Firm Profile > Watson Farley & Williams – Greek Branch > Athens, Greece

Watson Farley & Williams – Greek Branch
6TH FLOOR, NEOPHYTOU VAMVA 4
KOLONAKI 106 - 74
ATHENS
Greece

Shipping finance Tier 1

Watson Farley & Williams – Greek Branch acts for both financiers and borrowers in Greek and English law matters, leveraging its ‘deep specialisation in shipping finance'. Department head George Paleokrassas is an expert in the structuring and restructuring of loans, shipping loan portfolio transactions, shipbuilding projects, leasing transactions, long-term charter arrangements and transactions involving distressed assets. His team recently gained a new partner in Marsila Karpida, a transfer from the firm’s New York office who focuses on loan and security documentation, shareholders' and investors' agreements, and shipbuilding contracts. Senior associate Christina Giagka is also noted. Konstantinos Mexias departed to Ince in January 2021.

Practice head(s):

George Paleokrassas

Other key lawyers:

Marsila Karpida; Alexandra Michalopoulos; Alexia Hatzimichalis; Alexandros Damianidis; Christina Giagka

Testimonials

‘George Paleokrassas, Alexandros Damianidis and Christina Giagka have great knowledge of the subject area, and are hardworking and commercially minded.’

‘Deep specialisation in shipping finance with long experience in the sector and an extensive team of top professionals.’

‘Competent, committed, friendly, available, efficient and hardworking.’

‘Professional and diligent legal advice and support.’

‘Knowledgeable and very capable.’

‘The team is characterised by its professionalism and excellent knowledge of market trends and new regulations. The team always performs excellently under strict deadlines.’

‘The management of the team and the associates (including George Paleokrassas, Alexia Hatzimichalis, Christina Giagka and many others) are very experienced in ship financing, and always seek to advise on all possibilities regarding a specific matter, covering all the aspects that may arise. Their work is always well-structured and accurate and they are willing to offer their advice and assistance whenever it is required.’

‘Deep understanding of the customer’s business and needs, disciplined approach and a focus on results.’

Key clients

Danaos Corporation

HSBC Bank plc

EnTrust Global

Star Bulk

Deutsche Bank

Hellenic Bank

HSH Nordbank

Korea Development Bank

SKANDINAVISKA ENSKILDA BANKEN AB (SEB)

Credit Suisse

Credit Agricole Corporate and Investment Bank

DNB Bank ASA

Bank of Cyprus

Shipping litigation Tier 1

Watson Farley & Williams – Greek Branch fields a shipping practice with a strong track record in shipbuilding, sale, transaction contract, charterparty, cargo sale, international sanction, bill of lading and marine insurance claims. George Paleokrassas chairs the department together with Antonis Lagadianos, who spreads his expertise across casualty, MOA, contractual and admiralty disputes. A further key name is George Iatridis, who has a history of acting on contentious enforcement and foreclosure, marine pollution and accident at sea mandates on behalf of a client roster of P&I clubs, banks, insurers and ship owners.

Practice head(s):

Antonis Lagadianos; George Paleokrassas

Other key lawyers:

Evangelos Catsambas; George Iatridis

Key clients

Danaos Corporation

Starbulk S.A.

Technomar Shipping Inc

Cyprus Sea Lines Co Ltd

TMS Bulkers/Tankers Ltd

Navios Shipmanagement Inc.

Eurobulk Ltd

Equinox Maritime Ltd.

Indagro S.A.

Gard P. & I. (Bermuda) Ltd.

UK Defence Club / UK P&I Club

The London Club

Banking, finance and capital markets Tier 2

With the capacity to advise on both English and Greek law, Watson Farley & Williams – Greek Branch has excellent experience in asset finance, namely maritime and aviation finance, and project finance, where it advises on energy and infrastructure-related schemes. The practice also has expertise in banking regulatory matters such as confidentiality, report obligation and terms of business issues. Virginia Murray, Marisetta Marcopoulou, George Paleokrassas and Nikolaos Kostikas jointly lead the department, which also advises banks and NPL funds on large performing and non-performing portfolio transactions, with the additional capacity to advise on capital markets, corporate finance, lease financing, secured lending and refinancing mandates.

Practice head(s):

Virginia Murray; Nikolaos Kostikas; Marisetta Marcopoulou; George Paleokrassas

Key clients

DANAOS

National Bank of Greece S.A.

Total Eren Group

UniCredit Bank AG

DVB Bank SE – Athens Branch

RBS Plc

ING

DNB

HSBC France – Greece

CACIB

Alpha Bank

Energy Tier 2

Clients note Watson Farley & Williams – Greek Branch’s ‘strong experience in the renewable energy sector’ and expertise in energy investments and projects as its key distinguishing features. Headed by Virginia Murray, a transactions and acquisitions expert, the team supports clients at every stage of major projects, handling licensing, supply, financing and operational issues. At the junior end, senior associate Maira Galani provides the group with specialist knowledge of energy-related M&A, regulations and environmental law.

Practice head(s):

Virginia Murray

Other key lawyers:

Maira Galani; Marisetta Marcopoulou

Testimonials

‘The team is excellent in providing high-quality services in the field of energy law. It has deep knowledge and vast experience in all the relevant fields and especially those relating to private contracts for energy investments and projects.’

‘Virginia Murray is the perfect combination of a overseas lawyer who has effectively entered the Greek environment. She can provide valuable advice and support, looking matters from diverse points of view. Apart form Virginia, I have deep respect for the effectiveness and commitment of Marisetta Marcopoulou.’

‘Watson Farley & Williams stands out for its strong experience in the renewable energy sector and the constant availability of the team.’

‘We particularly appreciate the flexibility, availability and practical advice of Virginia Murray.’

Key clients

TOTAL EREN SA

EDF EN

EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT

ALPHA BANK SA

JASPER WIND HELLAS SA

EMERGYA WIND TECHNOLOGIES (EWT)

547 ENERGY (QUANTUM ENERGY CAPITAL)

RF ENERGY SA

BAYWA R.E.

CUBICO SUSTAINABLE INVESTMENTS LIMITED (UK)

EUNICE ENERGY GROUP

THEMELI SA

NATIONAL BANK OF GREECE SA

METKA EGN LIMITED

CANTREVA SA

Commercial, corporate and M&A Tier 3

Watson Farley & Williams – Greek Branch’s practice is headed by Virginia Murray, an M&A specialist who is active in the insurance, natural resources, hotel, banking and pharmaceutical industries. Transactions in the energy sector have also been a driving force for the department over the past 12 months. A key differentiator for the team is its ability to provide English law advice directly from its Athens office. Further areas of expertise include joint ventures, corporate establishment and operations, public law and regulatory matters.

Practice head(s):

Virginia Murray

Other key lawyers:

Marisetta Marcopoulou; Nikolaos Kostikas

Key clients

Cubico Sustainable Investments Limited

RF Energy SA

METKA EGN

National Bank of Greece

Star Bulk

EDF EN SA

Total Eren

Hochland AG

Lampsa Hotels (Hellas) SA

547 Energy Investments

EWT Emergya Wind Technologies