Konstantinos Papadiamantis and Konstantina Panagopoulou Perez successfully represented a Servicer before the Appeal Court, which issued an essential ruling on a disputed issue regarding Greek NPL’s. More specifically, the Athens Appeal Court ruled that it is legal for the Servicer to undertake the judicial proceedings at his name and request the adjudicated amount to be paid directly to the fund, if so provided by the Servicing Agreement; the parties right to undertake such agreement was contested. Moreover it may be inferred from the ruling that the parties have the opportunity to adapt the servicing agreements, to a large extent, to their specific needs.

Konstantinos Papadiamantis, Head of Litigation, supported by Konstantina Panagopoulou Perez (Associate) and Katerina Michaela Perraki (Junior Associate) successfully represented before the Athens Appeal Court a leading company of the Greek supermarket industry in the context of insolvency litigation proceedings. The pending dispute related to the judicial revocation of numerous transactions whose total value (summing all pending disputes of the same client handled by the firm) exceeded the amount of 5.5 million Euros.