Modern business operates within a particularly complex and constantly changing regulatory environment. Decisions taken at the management level of a company often carry significant legal, regulatory, and commercial implications.
Nikolaidis & Associates provides specialized legal advisory services to executives and boards of directors, supporting management in making critical business decisions with a focus on legal certainty, compliance with the applicable regulatory framework, and protection of the company’s interests
Where does the personal liability of management come from?
Members of a company’s management may bear personal liability in a range of situations provided for under Greek law:
- Civil liability towards the company for breach of the duties of care and loyalty (Law 4548/2018)
- Tax liability for the company’s debts to the State (Article 50 of the Tax Procedure Code)
- Liability for social security contributions to e-EFKA (the Greek social security fund)
- Criminal liability in cases such as tax evasion, non-payment of debts, or offences under company law
- Liability in the event of insolvency, particularly for late filing of a bankruptcy petition
Timely legal assessment of management’s decisions substantially limits exposure to these risks.
Legal Support for Company Management
This service is addressed to:
- Boards of Directors
- Chief Executive Officers (CEOs)
- Senior executives
- Department heads
Its aim is to provide timely, well-founded legal guidance on matters affecting the company’s operation and strategy.
Legal Risk Management
The firm supports company management in identifying and assessing potential legal risks that may arise from business decisions, commercial partnerships, or investment initiatives.
The service includes:
- assessment of legal risks in business decisions
- legal review of strategic partnerships and agreements
- support on corporate governance matters
- advice on regulatory compliance
Support in Business Decision-Making
Sound legal guidance contributes to effective decision-making by a company’s management. The firm provides advisory services that allow executives to assess the legal consequences of their decisions and proceed with confidence in implementing their business strategy.
With a strategic approach and deep knowledge of the business and regulatory environment, Nikolaidis & Accosiates acts as a trusted legal advisor to company management on matters that demand a high level of legal substantiation and confidentiality.