Lambadarios, working with Grant Thornton, has advised Quest Holdings on its EUR 27.2 million acquisition of a 70% stake in Benrubi. Potamitis Vekris reportedly advised the sellers.

Law 5123/2024 aims to modernize the institutional framework governing pledges by creating a streamlined and contemporary legislative structure. The new law is expected to come into force once the particulars of operation of the Electronic Pledge Registry are determined by the Hellenic Cadastre’s Board of Directors or the 31st of December 2024, whichever comes first. Specifically, for share pledges, the current legal regime involves numerous formalities, and reducing these requirements would be welcomed by legal practitioners.

Karatzas & Partners has advised General Logistics Systems on its acquisition of a 20% stake in ACS Courier and Postal Services from Quest Holdings for EUR 74 million. As part of the transaction, GLS also secured a call option to acquire the remaining 80% of ACS’s share capital within the next two years for a consideration of EUR 296 million. Potamitis Vekris advised Quest Holdings.

Koutalidis, working with Milbank, has advised the underwriters on the EUR 200 million share capital increase of Cenergy Holdings.

Kyriakides Georgopoulos has advised Aviation Capital Group and Castlelake on the sale, transfer, and lease novation of one Airbus A320-214 aircraft under lease to Greek airline Sky Express, from ACG to Castlelake.

Kyriakides Georgopoulos has advised ICBC Group and Aviation Capital Group on the sale, transfer, and lease novation of two Airbus A321NEO aircraft under lease to Greek airline Aegean Airlines, from ICBC to ACG.

Former Deloitte Legal Partner Apostolos Vorras has joined Koutalidis as Partner and head of the firm's Digital Law practice.

Kyriakides Georgopoulos announced that the Hellenic Republic Asset Development Fund's sale of a 67% stake in the Heraklion Port Authority to a consortium consisting of Grimaldi Euromed and Minoan Lines (as reported by CEE Legal Matters on January 11, 2024) closed on September 18, 2024.

Zepos & Yannopoulos has advised Inspired Education Group on its entry into the Greek market via ventures with the Moraitis School and Costeas Geitonas School.

Clifford Chance and Bernitsas have advised the Hellenic Financial Stability Fund on its EUR 690 million sale of a 10% stake in the National Bank of Greece with J.P. Morgan, Goldman Sachs, Morgan Stanley, and UBS as the joint global coordinators. Milbank reportedly advised the underwriters.

Potamitis Vekris has advised Blackstone and Hotel Investment Partners on the acquisition of the company that owns the Grand Hyatt Athens hotel.

Drakopoulos has launched a new Data and Digital practice dedicated to “providing comprehensive legal solutions to clients navigating the increasingly complex landscape of data protection, digital transformation, AI, cybersecurity, and emerging technologies.”

Once known for its financial turbulence, the Greek economy is showing strong growth. Bahas, Gramatidis & Partners Managing Partner Marios Bahas and Drakopoulos Partner Mika Lalaouni discuss key sectors and major drivers of the turnaround.

An in-depth look at George Zohios of AKL Law Firm covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office.

As Pfizer’s Legal Director overseeing Greece, Cyprus, Malta, and Israel, Stathis Mihos explores EU health policy advancements and the complexities arising from the pandemic and examines how artificial intelligence is dynamically influencing lawyers’ work.

Greece’s vibrant life sciences sector is supported by a robust regulatory framework and expanding investment opportunities. In the following paragraphs, we will examine key aspects of product liability, intellectual property (IP), artificial intelligence (AI), and investment potential within the Greek life sciences landscape, highlighting the laws and regulations that shape the industry.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Lambadarios has advised the Hellenic Republic Asset Development Fund on the Attiki Odos concession agreement executed between the Greek State and GEK Terna Group. Marinos Petroulias & Partners advised GEK Terna.