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POTAMITISVEKRIS Energy team, advised a wind power producer on a 10-year corporate PPA with a leading industrial group
Our Energy Law team, led by Euripides Ioannou (Partner) and assisted by Dimitra Rachouti (Senior Associate), advised a wind power producer on a 10-year corporate PPA with a leading industrial group in relation to the electricity generated from a 39.6MW wind project. In the same context, the team advised on the exit of the project from the operating aid regime and its direct participation in the electricity market.
POTAMITISVEKRIS Environmental Law team supported Sani Ikos on the issuance of the approval of environmental terms for the company’s new hotel investment in Kissamos, Crete
Our Environmental Law team, led by Theologos Mintzas (Partner) whom was assisted by Ilia Boura (Associate), successfully supported Sani Ikos on the issuance of the approval of approved environmental terms for the company’s new hotel investment in Kissamos, Crete, a milestone for the project’s progress. In the During this process, our team collaborated with DTK Legal, led by Konstantinos Karatsolis and assisted by Ifigeneia Tsakalogianni, whom greatly contributed to this successful outcome.
POTAMITISVEKRIS, advised Eurobank in the conclusion of a share purchase agreement to acquire a 17.3% stake in Hellenic Bank, the second largest bank in Cyprus
POTAMITISVEKRIS are proud to announce that it has advised together with Milbank LLP, Ioannides Demetriou LLC Eurobank in the conclusion of a share purchase agreement whereby it has agreed to acquire a 17.3% stake in Hellenic Bank, the second largest bank in Cyprus. Following completion of the transaction, which is subject to regulatory approvals, Eurobank will own 46.5% of the shares in Hellenic Bank and will be required by law to submit a mandatory tender offer for all remaining shares. Partner Alexander Metallinos is advising Eurobank in relation to corporate, banking and capital markets law matters, and partner Dimitris Loukas is advising on competition law matters.
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POTAMITISVEKRIS Litigation team represented a servicer before the Appeal Court, which issued an essential ruling on a disputed issue regarding Greek NPL’s
Konstantinos Papadiamantis and Konstantina Panagopoulou Perez successfully represented a Servicer before the Appeal Court, which issued an essential ruling on a disputed issue regarding Greek NPL’s. More specifically, the Athens Appeal Court ruled that it is legal for the Servicer to undertake the judicial proceedings at his name and request the adjudicated amount to be paid directly to the fund, if so provided by the Servicing Agreement; the parties right to undertake such agreement was contested. Moreover it may be inferred from the ruling that the parties have the opportunity to adapt the servicing agreements, to a large extent, to their specific needs.
POTAMITISVEKRIS Successfully represented the winning consortium of a public portsub-concession in an intervention before the Court of Auditors
Partners Theologos Mintzas and Konstantinos Papadiamantis, supported by Associate Ilia-Aikaterini Boura, successfully represented the winning consortium of a public port sub-concession in an intervention before the Court of Auditors. The intervention succeeded to annul a decision by the Court of Auditors that required prior to the signing of port sub-concessions the preparation and issuance of master plans, a requirement imposing significant and unnecessary, both from a legal and a policy perspective, delays on the conclusion of the sub-concession program of the Hellenic Republic Asset Development Fund (HRADF / ΤΑΙΠΕΔ). HRADF led the challenge and was exceptionally represented by KLC Law Firm whose team was led by Partner Theodora Xythali and Senior Associate ANDREAS ABATIS.
Supreme Court, rules in favor of Bank of Cyprus
POTAMITISVEKRIS team with Maria Ferfeli successfully represented a foreign bank in litigation proceedings before the Greek Supreme Court (Areios Pagos), which confirmed the legality and validity of an exclusive choice-of-court clause in a dispute with consumers. It was ruled that consumers claims for abusive clauses are not investigated ex officio by the court.
POTAMITISVEKRIS participated in a landmark transaction in Greek retail
POTAMITISVEKRIS supported a Greek department store for its acquisition by a listed holding company, a landmark transaction in Greek retail. Our team was comprised of partners: George Bersis, Vassilis Stergiou, Euripides Ioannou, Alexios Papastavrou, and Aspasia Malliou
Exception of Shipping Company from Real Estate Tax
The tax team of POTAMITISVEKRIS, led by Partner Aspasia Malliou and supported by associates Dimitra Katsipi and Haris Stamboulis, succeeded in obtaining a decision from the Athens Administrative Court of Appeal, according to which the general exemption from real estate tax, which applies to limited liability companies (article 15 paragraph 3 b of Law 3091/2002), also applies to shipping companies. The judgment in the above case is original, as there is no case-law precedent and upholds the exemption of the applicant shipping company from real estate tax of approximately EUR 1.300.000
POTAMITISVEKRIS contributed the exclusive Greek Chapter to the 2023 edition of Lexology’s Pharma & Medical device regulation
Our firm is the exclusive contributor to the 2023 edition of Lexology’s Pharma & Medical Device Regulation. Our Life Sciences & Healthcare partner, Alexandros Kortesis and other team members, authored the chapter for Greece, sharing local insights and trends. The guide provides a comprehensive analysis of the regulatory framework regarding the clinical practice, the enforcement of advertising rules, off-label use and unlicensed products.
To access the online version of the guide, please click here:
We are proud to announce that IFLR1000 published its rankings with POTAMITISVEKRIS landing Tier 1 recognition in the three categories of Banking & Finance,…
POTAMITISVEKRIS Tax and Real Estate teams contributed the exclusive Greek Chapter of the 2023 Investment Structure Taxation Review by The Law Reviews
We are happy to share a comprehensive article prepared by our Tax and Real Estate teams, published by the Law Reviews in the latest edition of the Investment Structure Taxation Review. In the article we discuss the structuring of real estate investments in Greece, present basic steps and schemes, and take account of key tax and legal considerations. We hope you will find the article engaging and helpful and we do welcome any comments and thoughts you may have. The contributing members of our teams were: Aspasia Malliou (Partner, Tax), Maria Kilatou (Senior Associate, Tax), Theologos Mintzas (Partner, Real Estate), Iliana Nikolaidi (Associate, Real Estate), and Nikoleta Nikolaou (Associate, Real Estate). Also, Elena Theocharakou (Senior Associate, Capital Markets) contributed on the REICs’ section.
Read the Greek Chapter here
Our partners Aspasia Malliou & Konstantinos Papadiamantis send their message regarding the 10 years celebration of Fortune Greece
The last decade has strengthened both our commitment to provide the best possible service to our clients and be the advisors that people trust,…
Is real estate a stable & safe investment? Our Real Estate partners G. Bersis & Th. Mintzas share their views in FinancePro
Our Managing Partner, George Bersis and Partner Theologos Mintzas, who are leading our Real Estate practice, share in Finance Pro their comprehensive viewpoints regarding…
POTAMITISVEKRIS is the exclusive contributor to the IFLR Restructuring & Insolvency Special Focus 2023.
Insolvency Special Focus 2023. Vassilis Stergiou partner, and Konstantinos Rachianiotis associate, authored the chapter for Greece, sharing local insights and recent developments to the…
We are proud to announce that our Tax Partner, Aspasia Malliou, is recognised in Band 1 for yet another year as expressed in the…
Our Life Sciences & Healthcare Associate, Olga D. Bezantakou, participated at the 3rd Health Legal & Compliance Forum
Our Life Sciences & Healthcare Associate, Olga D. Bezantakou, addressed key issues regarding the reimbursement of pharmaceutical products, during our firm’s participation at the…