Stathis Potamitis and team have been retained by a state owned fiancial entity to assist them on the documentation, regulatory compliance and negotiation of a guarantee scheme intended to support new workign capital loans by commercial banks to local enterprises
Stathis has a broadly based transactional practice and has acted in numerous cross-border mergers and acquisitions across South-East Europe. As Deputy Chairman of the Athens Derivatives Exchange from 1998-9, Stathis was instrumental in the preparation of the Investment Service Firms Code of Conduct as well as the legislative framework for the dematerialization of listed securities, the operations and products of the Athens Market for listed derivative instruments and the clearing and settlement of trades in listed derivatives. He is also a dedicated expert in the field of arbitration and regularly pursues and defends claims on behalf of his clients before international arbitration hearings.
Stathis remains active in mergers & acquisitions, while focusing on insolvent restructurings. He leads PotamitisVekris’ initiative to create a network of collaborating professionals, made up of lawyers, accountants and bankers, in the area of insolvency and restructuring. In 2012, he was invited to become a member of the Hellenic Council on Corporate Governance (an Athens Exchange and SEV joint venture) on which he still serves; he is the member responsible for the drafting of corporate governance principles for unlisted and family enterprises. Stathis is regularly invited to speak on Greek insolvency law and practice, both in Greece and abroad. He is a member of the Review and Advisory Judge Co Project, developing Principles and Guidelines for cross-border cooperation in insolvency cases, and National Correspondent for the ELI Rescue of Business in Insolvency Law project. Stathis is an INSOL International Fellow and a member of the International Insolvency Institute.
“I am proud that we are a very efficient team of lawyers, working hand-in-hand across practice areas, responsive to clients’ needs and enthusiastic about our work.”
AdmissionsAthens Bar, 2000
State of New York, 1987
EducationUniversity of Toronto, Canada MA, 1991
University of Toronto, Canada LLB, 1986
University of Toronto, Canada BA, 1979
University of Paris IV Eleve Titulaire
Stathis Potamitis and team have been retained to advise a court appointed BoD on the restructuring of a listed entity in agreement with international noteholders; solvency problems emerged after the uncovering of a major fraud against the compamy.
Stathis Potamitis and team have been engaged to coordinate an ad hoc committee set up to redraft the Greek Bankruptcy Code to create an integrated set of proceedings covering both commercial and consumer insolvency and providing both for preventive as well as liquidation solutions.
Stathis Potamitis advised three of the four Greek systemic banks on the sale of a hotel business in satisfaction of claims ancillary to a ratified and implemented restructuring agreement.
Stathis Potamitis also advised a major international fund in their non-binding bid for a secured NPL portfolio.
Stathis Potamitis lead a team of PV lawyers advising a major international fund in its binding bid for a secured NPL portfolio.
Stathis Potamitis advised on the structuring of the placement of a leasing portfolio by a special liquidator.
Stathis Potamitis and team advised the shareholders of a major Greek cosmetics company in the sale of a majority stake to an international fashion and fragrance firm.
Stathis Potamitis and team represented the four systemic banks in the context of a €525m debt restructuring of a major supermarket chain.
Stathis Potamitis and team advised an international group in the acquisition of a major domestic insurance company with a value of €300m.
Stathis Potamitis helped to establish two alternative investment fund structures focused on investments in the local market and provide continuing support to both funds for prospective investments.