The lawyers of our firm have excellent experience in the negotiation and drafting of commercial contracts and in the litigation that often arises from their execution.
Our law firm can undertake the drafting or review of one commercial contract of interest to you or firmly all of your business contracts for a monthly fee.
Our experience allows us to be fast in drafting and checking commercial contracts and in this way we can charge our client very low fees.
The cooperation of the lawyer at the Supreme Court, Stephanos Economou for 20 years with large multinational companies such as the mobile phone company Wind, the pharmaceutical company Boehringer Ingelheim, the Vlassis Stathokostopoulos group of companies and many other large and small companies led him to draft and actively participate in the negotiation of numerous commercial contracts from the simplest to the most complex, often with a subject matter of tens of millions of euros in both Greek and English. He has represented the aforementioned companies and dozens of others in court in disputes that arose during the execution of a commercial contract, whether they concerned the payment of debts, the breach of a term or the termination of the contract and the claim for damages.
Attorney Panagiotis Economou, with his postgraduate studies in International Commercial Law, also has expertise in commercial contracts.
The negotiation and drafting of an important commercial contract requires legal knowledge, experience and understanding of the scope of the business. Our lawyers have represented companies operating in various industrial and commercial sectors and know their commercial subject matter.
Here are some typical examples of contracts we have dealt with:
Agency and distribution contracts.
Our lawyers have dealt with agency and distribution contracts in the pharmaceutical and medical technology sector, in the provision of telecommunication services and equipment, in the provision of consumer goods, various services, technical equipment, catering and many other products and services. In these cases, great importance must be attached to exclusivity and non-competition clauses as well as to clauses regulating what happens after the termination of the cooperation between the undertakings.
Letter of intent ( LOI )
We have drafted many letters of intent, usually not legally binding, to explore the possibility of two businesses working together. Confidentiality and confidentiality clauses in these cases are extremely important.
Non-Disclosure Agreements ( NDA )
A confidentiality agreement is necessary at the beginning of any cooperation and during its duration to ensure that the parties will keep confidential the information received from each other.
Contractor Agreements
Contractor contracts are very common in business practice. They may concern the construction of a building, an industrial plant, software, machinery, etc.
Under a works contract, one party, called the contractor, undertakes to carry out the work and the other party, called the employer, undertakes to pay the agreed remuneration on delivery of the work, i.e. the contractor, except as provided for in the general provisions for two-party contracts, is obliged to prepay his principal performance, unless otherwise agreed, as is the case where the delivery of the work is agreed in instalments with a corresponding instalment of the remuneration due, since the obligation to prepay is a rule of subordinate law.
The term ‘work’ means any final result of the contractor’s work and activity to which the parties to the contract have agreed, whereas the term ‘delivery of the work’ means the fulfilment of the contractor’s main obligation, which consists in carrying out the work and supplying it to the employer, that is to say, the work has come within the employer’s sphere of authority, provided that the work is the one agreed and not entirely different, because then the contractor is not considered to have preperformed his performance in order to be entitled to the agreed remuneration.
The contractor’s remuneration may be fixed at the time of drawing up the contract on a flat-rate basis, per unit, on a budget basis, on an accrual basis, over time, or may be left undefined in terms of amount and method of calculation.
Contract for the manufacture of medicinal products
Our law firm has drafted and drafted many contracts of pharmaceutical companies that outsource the production of their drugs to a third party producer. In these contracts, compliance clauses with international standards of drug production are important, as well as the description of the entire production process, punctuality clauses, etc.
Franchise agreements
Our lawyers have provided full legal support for the development of franchising networks in products and services of fixed and mobile telephony, catering and fast food, clothing and accessories, convenience stores, hairdressing and spa networks, technical services and many other areas.
Contracts for the supply of materials and services.
Typical examples of contracts processed by the lawyers of our firm are the following: Contracts for the supply, installation and maintenance of advanced telecommunications equipment worth several million euros for the development of mobile and fixed telephony networks. Contracts for the supply, installation and maintenance of software, medical equipment, machines, computers and many other goods and services.
Commercial leasing contracts
A commercial lease is considered to be any lease of immovable property for the purpose of carrying out commercial operations therein or for the exercise of a profession or activity protected by the legislation on commercial leases, as well as for the establishment in general of educational establishments and nurseries, accommodation of clinics and nursing homes of all kinds, accommodation and operation of pharmacies and pharmacies and accommodation of retirement homes.
The lawyers of our office have handled hundreds of cases of purchase – sale and lease of commercial and residential real estate and have carried out hundreds of title checks in mortgage offices and land registries.
We have also handled cases of commercial leases through public tender, cases of rent reduction, tenant eviction, co-ownership disputes, real estate purchase and sale cancellation and refund of deposit cases, as well as with real estate tax and cadastral issues.
Duration of the commercial lease.
Commercial leases concluded are now governed by their contractual terms, the provisions of the Civil Code and Decree 34/1995.
Their duration is set by law at three (3) years, even if they have been agreed for a shorter or indefinite period, and may be terminated by a newer agreement evidenced by a document of definite date. Termination shall be in writing and shall take effect three (3) months after its notification.
Contracts between the State and undertakingsfor the concession of land, buildings and infrastructure for tourist use and the provision of leisure and catering services.
Contracts for the purchase, lease and management of real estate, shops, hotels, tourist accommodation, horizontal property recommendations, out-of-court distribution of real estate.
Business management contracts, in particular for hotels, factories, etc.
Toll manufacturing, co-marketing and co-promotion contracts for pharmaceuticals.
Share transfer contracts
Shareholder agreements.
Consultancy contracts