Banking, finance and capital markets in Greece

Bernitsas Law

Bernitsas Law advises both domestic and foreign clients on complex matters including offerings of debt instruments, mergers and demergers in the banking sector, non-performing loan (NPL) transactions, securitisations, financial regulation, and restructurings and insolvency. The team handles a great volume of cross-border transactions, providing industry expertise across a variety of sectors such as healthcare, telecoms and retail. ‘Leader in the field‘ Athanasia Tsene co-heads the practice, with vast experience in international financial transactions, including security and hedging arrangements. Fellow co-head Nikos Papachristopoulos has been heavily involved in the recapitalisation of the Greek systemic banks. Managing partner Panayotis Bernitsas and counsel Dionysis Flambouras, who specialises in financing arrangements, securitisations and bond issues, are also noted.

Practice head(s):

Athanasia Tsene; Nikos Papachristopoulos

Other key lawyers:

Panayotis Bernitsas; Dionysis Flambouras; Sofia Kontou; Yannis Potamias

Testimonials

‘A very knowledgeable team, providing fast and practical answers and solutions. Great client management skills.’

‘The team stands out for its innovation, responsiveness, availability, collaboration and responsibility.’

‘Dionysis Flambouras is hardworking, responsive and business oriented. He works well with clients.’

Athanasia Tsene is a leader in the field. She is innovative and knowledgeable.

‘A very knowledgeable and experienced team.’

‘Athanasia Tsene is very technical. She and Nikos Papachristopoulos are a great resource for Greek law matters.’

Key clients

Alpha Bank

Amerra Capital Management LLC

Apollo Global Management

Bank of America Merrill Lynch

BNP Paribas

CPPIB

Cepal SA

Citigroup

Commerzbank

Credit Agricole

Credit Suisse

CVC Capital Partners

Davidson Kempner European Partners LLP

Deutsche Bank

Ellaktor SA

Ellington Management Group

Elpedison Power SA

Eurobank Ergasias SA

Hellenic Petroleum

Hoist Finance AB

Hoist Hellas SA

HSBC

International Finance Corporation (IFC)

Intrum AB

JP Morgan

Link Group

Morgan Stanley

Motor Oil Group

Mubadala Investment Company PJSC

Mytilineos SA

N.M. Rothschilds and Sons Limited

National Bank of Greece

Olympic Commercial and Tourism Enterprises SA (Avis Hellas)

PIMCO

Piraeus Bank

RIA Payment Institution

Shikun & Binui

Societe Anonyme of Maintenance Compulsory Stocks and Trading of Crude Oil

Société Générale

Titan Group

Thomas Cook (in liquidation)

Trastor REIC

Värde Partners

Vivartia SA group of companies

Western Union

Work highlights

  • Acted as Greek law counsel to Piraeus Financial Holdings in connection with its €1.3bn non-preemptive equity capital raising.
  • Acted as Greek law counsel to Mytilineos SA in connection with its green bond offering of €500m senior notes.
  • Advised PIMCO in connection with its securitisation agreement with PPC for unpaid receivables of over 90 days.

Karatzas & Partners

Karatzas & PartnersComparative Guides promotional icon has a well-established reputation in financial and capital markets transactions, and its sizeable team is well versed in securitisations, bond issuances, refinancings and non-performing exposure (NPE) matters. The team has long-standing relationships with global law firms in the UK and the US, including DLA Piper, Linklaters LLP and Cleary Gottlieb Steen & Hamilton, which it can leverage to advise on complex international transactions. The team is led by Catherine Karatzas, who has over 30 years’ experience in banking, finance and capital markets matters. Clients also commend Christina Faitakis, who has extensive experience in the financing of construction and development projects. Other names to note include Alexandros Metallinos, a specialist in energy project financing and acquisition financing, and the ‘very strong‘ Alexandra Kondyli.

Practice head(s):

Catherine Karatzas

Other key lawyers:

Alexandros Metallinos; Christina Faitakis; Nikos Fragos; Alexandra Kondyli; Nikos Askotiris; Christos Paraskevopoulos

Testimonials

‘The team has a high level of knowledge of the relevant law. It is focused on satisfying the client’s business needs and is very knowledgeable about the procedures of both the banks and the authorities.’

‘Christina Faitakis is outstanding in banking matters. She has deep knowledge of the law, market practices and the structure of all Greek banks. Alexandra Kondyli is very strong in capital markets issues – one can always depend on her for a solid and accurate answer.’

‘Alexander Metallinos has a deep overall understanding of legal matters, enabling him to come up with innovative solutions to address complex legal issues.’

‘Expertise in all aspects of banking and finance. Market leaders in the field. Especially recommended for transactions of a large size and complexity, as well as for innovative, unprecedented Tier 1 legal services.’

‘Excellent and creative ideas combined with a pragmatic approach that really differentiates them from other legal firms.’

‘Vast expertise and top-notch knowledge of the Greek market. A commercial approach that makes a huge difference when executing deals. Outstanding relationships with the relevant authorities. Great interpersonal skills. It is a pleasure working with them.’

‘The quality of the service provided by the firm is second to none and this applies across seniority levels: they have top-quality, extremely knowledgeable and accessible partners, supported by a hardworking, deep bench, resulting in a well-rounded team and robust legal knowledge across all sectors of the Greek economy.’

‘The team is knowledgeable and has an all-round view of our company’s activities and history, hence it is very good at assessing the impact of financial and capital markets transactions on all aspects of the company.’

Key clients

Goldman Sachs International

National Bank of Greece S.A.

Piraeus Bank S.A.

UniCredit Bank AG

Deutsche Bank AG

DoValue SpA

Dromeus Capital Partners

Eurobank Ergasias Services and Holdings S.A.

Eurobank S.A.

Pharmathen Group

Athens International Airport

Lamda Prime Properties S.A.

Lamda Olympia Village S.M.S.A.

Lamda Development S.A

Work highlights

  • Advised Eurobank SA on Project Mexico, its milestone multi-asset securitisation of NPEs with a gross book value of €3.1bn, aimed at reducing its NPE ratio to a single digit number.
  • Advised the National Bank of Greece on a two-stage auction process for the securitisation of receivables of non-performing mortgages and loans granted to large corporates and SMEs, primarily secured with total estimated exposure of approximately €7bn.
  • Advised SAZKA Group on the Greek law aspects of a €640m senior secured loan facility from a consortium of Czech and international lenders, including the related intercreditor agreement and the Greek law security documents.

Koutalidis Law Firm

Koutalidis Law Firm has ‘a very experienced team with great availability‘, which handles a wide range of complex transactions in the financial sphere, including leveraged buyouts, NPL portfolio sales and securitisations. The team is particularly active in project finance, advising on project structuring, project and financial documentation, security packages, due diligence and related licensing matters. The firm also stands out for its capital markets practice, which has participated in pioneering transactions including the latest recapitalisation of Greek banks. Other areas of expertise include IPOs, rights offerings and tender offers involving listed, private and state-controlled entities. Managing partner Nikos Koritsas co-heads the practice with Katia Protopapa. Project finance specialist Ioannis Kaptanis and Effie Papoutsi, who focuses on corporate finance, are also noted.

Practice head(s):

Nikos Koritsas; Katia Protopapa

Other key lawyers:

Ioannis Kaptanis; Effie Papoutsi; Chrysanthi Karlou; Dimitris Kalyvas; Ioanna Sereti

Testimonials

‘This is a team with a unique approach to its clients, as they take the approach of a business partner. Strong commitment and high levels of delivery.’

‘Effie Papoutsi and Ioannis Kaptanis stand out for their practical and clear advice.’

‘Very experienced team with great availability that is eager to help resolve the business issues at stake.’

‘Nikos Koritsas and Effie Papoutsi are very experienced and keen to address the client’s business needs. Very good knowledge of the sector.’

‘Excellent collaboration and support.’

Key clients

National Bank of Greece S.A.

Piraeus Bank S.A., and its subsidiaries Piraeus Leasing S.A. and Piraeus Leases S.A.

Alpha Bank S.A. and Alpha Services and Holdings S.A.

Eurobank S.A.

Attica Bank S.A.

HSBC France (Athens Branch)

Elliott Advisors (UK) Limited and its Italian subsidiary Credito Fondiario S.p.A.

Aktor Concessions S.A. and Development of New Alimos Marina Concession Single Member S.A.

Fraport Greece

Aegean Motorway S.A.

HOCHTIEF

ABN AMRO Bank N.V.

Coöperatieve Rabobank U.A.

ING Bank N.V.

ABN AMRO Asset Based Finance N.V.

Rabo Factoring B.V.

ING Commercial Finance B.V.

GMR Airports Limited

Costamare

Intrum Group

PQH Single Special Liquidation S.A.

Work highlights

  • Advised Alpha Services and Holdings S.A. on a share capital increase amounting to €800m through payment in cash, the abolition of the pre-emption rights of existing shareholders, and the issuance of new common, registered, voting, dematerialised shares.
  • Advised Alpha Bank in relation to its hive-down process by way of a spin-off and the establishment of a new banking entity.
  • Advised Aktor Concessions S.A. and Development of New Alimos Marina Concession Single Member S.A. on obtaining the concession of Alimos Marina, one of the largest marinas in Greece, and on the project financing provided by Alpha Bank for an amount of up to €88.5m.

POTAMITISVEKRIS

The team at POTAMITISVEKRIS has a strong reputation among Greek and foreign clients, including commercial and investment banking institutions, as well as private equity funds, hedge funds and borrowers. It advises on qualifying holding acquisitions, compliance in bank-related M&A, and the restructuring of loans. The team also has expertise in capital markets matters, including tender offers, the listing of securities and fund management. Co-managing partner George Bersis leads the team and has vast experience of advising on IPOs, share capital increases, derivatives transactions and syndicated loans. Other key practitioners include ‘very experienced‘ managing partner Stathis Potamitis, who has particular expertise in restructurings, and associates Eleni Karaboiki, a specialist in leveraged and corporate acquisition finance, and Anthea Terlegas.

Practice head(s):

George Bersis

Other key lawyers:

Stathis Potamitis; Euripides Ioannou; Vassilis Stergiou; Anthea Terlegas; Eleni Karaboiki; Maria Perifanou

Testimonials

‘PotamitisVerkis provides legal services at the highest level of quality. It successfully combines excellent legal expertise with exceptional practical efficiency.’

‘Apart from its high-level qualifications, this practice excels in having the ability to gauge the client’s needs and give advice that takes into account the business point of view.’

‘Business-orientated professionals who are committed, hands on and well connected in the local market, and have high ethical standards.’

‘The firm’s lawyers and partners are readily available to offer advice and discuss solutions. Stathis Potamitis in particular is very experienced in this area.’

‘Great expertise in acquisition financing, commercial real estate and hotel financing. Prompt and to-the-point service. Excellent collaboration with in-house lawyers. Highly experienced in complex transactions with international aspects.’

‘George Bersis has great experience and expertise in very complex financing transactions and acquisitions, combining great academic qualities and a commercial focus.’

‘Very knowledgeable, hardworking and meticulous. Efficient, timely delivery. It is the most organised practice I know of. Very well diversified, with lawyers who have suitable skills for many industries.’

‘Euripides Ioannou is an exceptional banking and finance expert. Not only does he understand the needs of the client, but he also shows a unique passion for exploring the matter in depth and comes up with the best options, investigating all aspects of the matter and the possible alternatives.’

Key clients

Alpha Bank

Piraeus Bank

National Bank of Greece

Fairfax Financial Holdings

Bank of Cyprus

PQH

Hellenic Development Bank

Euroxx

Eurobank

AMC Oak SARL

Praxia Bank

Citibank

Deca Investments Alternative Investment Fund

Terna Energy S.A.

Aegean Airlines S.A.

Gek Terna S.A.

Newsphone Hellas S.A.

Work highlights

  • Advised a systemic bank on the restructuring of its leasing subsidiaries, structuring the transaction as a combined corporate demerger through the sector hive-down of leasing companies and the establishment of a new company which will take on the NPL leasing portfolios of the leasing entities.
  • Advised Hines US LLC and Henderson Park on the €125m acquisition of Cretan luxury resort Out of The Blue Capsis Elite Resort.
  • Advised Aegean Airlines on a complex multi-level transaction involving the grant of €125m in government support and the issuance of warrants convertible into shares to the Greek state, a €60m rights issue, the granting of a waiver by the bondholders of its listed bond on the Athens Exchange and obtaining banking loans exceeding €130m.

Zepos & Yannopoulos

Zepos & Yannopoulos‘ sizeable team is noted for its ‘pioneering, in-depth knowledge’ of finance and capital markets matters, advising on debt capital markets transactions, NPLs, financial restructurings and the regulation of financial institutions. The team has particular strength in securitisations; recent notable highlights include advising JP Morgan on a securitisation originated by power utility PPC, the first of its kind in the Greek market. The 'business-mindedChristina Papanikolopoulou leads the practice, focusing primarily on structured finance and cross-border transactions. Elena Papachristou is also recommended for her experience in advising on initial and secondary public offerings and takeover bids and funds-related matters.

Practice head(s):

Christina Papanikolopoulou

Other key lawyers:

Elena Papachristou; Mary Nigritinou; Paris Tzoumas; Kitty Fragalexi

Testimonials

‘A very strong securitisation practice. Great support in securitisation transactions with profound knowledge of the market.’

‘Christina Papanikolopoulou is business-minded, available at all times, keen to find solutions and pursues the outcome that is requested. She is willing to take a flexible approach.’

‘Pioneering, in-depth knowledge of a wide range of fields of law and more specifically of banking, finance and capital markets matters. Business oriented in the provision of legal advice. Prompt and timely delivery of services, with regular updates. Billing is transparent and easy to understand. Available, responsive, friendly and pleasant to work with.’

‘On-time execution, deep understanding of the law and a solid knowledge of market practices are the main strengths of the Zepos & Yannopoulos banking team.’

‘Kitty Fragalexi has exhibited a professional attitude throughout our collaboration. Through her excellent legal arguments we were able to gain significant concessions in our particular case.’

‘The Zepos & Yannopoulos team is very dynamic and willing to find new solutions to problems. It is the market leader in domestic securitisations.’

Key clients

Alpha Bank

JP Morgan Chase

Bain Capital Credit LP

LMEY Investments AG

Piraeus Bank S.A

National Bank of Greece

Forthnet S.A.

Intrum Justitia AB

Intrum Investments Greece and Intrum Hellas loan servicing company

Brooklane Capital

Attica Bank

CarVal Investors

Eurobank S.A.

Public Power Corporation S.A.

Work highlights

  • Advised Alpha Bank, as the originator, on a €12bn NPL securitisation (Project Galaxy), the largest such transaction in Greece.
  • Advised JP Morgan, in its capacity as investor, on the power contract receivables securitisation originated by PPC S.A. for funding of up to €200m (Project Energia), the first utilities securitisation in Greece.
  • Advised PPC S.A., in its capacity as issuer, on its inaugural international offering of €650m 3.875% sustainability-linked senior notes due 2026.

AKL Law Firm

AKL Law Firm is noted for its expertise in corporate finance, real estate finance and project finance, with experience handling both domestic and cross-border transactions. The team counts the four Greek systemic banks among its clients, and among other highlights, managing partner and practice head Alexandros Kosmopoulos is acting as the lead adviser to Eurobank on the financing of the Hellinikon Project, set to be the largest urban regeneration project in Europe. George Zohios is another notable member of the team.

Practice head(s):

Alexandros Kosmopoulos

Other key lawyers:

George Zohios; Kostas Fatsis; George Athanassiou

Key clients

Piraeus Bank S.A.

Eurobank Ergasias S.A.

Alpha Bank S.A.

National Bank of Greece S.A.

NBG Pangaea REIC

Work highlights

  • Advised Eurobank, in its capacity as global coordinator, on the financing of the €1.5bn Hellinikon Project, the largest urban regeneration project in Europe.
  • Advised DDM Group as the noteholder on the securitisation of Attica Bank’s Greek NPLs, with an outstanding balance of approximately €1.3bn, as part of the restructuring of the Artemis Project bonds.
  • Advised the National Bank of Greece, in its capacity as arranger, agent and lender, with regard to a €150m working capital facility structured as a bond loan provided to Mytilineos S.A.

Lambadarios Law Firm

Lambadarios Law Firm offers a wide range of advice on finance and capital markets matters, with a particular focus on project and acquisition finance, NPLs, and transactional and regulatory capital markets work. The ‘very strong‘ team advises domestic and international clients on all aspects of financing, as well as enforcement and reorganisations. Managing partner Constantinos Lambadarios heads the team alongside Prokopis Dimitriadis, who leads the banking and international finance group, Yannis Kourniotis, an expert in project finance, and Kostas Botopoulos, who leads the capital markets and banking departments. The arrival of project and structured finance specialist Konstantina Siozou, who joined the partnership from Watson Farley & Williams – Greek Branch in March 2021, has further strengthened the practice.

Practice head(s):

Constantinos Lambadarios; Prokopis Dimitriadis; Yannis Kourniotis; Kostas Botopoulos

Other key lawyers:

Katerina Gini; Konstantina Siozou; Melina Katsimi

Testimonials

‘The team is knowledgeable and always available to provide answers to our questions. They also price their services very reasonably.’

‘I would highly recommend Prokopis Dimitriadis for his attention to detail, availability and problem-solving mindset.’

‘Lambadarios Law Firm is distinguished by its immediate availability, cooperation and consistency. Kostas Botopoulos and Melina Katsimi deserve special mention.’

‘Very strong team. Skilful lawyers. Impressive results.’

‘The team stands out for its knowledge of capital markets matters in Greece. They have dealt with all the major institutions and represented most major foreign investors.’

‘I seldom find myself pleasantly surprised by any law firm; Lambadarios was an exception. I was impressed by their legal acumen, strategic thinking, continuous energy, perfect team coordination, personal attention to every minute detail and, above all, their passion and work ethic. It is a rare pleasure to work with legal teams of this calibre.’

‘Constantinos Lambadarios and Prokopis Dimitriadis possess rare qualities like dedication, superior brainpower and deep legal knowledge, which coupled with their exceptional sense of humour is what makes these fine professionals stand out from the legal crowd.’

Key clients

Piraeus Bank

Alpha Bank

National Bank of Greece

Eurobank

Black Sea Trade & Development Bank

Hines

Greek State

Intrakat

GEK Terna

Work highlights

  • Advised the Greek systemic banks on the four bilateral bond loans and RCF funding sought by Aegean Airlines under the auspices of the Greek government’s Covid-19 Enterprise Guarantee Fund.
  • Advised Piraeus Bank on its disposal of multiple NPL portfolios to third-party investors.
  • Advised the Greek systemic banks on the €700m expansion of the National Natural Gas Grid by the Hellenic Gas Transmission System Operator.

Norton Rose Fulbright

With ‘the ability to provide both Greek and English law opinions, Norton Rose Fulbright offers a comprehensive service in banking, finance and capital markets matters. The team advises clients on both domestic and cross-border financings, collaborating with its banking lawyers from offices across the globe, including in Australia, Central Asia and Latin America. The practice is led by Dimitri Sofianopoulos, who is noted for his experience in asset finance and international capital markets transactions. Yianni Cheilas, who divides his time between the London and Athens offices, is also recommended, with expertise in international financial transactions, bond issuances, the sale of loan portfolios and securitisations.

Practice head(s):

Dimitri Sofianopoulos

Other key lawyers:

Yianni Cheilas; Vassilis Koroxenidis; Dimitris Rampos; Giannis Koukoulakis; Georgios Palogos; Sergios Karotsieris

Testimonials

‘The firm has the ability to provide both Greek and English law opinions for very competitive fees. Excellent and in-depth knowledge of banking and finance law.’

‘Dimitris Rampos, Vassilis Koroxenidis and Sergios Karotsieris are highly skilled professionals.’

‘Very good knowledge of banking and finance law in the Greek market.’

‘Excellent collaboration and deep knowledge.’

Key clients

Alpha Bank A.E.

Elpedison S.A.

European Bank for Reconstruction and Development (EBRD)

Eurobank Ergasias S.A.

European Investment Bank

National Bank of Greece S.A.

Piraeus Bank S.A.

PPC Renewables S.A.

Citigroup

DNB NOR Bank

Nordea Bank Finland plc

Deutsche Bank

KfW

ING Bank N.V.

Papapolitis & Papapolitis

Papapolitis & Papapolitis is known for its ‘wide range of expertise’ in the banking, finance and capital markets space, with notable strength in debt capital markets, advising both lenders and initial purchasers on high-profile recent transactions. Nicholas Papapolitis is recognised for his experience in significant international finance, capital markets transactions and privatisations. He leads the practice alongside Nikolas Katsaros, who advises on cross-border asset and project finance, public offerings and rights issuances, acting primarily for foreign banks and institutional investors.

Practice head(s):

Nikolas Katsaros; Nicholas Papapolitis

Other key lawyers:

Maria Karabella; Erna Kritikou; Anna Pavlaki; Christina Apsokardou; Antonia Rountou

Testimonials

‘Wide range of expertise, great client-centric approach and flexibility.’

‘Great network of contacts, and the ability to tap into resources and combine them for an optimal result.’

‘Excellent market knowledge. All the practitioners are well rounded, thoughtful and commercial.’

‘Nikolas Katsaros is very helpful and knowledgeable, understands the dynamics of the transaction, and is flexible and creative even when dealing with novel situations.’

‘Nicholas Papapolitis is an excellent and well-rounded lawyer.’

‘Strong team with deep knowledge of finance and an understanding of client needs. Always available.’

‘Maria Karabella is very knowledgeable and commercial.’

‘Very commercial practice.’

Key clients

Goldman Sachs International

J.P. Morgan Securities Plc.

Citigroup Global Markets Limited

Nomura International Plc.

HSBC Bank Plc.

Piraeus Bank S.A.

Morgan Stanley & Co. International Plc.

Alpha Bank S.A.

Eurobank Ergasias S.A.

Fortress Investment Group

National Bank of Greece S.A.

United Group

BC Partners

Credit Suisse Securities AG

Medio Banca S.p.A.

Axia Ventures Group

Barclays

Unicredit

Work highlights

  • Advised a consortium of banks on doValue’s issuance of €265m senior secured notes to finance the acquisition of Greek servicing company FPS.
  • Advised a consortium of banks on Mytilineos S.A.’s debut green bond offering of €500m 2.25% senior notes due 2026.
  • Advised United Group (owned by BC Partners) on the acquisition of listed shares, convertible bond loans and senior secured debt in Forthnet S.A. from Piraeus Bank, the National Bank of Greece, Alpha Bank and Attica Bank for €350m.

Platis – Anastassiadis & Associates Law Partnership

Platis – Anastassiadis & Associates Law Partnership covers the full spectrum of banking and finance law, advising the four Greek systemic banks as well as a variety of high-profile international financial institutions. The team stands out for its ‘excellent legal knowledge and people‘, advising on banking regulation, collateral and securities, loan sales and acquisition finance, bonds, stock exchange compliance and structured finance. In addition, the firm can draw on the additional resources afforded by its membership of the EY network. Managing partner Eirinikos Platis acts for key clients in the industry, including the European Bank for Reconstruction and Development and the World Bank Group. He co-heads the practice with senior manager Vassileios Mavrommatis, whose expertise lies in bond loan issues, securitisations and regulatory compliance.

Practice head(s):

Eirinikos Platis; Vassileios Mavrommatis

Other key lawyers:

Alexandra Balta; George Kodelas; Angeliki Antonopoulou

Testimonials

‘Excellent understanding of client needs. Excellent legal knowledge and people.’

‘George Kodelas has very sound knowledge of Greek law and norms and is easy to work with. Angeliki Antonopoulou is a good coordinator.’

‘Eirinikos Platis and his team demonstrated professionalism, knowledge and experience.’

‘Platis Anastassiadis & Associates Law Partnership presented and delivered an excellent legal strategy.’

‘The team is familiar with technology and virtual contacts and there was no impediment to the provision of legal services during the Covid-19 pandemic.’

‘The whole team, but especially Alexandra Balta, builds strong client relationships. They are always willing to listen to clients’ needs and offer customised services.’

Key clients

European Bank for Reconstruction and Development (EBRD)

Hamburg Commercial Bank AG

Piraeus Bank S.A.

Viva Payment Services S.A.

Dixons – South East Europe S.A.

Saplegal - A.S. Papadimitriou & Partners Law Firm

Saplegal – A.S. Papadimitriou & Partners Law Firm‘s ‘highly respected‘ team is particularly active in NPL portfolio transactions, advising both buyers and sellers. In addition, the team frequently assists with complex loan restructurings. The ‘excellent‘ Thenia Panagopoulou heads the practice; she is noted for her expertise in corporate finance, debt restructurings and NPL portfolio transfers. Senior associate Stergios Frastanlis is another key contact with experience of advising on financial restructuring schemes and the sale of NPLs.

Practice head(s):

Thenia Panagopoulou

Other key lawyers:

Stergios Frastanlis; Eleni Likou; Katerina Paschou

Testimonials

‘The firm is a good business partner. The team is reliable, with a commercial and practical approach.’

‘Very good team that is knowledgeable, easy to communicate with and practical.’

‘One of the best teams we have worked with. Always accessible, flexible in finding and proposing solutions to difficult problems and highly collaborative when needed.’

‘Highly experienced when it comes to working with the banking sector and willing to work overtime to meet the deadlines set. Thenia Panagopoulou and Stergios Fastralis in particular proved excellent, providing the appropriate legal support.’

‘Saplegal – A.S. Papadimitriou & Partners Law Firm has a strong banking and finance practice. The team is experienced and responsive, providing excellent hands-on partner involvement and associate support.’

‘Thenia Panagopoulou is an excellent lawyer with solid expertise. She is extremely committed and responsive, always providing practical and sound advice.’

‘A law firm which is highly respected by the market for its experience in complex financing transactions and its level of service and quality of work, and a hub that develops great individual lawyers, with a good perception of the market. It also has a very reasonable fee policy compared to other firms of similar prestige.’

‘We were particularly impressed by Thenia Panagopoulou, who has been the lead lawyer on the transaction. Thenia takes the time to understand the client’s needs. She is an excellent lawyer. Her extensive experience, sharp mind, speed of responses, and clarity of advice are consistent characteristics of her work.’

Key clients

Eurobank S.A.

Piraeus Bank S.A.

SMERemediumCap Fund

Avramar Group

Neuropublic S.A.

Work highlights

  • Advised Eurobank and Piraeus Bank in relation to the sales of individual non-performing secured business loans.
  • Advised SMERemediumCap Fund in relation to the acquisition of distressed loan portfolios.

Watson Farley & Williams – Greek Branch

Watson Farley & Williams – Greek Branch is known for its ability to handle both Greek and English law matters and for the ‘depth and breadth of its knowledge‘ in finance and capital markets. The team has expertise in asset and project finance, with particular strength in the maritime and aviation and energy and infrastructure spaces, respectively. In addition, the practice handles NPL portfolio transactions and banking regulatory issues. Project and structured finance specialist Nikolaos Kostikas heads the practice alongside Marisetta Marcopoulou and Athens office head George Paleokrassas, who focuses on asset finance.

Practice head(s):

Nikolaos Kostikas; Marisetta Marcopoulou; George Paleokrassas

Other key lawyers:

Alexia Hatzimichalis; Alexandros Damianidis; Virginia Murray; Alexandra Michalopoulos; Marsila Karpida

Testimonials

‘This law firm offers a significantly high level of service in terms of response time, business acumen, industry knowledge, appropriateness of advice, strength-in-depth of team and value for money. The depth and breadth of its knowledge ensures that the team is able to support every client’s business needs successfully and provide high-quality, innovative legal solutions in the increasingly complex area of legislation and practice.’

‘Nikolaos Kostikas is an excellent legal adviser with numerous strengths, including good judgement, analytical skills, creativity, perseverance and commitment.’

‘They have thorough knowledge, are committed to timely delivery and efficiently respond to any side matters that need to be addressed (such as corporate or regulatory issues).’

‘They are persistent, determined and composed during negotiations, while maintaining a respectful attitude towards the counterparties.’

‘Their advice and responses are always very prompt and to the point, supported by their experience and expertise. Billing is very transparent and they always provide a cost breakdown.’

‘We highly appreciated the swift and to-the-point advice from Marisetta Marcopoulou, who has good knowledge and extensive expertise in Greek law, and the associates.’

Key clients

BNP Paribas

HCOB

EBRD

National Bank of Greece

RBS

CACIB

Alpha Bank

HSBC Greece

Piraeus Bank

ING Bank N.V.

Work highlights

  • Advised the European Bank for Reconstruction and Development on a senior unsecured loan facility of up to €160m provided to Public Power Corporation S.A.
  • Advised ING Bank N.V., London Branch in relation to a $260.61m facility provided to Capital Gas LLC for the post-delivery financing of two liquefied natural gas carriers under construction at Hyundai Heavy Industries Co. Ltd. in South Korea.
  • Advised Hamburg Commercial Bank AG in relation to a facility of up to $64.2m to provide part-financing for the acquisition of six Post-Panamax container vessels from Maersk A/S.

Your Legal Partners

Your Legal Partners, the exclusive Greek member of Ally Law, a group of independent law firms covering numerous jurisdictions, stands out for its experience in project finance, financial restructurings and NPL acquisitions. The team has been active in advising on the financing of several landmark Greek projects, including acting as co-counsel to Eurobank and Piraeus Bank on the investment phase of the Hellinikon Project, a major urban regeneration development. 'Brilliant expertKaterina Christodoulou has a strong reputation in the financing of infrastructure projects, securitisations and bond transactions. She co-heads the team with Katerina Politopoulou, an expert in project finance.

Practice head(s):

Katerina Christodoulou; Katerina Politopoulou

Other key lawyers:

Prokopis Linardos; Fotini Mavrikaki

Testimonials

‘Excellent legal knowledge and business acumen, consistent feedback, fair billing and prompt responses.’

‘They have a straightforward approach. They are good listeners and are determined to deal with legal issues in the best way for their client, showing flexibility in bridging parties’ different views, based on their knowledge and experience, with the aim of establishing a sound outcome.’

‘I value the spirit of determination that they have as a key factor in their commitment to timely delivery and high-quality services.’

‘The team stand out for their expertise in structured finance and respective legal due diligence, and for their hard work, promptness and efficiency. They listen to the client’s needs and offer personalised services of a high quality.’

‘Katerina Christodoulou is a brilliant expert in this field, with analytical and drafting skills. Prokopis Linardos has impressed us with his knowledge and experience.’

Key clients

Black Sea Trade and Development Bank

National Bank of Greece SA

Piraeus Bank SA

Eurobank SA

Alpha Bank SA

FCE Bank plc

H.I.G Capital

Sterner Stenhus Group

EOS Group

Mirova

B2Kapital

Work highlights

  • Advised Eurobank and Piraeus Bank, as the mandated lead arrangers, on the complex €347m financing of the acquisition of 100% of the shares in Hellinikon S.A. by Lamda Development S.A.
  • Advised Deutsche Bank AG and Alantra Corporate Advisors International Limited on the disposal by Alpha Bank of a mixed NPE portfolio of €10.81bn, primarily via securitisation.
  • Advised Alpha Bank, as the lender, on the financing of the investment plan of the reconstruction of Piraeus Tower, Greece’s second tallest building.

Dryllerakis & Associates

Emmanuel Dryllerakis leads the practice at Dryllerakis & Associates, which specialises in complex bond loans, NPL transactions, and matters relating to virtual and fiat currencies. As a member of the TerraLex network of international law firms, the firm is also able to advise on multi-jurisdictional matters. Dryllerakis is described by clients as an 'excellent business partner' and has extensive experience of advising on privatisations, restructurings, and corporate and project finance.

Practice head(s):

Emmanuel Dryllerakis

Other key lawyers:

John Dryllerakis; Stella Yannika; Smaragda Athanasakou; Themelis Zamparas; Leonidas Kastrinakis

Testimonials

‘Excellent ongoing relationship with very smooth collaboration, seamless follow-up and very competitive billing.’

‘Emmanuel Dryllerakis is an excellent business partner – he is business oriented and a good communicator.’

‘Themelis Zambaras has been handling all procedural transaction issues for us over the last few years and he is very professional, very reliable and hardworking, and easy to work with.’

Key clients

Belterra Investments Ltd

Hellenic Petroleum S.A.

Lampsa Hellenic Hotels S.A.

Loulis Mills S.A.

Thessaloniki Port Authority S.A.

VFA Hub S.A.

Worldline S.A.

Work highlights

  • Advised Worldline S.A., a payment processing services company, on the acquisition of Cardlink S.A. (and its affiliate Cardlink One S.A.).
  • Advised Thessaloniki Port Authority S.A. on the mandatory takeover bid by Cyprus-based Belterra Investments Ltd for the acquisition of 33% of the shares in the company.
  • Advised three major hotel groups on the restructuring of loans and other credit lines due to Covid-19.

KLC Law Firm

KLC Law Firm has a growing transactional practice, handling mandates for international and local financial institutions, corporate borrowers and rating agencies. In addition, the team draws on the firm's disputes, energy, hospitality and other departments to offer further services to clients. 'Excellent' managing partner Panagiotis Tzioumas leads the team, and is noted for his extensive experience in project finance, debt restructuring, NPL transactions and the implementation of EU financial instruments.

Practice head(s):

Panagiotis Tzioumas

Other key lawyers:

Arianna Chatzimarkou; Panagiotis Krystallis

Testimonials

‘Vey knowledgeable and competent professionals with a practical approach to resolving commercial and legal issues.’

‘An efficient and hardworking team of transactional lawyers, providing proper and accurate legal advice and well-articulated deliverables.’

‘Panagiotis Tzioumas has an understanding of complicated global legal issues and is in a position to identify the material aspects of a matter and recommend the best available course of action. Panagiotis Krystallis is always responsive and diligent. Arianna Chatzimarkou is a young and dynamic member of the team.’

‘Well prepared and come up with innovative proposals during negotiations with financial institutions. Very good approach to counterparties’ legal advisers and ready to lead negotiations while also being very capable of dealing with delicate issues.’

‘Arianna Chatzimarkou is very professional and calm and always very well prepared. She knows her stuff and plays a great role in supporting Panagiotis Tzioumas during negotiations. She has excellent drafting skills.’

‘Panagiotis Tzioumas makes himself available at short notice in urgent cases. He is an excellent lawyer, combining high-quality legal skills, business acumen and negotiating skills, and ensures the quality of his team’s deliverables.’

‘Arianna Chatzimarkou is an excellent young lawyer, providing accurate and reliable legal advice.’

‘What is useful for us, as clients, is that the firm works through small teams of two or three lawyers, which results in all team members being up to date with developments on the case, irrespective of their core competencies. This also caters for immediacy in response and a proper flow of feedback between the firm and the client.’

Key clients

European Investment Bank (EIB)

Hellenic Financial Stability Fund (HFSF)

DBRS Morningstar

National Energy Holdings Limited

Ministry of Finance – Recovery and Resilience Fund

Grivalia Hospitality SA

Work highlights

  • Advising the European Investment Bank in relation to the implementation of EU financial instruments in Greece and Cyprus, including the Greek law aspects of the European Commission’s temporary framework for state aid measures to support the economy during the Covid-19 pandemic.
  • Advised the Greek Ministry of Finance and the Recovery and Resilience Facility Agency on the statutory and contractual framework for the channeling of RRF funds to eligible projects and investments through commercial banks by way of loan facilities and the procurement of co-financing from private sources.
  • Advised DBRS Morningstar on Greek law matters relating to the rating of 15 NPL-backed securitisation transactions launched by local systemic banks.

Moratis Passas Law Firm

The team at Moratis Passas Law Firm is comprised of ‘highly capable and experienced‘ lawyers who cover a range of banking, finance and related regulatory matters. The practice advises both local and foreign financial institutions, handling syndicated loans, the enforcement of securities, factoring and leasing transactions, and international trade finance, including cross-border matters. The practice is led by managing partner Dimitris Passas and Vassilis Saliaris, who has 'expert knowledge' of securitisations, covered bond programmes and NPL matters.

Practice head(s):

Dimitris Passas; Vassilis Saliaris

Other key lawyers:

Mantha Varela; Christiana Koliofoti; Nikos Syrmas; Maria Androulaki; Andreas Chasiotis

Testimonials

‘The team comprises highly experienced and efficient professionals. They have appointed one partner for us who co-ordinates all issues relating to our company. We rely on them for most of our company’s legal needs in Greece.’

‘Nikos Syrmas is always available for a telephone call and responds promptly to email queries. His opinion is clear and highly respected by our company.’

‘Vassilis Saliaris has an expert knowledge of the Greek banking and financial services market and the relevant legislation. Vassilis is very a smart lawyer, who is quick at understanding client needs and coming up with tangible solutions.’

‘A highly capable and experienced team. They enjoy an excellent reputation, coupled with their ability to handle the most complex cases, often involving multiple participants and jurisdictions.’

‘Their legal work is always top quality and they have the resources to successfully support both high-profile cases and bespoke transactions.’

‘Dimitris Passas’ insight, knowledge and experience are paralleled by an outstanding track record and impeccable work ethic.’

‘The team has a deep knowledge of a variety of complex legal matters and is always willing to work on challenging projects in order to provide tailor-made services.’

‘Nikos Syrmas and Vassilis Saliaris are very experienced, have a great response time, are always to the point, keep to deadlines, and respect the needs and demands of their clients.’

Key clients

Alpha Bank

Citibank Europe Plc

Citigroup Global Markets Limited

Eurobank Financial Planning Service (FPS)

doValue Hellas SA

New SIA Greece SA (formerly First Data Hellas)

UCI Greece

Santander Consumer Finance S.A

Attica Bank

Piraeus Bank

Eurobank Ergasias

Vivabank (formerly Praxia Bank)

Cyprus Popular Bank Public Co Ltd

Davidson Kempner European Partners LLP

Clifford Chance LLP

Work highlights

  • Advised Piraeus Bank in relation to the Hellenic Asset Protection Scheme securitisation transaction Sunrise I, involving a retail and corporate NPE portfolio of €7.2bn.
  • Advised Davidson Kempner European Partners LLP on the acquisition of 80% of Alpha Bank’s loan servicing subsidiary, Cepal Holdings Single Member S.A., and the purchase of 51% of the mezzanine and junior notes of each of the four securitisations comprising Project Galaxy.
  • Acted as Greek legal counsel to UBS Europe SE, as arranger, in relation to the securitisation of Piraeus Bank’s Phoenix portfolio of NPL receivables with a gross book value of €2bn, which took place through the issue by the SPV of senior, mezzanine and junior notes.

Politis & Partners

Politis & Partners has extensive experience in financial and capital markets transactions, acting for borrowers, issuers and sellers. The team handles a multitude of matters, including asset-based financings, securitisations, acquisition and highly leveraged financings, project financings; and restructurings and recapitalisations. Managing partner Vangelis Politis, whose areas of expertise span sovereign and syndicated loans, project and shipping finance, and IPOs, heads the team alongside 'business-oriented' senior associates Emmanouil Savoidakis and Nikos Anastopoulos.

Practice head(s):

Vangelis Politis; Emmanouil Savoidakis; Nikos Anastopoulos

Other key lawyers:

Dimitra Rossopoulou; Aggeliki Saratsi

Testimonials

‘Politis & Partners’ has a strong banking, finance and capital markets team with good knowledge of the market, a hands-on approach and a business-oriented perspective.’

‘Vangelis Politis has practical experience and the ability to analyse legal matters and reach solutions easily.’

‘This practice is characterised by its professionalism, academic skills and ability to fully co-operate with the in-house team.’

‘Vangelis Politis is an experienced lawyer. He has analytical skills and the ability to detect the key issues in a transaction. Nikos Anastopoulos is hardworking and efficient. He works well with the team and has excellent communication skills.’

‘As we have worked together over the last few years, the team has demonstrated remarkable transactional and business expertise, combined with quick response times, even under time pressure, and well-founded and precise advice. This is a close-knit team offering a high quality of service at reasonable legal fees. Last but not least, Politis and Partners were quick to adapt to the challenges posed by the pandemic.’

‘Vangelis Politis, Nikos Anastopoulos and Emmanouil Savoidakis are very business oriented and know when to push on a point and when to pull back. They work well in an international environment, and have an excellent reputation and a good network with foreign law firms.’

Key clients

Eurobank S.A.

NetData Inc.

SPI Energy Co. Ltd (SPI)

Bosch Rexroth Group

Sun Chemical Group

V+O Communication & Consulting S.A.

Eurobank Leasing

Survey Digital

Tricardos S.A.

Work highlights

  • Advised Netdata in its new round of financing totaling $14.2m, led by Bessemer Venture Partners, with participation from existing investors Bain Capital Ventures and Uncorrelated Ventures.
  • Advised SPI, a Nasdaq-listed company, on the financing, acquisition and sale of various photovoltaic power projects throughout Greece.
  • Advised Eurobank in connection with the restructuring of bond loans and securities provided by Andromeda Group, which recently acquired the majority stakes in Nireus SA and Selonda SA.

Tsibanoulis & Partners

Tsibanoulis & Partners‘ practice encompasses regulatory issues, syndicated loans and bond loans, leasing and cross-border lending transactions, securitisations, and debt restructurings. Its wide-ranging client base includes international and domestic financial institutions and corporations. The practice is led by the 'excellentDimitris Tsibanoulis, who has significant expertise in the application of national and European regulatory frameworks, with significant experience of acting as lead adviser to the government. Senior associate Sofia Kizantidi is also noted.

Practice head(s):

Dimitris Tsibanoulis

Other key lawyers:

Anna Apostolaki; Emmanouil Komis; Aristeidis Goulandris;  Sofia Kizantidi; Kanellos Klamaris

Testimonials

‘Dimitris Tsibanoulis is an excellent colleague and an expert in technical legal matters. His work has excellent results. He works well with the team and is trustworthy.’

‘Experienced and knowledgeable team.’

‘Approachable, with good response times and deep involvement in the client’s case.’

‘They have a deep knowledge of the law, understanding of our business needs and industry expertise. They deliver high-quality work and cover all the issues that arise in a timely and efficient manner. We feel that they deliver solutions and results.’

‘Anna Apostolaki has long experience in advising on financial issues. She has very good legal skills, availability and business sense. She is responsive to the client’s needs and she works efficiently.’

‘The team consists of people with different specialties and experience. They react quickly and try to get to know in detail the business aspects of any case. Their legal opinions are comprehensive, practical and easy to follow.’

‘Tsibanoulis & Partners has a long track record of successfully supporting leading corporations and financial institutions. This was the main reason why we chose this particular law firm as a partner for our very demanding projects. The co-operation with Tsibanoulis & Partners is excellent. Their legal services are distinguished by their high quality standards, efficiency, speed and good communication.’

‘The communication and collaboration with the team was excellent. They took the initiative and proposed creative solutions, alternatives and ways forward. Dimitris Tsibanoulis had in-depth knowledge of the matter and led the team in an exceptional manner. Kanellos Klamaris is efficient and very professional in his work.’

Key clients

BNP PARIBAS SECURITIES SERVICES S.A.

PROCREDIT BANK BULGARIA (Thessaloniki Branch)

ICAP S.A.

COFACE S.A.

DIAS PAYMENT SYSTEMS S.A.

AEGEAN BALTIC BANK

ANCORIA BANK

EUREX CLEANING AG

COOPERATIVE BANK OF CHANIA

AXIA VENTURES GROUP Ltd

EPIC INVESTMENT CORPORATION

PEGASUS SECURITIES S.A.

TRIPLE A EXPERTS S.A.

Work highlights

  • Advised ICAP on all legal issues associated with the assignment of credit ratings to securities issued within the framework of the securitisations of receivables by two Greek banks.
  • Advised the Thessaloniki branch of ProCredit Bank Bulgaria in respect of financial law, banking contracts, collaterals on the borrower’s real estate properties and the operation of the branch.
  • Advised COFACE SA in relation to the establishment of a Greek insurance undertaking and issues related to the branch’s operation.

Tsoukala and Partners Law Firm

Eleni Tsoukala heads the practice at Tsoukala and Partners Law Firm, which is singled out by clients for its 'depth and breadth of knowledge and expertise', particularly in cross-border financings, debt and equity capital markets transactions, and restructurings. The team regularly advises on substantial loan and bond agreements; recently, it assisted a major Greek construction company with the restructuring of a multimillion-euro bond loan agreement. Managing partner Tsoukala, who is dual qualified in Greece and England and Wales, is noted for her strength in capital markets, banking regulatory issues (including fintech), and NPL matters.

Practice head(s):

Eleni Tsoukala

Other key lawyers:

Ioanna Moumtzoglou; Dimitris Kogas

Testimonials

‘Eleni Tsoukala is an excellent lawyer. She is very responsive and able to navigate complex legislation and fact patterns well. The firm is far more responsive than many of its rivals.’

‘This is a team of truly brilliant minds with prior international experience that stays up to date with industry trends and key regulatory developments worldwide. The team is also extremely well connected with the authorities and regulators.’

‘Eleni Tsoukala is incredibly bright and knowledgeable and has decades of experience in traditional banking and financial services and in dealing with the Greek authorities and regulators.’

‘I really appreciate Eleni Tsoukala’s international outlook – she is dual-qualified in Greece and England and Wales, and draws on her prior City of London experience to advise on the most complex matters in a comprehensive and solution-oriented manner.’

‘Ioanna Moumtzoglou is exceptionally sharp and analytical, with the ability to grasp complex matters quickly and to provide pragmatic and business-minded advice. Her input on transactions is invaluable.’

‘Sofia Angelakou is always eager to assist and very professional. She also has a very constructive attitude.’

‘I cannot recommend the team enough. They never cease to impress me with their depth and breadth of knowledge and expertise in the banking and financial services sector (including fintech), their professionalism and their great business acumen.’

Key clients

Alpha Bank

Delivery Hero SE

Dentons

Sidley Austin

Bank of America Merrill Lynch

The Viohalco Group

The Olayan Group

Feld Entertainment Inc

Work highlights

  • Advised the majority shareholder of Chipita S.A. on the financial law related aspects of the sale of its business to Mondelēz International, Inc. for approximately $2bn.
  • Advised a leading Greek construction company on the restructuring of a multimillion-euro bond loan.
  • Advised a leading payment services institution on the provision of remittance services.

Avramopoulos & Partners

Avramopoulos & Partners‘ practice covers an array of matters, including private banking, tax issues, term loan agreements, credit facilities, syndicated loans, and the regulatory aspects of IPOs and new share offers on the Athens Stock Exchange. Athanassios Avgeros leads the practice; he is experienced in acquisition, asset and project finance and regulatory issues and is a longstanding adviser to the Greek Consignment Deposits and Loans Fund.

Practice head(s):

Athanassios Avgeros

Other key lawyers:

Barbara Angelopoulou; Yanna Antonopoulou; Vicky Kolintza; Vassilis Avramopoulos

Testimonials

‘I am happy with the work done, both in terms of quality and the speed of turning around advice.’

‘Good knowledge of the legal requirements and a practical mindset.’

Key clients

iTrade Global

Dexia Holdings Ltd

Work highlights

  • Advised Dexia Holdings Ltd on the licensing of its subsidiary as an investment services provider in Greece.

Bahas, Gramatidis & Partners

The practice at Bahas, Gramatidis & Partners stands out for its expertise in aviation finance, advising aircraft leasing companies and financial institutions. The team also handles project finance, syndicated loans, bond issues and NPL transactions. Marios Bahas advises on complex financial transactions and issues involving capital markets legislation. He co-heads the practice with managing partner Dimitris Emvalomenos. Senior associate Betty Smyrniou leads the aviation practice and is a key contact for aviation finance.

Practice head(s):

Marios Bahas; Dimitris Emvalomenos

Other key lawyers:

Betty Smyrniou; Popi Papantoniou; Maria Tranoudi; Nikolaos Stavroulakis; Eirini Panopoulou; Charilaos Agathos

Testimonials

‘Their aviation knowledge and client service is unbeatable.’

‘Betty Smyrniou is exceptional.’

‘Bahas, Gramatidis & Partners are very well established in their market and are a very good source of local knowledge as well as being Greek law experts.’

‘Betty Smyrniou is very experienced in advising international banks and leasing companies on aviation matters in Greece. She is very knowledgeable about the Greek law aspects of aviation leasing and financing.’

Key clients

Attica Bank

Aercap

SMBC

Wings Capital Partners

Aero Capital Solutions

Dubai Aerospace

Macquarie

Thea Artemis Financial Solutions

Pancreta Bank S.A.

PPT Legal

PPT Legal's wide-ranging client roster encompasses banks, financial institutions, equity funds, strategic buyers, agents, issuers, underwriters, trustees and borrowers. The firm has notable strength in shipping finance, but is also experienced in advising on asset, project and construction finance, corporate lending, secured lending, securitisations and banking regulations. Managing partner John Papapetros heads the practice.

Practice head(s):

John Papapetros

Other key lawyers:

Angelos Georgoussis; Aleka Tatagia; Vicky Katsouli; Sonia Horvathova; Dimitris Manolopoulos

Key clients

AEGEAN BALTIC BANK S.A.

CANFORNAV Inc

ACCUNIA A/S

INTRUM HELLAS A.E.D.A.D.P.

Work highlights

  • Advised two ship-owning subsidiaries of Canfornav Inc. Group on obtaining a $14m financing from Aegean Baltic Bank S.A. of Greece for two carriers.
  • Advised Aegean Baltic Bank S.A. on the provision of a $4.5m financing to a ship-owning company, in relation to the acquisition of a bulk carrier.
  • Assisted Accunia A/S as outgoing mortgagee and other entities and persons as lenders in a refinancing transaction involving the release of collateral granted by thirteen security parties.

Sarantitis

Sarantitis stands out for its experience in complex banking litigation and financial regulatory matters. Alexandros Metaxas leads the practice, which also has a notable focus on shipping finance and has acted as external legal counsel to a number of Greek and foreign banks on shipping-related transactions. Corporate finance and debt restructuring are other areas where the firm is developing its practice.

Practice head(s):

Alexandros Metaxas

Other key lawyers:

Theodora Monochartzis; Dolly Kostara; Eleni Papakosta; George Dedes; Antonis Katsigiannis

Testimonials

‘Excellent team with a very good name in the market.’

‘Eleni Papakosta is a highly qualified expert who provides solid support in relation to any request.’

Key clients

HSBC Private Bank (Suisse) S.A.

HSBC Bank PLC – Greek Branch

HSBC France – Greek Branch

Piraeus Bank S.A., Athens Headquarters

DMG Mori Finance

Factofrance (through Dentons Europe)

Work highlights

  • Represented the Greek branch of HSBC Bank in litigation before the Greek courts relating to investments made in bonds issued by SNS Bank before its nationalisation by the Dutch government.
  • Advised UBS AG on various issues relating to Greek banking and investment law.
  • Represented the Greek branch of HSBC France in litigation deriving from investments in Greek bonds.

Sioufas & Associates Law Firm

Sioufas & Associates Law Firm advises a significant array of domestic financial institutions and foreign investment funds. The team is particularly active in the sale of Greek NPL portfolios and also frequently represents clients in banking litigation. The practice is led by managing partner George Sioufas, who is highly experienced in NPL matters, Marios Sioufas and Olga Eftychidou.

Practice head(s):

George Sioufas; Marios Sioufas; Olga Eftychidou

Other key lawyers:

Nikolaos Katiforis; Andreas Stamatelatos

Testimonials

‘Highly professional staff, well-organised teams specialised in various disciplines, quick and accurate responses, comprehensive legal opinions, quality service and fair billing.’

‘Sioufas & Associates Law Firm is a very reliable business partner to us.’

‘There is a strong business-minded culture which is shared among all staff – partners, senior lawyers and associates alike.’

‘George Sioufas and Olga Eftychidou are always available to take our calls or meet at short notice.’

‘The firm’s continuous technological adaptation and the consistent quality of its lawyers constitute the perfect combination. All of the team members are excellently trained and informed about what is happening in the market, which makes them valuable partners for our company.’

‘Very good results in matters relating to retail banking portfolios.’

‘The team have excellent client relationships and provide support right away, whenever it is needed. I have to mention Olga Eftychidou and Andreas Stamatelatos for their support so far and going forward.’

Key clients

ALPHA BANK S.A

HELLAS CAPITAL LEASING S.A.

NATIONAL BANK OF GREECE S.A.

PIRAEUS BANK S.A.

EUROBANK SA

PANCRETA BANK Co-Op

CEPAL HELLAS FINANCIAL SERVICES S.A.