- CORPORATE LAW & COMPLIANCE
- 5 AUGUST 2022
Zepos & Yannopoulos is the exclusive contributor to the Chambers Doing Business in Greece 2022 Global Practice Guide
Our firm is the exclusive contributor for Greece to the Chambers Doing Business in… 2022 Global Practice Guide. The guide features 40 jurisdictions and provides the latest legal information on restrictions to foreign investments, corporate vehicles, employment law, tax law, competition law, intellectual property (IP), data protection and upcoming legal reforms. Authors: Stefanos Charaktiniotis, Stamatis Drakakakis, Theodore Konstantakopoulos, Manolis Zacharakis, Maria Zoupa, Danai Falconaki, Natalia Kapsi and Ioanna Tapeinou. To access the full online version of the guide please click here. ...
- TAX CONTROVERSY & LITIGATION
- 4 AUGUST 2022
Supreme Court abolishes stamp duty on cash pooling | Another landmark win by our tax litigation team
Our tax litigation team has successfully represented a major multinational group before the Supreme Court, against a multi-million stamp duty assessment on a cash pooling scheme the group had implemented in Greece. The Supreme Court has just delivered a landmark decision ruling that the imposition of stamp duty is illegal. More specifically the Supreme Court, accepting our relevant argumentation, has qualified the deposits made in the context of the cash pooling as loans and to the extent the respective balance in the cash pooling account is interest bearing, it ruled that such loans fall within the scope of VAT and therefore outside the scope of stamp duty. To be reminded that Greek VAT legislation excludes from stamp duty the transactions that fall within the scope of VAT. The deci...
- ANTITRUST & COMPETITION
- 29 JULY 2022
Zepos & Yannopoulos contributes to the Chambers Merger Control Global Practice Guide
Our Antitrust & Competition practice has contributed to the Chambers Merger Control Global Practice Guide with the chapter “Greek Merger Control in 2021–22: Reforms, Increased Merger Activity and Consolidation of Sectors”. The Merger Control Global Practice Guide provides the latest legal information on enforcement authorities; notification requirements; foreign-to-foreign transactions; joint ventures; third-party rights, confidentiality and cross-border co-operation; appeals and judicial review; and the authorities’ current competition concerns. Zepos & Yannopoulos authors: Stamatis Drakakakis, head of Antitrust & Competition team, Konstantinos Sidiropoulos, associate and Ellie Gavriilidou, associate. You can find the full guide here: Merger Control 2022. ...
- FINANCE & CAPITAL MARKETS
- 28 JULY 2022
Zepos & Yannopoulos advises on the sale of Alpha Banks’s retail unsecured non-performing loans
Zepos & Yannopoulos has yet again advised Alpha Bank on the successful sale of a portfolio of retail unsecured non-performing loans of a total outstanding balance of Euro 238m. and of a total gross book value of Euro 0.4 billion, also known as “Project Light”. Our firm assisted Alpha Bank to the negotiation and execution of the Greek law governed sale and purchase agreement. Closing of the transaction is expected to be completed within Q4 2022. The transaction team was led by partner Christina Papanikolopoulou, senior associate Mary Nigritinou and of counsel Kitty Fragalexi, with support from associates Magda Tsatsi and Dimitra Androulakaki. ...