IAG Successfully Defends Board of Alpha Bank Before Athens Court

IAG Successfully Defends Board of Alpha Bank Before Athens Court

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The IAG law firm in Greece has successfully represented the Board of Alpha Bank before the Athens Court of Appeals in a dispute involving charges of breach of trust in relation to multi-million loans granted to, according to IAG, a “well-known publishing company and its principal that ran into financial difficulties.”

According to IAG, "after a lengthy trial hearing, [the Court] held that the defendants did not breach legal or best practice rules which governed the granting and/or restructuring of loans to companies or individuals, but acted within the limits of the business judgment rule.”

The IAG team included Managing Partner Ilias Anagnostopoulos and Attorney at Law Jerina Zapanti.