Category Archives: SERGIOS MANARAKIS

PHILIPS GREECE ON ONGOING CORPORATE GOVERNANCE MATTERS

Papapolitis & Papapolitis continues to advise Philips Hellas on their ongoing corporate governance and compliance requirements, on a variety of legal matters arising in the course of their business activities and their entry into commercial agreements and public tenders.

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 Bank of Greece. The assessment consisted of the four workstreams Asset Quality Review, Credit Loss Projections, Troubled Asset Review and

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 to third party providers. The successful completion of the corporate restructuring paved the way for over 450 employees to join

YORK CAPITAL IN ITS €125 MILLION INVESTMENT IN INVEL REAL ESTATE’S €653 MILLION ACQUISITION OF 66% OF NBG PANGAEA REIC

Papapolitis & Papapolitis acted for investment management firm York Capital Management (UK) Europe Advisors, in respect of their investment in Invel Real Estate Partners’ €653 Million acquisition of a 66% stake in NBG Pangaea Real Estate Investment Company from the National Bank of Greece. The team advised on the negotiation of the terms of York’s

THE DOGUS GROUP IN THE ACQUISITION OF THE ASTIR PALACE HOTEL

Papapolitis & Papapolitis acted for Dogus Holding in its successful €400 Million bid as an investor in Jermyn Street Real Estate Fund IV, to acquire 85% shares of Astir Palace from the National Bank of Greece and the Hellenic Republic Asset Development Fund, signifying one of the largest privatizations and M&A transactions and the second

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.

BVIC IN RELATION TO A DEBT RESTRUCTURING

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.