Timagenis Law Firm > Piraeus, Greece > Firm Profile
Timagenis Law Firm Offices
136 NOTARA STR
185 36 PIRAEUS
Greece
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Timagenis Law Firm > The Legal 500 Rankings
Greece > Shipping litigation Tier 1
‘Locally rooted but with an international mindset’, Timagenis Law Firm has developed a strong reputation among domestic and foreign stakeholders, including owners and insurers, across a myriad of litigation and arbitration, where it is appreciated for its ‘relentless and dogged drive’ to obtain a favourable result. As well as conventional wet and dry disputes, including charterparty matters and marine pollution cases, the firm is also well-versed in handling finance and commercial disputes in the sector, including for banks on debt enforcement issues and for parties engaged in shipping shareholder disputes. Drawing upon his ‘exceptional’ knowledge of both English and Greek laws and procedures, ‘outstanding’ dual qualified partner Yiannis Timagenis is a firm favourite among clients and provides ‘commercially oriented and practical solutions’, including on asset tracing and enforcement of foreign arbitral awards. Gregory Timagenis
, who co-heads the team alongside Yiannis, has ‘built a track-record of international proportions’, and as well as making regular appearances before the Greek Supreme Court has also successfully appeared in cases spanning ‘almost every continent, as well as in the open waters where International Law prevails’. US and Greek-qualified partner Christos Timagenis, who ‘knows the shipping industry inside out’ is another practitioner within the team with outstanding international exposure, and provides ‘tailored and practical advice’ across a range of multi-jurisdictional disputes and is also qualified to practice before the Supreme Court of Greece. Practice head(s):
Gregory Timagenis; Yiannis Timagenis
Other key lawyers:
Christos Timagenis; Mariangela Vlachou; Zoi Timagenis
Testimonials
‘The team provides a high quality service and a detailed-oriented approach.’
‘Locally rooted but with an international mindset, the team is well-equipped to service foreign clients and help them navigate the Greek market.’
‘They have exceptional knowledge of both Greek and English maritime and commercial law. Moreover the team demonstrated tremendous practical knowledge of local procedures as well as a relentless and dogged drive to obtain the right result for our mutual client.’
‘Gregory Timagenis has built a track-record of international proportions, with a command of legal knowledge and successful appearances in cases that have spanned almost every continent, as well as in the open waters where International Law prevails.’Â
‘Christos Timagenis is the definition of a top-notch lawyer. Due to his vast experience and his detailed oriented approach, he is the first person I call for any shipping corporate, taxation or litigation matter raised.’
‘Christos Timagenis knows the shipping industry inside out. He provides tailored and practical advice in the field, including in related litigation. A go-to lawyer for shipping matters.’
‘Yiannis Timagenis is an expert in employment and data protection matters related to the shipping industry.’
‘Yiannis Timagenis is outstanding. His knowledge of both English and Greek laws and procedures was especially valuable. He worked incredibly hard, kept us updated at all relevant times, and provided advice in a cost-effective manner.’
Key clients
Eurobank
Environmental Protection Engineering
Lloyd’s Register Group
Queensway Navigation Co. Ltd
UK P&I Club
North P&I Club
Work highlights
Greece > Shipping finance Tier 2
Timagenis Law Firm provides ‘high-quality, sophisticated and innovative legal services’ to shipping companies, banks and funds across a range of complex domestic and international transactions. The firm’s versatility across financial products, including as it relates bank loans and the capital markets, is a compelling proposition to international borrowers with a nexus to Greece. In this regard, ‘extremely detail oriented and intelligent’ dual Greek and New York-qualified partner Christos Timagenis regularly advises Greek shipping companies seeking to raise equity and debt finance on the US capital markets. As well as her proficiency acting for lenders and borrowers in bank loan facilities in the sector, the ‘exceptional’ Lily Politsopoulou-Timagenis provides ‘very focused and solutions-oriented advice’ on broader maritime-related corporate and commercial work, including matters relating to shipbuilding contracts and JV structuring. The ‘outstanding’ Gregory Timagenis and Yiannis Timagenis are also key contacts with significant experience and knowledge of the shipping industry. Practice head(s):
Lily Politsopoulou-Timagenis ; Yiannis Timagenis; Christos Timagenis
Other key lawyers:
Testimonials
‘It is one of the most reputable and well-established shipping law firms in Greece. They provide high-quality, sophisticated and innovative legal services in the context of complex domestic and international transactions.’
‘Timagenis Law Firm is in my view unique among Athens-based law firms in its understanding of the public capital markets, and in particular the US capital markets, while also having the deep connections to the Greek ship owners and operators.’
‘Timagenis Law Firm is continuously monitoring the latest updates on all areas of their expertise. This characteristic together with their extensive experience contributes to their high level of commercial awareness.’
‘Lily Timageni provides very focused and solutions-oriented advice.’
‘Christos Timagenis stands out for his deep knowledge of shipping corporate, capital markets and taxation matters. He has good commercial awareness and a unique ability to communicate complex issues.’
‘Christos Timagenis is unique in that he practiced in New York for a number of years in a large corporate/transaction practice and continued to leverage that experience in advising primarily Greek clients that are already public in or considering the US markets. He is extremely detail oriented and intelligent, and very attentive to the matters he works on.’
‘Yiannis Timagenis is characterised by integrity and client care and enjoys the trust of many financial institutions.’
‘The outstanding Gregory Timagenis constantly surpasses the client’s expectations. He takes the time to listen to his clients’ concerns, addressing them with empathy and understanding. This level of care creates a strong sense of trust and confidence between him and his clients.’
Key clients
Eurobank S.A.
Toro Corp.
Diana Shipping Inc.
Dorian LPG Ltd
Technomar Shipping Inc./ Global Ship Lease Inc.
Globus Maritime Ltd.
Castor Maritime Inc.
ROKS Maritime Ltd.
Magna Marine Inc.
Metrostar Management Corp.
Queensway Navigation Co. Ltd.
Dorian LPG Management Corp./Dorian Hellas S.A.
Work highlights
Greece > Dispute resolution Tier 4
Timagenis Law Firm > Firm Profile
Firm overview: Timagenis Law Firm was founded in 1977 and is currently one of the most prominent law firms in Greece. Timagenis Law Firm offers expert legal advice and personalised services to its international and domestic clients in all areas of commercial law. The firm’s traditional focus lies in shipping, banking and finance, shipping taxation, general corporate and commercial matters, private client work and estate planning, as well as complex domestic and cross-border dispute resolution cases in both arbitration and court litigation.
Main areas of practice
Maritime: The firm provides all the legal services required by domestic or international companies involved in shipping. The practice of the firm includes contentious matters relating to admiralty, salvage, towage, collision, charterparties, carriage by sea, bills of lading, cargo claims, personal injury, as well as arrest of ships, enforced sale of ships, maritime liens and enforcement of ship finance securities (ship finance banking litigation, maritime debt recovery and piercing of corporate veil proceedings). It has a strong reputation in dealing with matters pertaining to all non-contentious and corporate aspects of shipping, including inter alia incorporation of various types of shipping companies, sale and purchase of ships, as well as ship and mortgage registration. A particular strength of the firm is dealing with every aspect of ship financing including negotiation of ship finance loan agreements for newbuilding and second-hand vessels, refinancings, work-outs and restructurings in the context of problematic and non-performing shipping loans, and advising on transfers of ship finance portfolios.
Dispute resolution and arbitration: The firm has a formidable reputation for expertise and legal skill in complex domestic and international litigations with multi-jurisdictional elements, as well as arbitrations conducted in accordance with the rules of ICC, LCIA, LMAA, PAMA and the Hellenic Chamber of Shipping. Gregory Timagenis has been appointed regularly as an arbitrator in ICC and Hellenic Chamber of Shipping arbitrations. The firm is regularly involved in the recognition and the enforcement of foreign arbitral awards and foreign judgments.
Banking and finance: The firm advises a number of Greek and foreign banks on their typical banking activities, as well as on financings and litigations arising out of financial transactions. The firm’s practice on the transactional side involves advising banks in agreements for the financing or refinancing particularly of new building and second-hand vessels, in foreign exchange transactions, swaps and other derivatives, including related netting issues, money laundering, consumers’ protection, data protection, the transfer of banking business, transfer of loan portfolios, restructurings and work-outs as well as on usual banking work (such as bank licensing, KYC, AML, bank guarantees and letters of credit, transfers, taxation of banks, bank secrecy etc).
The firm offers comprehensive legal advice on all financing matters, including the structure of the financing transaction both from bank’s perspective and from borrower’s and the handling of the transaction from its inception up to the closing and involves single-ship or multi-ship financing, bilateral or syndicated, term loans, revolving credit facilities, mezzanine financing as well as sale and leaseback transactions (particularly involving Chinese lease companies), risk participation agreements, assignments of loans, and transfer of portfolios including transfer of the relevant security package etc. The firm also handles restructuring and work-out transactions and the preparation and negotiation of the relevant documentation including interim settlements, standstill and forbearance agreements. In the context of banking litigation, the firm has been involved in debt recovery claims for banks at both domestic and cross-border scale including enforcement of judgments and arbitral awards, enforcement of mortgages on ships or real estate, arrest of vessels, bank account attachments and in general enforcement of the entire security package of a ship finance loan agreement, performing asset searches, piercing of corporate veil proceedings and imposing interim charges such as provisional orders, prenotations or similar charges on assets.
Capital markets and securities: The firm advises banks as underwriters and companies/issuers in international capital markets transactions and their subsequent relations with their respective stock exchange and the capital market authorities. The firm is particularly specialised in the listing of shipping companies in international securities exchanges (more commonly on the New York Stock Exchange and NASDAQ in cooperation with US securities law firms), and has also advised the first shipping company to be listed with the Athens Stock Exchange (ATHEX). The firm acted as issuer’s Greek Counsel in major bond offerings, such as the issuance of the ground-breaking €400m high yield bond to partly finance the acquisition of a 33% stake in a major ATHEX listed corporation. The firm consistently acts as Greek law counsel and provides legal opinions to underwriters regarding IPOs and follow-on offerings pertaining to Greek interest listed shipping companies.
Mergers and acquisitions: The firm has extensive experience in advising on joint ventures, shareholders’ agreements and M&As, advising both Greek shipowners and foreign investors. The firm assists in the structuring of the transaction from inception to closing including preparing the necessary agreements and corporate structure, coordinating foreign counsel, carrying out the necessary legal due diligence and organising the completion of complex business combination transactions.
General commercial and corporate: The firm provides comprehensive advice to corporations with particular emphasis on Greek and foreign shipping and ship management companies, providing legal support on a broad aspect of matters including from everyday legal issues to complex corporate and commercial matters. The firm is involved in the drafting and negotiation of commercial contracts of all types including lease, employment, outsourcing, IT, distribution and agency agreements, as well as bankruptcy and reorganisation, trademarks, agency, employment etc. The firm has long standing expertise in the incorporation and legal issues of all types of Greek companies, shipping and non-shipping, and provides regular advice on the setup, establishment, organisation and structuring of groups of companies and multinational corporations with branches or subsidiaries in Greece.
Real estate: The firm deals with the sale and purchase of real estate, often combined with the creation of a corporate structure for real estate ownership, the import/export of capital, tax issues, and many other issues, occasionally with the assistance of local counsel when a foreign law elements are involved. The firm engages in ownership investigation, asset searches as well as mortgages and prenotations of real estate as security for debts.
Shipping administrative and taxation: Administrative and taxation matters are dealt with by the firm in all cases of corporate and banking work, foreign investment, joint ventures, mergers and acquisitions, transfer of business and inheritance cases. On the advisory side, the firm provides regular advice to individuals, ship management and shipbroking companies on all shipping taxation matters. On the contentious side, the firm handles shipping related administrative and taxation proceedings. In particular, the firm has successfully represented individual ship-owners and ship management companies in administrative and taxation proceedings before all court levels as well as before public authorities and regulators. The firm successfully acted for the Union of Shipowners of Passenger Ships before the full session of the Legal Council of the State in connection with the VAT relating to the bars and restaurants consumption on board passenger ships and ferries performing international voyages.
Private clients – inheritance and estate planning: The firm has extensive experience in dealing with wealth and estate planning for high net-worth families, on a highly confidential basis. This typically involves shipping clients resident in Greece and abroad, especially where business and assets are located in more than one jurisdiction and coordination with foreign counsel is necessary.
Data protection: The firm was the first shipping firm to provide advice on data protection matters under the Directive 95/46/ EC regime. Currently the firm offers bespoke legal advice on data protection and privacy matters in Greece, and is advising its shipping clients in all aspects of application of the GDPR and its impact on their business operations.
Employment: The firm advises Greek and international corporations with branch offices in Greece in all aspects of employment laws in Greece.
Lawyer Profiles
| Photo | Name | Position | Profile |
|---|---|---|---|
|
Lily Politsopoulou-Timagenis | Partner | View Profile |
|
Gregory Timagenis | Managing & Senior Partner | View Profile |
|
Yiannis Timagenis | Partner | View Profile |
|
Christos Timagenis | Partner | View Profile |