Restructuring/ Insolvency

Zepos & Yannopoulos the contributing firm from Greece to the 13th edition of Corporate Recovery & Insolvency 2019

Emmanuel Mastromanolis and Giorgos Vavatsioulas contributed the Greek Chapter to the 2019 edition of ICLG on Corporate Recovery & Insolvency. Released by Global Legal Group in association with INSOL International, this participatory publication forms a practical cross-border insight based on contributions from law firms from 30 countries worldwide, while the chapter on Greece covers a wide spectrum of issues to consider in the field of Corporate Recovery and Insolvency in Greece.

Recent Changes in Restructuring and Insolvency Law

Greece has lately reformed its national restructuring and insolvency law to improve the existing statutory legal framework and enhance its effectiveness in domestic cases. These reforms may have been partly fueled by regulatory competition in times of crisis but were mainly triggered by the commitment of the Greek State to reforms towards the European authorities in the context of a Memorandum of Understanding negotiated and agreed between the European Commission (on behalf of the European Stability Mechanism - ESM) and the Greek State.


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