Bernitsas Law acted as Greek law counsel to AP Hermes Securitisation S.à r.l. in connection with the acquisition of an NPL Portfolio of unsecured and secured loans of a total legal claim of c. €700m (Hermes Portfolio). The loans in the Hermes Portfolio had been originally sold and transferred by Piraeus Bank as part of the wider Sunrise I Portfolio.
Partner Athanasia Tsene advised on this transaction, assisted by Associate Odysseas Fokas.