Firm Profile > Masouros & Partners > Athens, Greece

Masouros & Partners
4 Dimokritou Street
106 71 Athens - Greece
Greece

Commercial, corporate and M&A Tier 2

Clients of Masouros & Partners frequently cite the team’s proficiency in ‘cross-border matters’ and mandates spanning multiple jurisdictions are a keystone of the department, as its lawyers specialise in English language document drafting and have a reputation as the ‘go-to firm for Greek-Dutch work’. The team's workload spans the full array of corporate and M&A matters, including share and asset acquisitions, spin-offs and reorganisations. The ‘brilliant and inventivePavlos Masouros heads the department, which is particularly active in the hotel and tourism, energy and pharmaceutical sectors.

Practice head(s):

Pavlos Masouros

Other key lawyers:

Prokopis latropoulos; Nelly Peraki

Testimonials

‘We were impressed by the fact that unlike other law firms we used in the past, Masouros was able to advise us on the spot in relation to other jurisdictions. It was obvious they had dealt with cross-border matters before and were ready to act.’

‘Pavlos Masouros is the key individual within this practice. He is available 24/7, and always ready to provide actionable advice. Most importantly, having him on your side in a case makes you feel comfortable in otherwise very worrying situations; from the moment on we took him on board I had no doubt we would succeed in our case and we did.’

‘Masouros remains the traditional go-to firm for Greek-Dutch work. It is the only Greek law firm that fully understands the challenges that Dutch businesses face when doing business in Greece and the challenges Greek businesses face when doing business in the Netherlands.’

‘Pavlos Masouros is a well-respected figure for corporate law in Greece and enjoys an excellent reputation in the Netherlands for all things Greek. He has been practising at the top of his profession for many years and he is at his best in M&A. We would not change him for anything.’

Masouros & Partners is what I call a special counsel in that they deal with unusual situations that the army of associates that typical large law firms throw at a case cannot deal with. Instructing them on a matter means you get a brilliant partner focusing on your case right from start to the end.’

‘No one anywhere in the Greek market rivals Pavlos Masouros in corporate law. He is a legal genius and will produce a different document for every new deal, when others just fill in the blanks of a template.’

‘This is one of the most internationally oriented Greek law firms, with impeccable command of the English language and an excellent case management system akin to a Magic Circle firm. We have been using their services for years for anything Greek with a cross-border element.’

‘Pavlos Masouros is a brilliant and inventive lawyer, particularly in M&A transactions. He has massive experience in deal-making and is comfortable with deals of any size and kind, no matter the complexity. We are impressed by the depth and breadth of his legal knowledge and second-to-none deal-making skills.’

Key clients

Tentamus Analytics GmbH

Public Power Corporation S.A.

Juul Labs, Inc.

Deutsche Bank

Hilton Hotels Corporation

Levi Strauss Hellas S.A.

Movi Health GmbH

Raptor Resources Ltd

Four Seasons Hotel Limited

Fortive Corporation

Viva Wallet S.A.

Masouros & Partners is a law firm headquartered in Athens with an international office in The Hague focusing exclusively on sophisticated capital and specializing in corporate law and M&A.

The firm is consistently ranked by Chambers Global as the only Greek law firm with foreign expertise (2017, 2018, 2019 and 2020), while it has also received a number of awards for its M&A and corporate capabilities (e.g. 2019 ‘M&A Law Firm of the Year’ by CorpINTL, 2019 ‘M&A Law Firm of the Year’ by the Business Excellence Awards, 2019 ‘Corporate Lawyer of the Year’ by AcquisitionINTL, 2020 ‘Most Outstanding Corporate Transactions Law Firm’ by Acquisition INTL).

Masouros & Partners advises routinely private equity funds in relation to Greek (public and private) M&A, while it is also involved in big ticket corporate litigation and M&A arbitration in Greece and beyond. The firm has a ‘best friends’ relationship with a good number of major US and UK law firms and is also a traditional advisor for Dutch clients doing business in Greece.

Department Name Email Telephone
Corporate/M&A Pavlos Masouros pavlos.masouros@masouros.com +302103613694
Photo Name Position Profile
Ass Prof Pavlos Masouros  photo Ass Prof Pavlos Masouros Managing Partner
English
German
Dutch
French
Other offices : The Hague

Pavlos Masouros, Managing Partner

Managing Partner, Pavlos Masouros, explains how the firm stands out from competition and what the trends are in corporate deal-making ahead

What do you see as the main points that differentiate Masouros & Partners from your competitors?

Our strategy is to be a one-stop shop for deals, concentrating on high-stakes corporate situations and servicing sophisticated capital only. Rather than taking in run-on-the-mill legal matters, we emphasize transactional representation; we don’t do across-the-board general representation for clients, but we stay focused on advising them on specific matters that fall within our core area of expertise, that is Corporate/M&A.

In line with its culture to act as special counsel for corporate matters, the work at Masouros & Partners is very partner-heavy; partners do not have an army of associates to foist work onto, this is not part of our culture.

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

The impact that the Covid-19 crisis shall have on the Greek economy means that we’ll see many more distressed deals. Corporate reorganizations, NPL buyouts shall definitely be on the rise, but many players will likely seek to strengthen their position by banding together with competitors, so we expect to see many M&A deals too. The structures in the M&A deals to come will be riskier, messier, as the merging parties shall seek to hedge against the uncertainties that lie ahead; so we expect to see many earnout arrangements instead of straightforward cold, hard, cash as the currency of takeovers.

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

We have developed in-house with the help of AI apps a process that allow us to handle much quicker massive data involved in legal due diligence exercises. Instead of spending endless hours on traditional LDD review of documents, our in-house, tailor-made, software tool allows us to be more efficient and move quickly to the critical parts of deal-making, that is drafting and negotiating the agreements.

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

It goes without saying that in the Covid and post-Covid era technology is key to the kind of service a law firm can offer to a client. As we have always had a predominantly foreign, non-Greek, clientele we are used to using technology to communicate with clients, so there’s no ‘Covid transition’ for us.

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

In 2018 a client came to us on the verge of bankruptcy. A mountain of debt suffocated the business and banks were threatening with auctions; we went to the banks within a week with a plan to convert 55% of the debt into cumulative preferred stock. The banks flatly refused and with the help of English Counsel we quickly put together a draft scheme of arrangement, which could cram the plan down on the banks. With the threat of scheme of arrangement hanging there, the banks accepted our suggested workout. Using an English scheme of arrangement for a failing Greek business would be a first, as far as we know, so we like to think we’ve been very innovative with this one.

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

Our small size insulates us from downturns, which have become very common in the Greek economy in the past decade or so. We intend to keep it this way. Small is stable for clients, as it guarantees that they will likely be serviced by the same team in their next deal. If you’re good at what you do and you do the best job you can, there will always be people who come to you.