Kelemenis & Co. wins petition at the Greek Supreme Court for insurance company General Union

The firm has overturned the judgement of the Piraeus Court of Appeal relating to the severance claims of the former CEO of insurance company General Union at the Greek Supreme Court. General Union had terminated the employment contract of its CEO (and former shareholder) without paying any severance on the basis that his overall conduct constituted cause for denying the CEO any severance. Both the first instance court and the appellate court ruled otherwise, yet the Supreme Court held the opinion that the CEO’s overall conduct caused critical problems to the goodstanding of the company that made his entitlement to severance questionable, which the court of appeal failed to see or address properly.