2012 | Enforcing litigation for the recovery of 1.500.000 euros claims

CLIENT:

Greek Subsidy of an International Bank institution based in Cyprus
PARTNER WHO LED THE ADVICE:

Theodore Pistiolis

 

PRACTICE:

Corporate & M&A

We acted as external legal counsels and undertook the recovery of 1.500.000 euros from active clients of the Bank, due to their failure to meet the terms and conditions of their loan agreements .The recovery includes filing the claims, filing of injunction relief measures, and due diligence of the real estate properties of those specific clients in order to secure Bank’s claims.