ICLG – Restructuring & Insolvency 2025 Greece

The ICLG – Restructuring & Insolvency 2025 edition has been published, featuring the Greece chapter authored by Konstantinos S. Issaias Partner, Eleana Nounou Counsel and Vasilianna Karakatsani Associate.

The chapter offers a comprehensive overview of the Greek insolvency and restructuring framework, covering:
◾️The practical use and rising popularity of Out-of-Court Workouts (OCWs)
◾️Key features and recent trends in rehabilitation and bankruptcy procedures
◾️Director liability in financial distress situations
◾️Protections for secured and unsecured creditors
◾️Recent legislative reforms and their expected market impact

As Greece continues to align with EU directives and promote more efficient debt resolution mechanisms, this publication provides timely insights for businesses, creditors, and legal professionals alike.

Read the full chapter here: https://iclg.com/practice-areas/restructuring-and-insolvency-laws-and-regulations/greece