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Europe Guide
Firm Profile

Bernitsas Law

Firm Profile


  • Profile
  • 5, Lykavittou Street
  • Athens
  • Athens
  • Greece
  • GR-106 72

Firm profile submitted by Bernitsas Law

Managing Partners: Panayotis Bernitsas
Number of partners: 12
Number of lawyers: 38
Languages:English, French, German, Greek, Italian, Spanish

Bernitsas Law is one of the largest firms in Greece. Since the firm was founded in 1946, it has consistently been at the forefront of shaping Greece’s legal and regulatory framework and has a reputation both locally and abroad as a leading provider of services in all sectors of commercial law. The firm prides itself in its team-orientated philosophy which allows it to provide a seamless service throughout its areas of practice.

Banking & Finance:
4 partners, 8 associates
Hellenic Petroleum Finance Notes Issues: Nikos Papachristopoulos, Athanasia Tsene and team advised Ηellenic Petroleum (HP) and Hellenic Petroleum Finance Plc (HPF) on a tender offer for the purchase by HPF of notes due in 2017, issued by HPF, guaranteed by HP, and the issue of €375,000,000 new notes by HPF, guaranteed by HP, and due in 2021, both listed on the Luxembourg Stock Exchange
Alpha Bank Joint Venture with Aktua Solutions: Athanasia Tsene and team advised Alpha Bank on its innovative joint venture with Centerbridge to establish a servicing platform for non-performing loans in the Greek market.
Trans Adriatic Pipeline €6.2 bn Project: Yannis Kourniotis and team are advising the Lenders in the development of the Trans Adriatic Pipeline, a natural gas pipeline from the Greek borders with Turkey, across Greece and Albania and subsea across the Adriatic Sea to Italy
Key Clients: Bank of America Merrill Lynch, Barclays Bank, BNP Paribas, Citigroup, Credit Agricole, Credit Suisse, Deutsche Bank, Eurobank Ergasias, Hellenic Petroleum, Hellenic Financial Stability Fund, HSBC Bank, Morgan Stanley, National Bank of Greece, N.M. Rothschilds, Societe Generale

Competition / European:
2 partners, 2 associates
TRAINOSE and ROSCO Privatisation Tender: Augustine Almyroudi and team has been advising the Hellenic Republic Asset Development Fund on the regulatory framework applicable to the rail sector and the procurement and competition law issues arising in the context of the international tender for the privatisation of the National Train Operating Company (TRAINOSE) which was recently awarded to Ferrovie Dello Stato Italiane
Key Clients: BMW Hellas, Diesel Hellas, Eurobank Ergasias, Hellenic Fuels, Hellenic Petroleum, Hellenic Republic Asset Development Fund

■ €316m Sale of Eurolife:
Nikos Papachristopoulos and team advised Eurobank Ergasias on the international competitive private auction and sale of 80% of its Greek and Romanian life and non-life insurance operations grouped under Eurolife ERB Insurance Group Holdings to Fairfax Financial Holdings
Värde Partners Acquisition of Trastor SA: Nikos Papachristopoulos and team advised Värde Partners in their acquisition of a controlling stake in Trastor, a Greek listed real estate investment company, by purchasing existing shares in Trastor held by Piraeus Bank and subscribing for new shares in Trastor issued pursuant to a rights issue.
Key Clients: Apivita, Fresenius Kabi Hellas, Glaxo Smith Kline, Hewlett Packard, Intel Microprocessors Greece, Puma, Swatch Group Greece

Dispute Resolution:
2 partners, 7 associates
Council of State Administrative Litigation: Dimitris Roussis and team are representing the Greek Association of Insurance Companies and several members before the Council of State in proceedings to overturn legislation exempting insurance companies from paying Subsidiary Insurance Fund contributions as part of the Economic Adjustment Programme
Renault Distribution Dispute: Christos Paraskevopoulos and team successfully represented Renault in numerous court proceedings with its former Greek distributor and other members of the former distribution network, including the rejection of a €0.5b damages claim by its former Greek distributor and the filing and acceptance of a €25m claim against the latter and its guarantor, and so far have achieved the most favourable result for our client in all cases
Key Clients: Hochtief Facility Management (now SPIE), ITA Hellas, Orion Pharma, Viomes

1 partner, 3 associates
Advice to Global Biopharmaceutical Company: Katia Papantonopoulou and team advise on a wide range of employment law matters arising in the course of their day to day business on an ongoing basis
Key Clients: Bayer Aktiengesellschaft, BMW Hellas, Bristol Myers Squibb, Konica Minolta, Smart Hellas, Spiecapag

2 partners, 3 associates
Open Door Tenders for Lease of Hydrocarbons Exploration Rights: Yannis Kourniotis and team advise Hellenic Petroleum in the international tender launched by The Hellenic Republic for the lease of hydrocarbons exploration and production rights in Onshore and Offshore Blocks of Western Greece
Hellenic Petroleum Sale of Stake in DEPA and DESFA: Yannis Seiradakis and team has advised Hellenic Petroleum in the sale of its stake in the Public Gas Corporation (DEPA) and Natural Gas Transmission System Operator (DESFA), along with the stake held by the Hellenic Republic Asset Development Fund (the fund responsible for the privatisation programme), as part of the privatization of DEPA Group.
Key Clients: Archirodon Group, Elia Group, Envitec, Exxon Mobil, Hellenic Petroleum, IFM Investors, National Bank of Greece, Protergia

Real Estate:
2 partners, 2 associates
Florac Chalkidiki Hotel Projects: Nikos Vouhiounis and team advised FLORAC in their entry into equity contribution and management agreements, together with Oaktree and Goldman Sachs, relating to the Sani, Oceania Beach and Ikos Resorts, in one of the largest hotel business transactions ever completed in Greece
■ Hellenic Republic Asset Development Fund (HRADF)

Nikos Vouhiounis and team are advising the HRADF in the privatisation process of a real estate asset located in the Peloponnese Key Clients: Blueland Real Estate, a T. Aggelopoulos Group Company, Florac, The Hellenic Republic Asset Development Fund , Varde Partners Europe Tax: 2 partners, 2 associates
Tax Investigation: Panayotis Bernitsas and team advised an energy company on the tax implications of its restructuring following the disinvestment by its joint venture partner in Greece and the structuring of a new entity
Tax Pricing Violations: Fotodotis Malamas and team represented a major international retailer in relation to alleged tax pricing violations by their local subsidiary
Key Clients: Crown Hellas, Diesel Hellas, Eurobank Ergasias, Piraeus Bank

2 partners, 5 associates
■ Advice to International Multi-Media Corporation: Augustine Almyroudi and team provided training on the application of data protection and privacy principles in the context of mobile apps and websites, including privacy policies, cookies and privacy by design
Key Clients: BMW Hellas, IDT Group, IDT Retail Europe Limited