We are happy to share that our law firm advised HRADF in the successful tender process for the sale of a majority stake in Volos Port Authority, a critical infrastructure privatization for the economy of Thessaly and Greece in general. Our team was led by Partners Alexandros Kortesis and Theologos Mintzas who were assisted by Associates Fay Karkantzou, Evgenia Tzavara, Anastasia Bolari, Ilia Boura, Nikoleta Nikolaou and Katerina Mastrogiannopoulou. Great teamwork that brought a great result for @HRADF.

We are proud to announce that our law firm advised Cepal Hellas Financial Services S.A. on the Greek law aspects of the merger of Kaican – Resolute IKE its and the conclusion of a joint venture agreement with Resolute Asset Management Group resulting in the combination of their activities in the real estate management market. This strategic alliance will consolidate the market leadership of the parties in the Greek real estate servicing, asset management and advisory space and radically upgrade the services offered in the Greek market. Our team was led by Partner Maria Perifanou, assisted by Associate Palmyra Chantzara.

Dimitris Loukas and team advise a leading supplier in the market of products for babies and toddlers in Greece in relation to the HCC’s ongoing antitrust investigation for suspected infringements of competition rules.

Dimitris Loukas and associate Konstantina Markomichali advise a cadastral survey servicer in relation to the HCC’s ongoing antitrust investigation for suspected infringements of competition rules in the market for the provision of cadastral survey services and support services for the creation of a national cadastre.

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.

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 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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Dimitris Loukas and associates Athanasios Taliadouros and Alexandros Ntallas advised a key supplier of medical equipment in relation to the HCC’s antitrust investigation and ensuing settlement decision concerning an infringement of competition rules in the market for the supply of diagnostic rapid tests for SARS-CoV-2.

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.