June 2016
Collection of trade receivables - The armoury of the business lender
George Psarakis LL.M. (mult.), PgCert
An injunction was issued by the Athens Court of First Instance ordering the conservative seizure of bank accounts of newly established affiliated companies and relatives of natural persons through which our debtor was doing business in order to circumvent the enforcement measures against him. As a result, a settlement was reached and the case was closed.