Commercial law is sometimes mentioned as business law or corporate law. It focuses on the laws that govern commerce, trade, sales and merchandising, as well as the businesses and individuals who participate in those activities. As a division of civil law, commercial law encompasses a range of topics such as corporation law, securities and deviations law, finance and banking, bankruptcy, industrial property rights, and industrial relations law, stock exchange, taxation law, practices law, and consumer law. Commercial lawyers are often expected to help their clients navigate and address issues affecting the business world, but they also play a key role in drafting and negotiating transaction documents and managing deals, using their legal knowledge and their market awareness.
In particular, commercial law is subdivided into:
Law on commercial contracts
The role of contracts is to clarify the terms and purpose in detail of any commercial cooperation in order to prevent a possible malfunctioning of the legal relationship and to avoid recourse to the court. Our office combines legal knowledge with deep sector experience and a can-do approach covering a full spectrum of commercial law, providing legal support and guide our clients through the complexities to their contracts provide the necessary framework for success. We pursue contracts dealing with intellectual property, industrial property rights, lease agreement, franchise agreement, contracting and subcontracting agreements, agency agreement, and works contract. We ensure that all contracts are clear and unambiguous, suitable for the purpose, compliant with the law to protect our clients from commercial risks.
Business law or mercantile law
Business law starts with setting up a business. In the eyes of the law, each business is a legal entity. Starting up a new business typically begins with filing the paperwork and choosing the right type of business entity. The liability that partners/shareholders may have or may not have for corporate debts, tax treatment, financial figures, and the degree of dependency on banking products are only some of the factors that need to be taken into account before choosing the corporate type. Besides choosing the right corporate type, our office also provides the best possible advice on all phases of the life cycle of a business: start-up, expansion, mergers and acquisitions, real estate acquisitions and expansions, change of manager enterprise maintenance, split-ups, and exit strategies.
Securities Laws
Securities Laws are laws and regulations governing financial instruments such as stocks, mutual funds, and bonds. These rules try to prevent fraud, insider training, and market manipulation. Corporations, governments, and individuals buy and sell securities as a way of investing and growing their money. Our lawyers work in many different arenas, since theyoffer accurate information to our clients, assist in understanding their rights and protect their financial interests,advice them on the common signs of securities fraud or mismanagement of investments, and finally work as litigators in both civil or criminal courts to help enforce securities law.
Insolvency Law
Insolvency law encompasses all legal aspects involved when either individuals or legal entities (i.e. companies) get into financial difficulty. In other words, it could concern problems involving loans and debtors. Taking steps at an early stage, whether by seeking legal advice or reorganizing your business can prevent serious problems and can help keep your business in a healthy financial state. Our partners are both experienced and highly competent receivers and administrators. They have wide experience in all aspects of liquidation, from bankruptcy to suspension of payments – according to the Greek Law, and can supply our clients with the best possible solutions involving loans, negotiations with banks, enforcement of collateral and corporate reorganizations. We are in close contact with external specialists and we also choose to work informally and in close cooperation with our clients, taking their interest as our starting point.