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Our Law firm wins case versus EFG-Eurobank on Lehman products

On its 8792/November, 17, 2010 ruling, the Athens Court of First instance ordered a conservative seizure (injunction) on all assets of the bank up to the requested amount for one of our clients who purchased Lehman structured products through that bank.

It is the very first time that a Court grants such an injunction versus a major Bank which until now was denying any liability in connection of the purchase of such structured titles. This is a major Court victory following an amicable record settlement reached with Citibank some months ago.