Our firm advised and represented a leading energy group, before the Arbitration Tribunal in seeking an arbitration award. The dispute related to Uniform Real Estate Property tax assessments, for the tax years 2014 – 2019, of a total amount of approx. €1,7 M. The company sought to confirm the validity of a tax exemption that was granted by virtue of special provisions of a concession agreement ratified by law. The Arbitration Tribunal ruled that said exemption prevails as lex specialis over the general provisions of the Uniform Real Estate Property Tax.
Zepos & Yannopoulos team was led by Spyros Maratos, partner, assisted by Dimitris Gialouris, partner.