Firm Profile > Moratis Passas Law Firm > Athens, Greece

Moratis Passas Law Firm
15 VOUKOURESTIOU STREET
KOLONAKI
106 71 ATHENS
Greece

Banking, finance and capital markets Tier 1

Moratis Passas Law Firm is home to an ‘easily reachable team’, reputed for its ‘high-quality legal advice and industry know how’. Local and foreign credit financial institutions rely on the team for expertise in credit and loan facilities, the enforcement of securities, indemnities and guarantees, international trade finance and the negotiation and conclusion of sale and purchase agreements. Dimitris Passas, Vassilis Saliaris and Constantine Casmas oversee the department, which is very active in the capital market field, working on initial public and further equity offerings, bond issues and structured finance transactions. A standout from the recent caseload saw the group act for Eurobank Financial Planning Services in relation to its appointment, by Hellas 2P Investment Designated Activity Company, as service provider for a non-performing €2bn retail loan portfolio acquired from Eurobank Ergasias.

Practice head(s):

Dimitris Passas; Vassilis Saliaris; Constantine Casmas;

Testimonials

‘Easy reachable team and easy to communicate with; client-friendly approach and support’.

‘Availability and commitment’.

‘High quality legal advice – speed of service & industry know how.’

Key clients

Alpha Bank

Citibank Europe Plc

Citigroup Global Markets Limited

Eurobank Financial Planning Service (FPS)

doValue Hellas SA

New SIA Greece SA (former: First Data Hellas)

UCI Greece

Attica Bank

Piraeus Bank

Eurobank Ergasias

Praxia Bank (former: Credicom Consumer Finance Bank

Cyprus Popular Bank Public Co Ltd

Clifford Chance LLP

Dispute resolution Tier 3

The team at Moratis Passas Law Firm is ‘always updated and well-informed on any change to the regulatory and legal framework’. Dimitris Passas and Nikos Syrmas head up the practice, which handles domestic and cross-border litigation and arbitration in addition to out-of-court settlements. The group has key expertise in shareholder disputes and also handles antitrust, banking, IP, real estate, restructuring, insolvency, tax, sport, consumer protection and administrative-related litigation.

Practice head(s):

Dimitris Passas; Nikos Syrmas;

Testimonials

Strengths of this team: always updated and well informed on any change of the regulatory and legal framework and on any amendment to come; response times are very satisfactory; undertake litigation actions at very short notice.’

‘We have worked mainly with Mr. Nikos Syrmas: understands client’s needs; proposes ways to handle the dispute; has handled very successfully complex and demanding litigation regarding serious matters (such a case related to attorneys’ malpractice).’

Key clients

Citibank Europe Plc, Greek branch

Piraeus Bank

Praxia Bank

Cyprus Popular Bank  Public Company  Ltd

Hellas Capital Leasing

NN Hellas

Olympiacos Basketball Club

EDOEAP (Press and Media Pension Fund)

Antenna T.V. SA

EFKA (Greek only Social Security Fund)

CPB Leasing SA

Commercial, corporate and M&A Tier 4

The team at Moratis Passas Law Firm is jointly headed by Dimitris Passas, Nikos Syrmas and Vassilis Saliaris. It possesses specialist knowledge of M&A, joint ventures, shareholders’ agreements, company and partnership formation in addition to general corporate representation. The group also provides counsel on commercial contracts and agreements relating to the full range of commercial transactions, these include the sale and lease of movable and immovable property, franchise and license agreements as well as distribution arrangements.

Practice head(s):

Dimitris Passas; Nikos Syrmas; Vassilis Saliaris

Key clients

doValue Hellas SA

Piraeus Bank SA

The firm: Moratis Passas was founded in 1990 by joining the previously individual successful practices of George Moratis and Dimitris Passas. In 2010 the firm was established as a law partnership under Greek Law (Presidential Decree 81/2005) and is located in Athens (15 Voukourestiou str. and 5 Zalokosta str.).

Moratis Passas has since its inception been acting as an advisor to many key players in the Greek banking and financial market. Over the past two decades, our firm has built a highly qualified and experienced team most of whom are members of the Athens Bar Association. The widely recognised expertise developed over the years has led us to top tier ranking among the Greek law firms in the fields of Banking and Finance. Gradually our areas of practice have successfully expanded over most fields of contemporary financial and corporate matters. Today we are proud of our expanding and loyal client base ranging from a variety of corporate entities to banks and multinational organisations as well as private entities.

Areas of practice: Banking and Finance Law: We advise most local and foreign credit and financial institutions operating in Greece on a wide range of matters pertaining to banking, finance & corporate law as well as regulatory issues. Our experience includes negotiation & conclusion of sale & purchase agreements (SPAs) regarding transfer of whole or part of a business, documentation and execution of credit facilities, including syndicated loans, documentation and enforcement of securities (mortgages and charges), indemnities and guarantees, factoring transactions, leasing transactions, hire-purchase transactions, inter-creditor agreements, international trade finance (letters of credit and other negotiable instruments), corporate refinancing and restructuring, project and construction finance and other. We have as well pioneered many new financial products and practices in the retail banking and consumer lending.

Capital Markets: The international capital markets expertise of Moratis Passas covers initial public offerings and further equity offerings, regulatory capital and equity-linked (convertible and exchangeable) bond issues, structured finance transactions and the operation of financial instruments including derivatives, bonds, repos and options.

Structured Finance, Securitizations and Structured Bonds: Our firm has in depth experience of Greek law on securitizations, having been involved in a number of such transactions by local public or private originators, since the enactment of Law 3156/2003 on corporate bonds and securitizations. We also have a wide experience on international issues of debt securities issued by Greek companies, having acted as Greek counsel to the underwriters in most High Yield Bond issues of Greek corporates.

Corporate and M&A: Our corporate and commercial legal team focuses on mergers and acquisitions, joint ventures, shareholders agreements, company and partnership formations as well as general corporate representation. Our practice also provides legal support for companies, corporate groups, enterprises, in-house legal teams and individuals with respect to commercial contracts and agreements covering all aspects of commercial transactions, including sale and lease of movable and immovable property, provision of legal services, franchise agreements, license agreements and distribution agreements.

Dispute Resolution: Moratis-Passas has a very strong litigation team , with a long track record of achievements in major complex, national and cross border litigation, arbitration and out of court disputes, especially in handling civil litigation, commercial disputes, banking and financial cases and, over the last years, has also gained expertise in handling complex shareholders’ disputes.

Insurance: We have a broad and extensive experience in Greek insurance and reinsurance law. Among our clients are many of the worlds and local leading insurers, reinsurers, brokers, as well as banking clients. Our in-depth know-how of local laws and regulatory framework, as well as our practice insight, enables us to provide practical and client-oriented legal and tax advice in connection with life/non-life insurance and reinsurance.

Public Sector: We review public sector contracts and concession agreements & advise on financing Greek public sector entities, including acting for foreign state agencies. We specialize in the regulatory framework and matters of mobile telephony and networks & we represent clients in disputes leading to public/administrative litigation.

Shipping: Our team provides a full range of legal services needed by today’s sophisticated shipping companies. We handle any shipping-related matter, from the most complex structured finance to anti-competitive actions & from ship conversion disputes to offshore disputes.

Data Protection: Our law firm has significant expertise in the area of data protection for more than two decades. Our dedicated team of lawyers is certified as Privacy Practitioners by IAPP and has solid knowledge and experience in privacy issues including a holistic and business-friendly approach to address the needs of our clients. Our work covers regulatory compliance and related authorizations, data protection audits, due diligence on data protection and privacy issues, privacy impact assessments, whistle-blowing schemes and other privacy policies, internal investigations, data processing agreements, data security, data retention obligations and related litigation.

Department Name Email Telephone
Banking, finance and capital markets Dimitris Passas dimitris.passas@morpas.gr
Banking, finance and capital markets Constantine Casmas constantine.casmas@morpas.gr
Capital Markets Vassilis Saliaris vassilis.saliaris@morpas.gr
Capital Markets Maria Androulaki maria.androulaki@morpas.gr
Structured Finance, Securitizations and Structured Bonds Vassilis Saliaris vassilis.saliaris@morpas.gr
Structured Finance, Securitizations and Structured Bonds Maria Androulaki maria.androulaki@morpas.gr
Corporate and M&A Mantha Varela mantha.varela@morpas.gr
Corporate and M&A Eleni Babaletaki eleni.babaletaki@morpas.gr
Project Finance & Public/Private Partnerships Vassilis Saliaris vassilis.saliaris@morpas.gr
Project Finance & Public/Private Partnerships Panagiotis Anastopoulos panagiotis.anastopoulos@morpas.gr
Dispute resolution Dimitris Passas dimitris.passas@morpas.gr
Dispute resolution Nikos Syrmas nikos.syrmas@morpas.gr
Dispute resolution Fotis Kotsis fotis.kotsis@morpas.gr
Insurance Mantha Varela mantha.varela@morpas.gr
Insurance Pelagia Klara pelagia.klara@morpas.gr
Public Sector Fotis Kotsis fotis.kotsis@morpas.gr
Public Sector Panagiotis Anastopoulos panagiotis.anastopoulos@morpas.gr
Shipping George Moratis george.moratis@morpas.gr
Shipping Ioanna Karra ioanna.karra@morpas.gr
Competition and antitrust Vassilis Saliaris vassilis.saliaris@morpas.gr
Intellectual property Christiana Koliofoti christiana.koliofoti@morpas.gr
Data Protection Constantine Casmas constantine.casmas@morpas.gr
Data Protection Maria Androulaki maria.androulaki@morpas.gr
Number of lawyers - At this address : 15
Number of lawyers - in this country : 15
Number of lawyers - worldwide : 15
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DIVERSITY STATEMENT

Moratis Passas law firm attracts and retains bright lawyers and tries to foster a respectful and supportive working environment for all lawyers and staff, where people from all backgrounds can reach their full potential, regardless of their race, gender, ethnicity, religion, age, sexual orientation or disability.

PRO BONO INITIATIVES

Moratis Passas Law Firm considers pro bono work an important professional responsibility; believing that arts played a significant role in forming the identity of Greece, our firm’s pro bono legal work is mainly focused to providing legal services to non-profit organizations, institutions and entities which promote arts in Greece.

Persons and entities to which we have been providing our pro bono legal services include:

  • A museum;
  • A non-profit organization, organizer of exhibitions of contemporary arts;
  • Renowned artist;
  • A theatre production company.

By helping such entities, we take pride in contributing to the cultivation of the cultural identity of contemporary Greeks.


CLIENT: Christos Iliopoulos (Legal Advisor)
COMPANY/FIRM: Citibank Europe Plc
TESTIMONIAL: “Taking into account that Citi is sensitive with servicing its clients with the most comprehensive way, we wanted to hire a recognizable and professional law firm with experience in banking industry and international markets. The relationship with each member of this law firm is a matter of trust since the handling of any legal matter is quite comprehensive, timely and professional. Moratis-Passas is a law firm that I would strongly recommend to any peer because of its over 35-year experience in banking industry leading always to legal solutions without creating legal risks.”


CLIENT: George J Liakopoulos (General Counsel)
COMPANY/FIRM: Piraeus Bank S.A.
TESTIMONIAL: “We have worked with Moratis Passas for a demanding and challenging project with cross-border impact. Our ask was for legal services ranging from advice on complex compliance issues and corporate tax matters to practicalities and input on how to better structure the different phases of the project. Not only did Moratis Passas provide sound advice across several EU and Greek law disciplines, but they also committed the necessary resources for supporting us, in order to achieve the optimum solution.


CLIENT: Menelaos Karpathakis (Head of Legal)
COMPANY/FIRM: doBank Hellas
TESTIMONIAL: “We have worked with Moratis Passas for a demanding and challenging project with cross-border impact. Our ask was for legal services ranging from advice on complex compliance issues and corporate tax matters to practicalities and input on how to better structure the different phases of the project. Not only did Moratis Passas provide sound advice across several EU and Greek law disciplines, but they also committed the necessary resources for supporting us, in order to achieve the optimum solution.”