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5 LYKAVITTOU STREET, 106 72 ATHENS, GREECE
Tel:
Work +30 210 361 5395
Fax:
Fax +30 210 364 0805
Email:
Web:
www.bernitsaslaw.com

Panayotis Bernitsas

Tel:
Work +30210 3615395
Email:
Bernitsas Law

Work Department

Corporate and M&A; EU, Competition & Antitrust; Litigation, Arbitration & Dispute Resolution; Privatisations; Project Finance & Public Private Partnerships; Real Estate; Tax.

Position

Panayotis has been Managing Partner of the Firm since 1984. His active, broad-based commercial practice incorporates 35 years of experience, in transactional, advisory and litigation work. He is Head of the Real Estate, Tax and Project Finance & PPPs departments. 

Panayotis is an authority in EU, competition and antitrust law and has represented clients in prominent cartel cases before the Hellenic Competition Commission. He is a senior litigator, with vast experience in all types of dispute resolution, and represents clients in complex, high stake civil and administrative actions before the high courts and arbitration boards. He has also acted as arbitrator at the International Chamber of Commerce (ICC).

Panayotis is an expert in concession projects and privatisations, with an unsurpassed track record of playing a key role in many of the pioneering, ground breaking transactions to have taken place in Greece. He advises extensively on major renewable and conventional energy and infrastructure projects and investments in energy property development companies. His real estate practice is focused on large scale developments and real property asset portfolio investments.

Within the framework of his private practice, Panayotis has acted on a number of occasions as advisor to the Government on European Union, State Aids and Privatisation issues. He also advises companies and individuals on complex tax structuring and wealth planning matters and has acted extensively in high stakes tax controversies.  

Panayotis has been widely published in the legal journals, books and other publications in his areas of expertise.

Career

Athens Bar, 1974; Athens Court of Appeals, 1981; Supreme Court of Greece, 1984; Associate Professor of International Economic Law, the Law of International Business Transactions and European Community Law, University of Thrace, 1983-2007; External Counsel to the Ministry of National Economy on the Privatisation of State-Owned Enterprises (National Telecommunications Organisation (OTE) and Refineries), 1991-93; Counsel to the Minister of National Economy on Illegal State Aids and Privatisation Issues, 1990-91; Secretary General of the Hellenic Centre for European Studies, 1990-93; Counsel to the Hellenic Banking Association, 1980-90; Counsel to the Prime Minister on EC Matters, 1989-90; Counsel to the Minister of Foreign Affairs, 1989-90; Counsel to the Greek Commissioner for Common Market Transport Matters, 1983-84; Special Secretary for Public Investments, Regional Policy and Integrated Mediterranean Programmes at the Ministry of National Economy, 1989; Advisor to the Ministry of National Economy during the negotiations for Greece's Accession to the European Community; Authorised to appear before the European Patent Office.

Languages

Greek, English, French, German and Italian.

Member

International Fiscal Association, Greek Section; Fédération Internationale de Droit Européen, Greek Section; Greek Institute for International and Foreign Law (Athens); Hellenic Society for International Law and Relations; International Bar Association; Société de Législation Comparée; International Law Association; American-Hellenic Chamber of Commerce; British-Hellenic Chamber of Commerce; Hellenic Society for Private International Law.

Education

Degree in Law, University of Athens; DES in Public Law, University of Paris; PhD, University of Thessaloniki.


Greece

Banking, finance and capital markets

Within: Leading individuals

Panayotis Bernitsas - Bernitsas Law

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Commercial, corporate and M&A

Within: Leading individuals

Panayotis Bernitsas - Bernitsas Law

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Dispute resolution

Within: Dispute resolution

Praised for its β€˜industry knowledge and legal proficiency’, Bernitsas Law’s clients consider it β€˜the first choice when it comes to administrative litigation’. The team is jointly led by the β€˜very knowledgeable’ Christos Paraskevopoulos, who is β€˜fully devoted to the client’, and Dimitris Roussis, who has a β€˜very good knowledge of administrative law’. Managing partner Panayotis Bernitsas is also praised for his β€˜deep legal knowledge’. The firm recently represented CANA Pharmaceuticals in an appeal before the Council of State regarding claw back payments to Greek hospitals.

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EU and competition

Within: Leading individuals

Panayotis Bernitsas - Bernitsas Law

Within: EU and competition

Bernitsas Law fields a number of specialists in competition law. Counsel Augustine Almyroudi leads the team, which benefits greatly from the experience of managing partner Panayotis Bernitsas. The firm recently advised HRADF on competition issues linked to the privatisation of the National Train Operating Company and the Rolling Stock Maintenance Company.

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Projects and privatisation

Within: Projects and privatisation

β€˜As good as any in the Greek market’, the β€˜excellent’ Bernitsas Law is noted for its ability to provide β€˜deep market awareness and focused, constructive advice’. Managing partner Panayotis Bernitsas handles projects and infrastructure matters. Nicholas Papachristopoulos, Dimitris Roussis, and Yannis Seiradakis are recommended for privatisation mandates. The firm recently acted for Jermyn Street Real Estate Fund, which led a consortium on the acquisition of the €400m Astir Palace Hotel resort from the Hellenic Republic Asset Development Fund (HRADF) and the National Bank of Greece (NBG). Yannis Kourniotis is now with KKLegal.

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Real estate and construction

Within: Leading individuals

Panayotis Bernitsas - Bernitsas Law

Within: Real estate and construction

Managing partner Panayotis Bernitsas heads the team at Bernitsas Law. In an illustration of its work for large real estate funds, the practice advised Jermyn Street Real Estate Fund on its €400m acquisition and development of the Astir Palace Hotel from HRADF and NBG. The firm also acted for VΓ€rde Partners on its €40m acquisition of a controlling stake in Greek listed real estate investment company, Trastor.

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Tax

Within: Tax

Bernitsas Law represents companies and HNWIs on the full range of advisory and contentious issues. Panayotis Bernitsas heads the team, which includes experienced associate Fotodotis Malamas.

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