Impacts of a sluggish court system

Greece is in trouble.  It is being pressured to implement a number of reforms as part of negotiations for various forms of debt relief.

One of those reforms is an overhaul of its courts system, which is viewed as being slow, inefficient, and a handbrake on commerce.  For example, the World Bank reported this year that it took on average over four years to enforce a contract in Greece (compared to an OECD average of 1.5 years).

Does Australia have anything to worry about?