POTAMITISVEKRIS contributed to the privatization process of LARCO

We are happy to announce that our firm advised the preferred bidder of the tender process initiated by the Greek State and the Hellenic Republic Asset Development Fund for the long-term lease of the Larco metallurgical plant in Larymna, as well as of the tender process initiated by Larco’s Special Administration for the sale of certain assets and metallurgical rights of Larco. Despite the difficulties it has been facing in recent years, Larco remains one the largest producers of ferronickel in the world and the forthcoming transactions are critical for the sustainable revitalization of ferronickel production in Greece. Our team was led by Partner Theologos Mintzas, and included Senior Associates Alexia Tzouni, Dimitra Rachouti, Nickolas Sigkridis, as well as Associates Iliana Nikolaidi, Anastasia Bolari, Ioanna Kefaloniti, and Konstantina Markomichali.

Fair tax treatment of credit institutions

Aspasia Malliou, supported by associates Dimitra Katsipi and Charis Stampoulis, has succeeded in issuing nine decisions before the Council of State, which will lead to €2,77 million refund on real estate transfer tax for a leading credit institution of Cyprus. With its decisions, the Council of State upheld the judgment of all the Administrative Courts of First Instance of the country, which mandated the relevant tax refund.

Project financing of 330MW wind farm cluster

Euripides Ioannou and Anthea Terlegas, supported by associates Dimitra Rachouti, Vasilis Tsintavis, Efstathia Yperifanou, Panagiotis Pougouras and Alexandros Vaisidis, represented a syndicate of Greek systemic banks on the project financing of a 330MW cluster of wind farms on the island of Evia sponsored by one of Greece’s largest renewable energy companies. With a construction budget reaching €530 million and the intricacy of a connection to Greece’s mainland grid through a submarine high-voltage cable system, the project will, upon completion, be the largest wind farm project in Greece.

Advising major international bank in respect of an 826 MW CCGT plant

Partner Euripides Ioannou and Associate Vasilis Tsintavis advised a major international bank on the Greek law aspects of a c. 83,000,000 € buyer facility agreement in respect of an 826 MW Combined Cycle Gas Turbine (CCGT) plant being developed in Central Greece

Participation in Public Tender / ICT Sector

Alexandros Kortesis and team advised a Greek leading company in telecommunications sector on the participation in a public tender for the Digitalization of Archive of Hellenic Cadastre with a total value of 240M EUR.

Successful criminal litigation

Konstantinos P. Papadiamantis, supported by Katerina Michaela Perraki, successfully represented before the Criminal Court of Athens the legal representatives of a leading supermarket chain in Greece, accused of personal injury by negligence and illegal dismissal of a former employee and trade unionist.

Criminal proceedings against former CEO of one of the leading football clubs in Greece

Konstantinos P. Papadiamantis and Dimitra Dai represent the former CEO of one of the Greek leading football clubs, during preliminary examination for breach of trust, regarding an audit which was carried out during the period of his management.

POTAMITISVEKRIS advised on the biggest deal in the European hotel sector since the Covid-19 pandemic

We are happy to announce that our firm supported a leading luxury beach resort group in the Mediterranean, with all Greek law-related aspects regarding the sale of a majority stake to the Singaporean sovereign wealth fund. A landmark deal which valued the luxury beach resort group at €2.3bn, the biggest deal in the European hotel sector since the Covid-19 pandemic. Our team was led by Partners George Bersis and Theologos Mintzas who were supported by Eirini Zaglanika (IP), Anastasia Platipodi (Employment), and Ioanna Loudarou (Finance).

Successful criminal litigation

Konstantinos P. Papadiamantis and Dimitra Dai successfully represented before the First Instance Court of Thiva, three executive officers of a global supermarket chain which operates over 200 stores in Greece, accused of defamation and coercion following a criminal complaint filed by a former employee who has been an active member of a trade union. All involved defendants were acquitted.