Court of Cassation
Greece
Account Seizures Legal Without Informing the Debtor
The seven members of the Council of State of Greece announced yesterday their decision regarding seizure of salaries and pensions of debtors owing to the State. They announced that debtors will not be informed beforehand in regards to the...
Greece
Small Bondholders Assail Haircut's OK
More than 100 small bondholders gathered on the morning of June 26 outside the Council of State and threatened to lynch every judge they saw.
What infuriated the small bondholders was information that the haircut of their bonds was upheld...