Recognition and enforcement of punitive damages judgments and awards in Greece – Zacharodimos Georgios
“Foreign judgments and arbitral awards may not be enforced in Greece, if, among others, the enforcement of the judgment or arbitral award in question is contrary to the international public policy (ordre public) of Greece (see article V L. 4220/1961 (1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards), articles 323, 905 Greek Civil Code of Procedure, article 45 Reg. 1215/2012 etc.).
Last updated: 13/4/2014
Chr. Tsouca, Assistant Professor of Private International Law – Law School of the University of Athens, Comment on Judgment 3075/2012 of the One-member Court of First Instance of Piraeus. The Rome II Regulation – Scope of application – Other non-contractual obligations except for torts/delicts, unjust enrichment, negotiorum gestio and culpa in contrahendo
‘The object of judgment 3075/2012 of the One-member Court of First Instance of Piraeus was a case of non-payment of the price agreed upon in the context of a sales contract. More precisely, the contested sales contract was concluded between a company with registered offices in Liberia and an established office in Greece, whose business activity was, among others, the supply of ships with liquid fuels and oil products for profit (vendor company), and a company (purchasing company) whose registered offices were in the Marshall Islands, its real seat, nevertheless, in Switzerland. The latter was the operating company of a ship under Italian flag, owned by company with registered offices in Italy. The sales contract in question, concluded for the purpose of refuelling the said ship…’