NEWS

May 18, 2017

Extra Judicial Settlement of Debts

ALLY TEAM LOGO TAG 2B

As a member of the global legal network, Ally Law, our partners  Maria Golfinopoulou and Katerina Christodoulou will be attending the 2017 Client Seminar, “Brave New World: Business and Legal Practice in Changing Times”, held in New York on Thursday 25 May 2017. This seminar will feature a keynote address delivered  by Antony “Tony” Blinken, former U.S Deputy Secretary of State as a speaker.

Our Partner, Katerina Christodoulou will be presenting on a panel which will focus on “Best Practices in Maximizing Legal Department Effectiveness and Efficiency ”.

April 12, 2017

Closing of major airport deal with the contribution of Your Legal Partners.

TAIPED_REG_AIRPORTS_CHECK_170411_

Your Legal Partners are proud to have contributed together with the rest advisory team of the HRADF (Citigroup and Eurobank (financial and Drakopoulous & Vasalakis law firm (legal)) to the successful take- over of 14 Greek regional airports at 11/4/2016 by Fraport Greece.

The consortium, comprising Germany’s Fraport (65%) and Slentel (35%), a unit of Greece’s Copelouzos Group, has raised around EUR 1.6bn between debt and equity to finance the acquisition. The acquisition facility is coming from the EBRD, the IFC, the Black Sea Trade and Development Bank (BSTDB) and Alpha Bank. A portion of the debt is expected to be syndicated after financial close, with Greek systemic banks.

Your Legal Partner acting for the Privatisation Agency Hellenic Republic Asset Development Fund (HRADF) has contributed in the examination and approval by the Greek State of all financing documentation together with all conditions precedent provided in the relevant concession agreements paving the way for a financial close and concession commencement date at 11.4.2017.

The take -over happened seamlessly overnight which was a great success for all involved parties.

September 27, 2016

Your Legal Partners acting as Greek legal counsel for BSTDB in a €50 million loan to Hellenic Telecommunication Organization (OTE)

Your Legal Partners acted for the Black Sea Trade and Development Bank (BSTDB) in providing a €50 million of financing on a parallel basis as part of a €339 million syndicated loan granted by EBRD and a syndication of commercial banks. The Mandated Lead Arranger on this syndicated loan is the National Bank of Greece S.A. The Lead Arrangers are HSBC Bank plc and Hellenic Bank Public Company Ltd, while BNP Paribas S.A., Nomura International plc, Alpha Bank Albania, Piraeus Bank SA and Cordiant participate as Arrangers. The funding will be used to finance a number of strategic investments of OTE in Greece including the development of next-generation networks and IP networks as well as other innovative products and services.

It is a landmark funding deal by supranationals together with commercial banks in Greece aiming to reopen syndicated loans to corporates.

ote

May 19, 2016

Your Legal Partners Meet together with other Ally Law Members In Shanghai

Ally Law members from around the globe congregated for their Annual General Meeting in Shanghai, China on 10-14 May 2016. Your Legal Partners as the exclusive Greek member of Ally Law was there.  Close to one hundred attorneys from Ally Law member firms on six continents met and discussed how to best anticipate and satisfy client needs locally and across jurisdictions, advancing the Ally Law imperative to provide seamless tier one legal services and global reach to clients wherever they are located.

The Ally Law AGM allows member attorneys to meet personally for in-depth dialogue on best practices and developments in the legal industry. The AGM provides a venue for panels and discussion groups on substantive law, practice management, and emerging global trends in the legal arena.  Ally Law members have the distinctive opportunity to connect with niche specialists within the network that they know and trust to advise on unique client service requirements – requirements that firms outside the Ally Law network do not have the resources to fulfill.

To further these network advantages, in addition to the AGM Ally Law members regularly meet regionally to focus on developing business and legal issues specific to their region and country. These regional meetings give the members a singular advantage over law firms outside the network by assuring the most current insights and experiences directly applicable to their clients are shared among the large group of network professionals. 

Alliance-2016-AGM

Ally Law members in session in Shanghai

 

To learn more about the AGM agenda and events, click here.