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.
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.
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
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.