Rokas’ Athens and Sofia offices represented a company of the Yannis & Tina Daskalantonakis Group in the management acquisition of the well known Park Inn Hotel in Sofia In May 2017, a company of the Yannis & Tina Daskalantonakis Group, acquired the management of the well known Park Inn Hotel in Sofia, succeeding Rezidor of...Read More

New international hydrocarbons offshore tenders launched for Crete and Ionian Sea Overview During the past few years, the Greek hydrocarbons regulatory sector (prospection, exploration and exploitation) has undergone significant changes resulting from an attempt to improve the existing legal framework. Law 4001/2011 revised the Hydrocarbons Law (2289/1995), which transposed EU Directive 94/22/EC on the conditions...Read More

Energy News – 53d Issue-EU/ ACER – CEER: 2016 Annual Market Monitoring Reports ENERGY MARKETSEU/ ACER – CEER: 2016 Annual Market Monitoring Reports: On 6 October 2017, the ACER-CEER jointlypublished the 2016 Wholesale Market Monitoring Reports. The Annual Reports on the Results of Monitoring the Internal Electricity and Natural Gas Markets consist of four volumes:...Read More

Dr. Christina Tarnanidou (Partner) has concluded successfully under her Presidency in the Statutory Committee of the Ministry of Finance of the Hellenic Republic, the Draft Law for the implementation of the CSDR into the Greek legal system Our partner, Dr. Christina Tarnanidou, Assistant Professor of Commercial Law at Athens University of Economics and Business, has...Read More

Energy News – 52nd Issue-EU acquis ENERGY MARKETSEnC: Implementation of the EU acquis on VAT On 28 August 2017, the Energy Community (EnC) Secretariat published a study analysing the need for implementation of EU acquis on value-added-tax (VAT) in the EnC’s Contracting Parties (CP). The key findings of the Study support the harmonization of CPs...Read More

Energy News – 51st Issue-Gas pipeline Energy Markets ŒEU: Study on the Impact Assessment of the EU Commission of the Electricity Market Design Initiative Published Electricity ŒAlbania: ERE’s Decision on the Closed Distribution Systems of Electricity ŒAlbania: ERE’s Decision on Financial Guarantees for the Market Players ŒAlbania: ERE’s Decision on Transparency Program ŒGreece/ADMIE: Transfer of...Read More

Basic Legislation on Insolvency by Rokas’ senior partner Ioannis Rokas has been published and is a collection of legislation for the regulation of financial insolvency situations with useful comments and interpretative remarks. It includes the Laws on: Bankruptcy, Insolvency Manager, Over-indebted individuals and Out-of-Court Settlement of Indebted Businesses.Read More

Liber Amicorum in Honour of Ioannis K. Rokas has been published (in Greek) by Nomiki Bibliothiki Publ., Athens, 2017 This Festschift/ Liber Amicorum is a tribute to honour the work of em. Professor Dr. Jur. Ioannis K. Rokas and senior partner of the firm, who, as a Professor, held the Chair of Commercial Law at...Read More

Privatisation tender for 66% of Greek gas TSO relaunched (Article by Stefania Chatzichristofi, published in the Energy & Natural Resources Newsletter of the ILO on July 31, 2017) Previous privatisationDESFA, the national natural gas transmission system operator (Greek gas TSO), is a 100% subsidiary of thepublic gas corporation DEPA and was unbundled by the latter...Read More

Arbitration News – Three is a crowd – Third-party arbitration funding (Article by Dr. A. Tsavdaridis, published in the Arbitration & ADR Newsletter of the ILO on July 20, 2017) Third–party arbitration funding can benefit both under–resourced growing businesses as well asestablished and profitable companies, allowing them to cover the legal costs of potentiallycomplex proceedings. […]Read More