1.1 Introductory Remarks

1.2 Conceptual Approach to useful terms

1.3 Historical Overview

1.4 The shift in case law and the introduction of Article 24 of Law 2915/2001

1.5 Analysis of Article 24 of Law 2915/2001.

1.6 The importance of the statutory lifting of bank secrecy on deposits in the case of attachment

1.7 The application of Articles 87 et seq. of Legislative Decree 17.7/13.8.1923 "on special provisions concerning public limited companies".

1.8 Imposition of garnishment under the Code of Civil Procedure.

1.9 General conditions for garnishment in the hands of a third party.

1.10 Special conditions for garnishment in the hands of a third party.

1.11 Subject matter of garnishment in the hands of a third party (Bank).

1.12 Commencement of garnishment (attachment in the hands of a third party) under the Code of Civil Procedure.

1.13 Content of the garnishment order

1.14 The third party's declaration

1.15 Special Issues (part one)

1.15.1 Consequences of the seizure of bank deposits

1.15.2 The State in the capacity of enforcing creditor – KEDE

2.1 Consequences of the seizure of bank deposits

2.2 The State in the capacity of enforcing creditor – KEDE

2.2.1 Particularities of service

2.2.2 Exempt from seizure (Article 31 of the Code for the Collection of Public Revenue – KEDE)

2.2.3 Other special/preferential arrangements

3.1 The position of the Bank where more than one account is held in the name of the judgment debtor-depositor.

3.2. The State in the capacity of enforcing creditor – KEDE (Part Three)

3.2.1 Consequences of garnishment imposed by the State

3.2.2 Procedure for objecting to the third party's declaration

3.3. The State as judgment debtor

3.3.1 Permissibility of garnishment against the State, Legal Entities under Public Law and Local Authorities

3.3.2 Conditions for garnishment

           a. Seizure exclusively of the private property of the State

           b. Submission of a letter of guarantee of equal amount by the enforcing creditor

           c. Time limit for enforcement

3.4 Concluding remarks

        2.1.1 The redefinition of Bankruptcy Law as insolvency law and the attempt at a holistic approach to business restructuring procedures under the New Bankruptcy Law – The decoupling of bankruptcy law from merchant status

         2.1.2 The conditions for declaring bankruptcy – The prerequisites and the "presumption of bankruptcy"

         2.1.3 The simplified bankruptcy procedure for small bankruptcies

          2.2.1 The effects of the declaration of bankruptcy on the debtor – Bankruptcy divestment

          2.2.2 The effects of the declaration of bankruptcy on creditors – The stay of individual enforcement actions

          2.2.3 The deferred effect of the stay of individual enforcement actions on secured creditors

          2.2.4 The effects of the declaration of bankruptcy on other third parties and employees

          2.2.5 The new approach to the termination of contracts

          2.2.6 Sealing and inventory of the bankruptcy estate

          2.2.7 Lodging and verification of claims

          2.3.1 The bankruptcy court

          2.3.2 The Bankruptcy Judge-Rapporteur

          2.3.3 The Insolvency Administrator – Role and liability

          2.4.1 Delimitation of the bankruptcy estate

          2.4.2 Bankruptcy claims and bankruptcy segregation as means of release from the bankruptcy estate

          2.4.3 The institution of bankruptcy avoidance (clawback)

          2.4.4 The fate of pending contracts

          2.5.1 The former body of creditors and the liquidation of the bankruptcy estate

          2.5.2 Sale of the bankrupt's business as a going concern

          2.5.3 Sale of individual assets

          2.5.4 The distribution of the auction proceeds and the related ranking of creditors

          2.5.5 Termination of the bankruptcy

         2.6.1 The particularities of corporate bankruptcy and the liability of directors for delaying or causing bankruptcy

          2.6.2 Insolvency of groups of companies and Regulation (EU) 2015/848 on cross-border insolvency proceedings

          2.7.1 A second chance for the honest debtor to make a fresh start after bankruptcy

          2.7.2 The concept of the “honest” debtor and the need for its dynamic interpretation – The reversal of the burden of proof in the New Bankruptcy Law

          2.7.3 The scope of the claims included and points of uncertainty

          2.7.4 Effects of the discharge and the remaining debts

          2.7.5 The (partial) discharge of debts for legal representatives of companies

          2.7.6 Appeal against the discharge and application for revocation

          2.8.1 The basic prerequisites and steps for concluding the agreement – In particular, simple probable insolvency as a third ground for restructuring

          2.8.2 Content of the application – Necessary accompanying documents and statements

          2.8.3 In particular, the expert's report

          2.8.4 The business plan and the list of creditors

          2.9.1 Review by the Court – Potential restriction of the court’s powers in relation to the review of viability – The possibility for the Court to ratify the agreement with only one of the 2 required creditor majorities (the “cross-class cram-down”)

          2.9.2 The role of the State and EFKA – Their deemed consent under the New Bankruptcy Code

          2.9.3 The possibility of obtaining interim measures in the restructuring procedure

          2.10.1 The effects of court ratification and the advantages for the entrepreneur

          2.10.2 The special position of guarantors in the procedure

          2.10.3 The possibility of amending the original restructuring agreement

          2.10.4 Third-party opposition by dissenting creditors and the possibility of annulling the restructuring agreement

            2.11.1 Transfer of a business in the context of restructuring

          2.11.2 Case studies of restructuring

           2.12.1 The option of entering "Consumer Bankruptcy"

          2.12.2 Terms and conditions for the declaration – The sufficiency of the bankruptcy estate

          2.13.1 The bankrupt's application for protection of their primary residence by means of leasing it

          2.13.2 The concept of the "vulnerable" debtor

          2.13.3 The role of the Acquisition and Leaseback Entity

          2.13.4 The option to repurchase the primary residence

          2.14.1 The repeal of Law 4469/2017 and the integration of the out-of-court mechanism into the New Bankruptcy Law

          2.14.2 The decoupling from the requirement of profitable financial years in the New Bankruptcy Law

          2.14.3 Required elements of the application

          2.15.1 The multilateral restructuring agreement

          2.15.2 The rules in force, and in particular the principle that creditors must not be placed in a worse position

          2.15.3 The dominance of financing institutions over the State in multilateral agreements

          2.16.1 Suspensive effects of filing the application

          2.16.2 Effects of the agreement

          2.16.3 Bilateral agreements with financing institutions

          2.16.4 The use of algorithms for the submission of a proposal by creditors in general, and the debtor's option to resort to mediation