Firm profile submitted by Cocalis & Psarras
Since its establishment, Cocalis & Psarras boasts a well and long tested organisation, which allows continuous investment in human resources, technology and assets. The firm focuses on recruiting and training a limited number of carefully selected, talented and experienced lawyers, rather than employing a larger number of salary earning attorneys, and consistently applies a “boutique” policy, offering personalised services of a high standard over the years.
The firm’s practice is focused on private sector entities, banks, states, state organisations, independent administrative authorities, public sector enterprises, utilities, lawyers, auditors, consulting firms and other business oriented professionals. The firm efficiently covers several areas of practice with particular emphasis and expertise in M&A, TMT, energy, banking and financing aviation, competition, agency distribution, contract and corporate law, tax and customs, international arbitration, commercial litigation, administrative/regulatory litigation, consumer protection, privatisations, public tenders and PPPs.
The firm’s client base is mainly European, North American, Japanese and South Korean, with establishments or interests in Greece, the Balkans and the Mediterranean area and includes private sector entities, banks, states, state organisations, independent administrative authorities, public sector enterprises, utilities, lawyers, auditors, consulting firms and other business oriented professionals. The firm is often invited to offer expert authoring knowledge in important legislative projects, including in the latest revisions of Greek corporate and competition legislation.
Combining knowledge expertise and experience is the most important goal for Cocalis & Psarras, offering its clients reliable services. The firm’s constant multitasking activity in consulting, transacting and litigating, ensures that its clients enjoy the complex and global legal expertise, required in providing quality services to professionals.
M&A has been a key practice of the firm for more than 35 years. Its clients include corporations of diverse geographical origins, types and sizes, private equity funds and other financial sponsors, investment bankers, financial advisors and other participants in corporate transactions. Cocalis & Psarras have been retained in national and international M&A projects of very substantial size in - or relating to (alphabetically) Armenia, Austria, Belgium, Bulgaria, Canada, Cyprus, Greece, FYROM, Italy, Jordan, Lithuania, Moldova, Poland, the Netherlands, Serbia, Turkey, UK, USA and Ukraine.
The firm’s experience covers several industries (alphabetically): agrochemicals, apparel, aviation, banks, chemicals, direct sales, distributors, electrical appliances, electricity distribution, electricity production, electronics, food & beverages, hotels, household products, insurance companies, logistics, media (pay television), medical appliances, personal care products, pharmaceuticals, publishing (books), scientific instruments, software, telecommunications infrastructure & services, tobacco products, a.o.
What makes the firm’s M&A practice stand out, is that it is fully dedicated to business clients and their needs and is active in diverse industries while at the same time its practice areas are absolutely relevant and complementary to each other. This is an invaluable asset in understanding what is required from the firm and how it is best addressed for the specific client and industry. Cocalis & Psarras exhaust every breadth and depth in addressing the individuality of each project, rather that trying to squeeze it in a “one size fits all” approach.
Banking & Financing:
Cocalis & Psarras work both for lenders and borrowers in important lending and restructuring transactions, including large syndicated bond loans; Most recently the firm completed a multi discipline facility for a Nasdaq listed group and covered the borrower’s affiliates based in Greece as well as the wider Balkans and Mediterranean areas.
Agency & Distribution:
Cocalis & Psarras has an important practice in this area, with full service clients in the automotive, TMT and appliances sectors, as well as individual project clients. Most recently the firm has been involved in distributorship international arbitration; it has advised the Fiat Group in Greece in introducing and implementing a new distribution agreement, in line with the new European Block Exemption Regulations and in establishing a new Chrysler/Lancia importer. The firm advises DEPA AE, the major Greek natural gas importer and distributor, in setting up a country wide natural gas supply network for motor vehicles, including the establishment of a new regulatory environment both for the filling stations, but also for the retrofitting of the existing vehicles fleet.
The firm advises several clients on competition issues, in the TMT, distribution networks, food and beverages, agrochemicals, cars, motorcycles, appliances, financial services a.o sectors.
Cocalis & Psarras is the leading Greek firm in this area. The firm combines in depth knowledge of regulatory, competition and commercial issues. The firm recently advised a market entrant on the use of spectrum; the Greek subsidiary of a foreign operator in network deployment and security issues. It also advised several clients on software agreements and TMT services agreements.
At any given time, Cocalis & Psarras runs a multitude of diverse, atypical cases, each of substantial size and considerable complexity and work hard to keep the firms success rate at a very high level.
The firm excels in commercial arbitration, civil litigation (mainly corporate, commercial and financial) administrative litigation (mainly tax, customs and regulatory) and white collar criminal, and cover all aspects touching upon an operating business, its stakeholders managers and personnel.
The firm’s practice is dedicated to commercial, corporate, financial, investment, M&A and technical disputes and covers national litigation as well as national, ad hoc and international arbitration, mostly in cases where either the applicable law or the venue or a party or assets relate to Greece. The firm’s practice covers all sector specific independent authorities, committees, tribunals, panels and other fora.