Friday, December 13, 2019
Vertical agreements in the motor vehicle aftermarket are governed by Motor Vehicle Block Exemption Regulation 461/2010 (MVBER), for the application of which the Commission has issued its Supplementary Guidelines (MVGL). In light of the upcoming date of expiry of MVBER on 31 May 2023, the Commission has launched a two-phase review (evaluation phase followed by an impact assessment phase) in order to determine whether it should be prolonged, revised or allowed to lapse. Based on the feedback provided by 33 respondents prior to the initiation of the public consultation, we provide below an overview of the main elements that have been outlined.
Thursday, November 28, 2019
Ballas, Pelecanos & Associates LPC, sponsored and participated through Senior Partner Gregory Pelecanos, in the 3rd Balkan and East Med Energy Forum (Athens Nov.28, 2019)
Thursday, November 21, 2019
I. INTRODUCTION In 2010 the Commission abolished the sector specific (vertical distribution in the motor vehicle sector) MVBER 1400/2002 and adopted the Vertical Block Exemption Regulation 330/2010 (VBER), which defines vertical agreements for which it can be assumed with sufficient certainty that
Thursday, November 7, 2019
In a whirlwind of activity through October 2019 , Ballas, Pelecanos & Associates LPC, was present as speaker and contributor in four conferences and one consultation.
Wednesday, November 6, 2019
The 2 nd International Arbitration Forum in Athens, discussed the general theme “ Prevailing principles of fairness, finality and public policy in International Commercial Arbitration”. Gregory Pelecanos was invited to comment on Prof. S. Brekoulakis’ (Kings College London, Chair in International
Wednesday, September 11, 2019
The Supreme Court of Greece has handed down decision No. 716/2019 in favour of Leidos Inc., definitively rejecting the Hellenic Republic’s lawsuit to annul the ICC Award (2013) in Case 16394/GZ/MHM (see below News item “Ballas Pelecanos &Associates LPC named in Global Arbitration Review”).
Tuesday, September 10, 2019
Athens Court of Appeal Decision No. 669/2019 (Injunctive Proceedings) and No. 3248/2019 (Main Set-Aside Proceedings)
In decisions handed down in February (Injunctive Proceedings) and July 2019 (Main Set-Aside Proceedings), the Athens Court of Appeal (ACoA) reinforced the enforceability of an ICC Award, in a case where the ICC Arbitral Tribunal had made a finding of corruption
Thursday, December 6, 2018
Court of Appeal annuls an € 84.500.000 fine for alleged “smuggling”, ruling that no transfer pricing violation and no “tricks” negate a finding of “smuggling” through artificially lowering wholesale prices and a Ministerial Decision requiring the “benefit” from lower wholesale prices to be passed on downstream to consumers is illegal.
Wednesday, December 5, 2018
Council of State , Judgment No. 2341/2018. In a decision published on 7 November 2018, the Council of State dismissed an appeal by the Hellenic Competition Commission (HCC) and upheld the judgement of the Athens Administrative Court of Appeal annulling a HCC decision imposing a fine on two motor
Friday, November 30, 2018
As a major player in the Greek energy law market, Ballas, Pelecanos & Associates LPC supported and participated in the 2nd East Mediterranean Energy Law Forum. This year’s topics featured on the impact on the environment and topics discussed ranged from Offshore Safety to LNG supplies. Gregory Pelecanos, Senior Partner presented the topic : “Floating Storage Regasification Unit (FSRU) Projects: Legal issues in FSRU Development, Implementation”
Wednesday, November 14, 2018
“Ballas, Pelecanos & Associates LPC” are mentioned in an article in the November 14, 2018 issue of the Global Arbitration Review. Acting for Leidos Inc (then known as Science Applications International Corporation) the Firm advised Leidos in its 2002 bid for the 2004 Athens Olympics C4I Security System , its implementation and ensuing litigation. Ballas, Pelecanos & Associates LPC, with Dentons (then McKenna Long & Aldridge) and Lambadarios Law Office advised Leidos who obtained an ICC Award in 2013 and have advised and litigated concomitant set-aside and enforcement actions.
Monday, November 5, 2018
The AHK invited Ballas, Pelecanos & Associates LPC to host a talk on “Digitalisation and the Law” in the context of the annual Capital & Vision two-day event which serves as a forum for Greek and German business to meet and hear all the latest on the Greek economy. Gregory Pelecanos Senior Associate and Coordinator of the AHK “Legal Affairs Committee”, acted as monitor of the panel comprising lawyers and the Special Secretary for Private Debt, from the Ministry of Economy and Development. Mr. Athanasios Paizis , Associate was on the select panel and presented his topic on “The Digitalisation of Company Law and the Transborder Mobility of Companies in the EU”. The panel discussed progress in implementing IT in legal matters focusing on establishing companies, digitalization of company law, cross border corporate moves and platforms for resolution in private debt matters.