Kyriakides Georgopoulos has announced that it acted as Greek law counsel to a consortium of lenders consisting of Alpha Bank, Piraeus Bank and HSBC London Plc, Greek Branch for the refinancing of the McArthurGlen Designer Outlet in Athens. On Greek law issues the lenders' consortium was also advised by KG Project Finance team together with the Athens office of Norton Rose Fulbright, which acted as the lenders' English law counsel.
On Thursday, November 30th, leading legal practitioners from across Central and Eastern Europe gathered in Prague to help CEE Legal Matters celebrate its fourth successful year as the leading chronicle of the legal industry in the region, participating in an expert Round Table conversation about the year just concluded and enjoying an evening of dinner, drinks, and bonhomie.
DLA Piper has advised Kerzner International Holdings Limited, an international developer and operator of ultra-luxury resorts and residences, on its joint venture with private equity firm Dolphin Capital Partners and Dolphin Capital Investors for the development and management of the One&Only Kea Island, Greece, a luxury tourism project on the Cycladic island of Kea. Local input was provided by AP Legal in Greece and L Papaphilippou & Co LLC in Cyprus.
The commercial legal markets of Central & Eastern Europe didn’t appear automatically. They didn’t develop in a vacuum. They were formed, shaped, and led, by lawyers – visionary, hard-working, commercially-minded, and client-focused individuals pulling the development of CEE’s legal markets along behind them as they labored relentlessly for their clients, their careers, their futures.
DLA Piper has announced the establishment of a Brussels-based EU-Greek Practice.
4th and 5th of October 2017 in Casablanca, Morocco
Things seem to be picking up a bit in Greece, according to Drakopoulos Managing Partner Panagiotis Drakopoulos — but he knows better than to relax. "I’m much more hopeful than I was last year,” he says, “but you have to adapt to the environment. You can only hear so many times that 'now things are changing.’ We’ve heard this for three or four years, but things don’t, in fact, change. The same thing happened in 2014 — things picked up a lot, and then the crisis hit again.” He sighs. “We definitely have more work than last year, but I don’t see a clear path to the light at the end of the tunnel, so it’s hard to be too confident about how things will develop.”
Drakopoulos Greece has advised Hellenic Petroleum Group of Companies with respect to the group’s compliance with the General Data Protection Regulation.
Zepos & Yannopoulos, working alongside Shearman Sterling, has acted as Greek legal counsel to Attica Bank SA, a Greek medium size bank, on the securitization of non-performing loans and future receivables from the EUR 1.3 billion sale of real estate. The portfolio was sold to a Luxembourg SPV against issuance of EUR 525 million senior notes and EUR 806.2 million junior notes. All the notes were initially subscribed by Attica Bank, which will also act as interim servicer of the portfolio.
A.S. Papadimitriou & Partners has acted as local counsel to EXIN Financial Services Holding B.V. on its EUR 718 million acquisition of a 75% stake in insurer Ethniki Hellenic General Insurance S.A. from the National Bank of Greece. Bernitsas Law and Freshfields advised the NBG on the transaction, which remains subject to customary approvals.