Work Highlights
POTAMITISVEKRIS advised Euroxx Securities S.A., on the listing of the shares of Performance Technologies S.A. in the Regulated Market of ATHEX
We proudly announce that we advised Euroxx Securities S.A., acting as listing advisor, on the listing of the shares of Performance Technologies S.A. in the Regulated Market of ATHEX and its simultaneous delisting from the Alternative Market of ATHEX. Our team was led by George Bersis (Managing Partner), Elena Theocharakou (Senior Associate) and Elisabetta Lentsiou (Associate).
HCC antitrust investigation and ensuing settlement decision in the banking & payments sector
Dimitris Loukas and associate Alexandros Ntallas advised HSBC Continental Europe in relation to the HCC’s simplified Settlement Procedure concerning suspected coordination of Greece’s systemic and other smaller banks for the introduction of certain banking fees in the banking & payments sector, resulting to a Settlement Decision acknowledging the bank’s passive role and imposing a reduced fine. The main HCC investigation involving Greece’s systemic banks was settled in Dec 2023 following an extensive and lengthy investigation (see pertinent work highlight of Dec 2023).
Rejection of a criminal complaint for marine pollution and illegal alteration of coastline and sea
Our White-Collar Crime Team, led by Konstantinos Papadiamantis, successfully represented the legal representatives of Leonidas Hotel One-Person S.A., accused of the crimes of marine pollution and illegal alteration of coastline and sea, so that it was decided that the criminal case initiated should be archived and no criminal prosecution would be brought eventually.
POTAMITISVEKRIS advised Jasper Wind, on the development, financing and construction of three wind farm projects of a total capacity of 41MW
We advised Jasper Wind, a leading developer and sponsor of renewable energy projects, on the development, financing and construction of three wind farm projects in the Peloponnese Region of a total capacity of 41MW. POTAMITISVEKRIS supported Jasper on negotiating project documents, including corporate power purchase agreements (PPAs), as well as on the €63 million bank debt financing arranged by Attica Bank and structured by Deutsche Bank. The transaction was led by Euripides Ioannou (Head of Project Finance & Energy) and Nikolaos Kampantais supported by Efstathia Yperifanou and Erato Zeliou.
Our tax team has successfully represented at court an individual against tax authority
Our tax team has successfully represented an individual at court against the Greek tax authority. The Athens Administrative Court of Appeal annulled a tax assessment amounting to approximately 600,000 euros, adopting our judicial claims for the statute of limitation in case of re-examination. Our team was led by our tax Partner Aspasia Malliou supported by Dimitra Katsipi (Associate).
POTAMITISVEKRIS successfully advised Sani Development and Tourism Company S.A
We are pleased to announce that our law firm successfully advised Sani Development and Tourism Company S.A. on a landmark transaction with the Hellenic Republic Asset Development Fund for the development of the “Sani Kassandra” property in Halkidiki. The transaction marks the beginning of a significant investment in an area renowned for its exceptional beauty and high tourism potential. This achievement was made possible through the expertise of our team, led by Partner Theologos Mintzas, with the valuable assistance of Associates Anastasia Bolari and Valia Anastasopoulou.
POTAMITISVEKRIS acted for Minerva SA Edible Oils & Food Enterprises on the sale of its business unit to Desserta Hellas S.A.
We are delighted to announce that POTAMITISVEKRIS acted for Minerva SA Edible Oils & Food Enterprises on the sale of its business unit of feta cheese and white cheese production to Desserta Hellas S.A. Our team was led by Vassilis Stergiou (Partner) and Maria Perifanou (Partner), assisted by Spyros Roussakis (Senior Associate) and Maria Glynou (Associate).
POTAMITISVEKRIS represented Sunlight Group on the issuance of a €975mn common bond loan
We proudly announce that POTAMITISVEKRIS’ Banking, Finance & Capital Markets team represented Sunlight Group, a leading company in Greece in the field of energy storage systems, on the issuance of a €975mn common bond loan with the four systemic Greek banks as bondholders. The transaction was coordinated by Alexander Metallinos (Partner) assisted by Ivi Karra (Associate) and Amalia Giannakopoulou (Associate).
POTAMITISVEKRIS advises UBITECH LTD on a joint venture agreement with 7000 HOLDINGS SA
We are proud to announce that our law firm, advised UBITECH LTD on the conclusion of a joint venture agreement with 7000 HOLDINGS SA (which belongs to the D. Giannakopoulos Group), resulting in the launch of a new entity, UBI7000 Innovations SA.
UBI7000 Innovations SA aims to revolutionize the technology landscape by providing cutting-edge solutions and services to both Greek and international markets.
Our team was led by Partner Maria Perifanou.