ForefrontHighlights
Pro bono legal representation to eight minors who were victims of abuse, coercion, and endangerment
As part of our firm’s commitment to ESG principles, the POTAMITISVEKRIS criminal law team provided pro bono legal representation before the First-Instance Criminal Court of Athens to eight minors who were victims of abuse, duress and endangerment. These minors were former residents of the renowned child protection foundation “Ark of the World” (“Kivotos”).
On November 14, 2024, after an extensive judicial process, five individuals—including the foundation’s prominent founder—were convicted on multiple charges. This outcome marks a pivotal judgment in the realm of child protection and the oversight of institutions tasked with caring for vulnerable minors.
Our team included Konstantinos Papadiamantis (Partner), Natalia Chrisagi (Senior Associate), Andreas Matsakas (Associate), and Evgenia Kordou (Associate).
This decision underscores the importance of safeguarding children’s rights and ensuring accountability within institutions designed to provide care and protection.
POTAMITISVEKRIS acted as lender’s legal advisor to NATIONAL BANK OF GREECE S.A. (NBG) on a landmark project in relation to a wind park portfolio exceeding 400MW
POTAMITISVEKRIS acted as lender’s legal advisor to NATIONAL BANK OF GREECE S.A. (NBG) on a landmark project financing spanning over the past two years in relation to a wind park portfolio exceeding 400MW sponsored by Aer Soléir (a subsidiary of US multinationals Quantum Capital Group and 547 Energy). With a total investment cost expected to reach €1 billion, the project will be co-financed by funds from the Recovery and Resilience Fund (RRF) and is expected to be fully operational by 2026. The clean electricity that will be produced by the project is sufficient to supply 200,000 households annually.
Our dedicated project finance team, led by partners Euripides Ioannou and Anthea Terlegas and supported by senior associates Nikolaos Kampantais and Sophia Thanou, advised NBG on all aspects of this complex transaction, which included the design and implementation of an innovative contractual mechanism addressing the uncertain timing of the deployment of RRF funds and the subsequent incorporation into the transaction structure of power purchase agreements concluded with Amazon as offtaker.
The significance of the collaboration of Aer Soléir, NBG and Amazon on this emblematic investment, which in the long term is expected to create substantial economic benefits for Greece, was emphasised during Amazon’s “AWS Day powered by Logicom” conference, held in Athens, on Tuesday 19 November, at the “Hellenic World” Cultural Center, in the presence of the Minister of Environment and Energy, Mr. Theodore Skylakakis
POTAMITISVEKRIS is honoured to have contributed to the accomplishment of this major achievement and warmly congratulates all parties involved in this process.
Concession agreement for Attica Motorway
Dimitris Loukas and associate Athanasios Taliadouros advised GEK Terna SA, Greece’s leading group of companies in the construction, infrastructure, energy utilities, waste management and real estate sectors, in relation to the HCC’s merger control approval process concerning its acquisition of control over the business activity of Attica Motorway, following the signing of a concession agreement for the financing, operation, maintenance and exploitation of Attica Motorway (Attiki Odos) for a period of 25 years pursuant to an international tender process. The team also advised GEK TERNA SA in relation to the granting by the HCC of a derogation from the obligation to suspend implementation of the transaction pending the approval process, in view of special circumstances warranting the early execution of the agreement for public interest and consumer welfare considerations.
Acquisition in the gambling & betting services sectors
Dimitris Loukas and team advised Apollo Capital Management (Apollo Funds), a leading provider of alternative asset management and retirement solutions globally, in relation to the HCC’s merger control approval process concerning its acquisition over IGT Gaming (a global gaming and play-digital services provider) and over Everi (a global gaming and fintech provider).
Acquisition in the private clinics sector
Dimitris Loukas and associate Athanasios Taliadouros advised IMITHEA, owner of the Henry Dunant hospital, in relation to the HCC’s merger control approval process for its acquisition of control over a number of private hospital clinics, rehabilitation centers and other holdings of the EUROMEDICA healthcare group.
POTAMITISVEKRIS has recently acted as legal advisor in the drafting and negotiation of asset management agreements and service level agreements for real estate asset portfolios
We are pleased to announce that POTAMITISVEKRIS has recently acted as legal advisor in the drafting and negotiation of asset management agreements and service level agreements for real estate asset portfolios.
Our Partner Alexander Metallinos, supported by Associate Lucy Levi, assisted Eurobank S.A. and Eurobank Leasing Single Member SA in concluding the 2nd Service Level Agreement with Cerved Property Services Single Member SA regarding the management of Eurobank Group’s real estate portfolio. This agreement marks the continuation of the longstanding cooperation between Eurobank Group and Cerved Property Services, enhancing a wide range of services that have been successfully provided since 2019.
Furthermore, our Partner Theologos Mintzas, supported by Associate Elisabetta Lentsiou, advised one of the systemic banks on the successful execution of two service level agreements for the management of the credit institution’s repossessed real estate assets with two separate asset managers. In addition, Theologos Mintzas and Elisabetta Lentsiou assisted an investment management firm with the successful execution of an asset management agreement, ensuring the effective day-to-day strategic management of a portfolio of assets owned by a Greek systemic bank.
POTAMITISVEKRIS’ involvement in these transactions highlights the trust our clients place in our expertise and our ability to manage complex and prolonged negotiations.
Alexandros Kortesis at the 3rd Health Law & Policies Conference
The partner of our Life Science and Healthcare practice, Alexandros Kortesis will participate in the 3rd Health Law & Policies Conference, organised by NOMIKI BIBLIOTHIKI , on November 12th. During his presentation, Alexandros will raise key issues regarding the new regulatory and jurisprudential data on the pricing and reimbursement of medicines and medical devices.
During the conference, distinguished speakers from the legal, academic, and business sector will address the critical challenges of the complex and constantly changing health sector.
For more information and registration: Link
POTAMITISVEKRIS, the Greek counsel to Blackstone and HIP in the acquisition of the owning company of Grand Hyatt
We’re proud to announce that our firm served as Greek counsel to Blackstone and HIP in the landmark acquisition of the owning company of Grand Hyatt—one of the largest transactions in the Greek hotel sector in recent years. This achievement is a testament to our team’s dedication and deep expertise in the hotel industry and the broader real estate sector.
The transaction was led by Partner Theologos Mintzas, supported by Associate Marina Fyrigou Koulouri. Partner Dimitris Loukas managed the notification to the Hellenic Competition Commission, supported by Senior Associate Athanasios Taliadouros. Partner Alexandros Metallinos spearheaded the financial aspects, with the assistance of Associate Nikos Stefas. Spiros Tassis led the data privacy components, supported by Senior Associate Panagiota Kelali, and Senior Associate Nikolas Sigkridis managed the employment law aspects, supported by Associate Yannis Ragos.
We extend our warmest thanks to all team members who contributed: Valia Anastasopoulou, Ilia Boura, Kassiani Flaouna, Virginia Kaklamanis, Konstantina Markomichali, Marianna Papandreou, Sofia Tsipouridi, Nikos Santas, and Glafki Setta. Their collective efforts were instrumental in ensuring the success of this significant transaction.
LatestInsights
A new update to our Environmental Case Law Tracker with a note on Decision 1296/2024 by the Greek Council of State addressing the extension…
Our head of TMT & Data Protection practice, partner Spiros Tassis will moderate a panel discussion during the 7th Compliance Conference, organised by Nomiki…
Theodora Souma, Senior Associate of our Litigation and Arbitration practice, will participate in the 5th Athens International Arbitration Forum, on Thursday, November 21st. Theodora…
Spiros Tassis, partner, and head of our TMT & Data Protection and Panagiota Kelali, Senior Associate, are invited to participate in one of the…
The partner heading our Tax practice, Aspasia Malliou, moderated a panel discussion for recent legal tax developments during the 20th Annual Tax Forum, organized…
Being the Secretariat of the (non – profit) Greek Tax Association, our Tax Partner Aspasia Malliou with the rest of the team had the…
Alexandros Metallinos (Partner) and Evangelia Natsi (Associate), share in REDinvest special edition a comprehensive viewpoint and legal insights about the reform of the Greek law in Real Estate Investment Companies (REICs) and the need for a new legislative framework that will be flexible, simple, modern and will offer tax advantages.
You can read the full article below:
https://www.potamitisvekris.com/wp-content/uploads/2024/09/Pages-38-39-FINAL.pdf
Our partner Alexandros Metallinos, will moderate a panel discussion during the 5th Fund & Asset Management Conference. The discussion will focus on the prospects…