Norton Rose Fulbright > Athens, Greece > Firm Profile

Norton Rose Fulbright
BUILDING K1, 1 PALEA LEOFOROS POSIDONOS & 3 MORAITINI STREET
175 01 DELTA PALAIO FALIRO
ATHENS
Greece

Greece > Restructuring and insolvency Tier 1

Norton Rose Fulbright advises major global financial institutions on a wide array of matters, with particular emphasis placed on restructurings. The group’s experience includes the restructuring of existing loans, issuance of new loans, debt and equity swaps, public tender offers and delistings. With its wide-ranging sector expertise, the group fields a versatile practice, including matters from the shipping, energy and real estate sectors. In addition to its restructuring practice, the team also acts on insolvency matters, regularly overseeing reorganisations, special liquidations, creditor plans, bankruptcy and COMI. Athens and London-based Yianni Cheilas heads the practice and has extensive experience in representing lenders in restructurings, work-out arrangements and monitoring complex loans.

Practice head(s):

Yianni Cheilas

Other key lawyers:

Vassilis Koroxenidis; Dimitris Rampos; Georgios Palogos

Work highlights

    Greece > Shipping finance Tier 1

    Norton Rose Fulbright offers a standout practice, handling the full range of shipping finance matters for a mix of local and international clients. With broad geographical coverage, the firm is equipped to handle cross-border matters involving Germany, Switzerland, China, Korea, France, Australia, Singapore, Belgium and the United Kingdom. Its expertise encompasses competition issues, IPOs, maritime insurance and matters surrounding ports, infrastructure and energy. Recent highlights include its advice to Deutsche Bank and KfW in relation to the financing of a private shipping group with the intention of refinancing 15 tankers and dry bulk carriers, amounting to $250m. The practice is led by Athens and Monaco-based Dimitri Sofianopoulos. Yianni Cheilas, who divides his time between the Athens and London offices, is also a key contact.

    Practice head(s):

    Dimitri Sofianopoulos

    Other key lawyers:

    Yianni Cheilas; Vassili Koroxenidis; Evi Platsidaki

    Key clients

    Alpha Bank A.E.

    ABN AMRO Bank N.V.

    Piraeus Bank A.E.

    ING Bank N.V.

    HSBC Bank plc

    DVB Bank SE

    Nordea Bank Finland plc

    National Bank of Greece S.A.

    Eurobank Ergasias S.A.

    Credit Suisse AG

    Citigroup

    Skandinaviska Enskilda Bank (AB)

    Bank of America Merill Lynch

    Amsterdam Trade Bank N.V.

    National Australia Bank

    Korean Development Bank

    Fortress Credit Advisors LLC

    LMZ Shipping S.A.

    Safe Bulkers Inc.

    Fomentos Armadora S.A.

    Equinox Maritime Ltd.

    Latsco Shipping Limited

    Latsco LNG LLC

    Costamare Inc.

    Greece > Banking, finance and capital markets Tier 2

    With ‘the ability to provide both Greek and English law opinions, Norton Rose Fulbright offers a comprehensive service in banking, finance and capital markets matters. The team advises clients on both domestic and cross-border financings, collaborating with its banking lawyers from offices across the globe, including in Australia, Central Asia and Latin America. The practice is led by Dimitri Sofianopoulos, who is noted for his experience in asset finance and international capital markets transactions. Yianni Cheilas, who divides his time between the London and Athens offices, is also recommended, with expertise in international financial transactions, bond issuances, the sale of loan portfolios and securitisations.

    Practice head(s):

    Dimitri Sofianopoulos

    Other key lawyers:

    Yianni Cheilas; Vassilis Koroxenidis; Dimitris Rampos; Giannis Koukoulakis; Georgios Palogos; Sergios Karotsieris

    Testimonials

    ‘The firm has the ability to provide both Greek and English law opinions for very competitive fees. Excellent and in-depth knowledge of banking and finance law.’

    ‘Dimitris Rampos, Vassilis Koroxenidis and Sergios Karotsieris are highly skilled professionals.’

    ‘Very good knowledge of banking and finance law in the Greek market.’

    ‘Excellent collaboration and deep knowledge.’

    Key clients

    Alpha Bank A.E.

    Elpedison S.A.

    European Bank for Reconstruction and Development (EBRD)

    Eurobank Ergasias S.A.

    European Investment Bank

    National Bank of Greece S.A.

    Piraeus Bank S.A.

    PPC Renewables S.A.

    Citigroup

    DNB NOR Bank

    Nordea Bank Finland plc

    Deutsche Bank

    KfW

    ING Bank N.V.

    Greece > Shipping litigation Tier 2

    Norton Rose Fulbright regularly advises clients under both Greek and English law, drawing on the experience of its sound team throughout Europe, Australia, Canada and the Middle East. Its practice represents clients in negotiations of shipbuilding contracts, ship sale and purchase agreements and dry docking agreements, as well as overseeing cargo recovery and defence and marine casualties. The experienced John Liberopoulos heads the practice. John Agapitos and Jenny Arkadi are also notable members of the team.

    Practice head(s):

    John Liberopoulos

    Other key lawyers:

    Key clients

    Costamare Inc

    Avin International SA

    Safe Bulkers Inc.

    Latsco Shipping Limited

    Empire Bulkers Limited

    Hellenic Carriers Corporation S.A.

    Arcadia Shipmanagement SA

    Atlas Maritime Inc.

    Alassia NewShips Management Inc.

    Cromar Insurance Brokers Ltd

    Safety Management Overseas AS

    Safe Bulkers Inc.

    DELTA Dynamics Marine LTD.

    International Trade SA

    Work highlights

    • Acted for and advised Arcadia Shipmanagement SA in relation to disputes arising under sale and purchase transactions.
    • Acted for Safe Bulkers Inc.  on a case relating to a charterparty dispute on late redelivery of a vessel with non-IMO 2020 compliant bunkers on board.
    • Advised International Trade SA on a claim against the owners and carriers under a “clean” Bill of Lading issued by the master of the vessel for a cargo of scrap metal that was delivered in a damaged condition.

    Greece > Commercial, corporate and M&A Tier 3

    Norton Rose Fulbright advises a range of local and international companies, both state-owned and private, as well as multinational financial institutions. Its primary focus lies on corporate and M&A transactions in the energy, transportation and infrastructure, financial services and insurance, and hospitality and real estate sectors. With experience handling matters under Greek and English law, the team frequently advises on international transactions. Elena Tsohou heads the practice, and has particular expertise in privatisations and M&A.

    Practice head(s):

    Elena Tsohou

    Other key lawyers:

    Vassilis Koroxenidis; Dimitri Sofianopoulos; Nikos Anagnostopoulos; Christina Korinthios; George Asimakopoulos

    Testimonials

    ‘The NRF Greece team always pick up on the smaller details that might be overlooked at first glance. I was given a sense of comfort by their attention to detail.’

    ‘The team has a strong knowledge of the granularities of Greek corporate law. This was particularly valuable when drafting corporate and transaction documentation.’

    Key clients

    Piraeus Bank S.A.

    Makios Logistics

    Aquila Capital Real Assets Investment Verwaltungsgesellschaft mbH

    Bausch Health Group

    Aquila Capital Real Assets Investment Verwaltungsgesellschaft mbH

    El Sewedy Electric

    Elpedison S.A.

    Massar Investments LLC

    Akazoo S.A.

    Greece > Real estate and construction Tier 3

    Norton Rose Fulbright's excellent team is adept at handling complex matters for high-profile clients, such as real estate investments, development projects, finance transactions, landlord and tenant work and litigation. It is advising the Greek subsidiary of German energy major RWE Renewables on land issues associated with a contemplated joint venture with PPCR to develop and operate solar farms in Northern Greece. The practice is led by Elena Tsohou.

    Practice head(s):

    Elena Tsohou

    Other key lawyers:

    Vassilis Koroxenidis; Dimitris Rampos; Nikos Anagnostopoulos-Gioussas

    Key clients

    RWE Renewables

    National Bank of Greece

    Bank Leumi (UK) Ltd.

    Terna Energy

    Voltalia Hellas

    The firm: Norton Rose Fulbright is a global law firm. It provides the world’s pre-eminent corporations and financial institutions with a full business law service. It has more than 4,000 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.

    Areas of practice: Recognised for its industry focus, the firm is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, it leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide its clients with practical solutions to the legal and regulatory risks facing their businesses.

    Wherever the firm is, it operates in accordance with its global business principles of quality, unity and integrity. It aims to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

    Norton Rose Fulbright Verein, a Swiss verein, helps co-ordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.

    DepartmentNameEmailTelephone
    Financial institutions James Bateson
    Energy Charles Whitney
    Infrastructure, mining and commodities Dirk Trautmann
    Transport Harry Theochari
    Technology and innovation Sean Murphy
    Life sciences and healthcare Huw Evans
    Number of partners (worldwide) : 1,200+
    Number of other fee-earners (worldwide) : 3,000+
    Total staff : 7,500+
    Other offices : Amsterdam
    Other offices : Austin
    Other offices : Bahrain
    Other offices : Bangkok
    Other offices : Beijing
    Other offices : Bogotá
    Other offices : Brisbane
    Other offices : Brussels
    Other offices : Calgary
    Other offices : Canberra
    Other offices : Cape Town
    Other offices : Caracas
    Other offices : Casablanca
    Other offices : Dallas
    Other offices : Dar es Salaam
    Other offices : Denver
    Other offices : Dubai
    Other offices : Durban
    Other offices : Frankfurt
    Other offices : Hamburg
    Other offices : Hong Kong
    Other offices : Houston
    Other offices : Istanbul
    Other offices : Jakarta (in association with Norton Rose Fulbright Australia)
    Other offices : Johannesburg
    Other offices : London
    Other offices : Los Angeles
    Other offices : Luxembourg
    Other offices : Melbourne
    Other offices : Mexico City
    Other offices : Milan
    Other offices : Minneapolis
    Other offices : Monaco
    Other offices : Montréal
    Other offices : Moscow
    Other offices : Munich
    Other offices : New York
    Other offices : Ottawa
    Other offices : Paris
    Other offices : Perth
    Other offices : Piraeus
    Other offices : Port Moresby
    Other offices : Québec
    Other offices : Rio de Janeiro
    Other offices : Riyadh (in association with Mohammed Al-Ghamdi Law Firm)
    Other offices : San Antonio
    Other offices : San Francisco
    Other offices : São Paulo
    Other offices : Shanghai
    Other offices : Singapore
    Other offices : St Louis
    Other offices : Sydney
    Other offices : Tokyo
    Other offices : Toronto
    Other offices : Vancouver
    Other offices : Warsaw
    Other offices : Washington, DC
    Other offices : In Africa, it has alliances with firms in Kenya, Uganda, Burundi and Zimbabwe.