Work Highlights

Transfer of Bank and Ensuing Litigation

Xenophon Paparrigopoulos and team represented the Greek subsidiary of a multinational consumer goods company before of the Court of First Instance of Athens in a petition for an interim injunction involving complex issues of comparative advertising.

Breach of Fiduciary Duties

Konstantinos Papadiamantis led a team representing board members of a Greek bank, including the CEO, in their defence against criminal charges for breach of fiduciary duties.

Medical Devices Public Procurement Tender

Alexandros Kortesis and team advised a medical devices and medical technology company in their participation in public procurement tenders set up by the Ministry of Health for the supply of National Hospitals with intracoronary stents and angioplasty balloons with a budget of c.€39m, heart valves with a budget of c.€15m, and pacemakers and defibrillators with a budget of c.€45.

Publishing Public Procurement Tender

Alexandros Kortesis and team advised a publishing company in their participation in a public procurement tender held by the Ministry of Education and Religion for the printing and binding of first grade and second grade educational books for the 2015-2016 school year, with a total budgeted expenditure of c.€7m.

Reorganisations in Shipping Sector

Alexios Papastavrou and team advised an international group of shipping companies in the successful wide scale reorganization of two major companies, including the termination of office of their CEO and other senior executives, in one of the most widely discussed business cases in Greece.

€26m Corporate Refinancing

Euripides Ioannou and team advised a consortium of banks on the €26m refinancing of a listed Greek manufacturing company.

Arbitration Arising from Acquisition Transaction

Stathis Potamitis and Vicky Psaltis acted for an international investor in an ICC arbitration of an acquisition contract dispute. The case led to a settlement following an ad hoc mediation.

Acquisition and Transfer of Assets in Pharmaceutical Sector

Alexandros Kortesis and team advised the local affiliate of a multinational pharmaceutical company in the acquisition and transfer of assets of a diabetes business in Greece.

Public Procurement Disputes

Alexandros Kortesis and team advised on a number of disputes arising from public procurement proceedings, mainly arising from tenders for pharmaceuticals and medical devices.