Bernitsas has acted as local advisor to Piraeus Bank on the public NPE securitization in Greece. Moratis Passas and Orrick advised sole arranger UBS Europe SE on the deal.
Over the course of our seven years, CEE Legal Matters has interviewed most of the British lawyers working on the ground in Central and Eastern Europe as part of our recurring “Expat on the Market” feature. We reached out to them recently and asked them to bring us up to speed on what they’re doing and/or share their thoughts on the ramifications of Brexit or the ongoing COVID-19 crisis.
“Things are pretty steady,” says Drakopoulos Senior Partner Panagiotis Drakopoulos, speaking about the current political climate of Greece. “The past few months have seen no major changes or updates, so there is nothing special to report on.” He says that, as most efforts have been focused on the pandemic, little room is left for anything else.
White & Case and Zepos & Yannopoulos have advised the EIF and the EBRD on a EUR 130 million securitization of automotive leases originated by Olympic Commercial and Tourist Enterprises S.A., a car leasing company in Greece and master franchisee of the Avis Budget Group. Avis was advised by Norton Rose Fulbright and, reportedly, Kyriakides Georgopoulos, while Hogan Lovells and, reportedly, M&P Bernitsas, advised lead manager and sole arranger Citi and co-lead manager Piraeus Bank.
The SEE Legal law firm alliance has announced the formal launch of two new practice groups, one dedicated to Employment and Immigration, headed by Kolcuoglu Demirkan Kocakli Counsel Maral Minasyan, and one dedicated to Intellectual Property, headed by Selih & Partnerji Partner Natasa Pipan Nahtigal.