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.
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