ARTICLE CONTRIBUTION - LAW & BUSINESS SPECIAL EDITION

We are proud to announce that for the fourth consecutive year, KBA Law Firm has served as the sole contributor to the Greek chapter of the Global Restructuring Review’s regional insight series for Europe, Middle East and Africa (EMEA).
Global Restructuring Review (GRR) constitutes the prominent source of daily information and reports on worldwide restructuring and insolvency news. Our firm’s exclusive and longstanding partnership with GRR is a testament of our mission to constantly be at the forefront of the marketplace and of our dedication to keep our clients informed on national as well as cross-border restructuring and insolvency advancements, potentially impacting their business.
In this year’s edition, our article titled “Greece: Challenges and opportunities in the pre-insolvency landscape”, scrutinises the new domestic pre-insolvency framework, investigating its application and underscoring practical issues emerging both for debtors and creditors.
Readers are presented with a comprehensible explanation of the novelties introduced by the out-of-court workout and a statistical evaluation of its effectiveness to date. Our article further discusses the procedural intricacies of the rehabilitation process, with a commentary on legal reforms concerning creditors’ participation, state consent, shareholders’ holdout, the expert’s role and stay of enforcement actions.
We invite you to read our full contribution here.
N.B.: This article was first published on GRR in March 2025; for further in-depth analysis, please visit the GRR Europe, Middle East and Africa Restructuring Review 2025.