November 2022
Internal Responsibility of Members of the Board of Directors and the Exercise of Corporate Governance
Areti Kolokotroni, LL.M.
The decision of the Athens Court of First Instance No. 599/2022 was issued, which annulled the cheque for payment and the report of forced seizure, under which an auction against the debtor's property by a debt management company for an alleged debt of approximately one million euros. The court held that both the payment order and the seizure report were served at a place which was not the debtor's residence, as was established by the evidentiary procedure. In fact, it was held that the management company that conducted the auction was aware that the debtor did not reside at the place where the service took place, as it had indicated another address as the debtor's place of residence in its order to the bailiff. On that basis, the court upheld the relevant pleas in law and annulled the contested enforcement measures.
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