Acclaimed shipping finance practice specialising in high-value and cross-border transactions. Assists bank syndicates and individual lenders with the financing of new vessel acquisitions or sale and leaseback transactions. Acts for creditors on the restructuring of existing shipping loans. Possesses significant expertise in contentious shipping mandates, including groundings, collisions and damage claims. Additionally offers support in charter party disputes, bunkers claims and hull fouling issues.
Alexandros Damianidis is well placed to advise on commercial shipping matters including S&P transactions, newbuild vessel finance and the provision of corporate loans to shipping companies. He is seen by clients as "extremely fast and knowledgeable."
An interviewee reports that Alexia Hatzimichalis is "extremely fast, reliable in her work and has excellent client-handling skills." She regularly handles acquisition and construction finance deals for international lenders, offering additional experience in sale and leaseback transactions.
Antonis Lagadianos rises in the rankings as a result of impressive market feedback for his "deep understanding of shipping dispute resolution matters." He has experience in litigation arising from explosions at sea or engine breakdowns. He also advises on claims arising under war risk policies. Clients hail him as "extremely experienced and commercially minded."
Hong Kong-based and Greek-qualified Christoforos Bisbikos has notable experience in the shipping sector, with particular expertise in sale and leaseback transactions. Interviewees praise his ability to handle difficult transactions.
One client reports that Evangelos Catsambas is "responsive and diligent," while a second source describes him as a "problem solver." His broad contentious practice encompasses cargo claims, disputes over the application of off-hire clauses and cases relating to vessel underperformance.
According to one source, George Iatridis "stands out because of his incredible talent in court." The same interviewee also highlights Iatridis's "tremendous attention to detail." He handles a broad array of maritime disputes, including pollution, wreck removal cases and shipbuilding disputes.
George Paleokrassas receives praise for his "calm and gentle approach to stressful situations.""He has in-depth knowledge and can handle all situations with the proper approach, giving measured and helpful solutions," states another client. Paleokrassas acts for major shipping groups and lenders on debt restructurings, sale and leaseback transactions and new syndicated loan facilities.
Vassiliki Georgopoulos has experience in yacht finance deals, S&P transactions and loan agreements. "The quality of her work, her responsiveness and her commercial awareness lead to the successful conclusion of all transactions she is involved in," a client attests.
This content is provided by Watson Farley & Williams.
WFW has been entrenched in the Greek market since the opening of its Piraeus office in March 1984 and was the first international law firm to open in Greece with a team of English qualified solicitors.
Since then, we have led the way in establishing shipping and shipping finance work in Greece, which has encouraged many other English and international law firms to follow our lead and open up in Piraeus/Athens.
After more than 30 years in Greece, WFW remains a pioneering firm in the market and the pre-eminent shipping firm in the country with a team of lawyers advising both financiers and borrowers on English and Greek law on the most high-profile commercial shipping and finance matters. As far as we are aware, we have the largest and most experienced team in Greece which specialises in non-contentious shipping and ship finance matters.
Our partners are often interviewed by key industry and national press and speak, or act as moderators, at key industry events (for example George Paleokrassas regularly acts as a moderator at one of the panels at the Marine Money conference in Athens held in October each year).
ABN AMRO Bank N.V.
BNP Paribas S.A.
Citibank Agency and Trust Services
Credit Agricole Corporate & Investment Bank
Credit Suisse AG
DNB Bank ASA
DVB Bank SE
HSBC Bank plc
ING Bank NV
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