Firm Profile > Karatzas & Partners > Athens, Greece

Karatzas & Partners
8 KOUMPARI STREET
106 74 ATHENS
Greece

Banking, finance and capital markets Tier 1

Karatzas & Partners is ‘exceptional in terms of experience, knowledge, guidance and providing practical solid and viable legal solutions’. A distinct focus is directed towards complex financing and capital markets transactions with names such as Goldman Sachs, HSBC and Deutsche Bank forming the client roster. Catherine Karatzas heads the practice, providing extensive expertise in important transactions, while Alexandros Metallinos is another key name and is ‘highly recommended for every type of banking project’. He recently advised Athens International Airport on the successful completion of the structuring, co-arrangement and documentation signing for an bond loan facility valued up to €665.6m, provided on an equal basis by National Bank of Greece. The highly recommended Alexandra Kondyli recently made partner.

Practice head(s):

Catherine Karatzas

Testimonials

‘Commercial acumen, practical approach to problem solving.’

‘The legal team has the unique talent to understand the real legal and business risk of the client. In comparison with the other firms in Greece they can be part of the client’s team in order to find the best solution. We have always achieved the best possible outcome.’

‘Aleka Kondyli combines outstanding professional performance with dedication and experience. Managing partner Katerina Karatza has exceptional knowledge of the legal framework in financial sector and keeps the right balance between legal and business interests for their clients.’

‘Commitment, Professionalism, Experience, knowledge, focus on the result’.

‘K&P team in Banking Finance and Capital Markets is exceptional in terms of experience, knowledge, guidance, and providing practical solid and viable legal solutions not just theoretic recommendations.’

‘A unique, client-oriented team that can provide accurate, and ‘hands on’ legal services no mater how difficult or complex the project may be. Undoubtedly most highly recommended for every banking or project/corporate financing schemes and projects.’

Key clients

National Bank of Greece

Goldman Sachs

Deutsche Bank

HSBC Bank

J.P. Morgan Securities

Barclays Bank plc

European Investment Bank (EIB)

Bank of America Merill Lynch

European Central Bank (ECB)

Eurobank

European Bank of Reconstruction and Development (EBRD)

Public Debt Management Agency (PDMA)

Alpha Bank

International Finance Corporation (IFC)

European Investment Fund (EIF)

BC Partners

Athens International Airport

Piraeus Bank

Waterfall Asset Management

Commercial, corporate and M&A Tier 1

Karatzas & Partners provides a distinct focus in transactional work and is particularly acclaimed for for its handling of complex M&A instructions. It recently acted for Alpla Pharmaholding on the acquisition of Argo, a pharmaceutical packing solutions company, and its Romanian subsidiary, Ago Rom Plastics. Catherine Karatzas heads the practice, providing extensive expertise in acting for domestic and international market leaders, and is highly recommended alongside Alexandros Metallinos who represented Eurobank-Ergasias in relation to its merger with Grivalia. Recently promoted partner Alexandra Kondyli is an active member of the team.

Practice head(s):

Catherine Karatzas;

Key clients

BC Partners

WIND Hellas

Lamda Development

Puig Group

Home Holding

ElvalHalcor

Centerbridge

Eurobank-Ergasias S.A.

NBG Pangaea REIC

Paneuropean Oil and Industrial Holdings S.A. (POIH)

Elliniki Technodomiki Anemos S.A.

Alpla Pharmaholding GmbH – Argo S.A.

BC Partners

MS Pharma Ventures Holdings WLL

Papoutsanis S.A.

Genepharm S.A.

Energy Tier 1

With a focus on energy projects and project finance transactions, Karatzas & Partners is acting as local counsel on the Trans Adriatic Pipeline, a €3.9bn project which will span from the Greek-Turkish border through to Albania and across the Adriatic Sea to Southern Italy. The team possesses comprehensive experience in the oil and gas, wind and solar sectors, and is also renowned for its day-to-day and regulatory advice. Alexandros Metallinos leads the practice alongside Christina Faitakis, who is an acclaimed name for projects in the renewable energy sector; she is currently acting for Piraeus Bank on the financing of a wind park, which is to be constructed in the Peloponnese.

Practice head(s):

Christina Faitakis; Alexandros Metallinos;

Key clients

Trans Adriatic Pipeline (TAP)

DEPA S.A.

National Bank of Greece

Piraeus Bank

Paneuropean Oil and Industrial Holdings (POIH)

Volterra SA

European Investment Bank

Investment Bank of Greece SA

Real estate and construction Tier 1

Karatzas & Partners' expertise encompasses the privatisation of public real estate, leasings by multinational retailers, transactions, financings, conveyancing issues, leaseback arrangements and public-private real estate developments. The team has comprehensive experience in due diligence relating to land registries and cadastres and is also a key name in the market for real estate investment companies; it recently acted for NBG Pangaea on the acquisition of two land plots for the development of an office complex. Practice head Vassiliki Salaka handles purchases, sales, construction matters and commercial leasings.

Practice head(s):

Vassiliki Salaka;

Testimonials

‘Strong team with depth and breadth – our go-to team for just about any project.’

‘Focused on problem-solving. I know I can count on them to deliver the desired results.’

Key clients

NBG Pangaea REIC (the leading REIC in Greece)

Lamda Olympia Village

H&M

Centerbridge Partners Europe LLP

Southbridge

Deutsche bank

Alpha Bank; Black Sea Trade and Development Bank (BSTB); European Bank for Development and Reconstruction (EBRD); European Investment Bank (EIB); International Finance Corporation (IFC)

Dromeus Capital

NBG Pangaea REIC (the leading REIC in Greece)

Restructuring and insolvency Tier 1

Karatzas & Partners ‘covers all possible options and obstacles’ and is praised for its ‘understanding of commercial issues’. The practice, headed by Vassiliki Salaka, has recently handled a number of complex restructurings in addition to various securitisations of NPL portfolios. In a recent debt-restructuring matter, the team assisted Regency Casino, manager of the two largest casinos in Greece, to achieve a reduction of approximately €304m to the nominal value of its debt. Noted for its ‘knowledge of the financial market’, the group also recently acted for Alpha Bank in relation to the sale and transfer of receivables of a portfolio of sub-performing and non-performing consumer and small business loans with total exposure of approximately €2.5bn.

Practice head(s):

Vassiliki Salaka

Testimonials

‘Karatzas firm provides us with legal advice that covers all possible options and obstacles that can occur during the negotiation of a specific contract. Their knowledge of the financial market and the understanding of the commercial issues is a great help to us in the execution of a specific project.’

‘They have the experience and expertise in a vast variety of subjects-sectors which enables the team to face every problem in a quick and efficient way. Catharine Karatza, who happens to be an excellent negotiator and a very experienced lawyer, has given us on several occasions very important support in order to finalize a specific financial deal.’

Key clients

Eurobank

Senior Bondholders of Frigoglass

Piraeus Bank

Chipita

Bain Capital Credit

TMT Tier 1

Areas of expertise at Karatzas & Partners include major transactions, day-to-day advice and regulatory matters. Led by Anna Manda, the practice is particularly active in the telecoms and broadcasting sectors and notably represents WIND Hellas, recently advising the client on tender submissions and significant financing transactions. In another highlight, the team served as Greek counsel to shareholders of e-Travel Internet Tourist and Travel Services in relation to the sale of their holdings in the company.

Practice head(s):

Anna Manda

Key clients

WIND Hellas

TIWS Greece Telecommunications Services

Samsung Electronics Europe

Kathimerini

SKAI TV

Southbridge

Marks and Spencer PLC

GoldenTree Asset Management

Kathimerini

EU and competition Tier 2

Practitioners at Karatzas & Partners are noted by clients as ‘top experts in competition law’, combining their ‘deep knowledge’ of the law with a ‘commercial understanding’. The practice has a specific focus on merger clearance assignments, and also undertakes competition investigations, cartel issues, day-to-day antitrust matters, compliance work and litigation. The ‘exceptionalAnna Manda oversees the department, which is active in a variety of sectors including the telecoms, financial services, banking, retail, automotive, food and drink, consumer products and distribution industries.

Practice head(s):

Anna Manda;

Testimonials

‘Mrs. Anna Manda handles our account and occasionally other partners of the firm are involved, based on needs. Anna is a well-known corporate financing & competition practitioner in Greece, with an impressive track record, not only at advisory level, but also at dispute resolution level.’

‘Top experts in competition law in Greece.’

‘Very specialised competition lawyers. Always available and very responsive.’

‘They are always available even at a very short notice, providing valuable input on issues raised, even of a complex nature. Their engagement, on tasks assumed, is very high and the responsiveness is very fast. Ms Anna Manda is an exceptional partner, dedicated, always reachable, understanding both legal conformity and business necessities.’

Key clients

Eurobank Ergasias SA

Piraeus Bank SA

Impresa SpA

Kotsovolos

Mediterranean Shipping Company

Papoutsanis

Chipita

PUIG Group

Centrebridge

Bain Capital Credit

Pharmathen Group

GoldenTree Asset Management

NBG Pangaea REIC

Projects and privatisation Tier 2

Karatzas & Partners is noted for its expertise handling projects in the oil and gas, power and renewables sectors. The team handles projects from inception to construction and operation and is also highly regarded for project finance transactions.

Dispute resolution Tier 3

Karatzas & Partners fields a ‘responsive, engaged and practical’ team, which is overseen by Georgios Minoudis. Its core areas of expertise span commercial and civil cases with niche expertise in private banking and enforcement proceedings. Deutsche Bank is a notable client and recently instructed the group in its capacity as bondholder and security agent to enforce security rights under a syndicated facility of up to €75m against Leaf Tobacco Michaelides, a Greek tobacco company. International arbitration is also a significant area of expertise for the practice.

Practice head(s):

Georgios Minoudis;

Testimonials

‘Always available to support you.’

‘Vasiliki Salaka and her team are at all times available to give you the right legal advice with efficient results.’

‘Responsive, engaged and practical.’

‘Christina Faitakis – personable, clear advice.’

The firm: Karatzas & Partners is a market-leading law firm, with outstanding experience advising international clients and a strong focus on transactional work. The firm was established in 1963, and has since grown and expanded steadily. The firm offers legal services and advice across the entire spectrum of commercial and financial law, including banking and finance, capital markets, corporate and commercial, competition/antitrust, energy, project finance, M&A, real estate, securities and telecommunications, with a client base both in Greece and abroad. The firm’s dispute resolution department represents clients in litigation and arbitration relating to all aforementioned areas.

Karatzas & Partners has extensive experience advising international clients in relation to a wide range of transactions and practice areas. The firm has been involved in some of the biggest transactions in Greece in recent years, many of which have had a strong international element. Examples of key recent matters include: the recapitalisation of the National Bank of Greece, the acquisition by BC Partners of a majority stake in Pharmathen and the acquisition of Makro Cash & Carry Greece by Sklavenitis.

The firm’s clients include foreign banks and multinational corporations such as Barclays, Citibank, Coca-Cola Company, Credit Suisse, Deutsche Bank, Goldman Sachs, Goodyear, JP Morgan, Morgan Stanley, Unilever and Wrigley. The firm also regularly works with major international law firms, such as Allen & Overy, Cleary Gottlieb, Clifford Chance, Freshfields, Linklaters, Shearman & Sterling, Simpson Thacher and Bartlett, Skadden Arps, Slaughter & May and White & Case.

Areas of practice: Banking and finance: the firm advises on all aspects of banking and finance, including project finance, structured finance, secured and syndicated loan transactions, as well as derivatives and other OTC or listed products and securitisation.

M&A: the firm regularly advises international clients on M&A transactions in Greece and has participated in all the major pioneering corporate transactions in Greece in recent decades.

Securities: the firm advises on all aspects of securities law, such as initial public offerings, regulation of business conduct of securities firms and listed companies, bond issues and takeover bids. The firm routinely represents clients before the Hellenic Capital Market Commission and the Athens Exchange.

Corporate: the firm advises on the establishment of companies and joint ventures, spin-offs of Greek companies, stock option schemes, marketing law and due diligence. It also assists with the day-to-day legal affairs of a number of major Greek companies with international activities.

Energy: the firm has strong experience in both oil, gas and power, including renewables, especially wind and solar, and has participated in all the major pioneering energy projects and project finance transactions in Greece in recent decades.

Telecommunications: the firm has been involved in many of the seminal transactions in the telecoms sector over the past 20 years, including the first change of control of a mobile telephony operator and the first merger of two competitors in the mobile telephony market.

Competition/antitrust: the firm advises international clients on all aspects of Greek and EU competition law such as merger control, vertical restraints, abuse of dominant position and concerted practices.

Dispute resolution: the firm represents clients in litigation and arbitration before Greek courts and international arbitral tribunals in relation to a wide range of disputes.

Intellectual property: the firm advises on trade mark portfolio management, registration and litigation.

Department Name Email Telephone
Banking and finance Catherine Marie Karatzas
Banking and finance Vassiliki Salaka
Capital markets Nikos Fragos
Capital markets Catherine Marie Karatzas
Commercial and company Alexander Metallinos
Commercial and company Georgios Minoudis
Competition Anna Manda
Dispute resolution Christina Faitakis
Dispute resolution Georgios Minoudis
Energy Christina Faitakis
Mergers and acquisitions Catherine Marie Karatzas
Mergers and acquisitions Nikos Fragos
Project finance Alexander Metallinos
Project finance Christina Faitakis
Real estate Vassiliki Salaka
Telecommunications Anna Manda
Photo Name Position Profile
Ms Christina Faitakis  photo Ms Christina Faitakis Partner
Mr Nikos Fragos  photo Mr Nikos Fragos Partner
Ms Catherine Karatzas  photo Ms Catherine Karatzas Managing Partner
Mrs Alexandra Kondyli  photo Mrs Alexandra Kondyli Partner
Ms Anna Manda photo Ms Anna Manda Partner
Mr Alexander Metallinos  photo Mr Alexander Metallinos Partner
Mr Georgios Minoudis  photo Mr Georgios Minoudis Partner
Ms Vassiliki Salaka  photo Ms Vassiliki Salaka Partner
English
French
German
Greek
Italian