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HomeSupreme Court

Supreme Court

Auctions: Supreme Court rules in favor of funds
Featured

Auctions: Supreme Court rules in favor of funds

10 February 2023 Editors

With a majority (56-9), the Plenary of the Supreme Court, has ruled in favor of funds. The court decided that…

Auctions: Supreme Court prosecutor’s decision supports loan servicers
Featured

Auctions: Supreme Court prosecutor’s decision supports loan servicers

27 January 2023 Editors

A deputy prosecutor of the Supreme Court is believed to have issued a proposal in favor of loan management companies.…

Challenges and opportunities for servicers in 2023
Editorial

Challenges and opportunities for servicers in 2023

4 January 2023 Editors

In 2023, servicers are facing significant challenges, but also opportunities that will allow them to more smoothly manage loans of…

Supreme Court unblocks auctions on behalf of funds
Featured

Supreme Court unblocks auctions on behalf of funds

21 December 2022 Editors

The Plenary Session of the Supreme Court has issued a positive recommendation, giving loan and credit management companies the possibility…

Supreme Court decision on auctions expected Jan 26
Featured

Supreme Court decision on auctions expected Jan 26

29 November 2022 Editors

Greece’s Supreme Court is expected to resolve (for or against) on January 26 the issue of whether or not funds…

Government waits for Supreme Court, Eurostat decisions
Editorial

Government waits for Supreme Court, Eurostat decisions

22 November 2022 Editors

Two open issues, regarding Eurostat for the registration or not of part or all of the state guarantees of “Hercules”…

Servicers to make fresh appeal to Supreme Court on auctions
Business

Servicers to make fresh appeal to Supreme Court on auctions

10 November 2022 Editors

The issue of whether bad debt management companies can act as trustees of funds under the 2015 law on securitizations…

Servicers request meeting with head of the Supreme Court
Featured

Servicers request meeting with head of the Supreme Court

25 October 2022 Editors

Loan and credit receivables management companies will ask for a meeting with the President and Prosecutor of the Supreme Court…

Court blocks forced auctions – Options being considered by government
Highlights

Court blocks forced auctions – Options being considered by government

10 October 2022 Editors

Last week, the Supreme Court showed a “red” card to the foreclosure actions called by servicers on behalf of funds,…

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  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio
  • Tzirakian: New 4-year loan repayment plan with Piraeus Bank and doValue
  • The European Court of Justice will decide on penalties for servicers
  • Capital reduction for INTRUM BTB
  • Starbucks’ NPEs at Eurobank, Alpha, and Piraeus
  • EFKA: Collection of insurance debts exceeding €50 billion in private hands
  • Bidding time for the Real Estate Acquisition and Leasing Agency
  • Borrowers prefer bilateral arrangements with Servicers
  • Servicers: Increase in settlements to 90% by 2026
  • Alpha Bank: Target revenue of €50 million from leases in 2026 
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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