Papapolitis & Papapolitis acted for Piraeus Bank in relation to the sale of a corporate non-performing loan portfolio in the gaming and hospitality industry.
Category Archives: RESTRUCTURING & INSOLVENCY
Papapolitis & Papapolitis advised Pillarstone (a KKR Credit pan-European platform) in its €234million multijurisdictional debt restructuring and recapitalisation of Famar AVE.
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.
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 Bank of Greece. The assessment consisted of the four workstreams Asset Quality Review, Credit Loss Projections, Troubled Asset Review and
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 to third party providers. The successful completion of the corporate restructuring paved the way for over 450 employees to join
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.
We acted as lender’s counsel to First Business Bank in relation to the debt restructuring of a €15 Million shipping loan.
We acted for a leading US investor in relation to the implications of the insolvency of a credit institution under the Greek legal framework.
We acted for Babis Vovos International Construction, a company listed on the Athens Exchange, in relation to a major debt restructuring transaction with a number of Greek banks. Houlihan Lockey (Europe) and Axia Ventures Group acted as the Company’s financial advisors.
We acted for a consortium of lenders made up of international investment banks in relation to the enforcement on collateral and advised on the legal framework governing insolvency of a group of companies under Greek law.
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