The case is still open to investors (until 2032) and refers to those who had invested in Greek Government Bonds (GGB’s) and they were obliged to suffer a 53,5% haircut to the notional / face value of their holdings, due to a bilateral agreement between Greece (as an issuer) and the Financial Institutions (Debtors) who were the Custodian Entities on behalf of the private/end investors. We have filled against the Banks / Financial Institutions who sold the GGB’s to private investors. The cases are pending to be adjudicated by the Supreme Court.

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