11 June
Recognition and Enforcement of Foreign Court Decisions and Arbitral Awards in Greece
KLC Law Firm has successfully assisted a client in securing the recognition of enforceability in Greece of a US Supreme Court ruling awarding ca. USD 18 million, out of which ca. USD 10 million in punitive damages. The Greek court judgment constitutes a breakthrough case law paving the way to a more permissive approach as regards the enforceability of foreign court judgments and arbitral awards on punitive damages in Greece.
You can read more on the issue by clicking here.