Asc. Professor Dimitris Babiniotis, head of Dispute Resolution, will participate in a panel discussion on the types of remedies commonly sought and awarded and the crucial role of expert evidence in securing them at the 6th International Arbitration Conference taking place on 4 July 2024. The conference organised by ΝΟΜΙΚΙ BIBLIOTHIKI and the Athens Mediation & Arbitration Organization (EODID) will bring together distinguished lawyers, from Greece & abroad to discuss developments and critical issues concerning “Remedies and Evidence in Commercial Arbitration”.Find out more here: bit.ly/3RTlX4J...

By virtue of an amendment submitted for voting in the Greek Parliament on 1 July 2024, the Ministry of Development announced the extension of the measures for combatting the phenomena of unfair profiteering (article 54 of Law 5045/2023, Official Gazette A' 136/29.07.2023) until 31st December 2024.Among other things, the provisions proposed for voting by said amendment include:1. The extension of the effective period regarding the profit margin cap until 31st December 2024. As maximum cap is defined the gross profit margin that each company gained from the sale of each basic product before 31st December 2021 (fiscal year 2021).2. A significant increase in the maximum fine imposed for breaching the provisions of the profit margin cap, which is increased fivefold from EUR 1,000,000 to EUR 5,0...

Our firm contributed to the Eversheds Sutherland Global Guide to Freezing Orders, which provides a practical overview of civil freezing orders and their local law equivalents in 90 jurisdictions worldwide.Asc. Professor Dimitris Babiniotis, head of Dispute Resolution, and Lito Dokopoulou, senior associate of our Dispute Resolution practice, authored the exclusive chapter for Greece, providing insights on the local regulatory framework.The Guide is fully interactive and for each jurisdiction covers whether a freezing order (or equivalent) can be obtained, the test for doing so, and the types of assets which can be frozen.It also explains the implications for third parties (such as banks) who are often notified of such orders to give effect to them, and the consequences for both respondents ...

Our firm contributed the exclusive chapter for Greece to the Lexology In-Depth International Arbitration Guide 2024. Asc. Professor Dimitris Babiniotis, head of Dispute Resolution, and Emmanouil Mavrantonakis, associate, shared an in-depth analysis of the recent changes and arbitration developments.The guide provides an analytical overview of what has occurred in each of the important arbitration jurisdictions during the past year, capturing recent developments while putting them in the context of each jurisdiction's legal arbitration structure and selecting the most important matters for comment.You can read the guide here: bit.ly/3W0EtdH...