Karatzas and Partners Law Firm

News

For an eighth consecutive year, Karatzas & Partners was named Best Firm in Greece at the Euromoney Legal Media Group's annual Europe Women in Business Law Awards, held on 14 June at the Jumeirah Carlton Tower in London.

Our managing partner, Catherine Karatzas, has been recognized as one of the IFLR Women Leaders for 2018. Catherine is the only female managing partner of a major law firm in Greece and in our law firm women are the majority at all levels of seniority. This fact, our commitment to equal opportunities and our support to the development of women in the legal profession, have been acknowledged through numerous IFLR Women in Business Law Awards.
Our firm was a proud sponsor of the Athens Law School team which participated in the "Leiden - Sarin Air Law Moot Court 2018" in Seoul, South Korea. The Athens Law School team won first place in the defendant's written pleadings category and fourth place in the plaintiff's pleadings category.
We advised B2Holding as participant bidder throughout the two-stage bidding process initiated by Alpha Bank, for the above sale and transfer of the portfolio, which initially had a value of total exposures of approximately EUR2.5 billion. During the second phase of the process, Alpha Bank upsized the transaction by adding a smaller portfolio (of similar characteristics) bringing the total exposure to approximately EUR1.1 billion.
On 29 May 2018 Piraeus Bank S.A. announced that it has entered into an agreement with Bain Capital Credit LP regarding the sale of non-performing and denounced corporate credit exposures, secured with real estate collateral, equivalent to €1,950mn total legal claims or €1,450mn on-balance sheet gross book value (also known as “Project Amoeba”). Karatzas & Partners advised Bain Capital on all Greek law aspects of the structuring and implementation of the transaction, which is the first commercial real-estate backed NPE sale taking place in Greece and is predestined to set the mark for future similar transactions in the secured corporate loans space. The completion of the transaction is subject to customary conditions, regulatory and other approvals by the respective authorities in Greece, including the consent of the Hellenic Financial Stability Fund.
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