Publications

New Law 4072/2012 provides, among others, for a new corporate form, ie the Private Company (IKE). IKE is a capital company, i.e. it is a company that has capital and the liability of its members for the company debts, except for those with the guarantee contribution, is limited. It is a commercial company and a legal entity. The minimum capital at IKE is one Euro, the members however can decide on a bigger capital either when forming the company of at a later stage, by increasing the capital. The minimum capital is a novelty at this new corporate form unlike the other known capital companies in Greece and follows other European states which have already regulated the formation of companies with similar minimum capital. The other basic novelty, intertwined...

The New Law 4072/2012 incorporates the basic provisions of EU Directive 2006/123/EC with regard to deregulating the internal market and allows for the trans-border provision of realtor services for the citizens at the other member states. More specifically, the realtor agreement, as per this law, must be in writing. Thus oral agreements, which were a common practice, are now forbidden. Another important point of this law is the introduction of the speciailty of “assistance realtor”, who can either be an employee of the realtor or an independent professional- collaborator. The assistant realtor is the person labored with supporting and assisting the realtor, as the latter performs his services.As of the enactment of this...

Elena Koltsaki, PhD People’s increasing need to gain control over decision in their disputes along with the impressive numbers of settlement rates of cases which are referred to mediation has made the process an indispensable tool of alternative dispute resolution. In many countries mediation is a long established and highly regarded means for resolving disputes, in which parties try to work together and settle their dispute with the help of a third person, the mediator, who is specially trained to help them reach a mutually acceptable agreement. In this process, parties are often assisted by their attorneys, who prepare their clients for mediation and may also be present in the actual sessions, helping the parties reach their own settlement.