Managing Partners: Dimitrios Zepos / Yerassimos Yannopoulos
Number of partners: 22
Number of lawyers: 56
Languages: English, French, German, Italian, Spanish
Capital Markets & Banking:
The firm’s practice covers the full range of debt (including high yield) and equity capital markets, tender offers, securitisation, structured finance, derivatives and investment products, as well as bank financing, debt restructuring, distressed debt sales and/ or trading, asset financing, project finance and asset management. The practice regularly advises domestic and international market players on transactional and regulatory issues. The firm recently enhanced the group with a team of leading market experts, in order to address the challenges that arise in light of the recent market conditions, both internationally and in Greece.
The firm advises Greek and foreign companies involved in concentrations and cooperation agreements which trigger notification obligations towards either the Greek or the EU competition authori¬ties. It advises clients involved in sector specific inquiries and dawn raids conducted by the Hellenic Competition Commission (HCC) and represents them before HCC hearings as well as before administrative courts in the course of follow up litigation in antitrust law disputes.
Corporate & Commercial:
Corporate constitutes the core pillar of the firm’s practice. The firm actively assists multinational clients form subsidiaries, branches or joint ventures in Greece. Many of its clients are Fortune 500 companies and entrust the firm with their regular support with respect to their operations in Greece. The firm advises clients on the optimal legal vehicle to be selected for their operations and on a wide array of commercial issues, including simple lease, sale and purchase contracts, sales below cost agreements, marketing strategies, license, agency, distribution, joint venture and shareholders’ agreements, mergers and acquisition agreements and all kinds of commercial contracts required for the operation of a business in Greece. It provides assistance in corporate governance, advising shareholders and Board of Directors on the management processes, rights, obligations and potential liability, as well as compliance to regulatory matters. The firm’s strong asset is the provision of advice and implementation of effective methods for cross-border and domestic consolidations, restructurings, mergers, demergers, acquisitions of shares or company parts, buy-outs, spin-offs, transformation of companies, transfer of business sectors or aggregates of assets and liabilities, joint ventures and strategic alliances, share capital increases or reductions, buy-backs, and related contractual agreements, as well as exit strategies and post-integration corporate services. The firm has also developed significant expertise in corporate recovery and insolvency, indicatively including liquidation, bankruptcy and voluntary arrangement schemes.
The energy practice, widely recognised as one the leading energy law practices in Greece covers all industry sectors: electricity (thermal and renewables), natural gas and upstream/downstream oil and related legal areas (regulatory, contractual, M&A, operational issues). The firm also stands out for its in-depth experience in specialised sectors, such as privatisations of state-owned energy companies, advising EU Organisations and Regulatory Authorities on the liberalisation of the energy industry in several countries and in drafting codes, licences and standard agreements.
Labour / Employment:
The firm provides a wide range of legal and tax services to clients on all aspects of employment law. The firm advises on: recruitments, terminations, collective redundancies, restructuring issues, benefits, stock options, transfers of undertakings, cross border employment issues, employee handbooks, relations with unions and collective labour agreements. The practice offers advice to senior executives serving in Greece on various issues such as taxation of multinational employment, including tax compliance, stock compensation or insurance plans and administrative or criminal implications arising from the performance of their duties in Greece.
The practice focuses on insurance and reinsurance non-contentious regulatory and legal work and M&A transactional work. The firm provides expert advice on a broad spectrum of complex insurance matters. Work ranges from regulatory, legal and tax advice relating to local customisation or structuring of complex unit-linked insurance products, bancassurance arrangements, pension plans restructurings, portfolio transfers, cross-border and non-admitted insurance, reinsurance advice, policy coverage interpretation and insurance insolvency.
Litigation constitutes one of the pillars of the firm. The litigation practice is divided into two main sectors: civil/commercial and tax. The firm defends its clients before all courts and at all levels of jurisdiction including the Supreme Court on the full array of issues concerning companies and individuals conducting business in Greece or involved in international transactions. It has particular experience in cases involving breach of contract, termination of agency and distribution agreements, enforcement of foreign judgments, anti-trust, unfair competition, product liability, employment, intellectual and industrial property, real estate, commercial leases and tort. The firm also has one of the most experienced tax litigation practices with particular experience in tax and customs disputes, ranging from the preparation and filing of a tax refund claim to the defense of clients before any court, including the European Court of Justice, in complex tax or customs controversies, tax collection disputes, cases involving major corporate taxation, fiscal documentation, VAT and excise and import duties.
One of the major areas of the firm’s practice and expertise; The firm advises multinational companies as well as established local enterprises in connection with all corporate/financing/ tax aspects of mergers and acquisitions. The practice provides advice to clients on corporate and tax consequences and tax effective structures for cross-border and domestic consolidations and restructurings. Such combination of solid corporate practice experience with a leading tax background and expertise constitutes a unique asset of the firm, highly valued by clients who require comprehensive and efficient services coming from one team in complex M&A projects.
The firm’s tax practice, acknowledged as the largest and most specialised in any law firm in Greece, offers a full range of tax services on both a transactional and ongoing basis to clients doing business in Greece, in collaboration with their affiliated company Zeya Accounting. The firm is consistently – over at least 10 years- ranked the No. 1 tax practice in Greece, by all major international legal directories. The tax practice is particularly prominent in areas such as corporate taxation, tax compliance, transfer pricing and M&A, VAT, customs and excise, tax dispute resolution and litigation, high-net worth individual planning and compliance.