Metaxas & Associates Law Firm > Athens, Greece > Firm Profile

Metaxas & Associates Law Firm
ASKLIPIOU 154 STREET
11471 ATHENS
Greece

Greece > Energy Tier 1

Metaxas & Associates Law Firm  has a strong track record acting for clients on the development, project financing and construction of energy projects. It also advises on M&A, as well as licensing, compliance and litigation. It also represents clients before the Regulatory Authority for Energy, the Hellenic Competition Commission, the European Commission and all national and EU courts. Recent work included advising Hellenic Hydrocarbon Resources Management on the drafting of a law amending offshore safety in hydrocarbon activities. Antonis Metaxas chairs the Hellenic Energy Regulation Institute. He co-heads the practice with Efstathios Kakounis, who is well-versed in energy investments. Associate Ioannis Floros is also a key contact.

Practice head(s):

Antonis Metaxas; Efstathios Kakounis

Other key lawyers:

Christina Katsanou; Maria-Konstantina Lili-Kokkori; Ioannis Floros

Testimonials

‘They have provided us with expert legal advice whenever we had to deal with energy law issues. I consider them to be one of the best in Greece in their field. Their services are absolutely in line with European standards. Their work is of high quality and I consider Professor Metaxas and his team as true experts, as far as energy law and regulation goes.’

‘We have been very satisfied by the way M&A eased our cooperation during the Covid-19 pandemic and the digital communication with them remained extremely direct and efficient. I would like to highlight the personal participation of Professor Metaxas in our case, which was really appreciated as his profound knowledge is of utmost importance to our needs.’

‘Professor Antonios Metaxas. High level of expertise, high level of commitment and excellent services’

‘I appreciate the thorough knowledge of the energy sector and the hands on approach of the Firm.’

‘Client oriented and hands on approach gives a competitive advantage, especially when combined with thorough knowledge of the energy sector, brings excellent results.’

‘I felt their work is high-quality and all attorneys are true experts as far as Energy Law and regulation goes, and they approach their practice professionally. Professor Metaxas has managed to achieve the highest expertise on energy matters and he manages a highly skilled team.’

‘Professor Metaxas combines professional and academic knowledge and this is one trait that distinguishes the legal advice delivered by this law firm. Besides his impressive expertise, he has managed to assemble a highly skilled team of associates who offer detailed and precise advice.’

Key clients

ADMIE S.A.

DESFA S.A.

HELLENIC HYDROCARBON RESOURCES MANAGEMENT S.A.

ENTEKA S.A.

ELPEDISON S.A.

AIOLOS AEROTECHNIKI S.A.

NEXTA CAPITAL PARTNERS LTD

ELMYA S.A.

Cluster of Industrial Clients

Cluster of Industrial Electricity Consumers

SYNERGIA MANAGEMENT CONSULTING

Panhellenic Association of Photovoltaic Power Producers

VOURDOUBAS ENERGEIAKI M.E.P.E

Hellenic Petroleum S.A.

ENVALUE Energie Holding GmbH & Co. KG

MUNICIPALITY OF MEGALOPOLIS

PETROGAZ ENERGY S.A.

Work highlights

  • Advised Hellenic Hydrocarbon Resources Management S.A. on the drafting of a Law amending (Law no. 4409/2016) on offshore safety in hydrocarbon activities and also drafting Ministerial Decision amending MD no. 48416/2037/2011 for the safe geological storage of carbon dioxide.
  • Advised HELLENIC PETROLEUM S.A. on filing a series of lawsuits against ADMIE requesting compensation for the significant losses and damages caused by the complete and power outage in both its industrial facilities in the areas of Aspropyrgos and Elefsina.
  • Acted for Petrogaz Energy S.A in successful arbitration before the Regulatory Authority for Energy (RAE), following a dispute with a wholesale electricity provider in Bulgaria.

Greece > EU and competition Tier 1

Metaxas & Associates Law Firm‘s team garners praise from clients for its ‘profound expertise and quality in EU law and competition‘. It acts for clients in abuse of dominance cases and other behavioural matters. In addition, other drivers of work include advice on state aid cases and the establishment of state aid schemes, as well as antitrust compliance. The firm is representing GEN-I-ATHENS at the Supreme Administrative Court of Greece in relation to the filing of three Petitions of Cassation against regulatory decisions made by the Greek Regulatory Authority of Energy. Antonis Metaxas and Efstathios Kakounis jointly lead the practice. Senior associate Ioannis Floros is also noted.

Practice head(s):

Antonis Metaxas; Efstathios Kakounis

Other key lawyers:

Christina Katsanou; Konstantina Meletiadou; Ioannis Floros

Testimonials

‘Their work has been overall very professional, and I strongly believe that their practice remains consistent with European Union’s high standards.’

‘We have been very pleased that our cooperation with all the members of Metaxas & Associates Law Firm remained extremely direct and efficient, especially given the difficulties caused by Covid-19. It was also reassuring that the whole team has high-level expertise in state aid and competition law.’

‘Professor Metaxas has managed to combine his impressive academic and professional expertise with a highly skilled team and I have to state that their service towards us has been excellent.’

‘We truly appreciated Prof. Metaxas’ personal involvement. He combines his strong academic background with a deep understanding of the market realities.’

‘Metaxas & Associates provided legal services of high quality whenever we had to face cases related to competition law and EU law. Their work is detailed, thus providing their clients with top advice, and they approach their practice in a really professional manner. I have to admit that Professor Metaxas has managed to create a team of really good experts in this field and this makes you feel secure that you are being treated by one of the best law firms in EU law and competition law matters in Greece.’

‘Professor Metaxas – his personal participation is indeed of utmost importance for our needs. In general, this is a highly skilled team of experts in the field of state aid and competition law.’

Key clients

GEN-I ATHENS

DESFA S.A.

PETROGAZ ENERGY S.A.

MUNICIPALITY OF MEGALOPOLIS

ENTEKA S.A.

AIOLOS AEROTECHNIKI

SELECTED VOLT S.A.

Clusters of RES producers in Greece

Cluster of Industrial Clients

Cluster of Industrial Electricity Consumers

TELINT LTD

HERACLES S.A.

HELLENIC REPUBLIC – MINISTRY OF DEFENCE

SYSTEMS SUNLIGHT S.A.

SCHUR FLEXIBLES S.A

PRISMA S.A.

HELLENIC PETROLEUM

ELPEDISON S.A.

ELINA PAPER MILLS S.A.

SYNERGIA MANAGEMENT CONSULTING

Work highlights

  • Advised GEN-I Athens regarding Regulatory Decisions by the Greek Regulatory Authority of Energy.
  • Advised the Municipality of Megalopolis in the preparatory process and design of the Just Transition Development Plan (SDAM) towards decarbonisation.
  • Represented Solar Ilias Mpompaina S.A., a company of the ENTEKA Grou, in filing before the General Court of the EU an Application for Annulment of the European Commission’s Decision that found the retroactive reduction of contracted feed-in tariffs.

Metaxas & Associates is a leading boutique law firm set to deviate from the traditional general practice model, offering first class legal advice and extensive expertise in specific areas of practice.

Our aim is to provide the optimum level of legal services, tailored and integrated business-focused solutions that meet the complex needs of our clients in order to thrive in today’s global market place. Our deep knowledge of the dynamics that drive our clients’ markets, our ability to provide critical strategic support and  the combination of an international perspective with the deep understanding of the local market, make our firm a top choice in the practice areas of inter alia, energy law, EU caw, Competition and state aid law.

Head of M&A Law Firm is the managing and founding partner, Professor Dr Antonis Metaxas, PhD, Law Faculty of FU Berlin, Professor of EU Law in the University of Athens and Visiting Professor of EU energy and competition law in various distinguished international universities, among others TU Berlin. Prof Metaxas is also chairman of the Hellenic Energy Regulation Institute and top leading practitioner and academic in the field of energy law, acknowledged well over the boundaries of the Greek legal market by all international independent legal directories.

Our team works in a collegiate, team-based way, using its collective knowledge, insight and expertise to tackle the most challenging of cases. The competitive advantage lies in our strong commitment to the concrete fields of our specialization and thereby we achieve positive results through the in depth understanding of each of our clients’ special needs and the specific parameters of the concrete business environment in which they are active.

We believe in fostering personal contact and engagement with our clients, building our relationships on transparency, mutual trust and respect.

Main areas of practice
Energy law / energy arbitration: When it comes to the energy regulation field, one could objectively claim that M&A Law Firm is regarded as the leading law firm in Greece having a focused orientation in the respective field of practice and expertise. Its managing and founding partner, Professor Dr A. Metaxas, is chairman of the Hellenic Energy Regulation Institute and leading practitioner and academic in the field of energy regulation, acknowledged well over the boundaries of the Greek legal market by all international independent legal directories. Our law firm currently represents the majority or RES electricity producers, electricity suppliers and major industrial clients in systemic disputes which shape the national electricity market. Additionally, it comprises of associate lawyers with academic expertise and up to date knowledge of the complex regulatory framework. During the last years, we have been involved in the vast majority of transactions concerning the transfer of RES production licenses and plants in operation in the Greek market, acting as legal advisor in the most high-profile acquisitions in terms of MW power. In response to the highly specialized needs of the energy industry, our legal services cover:

  • Consultancy on the development, project financing and construction of energy projects.
  • Legal assistance during the licensing procedure, acquisitions of companies active in the energy sector, legislative compliance, and competition issues
  • Litigation
  • Representation before the Hellenic Competition Commission, the Regulatory Authority for Energy, the European Commission and EU courts

European and competition law: Metaxas & Associates Law Firm is widely acknowledged in the Greek legal market for its profound expertise and quality in EU law and competition. Our firm’s broad experience in EU and competition law enables us to provide high-quality legal services to Greek and international clients in competition, antitrust and state aid cases. The firm is at the forefront of state aid practice in Greece with a profound scientific and practical expertise in EU State Aid Rules and their enforcement procedures at european and national level, thus providing targeted legal assistance to both state aid providers in the public sector and state aid recipients in the private sector, as well as to interested third parties, including competitors wishing to challenge the alleged beneficiaries of illegal state aid measures. Moreover, M&A Law Firm acts in the most significant anti-dominance disputes in addition to mergers and acquisitions, as a competition counsel with regard to antitrust policies and regulatory strategies. In particular, our broad experience in competition law enables us to provide high-quality legal services to Greek and international enterprises regarding competition issues in Greece and the EU. Our expertise in this specialization includes:

  • Representation of clients in cases of dominance abuse and claims based on anti-competitive behavior
  • Representation of clients before the Hellenic Competition Commission and the Directorate General for Competition of the European Commission
  • Elaboration of appropriate business strategies with a view to facilitating compliance with the antitrust and competition implications of various business agreements and transactions
  • Advising on state aid law cases and designing state aid law schemes
DepartmentNameEmailTelephone
Energy Law - EU Competition Law Professor Antonios Metaxasadministration@metaxaslaw.gr+302103390748
Corporate Law - Tax Law Stathis Kakounisadministration@metaxaslaw.gr+302103390748
Sophia Ganiatsou : Executive Manager
English
German
French
Spanish
Athens Bar Association

KEY CLIENTS

ADMIE S.A. – Independent Power Transmission System Operator
DESFA S.A. – Hellenic Gas Transmission System Operator
ENEL GREEN POWER HELLAS S.A.
ELPEDISON S.A. – Major electricity production and supply company
AIOLOS AEROTECHNIKI S.A.
REDEN SOLAR 2020, S.A.S.
HELLENIC HYDROCARBON RESOURCES MANAGEMENT S.A.
GEN-I GROUP/GEN-I ATHENS
INTERENERGO d.o.o.
PANHELLENIC ASSOCIATION OF PHOTOVOLTAIC POWER PRODUCERS
VOURDOUBAS ENERGEIAKI M.E.P.E
HELLENIC PETROLEUM S.A.
PETROGAZ ENERGY S.A.
ENTEKA S.A.
SELECTED VOLT S.A.
Clusters of RES producers in Greece
Cluster of Industrial Clients
Cluster of Industrial Electricity Consumers
TELINT LTD
HERACLES S.A. – General Cement Company
HELLENIC REPUBLIC – MINISTRY OF DEFENCE
SYSTEMS SUNLIGHT S.A.
SCHUR FLEXIBLES S.A
PRISMA S.A.
PPC S.A.- Public Power Corporation
ELINA PAPER MILLS S.A.
SELECTED TEXTILES S.A.
VARVARESSOS S.A.


COMPANY/FIRM: Metaxas and Associates
TESTIMONIAL: “We have been receiving consulting legal services by Metaxas & Associates in cases where we needed expertise in Energy Law in regard to the EU regulatory framework, and I have to say that I am delighted to have worked with them. They have been very efficient in their work in a level that was closer to European standards. Professor Metaxas’ expertise in Energy regulation has been impressive and I find that his academic background made a difference in the depth of consultation we received from them. It shall be highlighted that our perfect collaboration with Metaxas & Associates during Covid-19 pandemic remains unchanged, as our digital communication has been very direct and efficient.”


COMPANY/FIRM: Metaxas and Associates
TESTIMONIAL: “We have been cooperating with M&A primarily in relation to issues associated to Energy Law and regulation. I think that their service towards us was excellent. Their staff has been most cooperative, and I was surprised to see a high level of knowledge on Energy Law across the board of associates I have been cooperating with. In general, I cooperated largely with professor Metaxas and with Stathis Kakounis. Mr Kakounis is really a top-quality legal expert in Energy Law, and I would definitely recommend him. Having also the personal participation of Professor Metaxas has been really good, as his expertise is truly impressive and crucial to our needs. This is a highly skilled team of experts in this field.”


COMPANY/FIRM: Metaxas and Associates
TESTIMONIAL: “In the course of the year, we have worked with other firms on issues other than Energy Law. The good thing with M&A is that they specialize in very specific areas of the law so when it comes to energy regulation, both on national as well as EU level, one feels that they are the experts you need to cooperate with. They are my first choice in the field. I would definitely recommend them.”


COMPANY/FIRM: Metaxas and Associates
TESTIMONIAL: “We keep our business with M&A when it comes to Competition and EU law issues because we trust exactly the fact that they excel in these areas of the law. As far as Competition law goes, they are the firm to go if you need top expert legal advice. In general, I cooperated largely with Professor Metaxas and with Yiannis Floros. Mr. Floros is really a top-quality legal expert in State Aid and Competition Law, and I would definitely recommend him. Having also the personal participation of Professor Metaxas has been really good because his expertise is truly impressive and crucial for our needs. This is a highly skilled team of experts in this field.”


COMPANY/FIRM: Metaxas and Associates
TESTIMONIAL: “Metaxas & Associates provided legal advice whenever we had to face cases of Competition disputes connected to EU law. I have the best opinion about the M&A team after having worked with them. I felt they do high-quality, detailed work, they are true experts as far as State Aid and Competition Law goes, and that they approach their practice in a really professional and client-oriented manner. The whole team has been excellent, we got top advice, and Professor Metaxas has managed to assemble a team of really good experts that makes you feel secure that you are being treated by one of the best legal teams in EU law matters in the country.”


COMPANY/FIRM: Metaxas and Associates
TESTIMONIAL: “Metaxas & Associates provided legal advice whenever we had to face cases of Competition disputes connected to EU law. I have the best opinion about the M&A team after having worked with them. I felt they do high-quality, detailed work, they are true experts as far as State Aid and Competition Law goes, and that they approach their practice in a really professional and client-oriented manner. The whole team has been excellent, we got top advice, and Professor Metaxas has managed to assemble a team of really good experts that makes you feel secure that you are being treated by one of the best legal teams in EU law matters in the country.”


Diversity. Inclusion. They’re more than just words for us. They’re the hard-and-fast principles guiding how we build our team, cultivate leaders and create a company that’s the right fit for every individual. We have a global, multicultural following—we aim to reflect that in our firm. We believe diversity drives innovation. So we’re building a culture where difference is valued. We’re always growing our network of people, programs and tools, all designed to help employees self-develop and manage their careers. Our Diversity & Inclusion program has three main goals:

  • Attracting & Onboarding – create a workforce broadly reflective of the larger community.
  • Engaging & Developing – support employees in building the skills and capacity to work in an inclusive manner as a team.
  • Building the Culture – build a welcoming workplace in which employees recognize that their unique characteristics, skills and experiences are respected, remunerated and celebrated.

In addition, gender balance is one of our firm’s primary values as we strongly support the significance of different points of view. As an example 60% of our firm’s lawyers are women. We embrace and treat employees equally regardless of age, gender, disability, culture, sexuality or anything equivalent.
From building a mentality where all employees can bring their best selves to work, to deploying diversity initiatives that support everyone, we’re doing what it takes to create an inclusive world for all.

Professor Dr. Antonis Metaxas, Managing Partner, Metaxas and Associates

Managing Partner of M&A Law Firm, Professor Dr. A. Metaxas, shares his opinions on the evolution of Greek legal practice, the Firm’s successful strategies and the challenges forthcoming.

What do you see as the main points that differentiate Metaxas and Associates from your competitors?

Our Firm’s distinctive feature lies in our continuous effort to combine high level academic knowledge with practical expertise in carefully selected practice areas. We have a clearly defined focus on concrete practice areas and do not aspire to be expert in all fields of legal practice. We believe that those who claim being experts in everything, simply do not understand the necessary radical adjustments and adaptations of our profession in today’s changing business landscape. We are proud of being widely recognized as the leading pioneers in the Greek legal market in the field of Energy and Energy Regulation. We are also acknowledged as perhaps the first Law Firm that systematically indicated the necessity to serve clients’ needs through the scope of possibilities that the close interdependence between national legal orders and EU Law provides.

We are not affirmed or defined by comparing ourselves to someone else. There are a lot of firms out there that are wonderful at what they do, and that is great for them. In a manner, we, are unique. We produce insights that produce results. We are a law firm that has National if not European-class insight on various topics, whether it’s a complicated Energy Regulation issue, a large State Aid project or a dispute on Corporate matters, we have insights, but we also have the ability to take the insights and help our clients execute on them. This is a unique capability and we do claim it.

In this sense, it indeed does not come as a surprise that your reputable Guide has qualified our Firm as top tier in the field of Energy, EU and Competition Law. We guide our practices with strong values and we stay committed to our clientele’s demanding needs, a mind-set that allows us to be at the forefront of achievements.

Our mentality aims on success while staying true to our work ethics of accountability, professionalism, trust and mutual respect. Our objective is to build long lasting relationship with our clients and act not only as their legal advisors but also support them with all their commercial needs and exceed their expectations. To do so, we have developed the necessary processes and systems to collect feedback, listen and understand their business objectives in order to improve the way we work with them, thus act in a more efficient way.

The primary source of our success is credited to our powerful workforce. Our team is consisted of greatly experienced lawyers with a strong resume of challenging cases. Thus, we focus on recruiting and developing the optimum candidates. We operate in an open and collegiate environment, and we encourage constructive feedback. Our ultimate goal is to keep improving our style of service.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

Despite the surely devastating effects of Covid-19 in the global economy that are yet to come, there are continuous investments on Renewable Energy Sources (RES). It is a trend that is in line with the main strategic goal of the EU, which, in the context of the recovery plan and economic transformation in post-pandemic era, will focus on the energy transition towards a greener, circular and climate-neutral economy.

This gradual growth of the “green” energy market in Greece is currently reflected in the new agreements, acquisitions of wind and photovoltaic parks portfolios, as well as in new technological investments and offshore wind and energy storage, for which the institutional framework is expected to be finalized within the year 2022. Electric power grid modernization, challenges for the mass “greening” of islands and the simplification and acceleration of RES licensing procedures, constitute important prerequisites for the efficient exploitation of investments. Therefore, the main challenge that the energy policy is facing today, following the new context and status created by the pandemic, and the war in Ukraine is structuring the key priorities to achieve the European Green Deal and Europe’s green energy transition, as well as the emphasis on targeted investment initiatives of green growth.

The successful legal practice of M&A before both the Greek Regulatory Authority for Energy and national courts has significantly transformed pricing standards of electricity in favour of the Greek industrial clients, thereby achieving a systemic change in this central policy field. Our law firm has built a strong reputation for representing RES companies before national courts as well as the European Commission (DG COMP), thus is ready to devote to these new challenges and maintain our place as a top tier firm in Energy Law.

What’s the main change you’ve made in the firm that will benefit clients?

M&A Law Firm is constantly trying to keep up with the international changes and developments.

First of all, we have enhanced our working personnel with highly skilled Associates from diverse backgrounds in order to succeed a spherical view for every matter concerning our Firm’s fields of expertise. Determined to provide full services to our clients, we have expanded our dispute resolution team with a Senior Associate highly specialized in ADR in the energy sector, and overpowered our team with a skilled Associate with a high focus on energy taxation matters.

Furthermore, we are continuously aiming to improve our working conditions and space in order to accomplish the optimum environment for our workforce. Therefore in 2022 we updated our software, logistics and technological equipment.

Last, but not least we have adjusted our fee policy to meet our clients’ individual needs in the current disruptive financial circumstances.

Is technology changing the way you interact with your clients, and the services you can provide them?

In this digital age, it is imperative to stay up to date with the best technology to serve your customers efficiently. This digital adjustment became mandatory due to the outbreak of Covid-19.

Our Law Firm has long before invested in a fully digitalized system for teleconferences and relevant system automatization in order to communicate and further cooperate with our corporate clients by using a series of online platforms, such as Zoom, Microsoft Teams or Skype. It is of our core priorities to understand the importance of resourcing innovative ideas and developing more technologically-friendly tools to assist our clientele. Therefore, we are fully prepared to serve our clients’ needs, while adopting remote working patterns (Cloud usage) and enabling efficient working conditions for our Partners, Associates and Administration personnel.

In addition, we emphasize a lot on our social media presence, since we strongly believe that it is a highly effective tool to showcase our legal and academic work and achieve a broad communication with our audience. Our Firm’s goal is to grow our network and become an acknowledged legal force even outside of national borders and, thus, we believe technology is the key for this achievement.

Can you give us a practical example of how you have helped a client to add value to their business?

Our Firm acts as legal advisor for a variety of national and foreign electricity producers, suppliers and developers as well as international investors. We support our international clients with market insights and useful advice in order to assist them in achieving their goals and benefit from their investments.

To be more specific, a leading energy company active in the Biodiesel market, only recently granted us the mandate to provide legal consulting and guidance on complex regulatory issues regarding biogas’ production costs.

Also we acted as legal and regulatory advisors for a foreign multinational investor and developer in offshore wind parks, a submarket in the broader field of Renewables that is expected to substantially develop this year in Greece.

And Metaxas & Associates successfully represented its client, a leading Greek electricity supplier, in its dispute on substantial regulatory issues with the Hellenic Electricity Distribution Network Operator S.A. before the Greek Regulatory Authority for Energy (RAE) in respect of the provision of public service obligations.

In this context, our insightful input on all above had a substantial impact on the value of our client’s business. And these are but indicative examples of how we bring added value to our clients.

Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

Our Firm has further consolidated its leading status in the Greek Legal Market, especially in the practice of Energy where it is regarded as perhaps “the” leading Law Firm of the country. As already mentioned, our distinctive feature lies on our clear strategic orientation of excellence in the selected fields of our specialization: Energy and EU Competition Law, our commitment to client service and diversity among our attorneys and staff, characteristics that have been recognized repeatedly over the years.

It is noteworthy that clients always look for stability and strategic direction. Our client’s loyalty is one of the most important factors highlighting the highly acknowledged position of our Firm. We are indeed proud for having achieved this bond and commitment.