Edition
The Liability of a Partner with a Guarantee Contribution in a Private Company (IKE)
The Playbook of Majority Shareholders in S.A. Companies: Abuse of Majority Power and Corporate Conflicts
The defense of the franchisee against the refusal to transfer the franchise agreement
PRACTITIONERS’ WORKSHOP: CORPORATE DISPUTES
Publication of Our Article on NBDAILY – Confidentiality/Non-Disclosure Clauses (NDA/CA) in Business Acquisitions
Decision of the Athens Multi-Member Court of First Instance on the Compromised Cancellation of a Lawsuit Hearing
Publicity and Legality Control of Board of Directors Formation Minutes by the General Commercial Registry (G.E.MI.)
Exclusion of a Partner in a General Partnership as an Alternative to the Dissolution of the Company
Decision of the Multi-Member Court of First Instance of Athens regarding the Claim of a S.A. (Société Anonyme) against the Heirs of Board Members based on Void Loan Agreements
Non-compete obligation for board members and shareholders of a closely held company limited by shares
Challenging a General Notification of Seizure in the Hands of a Third Party in Response to an Indefinite Seizure Order
Decision by the Single-Member Court of First Instance of Athens on the Dismissal of a Claim for Participation in Marital Acquisitions Regarding an Alleged Claim of €650,000
The defense of the debtor against the request for the imposition of personal detention in civil litigation
Decision of the Multi-Member Court of First Instance of Athens regarding the Rejection of a Claim for the Return of approximately €450,000 due to an Allegedly Illegal Electricity Price Adjustment Clause
The Tax Clearance Certificate and the Certificate of Debt – the Super Weapons of the State for Rapid Collection of Its Claim
Temporary injunction prohibiting competitive actions by a member of the Board of Directors of a corporation, with the threat of personal detention
Decision of the Single-Member Court of First Instance of Athens on Compensation for Premature Termination amounting to €235,000.
The ‘Termination Due to Regret’ in Commercial Leases under the Regime of Law 4242/2014 – The Role of the Lease Information Statement through Taxisnet
Case Law Criteria for Exoneration of Nominal Managers (Straw Men) in Tax Evasion Offenses
Decision of the Single-Member Court of First Instance of Athens Rejecting a Claim for the Recovery of a Commercial Lease
Decision of the Athens Court of First Instance on the Cancellation of a Registered Community Design and Rejection of a Compensation Claim
Real Estate Investment Companies (REICs) – Establishment Requirements and Incentives
Real Estate Rehabilitation Transfers under Law 4738/2020 – Tax Exemptions and Relationship Formation
Appeal against the Bankrupt’s Discharge – Some Thoughts Based on the First Decisions of the Courts
Decision of the Administrative Committee of Trademarks of the OBI regarding Cancellation of Trademark Due to Bad Faith Filing by a Representative
The fate of the property lease after the auction – The possibilities of the successful bidder
The debtor’s “mosaic” of options – The possibilities of settling debts within the current legislative framework based on specific work cases
Rent Charges and Expenses: Which Ones Does the Tenant Pay and Which Ones Does the Lessor Pay?
Lease Performance Claim and the Tenant’s Related Objections
The Debtor’s Defence Against the Bankruptcy Petition through the denial of being in a State of Bankruptcy
The Seizure of Intangible Securities (shares, bonds, etc.) to satisfy Lender’s Claim
Resignation of the Director of the Company and Issues of Discharge from Liability for Public Debts
Dividend Distribution in Societe Anonyme and Limitation of Shareholders’ Claims
Electronic Auction Participation Procedure (e-auction)
The Liability of a Company for the Debts of a Sister Company within a Group
Judgment of the Kalamata Court of First Instance against the State on the Suspension of Enforcement Proceedings under the Public Revenue Collection Code
The Shareholders’ Defence in case of mismanagement in the Private Company (IKE)
Seizure in the hands of a third party under a “framework agreement” (the example of the online e-sales platform)
How the defects in the convening of the General Assembly (GA) affect its decision
Judgment of the Supreme Court on the Lessor’s Compensation Obligation of 500,000 Euros for Non-Completion of the Lease
Judgment of the Athens Court of First Instance on the Non-Binding of Creditors under a Confirmed Resolution Agreement
The Defence of the Recipient of an Individual Payment Notice for the Debts of a Deceased Relative towards the State
The Role of Google Ads, SEO, and Metatags in Online Trademark Infringement
The “mosaic” of debtor’s options: bankruptcy, out-of-court mechanism, reorganisation, mediation or code of conduct?
The Debtor’s Defence to the Freezing of his Bank Accounts (Defence to Conservative Seizure in the Hand of a Third Party)
Transfer of the Debtor’s Sole or Major Secured Property and the Acquirer’s Liability towards the Lenders (Article 479 of the Civil Code)
Decision of the Kalamata Court of First Instance on the Validation of the Rehabilitation Agreement
Joint and Several Liability of Directors of Legal Entities for the Payment of Social Security Contributions
The Powers of the Appointed Provisional Administration under Article 69 of the Civil Code
The Liability of the Acquiror of a Business through an Asset-Deal for its Debts and the Indicators of Case Law
Decision of the Athens Court of Appeal on the Application of the 2nd Chance for Debts of approximately 8.5 million Euros
The content of the Resolution Agreement: settlement possibilities with the Public Entities
Provision of Advisory Services in the context of a EUR 36 million Share Purchase Agreement
Due Diligence in Business Acquisition
Resolution of the General Meeting of Shareholders of a Public Limited Company for Capital Increase in Abuse of Majority Voting Power
Decision of the Athens Court of First Instance on the rejection of the application for the suspension of the validity of the General Meeting’s decision on the increase of the share capital
Decision of the Court of Arbitration of Lavrio on the Provision of a Second Chance to an Entrepreneur with Debts of approximately 1.300.000,00 euros
Interim Order of the Athens Court of First Instance on the Prohibition of Placing on the Market and Recall of Products infringing a Community Design Right
Judgment of the Athens Multi-Member Court of First Instance on the Non-Binding of Creditors under a Confirmed Resolution Agreement
Judgment of the Athens Magistrates Court on the Provision of a Second Chance to an Entrepreneur with Debts of approximately 500.000 euros
Financial Security Agreements of Law 3301/2004
Decision of the Athens Single-Member Court of First Instance on the Impossibility of Seizure of Future Rentals in the Hand of a Third Party
Leasing contracts: crucial decisions on prescription and default interest rates
Subletting in Civil and Commercial Leasing
Minority Right to Provide Information and Annulment of a Resolution of a General Meeting of Shareholders of a Public Limited Company
Internal Responsibility of Members of the Board of Directors and the Exercise of Corporate Governance
The Secrets of the New Out-of-Court Debt Settlement Mechanism Through 14 Answers
The new collective work on the Interpretation of the Law on Trade Marks (Law 4679/2020) has been published, in the writing of which Yannis Psarakis, Associate of the Law Firm, participated.
Enforced Execution against Hotel Units: the Lenders’ Practices
Decision of the Piraeus Court of First Instance rejecting an Application for Insurance Measures requesting the prohibition of the use of a distinctive title
Interim Order of the Athens Court of First Instance on the Suspension of Performance of a Hotel Unit
Decision of the Single Judge of the Court of First Instance of Thessaloniki Rejecting the Application for Prohibition of Disconnection of Electricity Supply to an Enterprise
Appointment of an Interim Management of a Legal Entity due to Conflict of Interest (CC 69)
Interim Order of the Athens Court of First Instance appointing an interim administration AE
Decision of the Nafplio Court of First Instance on the Cancellation of Forced Seizure of Property
Decision of the Athens Court of First Instance on the cancellation of a payment order of 125.000 Euro
Transfer of the Tenancy
Decision of the Athens Multi-Member Court of First Instance on the declaration of an inadmissible action for fraud
The Unlawful Copying by Third Parties of the Customer List – Partner List of an Enterprise in the Light of Criminal Law
Judgment of the Athens Court of First Instance on the Annulment of the Compulsory Seizure Report
Why the preparation of a DPIA concerns a large number of businesses in the context of their compliance with GDPR
Completed Receivables Transfer Transaction of approximately EUR 40 Million
Termination for Cause of Intermediary Agreements: the examples of Commercial Agency, Exclusive Distribution and Franchise Agreements
Hotel Contracts and Covid-19
Memorandum of Understanding (MOU): the Road to the Acquisition of the Business
Intra-group (and not only) financing
Interim Order of the Athens Court of First Instance on Entry into the Premises and Inventory of Software in the context of Proof of Infringement of Intellectual Property Rights
Decision of the Athens Multimunicipal Court of First Instance on the Revocation of Conservative Seizure of 450.000 Euro
Payment Order of 200.000 euros based on an Electronic Document bearing a Simple Electronic Signature
The Confidentiality Clauses (NDA/CA) in Business Acquisitions
The Calculation of the Value of the Outgoing or Excluded Partner’s Interest in a Partnership
Decision of the Athens Court of First Instance on the Prohibition of Competitive Acts
Judgment of the Court of First Instance of Samos on the Validation of an Order for Payment under a Management Contract
The employee’s non-competition obligation after the termination of the employment contract.
Prosecutor’s Order on the Placement of Charges in the File for Ongoing Fraud and Infringement Offences under Law 4624/2019
Decision of the Athens Court of Appeal on the Dismissal of a Customer Compensation Claim
Provisional Order of the Athens Court of First Instance on the Prohibition of Competitive Acts
Decision of the Athens Court of Appeal on the release of a guarantor from a debt of more than 120,000 euros
The Second Chance of Entrepreneurs through the draft of the New Bankruptcy Law: 9 questions and answers
Decision of the Athens Court of First Instance on the Referral to Arbitration of the Technical Chamber of Greece (TEE-TCG)
Judgment of the Athens Court of First Instance on the compensation of the Owner Company in the amount of EUR 500.000 for breach of a term of a lease agreement