RESTRUCTURING

Our Restructuring practice is distinguished by a track record of successfully navigating lenders, financial sponsors, investors and corporations active in a diverse range of sectors in the financial restructuring and re-organisation of their businesses.

We have advised in the recent years the investors and the creditors in some of the largest restructuring transactions that have taken place in the Greek market according the Greek pre-bankruptcy processes.

We regularly advise lenders in corporate restructuring matters and enforcement of liquid and illiquid securities and fixed assets.

Through our firm’s expertise in advising financial sponsors and investors in acquisitions of performing and non-performing loan portfolios from banks, we regularly focus and provide advice on enforcement proceedings, court restructurings and liquidation proceedings.

We concentrate on assisting our clients to achieve their commercial aims through practical and sustainable structures which are aligned with the increasingly complex legislation governing restructurings and workouts. Our in-depth knowledge of the local environment, coupled with our far reaching experience in international transactions, places us in an ideal position to assist in cross-border transactions which demand reconciliation of multi-jurisdictional legislation.

Our experience in this area covers industry sectors such as finance, leisure and hospitality, real estate, energy, infrastructure, gaming, food, technology and telecoms.

“Exceptional, high-quality service that always delivers results and gets the deal done in a very efficient manner.”
LEGAL 500 EMEA 2021

“The team are extremely commercial in their advice, which is based on a good knowledge of Greek law and legal procedure.”
LEGAL 500 EMEA 2021

 Representative Matters

PIRAEUS BANK SALE OF NPL PORTFOLIO

Papapolitis & Papapolitis acted for Piraeus Bank in relation to the sale of a corporate non-performing loan portfolio in the gaming and hospitality industry.

PILLARSTONE FAMAR RESTRUCTURING

Papapolitis & Papapolitis advised Pillarstone (a KKR Credit pan-European platform) in its €234million multijurisdictional debt restructuring and recapitalisation of Famar AVE.

CETRACORE ENERGY MULTI-MILLION INVESTMENT IN JETOIL THROUGH ARTICLE 106 PRE-BANKRUPTCY PROCESS

Papapolitis & Papapolitis acted for Cetracore Energy GmbH in relation to its investment through an Article 106 pre-bankruptcy process for the restructuring of JetOil-Mamidoil S.A. one of the largest Greek oil trading companies.

BLACKROCK SOLUTIONS IN ITS DIAGNOSTIC ASSESSMENT OF THE GREEK BANKING SYSTEM

A team led by Nicholas Papapolitis advised international advisory firm BlackRock Solutions in respect of their diagnostic assessment of the loan portfolios of a select group of Greek commercial banks following BlackRock’s engagement by the

HELLAS ONLINE IN ITS CORPORATE RESTRUCTURING AND SPIN-OFF OF BUSINESSES

Papapolitis & Papapolitis acted for leading fixed line and broadband services provider, Hellas Online, on the corporate restructuring of the company that led to the outsourcing of the Customer Operations, Retail Sales and Retention departments

PIMCO EUROPE IN THE DUE DILIGENCE OF THE BANKING SYSTEM OF CYPRUS

Papapolitis & Papapolitis acted for Pacific Investment Management Company (PIMCO) as Greek counsel, in relation to the independent due diligence of the banking system of Cyprus.

ATHENS

Leoforos Vasilissis Sofias 16, 
10674 / Athens, Greece

T. +30 210 3615544 
F. +30 210 3609168 
E. athens@papapolitis.com

LONDON

111 Park Street,
London, W1K 7JL, UK


T. +44 203 655 7940
F. +44 203 655 7940
E. london@papapolitis.com

 

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ATHENS

Leoforos Vasilissis Sofias 16, 
10674 / Athens, Greece

T. +30 210 3615544 
F. +30 210 3609168 
E. athens@papapolitis.com

 

Stay Connected