Bernitsas Law

Greece

IFLR1000 Reviews

Financial and corporate

Founded in 1946, Bernitsas Law advises on all areas of business law. It is among the larger domestic firms with a team of 50 lawyers based in Athens. 

 

Focusses / specialisms 

The firm works for both domestic and international companies and banks on lending, corporate, capital markets and project development work. In the latter area it is experienced in tender contracts, concession agreements, and the PPP (public-private partnership) agreements. 

 

Key clients 

The firm has strong relationships with investment funds, working for investors such as Amerra and CVC. The firm also works for domestic and international bank such as Piraeus Bank and Santander. It does work industrial clients in Greece including Titan Cement.  

 

Research period review: 30th edition (2019/2020) 

Over the research period the firm was active in banking, capital markets and projects work.  

The firm worked on several financing mandates, assisting in new lending, refinancing, and project financing, where it advised the borrowers and lenders. Another active area for the banking practice on the sale of NPLs (non performing loans), where it advised the acquirers and investors on restructuring and the securitisation of the portfolios.  

In capital markets work the firm counselled on financing through bonds, assisting in the issuance of notes for both banks and listed companies as issuers.  

In projects work the firm was active across sectors including agriculture, banking, energy, manufacturing, and technology, generally working for developers of industry-specific infrastructure. Notably it worked on a number of renewable and traditional energy projects, assisting companies with development and financing advice. 

 

Deal highlights: 30th edition (2019/2020) 

AIG Global restructuring 

Amerra Capital Management / Mubadala Investment Company / Andromeda Seafood Sociedad €500 million acquisition of majority Stakes in Nireus and Selonda 

Ellaktor €670 million 6.375% bond issue 

Gas Interconnector Greece-Bulgaria 

Intrum AB €2.4 billion acquisition of NPL portfolio  

Navarino €18 million financing 

PIMCO Investment €2 billion securitisation  

Piraeus Bank €400 million 9.75% bond issue 

Titan Global €300 million financing 

Link Investment in Pepper Group 

 

Client feedback: 30th edition (2019/2020) 

Banking and Finance  

“Extremely responsive and knowledgeable” 

“Knowledgeable and always available.” 

“Great mastery of the matter, ability to understand customer needs and the speed in finding the solution.” 

 

Capital markets : Equity 

“Very commercial, responsive and helpful.” 

 

Capital markets : Structured finance and securitisation 

“Subject matter expertise, business acumen and a proactive trusted advisor.” 

 

Financial services regulatory 

“Extremely knowledgeable, efficient and provide fast responses.” 

“They are experienced, they have know-how and are quick to respond “ 

 

M&A 

“Super responsive, very good quality meeting international standards, very easy to work with and always approachable. Clearly my go to law firm in Greece.” 

“Commitment and unparalleled knowledge.” 

 

Project development 

“Expertise, knowledge and respecting the time schedule.” 

 

Project finance

“Great value for money, responsiveness and business oriented.” 

 

Athanasia Tsene 

“Extremely responsive, very skilled and knowledgeable!” 

“Expertise, attention to detail and trusted advisor.” 

“Extremely knowledgeable, dedicated, always there to support and is efficient.” 

 

Dimitris Roussis 

“Expertise, confidence, very good knowledge of the legal framework and responsiveness.” 

 

Dionysis Flambouras

“Very knowledgeable, provides general insight where relevant and not just when asked about a specific issue.” 

 

Evi Kitsou 

“Excellent professional with great business acumen and a solid legal professionality. Definitely to be recommended.” 

 

Nikos Papachristopoulos 

“Nikos is extremely responsive, on top of the issues, helpful and professional.” 

“Very experienced and had deep know-how on his subject.” 

 

Yannis Seiradakis 

“Fully committed, very knowledgeable, easy to work with, comes up with good/pragmatic solutions and has a very strong team.” 

“Responsive, business oriented and has a deep legal knowledge.”