Koumentakis

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  • Workshop Of Creative Pharma Services for Confidentiality

    Workshop Of Creative Pharma Services for Confidentiality

    [vc_row][vc_column][vc_column_text] Koumentakis & Associates Law Firm was invited and participated in the annual training conference of Creative Pharma Services, with a presentation titled: “Companies and Confidentiality”.

    The presentation of Mr. Stavros Koumentakis gathered the high interest of nearly one hundred executives and associates of the company who participated, as, apart from the general context of the issue, Mr. Koumentakis also referred to the specific issues arising for the Pharmaceutical market.

     

    Obligation Of Confidentiality

    Mr. Stavros Koumentakis, Senior Partner of Koumentakis & Associates Law Firm started his address with a reference into the obligation of confidentiality for all information related to a company and its stakeholders, such as associates, clients and employees and he furtherly focused on the particular issues related to pharmaceutical industry, including any information related to studies and pharmacovigilance as well as products, designs, patents, documents on policies and procedures.

     

    Personal Data

    Mr. Koumentakis then referred to the issue of personal data, the obligations and rights of employees and associates, and the capabilities that companies have in order to ensure Confidentiality (e-mail monitoring, retrieving deleted mail, recording of data from the company’s computers, etc.).

    Confidentiality Regulations And Sanctions

    As Mr. Koumentakis stated, the legal framework for confidentiality regulations is quite comprehensive both in general (Civil Code and Penal Code), and in particular (Law 2472/1997, Law 144/1914, Greek Code of Ethics for Pharmacists), as well as at the level of a company (Employment Agreements, Labor Code, Code of Ethics, NDA’s), while the sanctions for a confidentiality breach are Civil Penalties (two times the annual remuneration,  compensation for any damage), Penal sanctions (custodial sentences, financial penalties) and Professional penalties.

     

    The Benefits Of Confidentiality

    In conclusion, Mr. Koumentakis, noted that the issue is NOT, mainly legal, and that the benefits of securing confidentiality are obvious to the company, its clients, its employees and their families. Since, on the one hand, the company believes in its partners and trust in them, and on the other hand the partners confirm the high levels of professionalism with respectful confidentiality, this is a factor of growth and prosperity. “Regardless of sanctions, it is necessary to align the philosophy of the stakeholders and maintain high professional standards”.

    Koumentakis & Associates Law Firm was represented in the conference by Konstantinos Kornilakis, Partner and by Petrini Naidou, Senior Associate.

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  • Participation In The Workshop “Corporate And Household Insolvency”

    Participation In The Workshop “Corporate And Household Insolvency”

    [vc_row][vc_column][vc_column_text] George Karanikolas, Associate at Koumentakis & Associates Law Firm, was invited and participated in the workshop organized by the Legal Department of the IMF on “Corporate and Household Insolvency in Europe”.

     

    Workshop For Insolvency

    In the recent workshop at the Joint Vienna Institute, presenters and participants evaluated the interaction between policy objectives and technical solutions in corporate and household insolvency and discussed on the trends for the future development of relevant legislation.

    The workshop is interactive and designed for policy makers by a diverse group of European countries dealing with corporate and household insolvency issues, by leading international experts and representatives of the legal and European departments of the IMF, the World Bank, the EBRD and of other international organizations.

     

    Workshop’s Objective

    The objective of the workshop was to provide a forum for executives from European countries in order to share with their colleagues from other countries their experience of reforms and of the implementation of the bankruptcy law for companies and households as well as the requirements and alternative techniques for the management of adverse debt.

     

    Knowledge transfer

    The global financial crisis and the subsequent European crises reinforced the need for adequate and effective debt reductions and many countries have implemented or have implemented debt adjustments to deal with the consequences of changes in the economic environment.

     

    In this two-day workshop senior executives from European countries responsible for planning or implementing bankruptcy laws for companies and households and related issues participated. Upon completion of this workshop, participants are able to:

    • Evaluate the interaction between policy objectives and technical solutions in corporate and household insolvency
    • Identify trends for the future development of bankruptcy legislation
    • Draw lessons from positive and negative experiences in European countries

     

    Curriculum Vitae

    George Karanikolas studied at the Law School of the Democritus University of Thrace and received a postgraduate diploma (LLM) from the Law School of the University of Bristol (Law & Philosophy). Since 2013, he is an external associate of the Greek Translation Department of the Court of Justice of the European Union and since 2015 he is a scientific and expert associate of the Ministry of Justice, Transparency and Human Rights and also a PhD candidate of the Department of Penal and Criminal Studies of the Law School of the Aristotle University of Thessaloniki. George has been an associate of Koumentakis & Associates Law Firm and specializes in issues of bankruptcy and criminal law.[/vc_column_text][/vc_column][/vc_row]

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