AGA represented OLYMPIA GROUP and businessman Panos Germanos in a dispute brought against them by a former executive claiming €13.5 million as the balance of bonus owed. AGA succeeded not only to overturn the first instance court decision (which had ruled in favor of the executive) by the Court of Appeal but also to win for their client the  amount that had already been paid to the executive as a bonus, with interest, bringing the total amount owed to AGA client over €15 million.  The court’s decision (which was based on recent case law of the Supreme Court in a trial in which AGA participated) is very significant and has received wide publicity since it is has been accepted that, in order for a management executive’s bonus contract to be valid and binding on the societe anonyme, it must have been previously approved by the General Meeting of Shareholders, even if the societe anonyme is a single-shareholder company or even if the main shareholder has co-signed the contract.