News
Introductory claim already filed at Europeran Court of Human Rights by our law firm on behalf of Greek bondhoders victims of the collective action clause
Our Law firm, instructed by a number of holders of Sovereign Greek debt bonds in cooperation with our Italian counterparts, has submitted on the 11th of April 2012 an introductory claim at the EUROPEAN COURT OF HUMAN RIGHTS in Strasbourg under rule 47§5 of the Rules of Court.
This action should be the first of its kind in the world and is expected with great interest as it requests the Court to initiate a Pilot Judgment procedure pursuant to rule 61 of the Rules of Court, alleging a breach of the European Convention on Human Rights and its Protocols to which Greece is a party.
The procedure of the European Court direct application on behalf of Greek bond stockholders is ging forward
The European Court on Human Rights from Strasbourg has officially acknowledged registration of the introductory filing from our Law firm of a legal claim versus the Hellenic Republic on behalf of several clients' holders of Greek State bonds which have suffered a severe haircut without the consent of these holders. This introductory direct claim has been registered under No 26.055/2012 and should be the 1st such action worldwide thus creating a legal as well as practical interest in Greece and abroad where Greek State bonds are being held.
Direct request to the European Court on behalf of former Olympic Airways employees paid with Greek state bonds
From the beginning of the Greek sovereign debt crisis our Law firm has very carefully examined the State bonds issue and all possible legal means and ways of reacting both domestically and internationally. We have mainly focused on the procedure of the direct request to the European Court of Human rights in Strasbourg in conjunction with our Italian specialist counterparts and we were the first ones in the world to have filed under that procedure. Now we are going one step further in this direction.
3rd European Court filing on behalf of Greek bondholders
In view of the approaching deadline set by the European Court for the direct filings, our Law firm is pleased to announce that we have completed a 3rd direct such application on behalf of Greek bondholders.
The European Court of Human Rights in Strasbourg, has informed us that on 08-06-2012 was completed our 3rd application and was granted by the Court's Registry the general case number 35549/12.