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News & Insights

15/07/2020

Amanzoe Refinancing

AKL led by Alexandros Kosmopoulos (Deputy Managing Partner, Head of Banking & Finance practice group) and George Athanassiou (Associate) advised National Bank of Greece in connection with a €55 million refinancing of an SPV being the owner of the ultra-luxury hospitality...
13/07/2020

Return to the office and new office spaces webinar

Our partner Helen Alexiou represented our firm as a guest at the 'Return to the office and new office spaces webinar' which took place last week. The webinar was organised by Prodexpo and it was curated by RICS Greece. ​During the time of the webinar some very intriguing topics...
10/07/2020

IFLR1000: New Banking & Finance Rankings.

IFLR 1000 has recently published the first group of Europe, Middle East and Africa national rankings for IFLR1000's thirtieth edition and we are honoured that AKL has been selected to be within the top law firms of Greece in the key sector of Banking & Finance. IFLR1000, the...
09/07/2020

Greek RES licensing process – A long anticipated reform finally in place?

The Greek Government recently passed a new law (Law 4685/2020, GG A’ 92/07.05.2020), aiming to reform environmental and RES licensing process. As regards RES projects, the acceleration of the licensing process has been the continuous demand of market participants and investors...
07/07/2020

Real Estate Days Webinar

Our partner Helen Alexiou  represented our firm  as a guest at the ‘Real Estate Days Webinar’ which took place last week. The webinar included some very useful insights regarding the latest markets developments, thought-provoking analysis of the post-pandemic environment for...
02/07/2020

Conviction of Greece by the European Court of Human Rights: Violation of the right of access to Court

In the recent ruling on the “Kandarakis” case, the European Court of Human Rights condemned Greece, on the basis of article Article 6 of the Convention. The applicants were lawyers registered with the Athens Bar Association. After representing a number of clients in three sets...
25/06/2020

Foreign Direct Investment Regimes in the time of Covid-19

Undoubtedly, the outbreak of Covid-19 along with the corresponding stringent public health measures, supply chain disruptions, declining demand and bleak financial prospects arising from it, has struck down significantly the Foreign Direct Investment (hereinafter “FDI”) flows...
22/06/2020

Amendment of Public Contracts due to Covid-19 / Opinion 53/2020 of the Legal Council of the State

The Covid 19 pandemic constitutes an unprecedented challenge of a crucial socio-economic magnitude, part of which relates its effect on the smooth performance of public contracts already set in place. The lockdown and the special conditions imposed by the Greek Government made...
16/06/2020

COVID-19-Litigation first results over business interruption insurance claims

On May 22nd, 2020, the Commercial Court of First Instance of Paris, France issued what appears to be the first worldwide court ruling to grant insurance compensation on COVID-19 related business interruption revenue losses (Maison Rostang vs AXA France IARD). After deeming both...
10/06/2020

Beat appealed to Hellenic Competition Commission

Beat - a transportation networking company, part of the FREE NOW group, the ride-hailing joint venture of BMW and Daimler[1] - appealed to the Hellenic Competition Commission requesting its opinion regarding the alignment of Law 4530/2018 with the EU competition laws. Further to...

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