Greece: Insolvency/Bankruptcy/Re-Structuring

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Article
The Issuance Of Tax And Social Security Clearance Certificates Within The Framework Of Law 4738/2020
Law 4738/2020 introduces critical mechanisms for debt restructuring in Greece, fundamentally transforming how debtors can recover tax and social security clearance certificates. The regulatory framework presents two distinct pathways—the Out-of-Court Debt Settlement Mechanism and the Rehabilitation Agreement—each offering different advantages for unlocking transactional capacities and ensuring business viability through varying withholding requirements and clearance certificate provisions.
Greece Insolvency
PK
Psarakis & Kefalas Law Firm
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Article
The Issuance Of Tax And Social Security Clearance Certificates Within The Framework Of Law 4738/2020
Law 4738/2020 introduces critical mechanisms for debt restructuring in Greece, fundamentally transforming how debtors can recover tax and social security clearance certificates. The regulatory framework presents two distinct pathways—the Out-of-Court Debt Settlement Mechanism and the Rehabilitation Agreement—each offering different advantages for unlocking transactional capacities and ensuring business viability through varying withholding requirements and clearance certificate provisions.
Greece Insolvency
PK
Psarakis & Kefalas Law Firm
See more

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