Legal500

Watson, Farley & Williams – Greek Branch

6TH FLOOR, NEOPHYTOU VAMVA 4, KOLONAKI 106 - 74, ATHENS, GREECE

Singapore, Rome, Rome, Piraeus, Paris, New York and 8 more

What we say about the firm's legal practice in Greece

Banking, finance and capital markets

Within Banking, finance and capital markets, tier 4

Best known for its ship finance work, Watson, Farley & Williams – Greek Branch is also highly recommended for energy-related project finance. It broadened its offering by recruiting Nikos Kostikas, formerly legal counsel at UniCredit Bank.

Energy

Within Energy, Watson, Farley & Williams LLP is a first tier firm,

Watson, Farley & Williams – Greek Branch displays ‘deep knowledge of the energy sector and local legal environment’, and group head Virginia Murray is ‘extremely capable when it comes to drafting complex structures’. The renewable energy sector is a core focus; it recently advised Emporiki Bank on the €17.5m loan funding of a 7MW photovoltaic energy project for Quest Energy.

Legal market overview

Within Legal market overview ,

The legal market has ridden the economic turmoil better than most sectors, partly because lawyers are less specialised than counterparts in larger jurisdictions and have maintained a flexible and robust approach to the changing demands of the market. Karatzas & Partners Law Firm, Koutalidis Law Firm, M & P Bernitsas Law Offices, Potamitisvekris and KGDI Law Firm are the most prominent Greek firms, with the latter the largest by size with around 100 lawyers. UK shipping law firms represent the bulk of international operations in Greece, and the majority have kept to the confines of this practice, with the exceptions of Norton Rose LLP with a full-service offering; Watson, Farley & Williams – Greek Branch for energy matters; and Reed Smith.

Shipping finance

Within Shipping finance, Watson, Farley & Williams LLP is a first tier firm,

Watson, Farley & Williams – Greek Branch’s well-respected ship finance practice is headed by George Paleokrassas in Piraeus. It advised BNP Paribas on the acquisition of the shipping portfolios of Fortis Bank, and also represented a syndicate of banks on the restructuring of a $207m shipbuilding facility.

Further information on Watson, Farley & Williams LLP

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Indonesia

Foreign firms : Foreign firms

London

Offices in London

Singapore

Offices in Singapore

South Korea

Foreign firms : Foreign firms

Thailand

Offices in Bangkok

Vietnam

Banking and finance : Banking and finance

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Legal Developments in Greece

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

Greek Société Anonymes: An introduction to the key rules

- Kelemenis & Co
Greek electricity and natural gas legislation following the recent legislative overhaul

Introduced in August 2011, Statute 4001/2011 on the Electricity and Natural Gas Markets has set de novo Greek energy legislation. In this chapter, Kelemenis & Co., which acted as the legal advisor to the Greek Ministry of Energy in drafting the new energy law, sets out, in a Q&A format, all key provisions for both the electricity and gas sectors.

- Kelemenis & Co
An outline of Greek corporate tax legislation

The sovereign debt crisis has caused successive revisions of Greek tax legislation. In this chapter, Kelemenis & Co. deals with the key provisions of Greek corporate tax legislation as currently in force whilst focusing on themes which are of high importance to both foreign and domestic investors.

- Kelemenis & Co
Employment Newsletter - Information on recent employment law developments in Greece

In this newsleer A. Reduction of minimum salaries and wages B. Amendment of framework on Collective Labour Agreements C. Changes in the Mediation and Arbitration System D. Suspension of salary increases based on seniority E. Qualification of employment contracts due to expire upon a certain age or upon completion of pension requirements as indefinite- term contracts.

- Zepos & Yannopoulos
Labour Law developments in Greece increase flexibility of employment

Recent labour law reforms in Greece significantly modify the labour scene regarding the employees working hours, their salaries and severance payment and other employment matters. All changes have been made in the spirit of preserving employment, increasing cost reduction and boosting competitiveness.

- Avramopoulos & Partners Law Firm
Banking Newsletter March 2012

Informa+on on Greek Memorandum of Understanding and PSI

- Zepos & Yannopoulos
The Ultimate Legal Guide to Investing in Greece

1) minority shareholders rights and shareholders agreements, 2) S.A. taxation, 3) antitrust regulations, cartels and abuse of dominance, 4) state aid, 5) environment & industry, 6) spatial & urban planning, land uses, 7) personal data protection.

- Dryllerakis & Associates
Employment Law amendments boosts Foreign Direct Investments (F.D.I.)

Pistiolis-Triantafyllos & Associates law firm has one of the most dynamic and business-oriented corporate employment & labour law practices in Greece. We represent national and international corporations and we make it our business to keep up with the ever-changing complexities of employment law, so corporations can focus on running their business. Employment law is one of the most rapidly changing areas of our legal system. Against a backdrop of new legislation, regulations and reported cases, maintaining best practice is a real challenge.

- Pistiolis - Triantafyllos & Associates Law Fir
Competition Alert Hellenic Competition Commission adopts a new Leniency Program

The Hellenic Competition Commission (HCC) recently issued decision 526/VI/2011, by virtue of which it adopted a “second generation” leniency program, which is fully aligned with the relevant EU provisions and practices.

- Zepos & Yannopoulos
P&P Newsletter - PV Energy

Update on the regulative framework of PV development following the recent enactment of Law 4001/2011 and the revised Regulation of Electricity Generation Licences for RES plants in Greece.

- Politis & Partners