Firm / Organisation

Machas & Partners

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This content is provided by Machas & Partners.

Managing Partners: Nikolaos Koulocheris, Tom Kyriakopoulos
Number of partners: 7
Number of lawyers: 14
Languages: English, French, German, Greek

Firm Overview:
Machas & Partners Law Firm was established in 2011 by Petros Machas, Managing Partner. The firm is an independent, full service corporate and commercial law firm with a strong presence in Greece, distinguished for its global perspective, commercial pragmatism and pro-business approach, as well as for its solid and nationally appreciated litigation practice. Considering its clients’ increased needs for national and cross border tax advisory services, the firm has a specialised tax department focusing on tax structuring of cross border investments and transactions, both for corporations and high net worth individuals. The firm has also focused harder on its energy practice, as well as supporting Start Ups with seamless cross border advisory and compliance work. The increase of its cross-border legal work has led to the opening of an office in Mayfair, London. The London Office complements the firm’s services to UK-based clients with interests in Greece, as well as Greek clients looking to redomicile in the UK.

Main Areas of Practice:  

Antitrust & Competition Law & Litigation
Banking & Finance
Civil Law & Litigation
Commercial Law & Litigation
Capital Markets
Corporate Law/M&A
Criminal Law & White Collar Crimes
Employment
Energy/Infrastructure
Privatisation/Public Procurement
Real Estate
Tax

Corporate/Mergers & Acquisitions/Commercial:

■ Represents Euroxx Securities S.A. acting as Advisor to a Greek company active in the software business with respect to the delisting of the company’s shares from the Alternative Market of the Athens Stock Exchange and the listing of its shares on the Main Market of the Athens Stock Exchange
■ Acts as legal advisor to a large European conglomerate in the acquisition of the controlling stake in a leading Greek company active in the market of pesticides, work including legal due diligence and the negotiations of the transaction documents
■ Acts as legal advisor to a foreign gas producer for the acquisition of a minority stake in a Greek regulated gas trading company
■ Acted as legal counsel to a very successful international brand for the sale of the brand to an international fund; work includes setting up the VDR for the legal, tax, regulatory and technical due diligence, assistance during the due diligence and negotiations on the terms and conditions of the Transaction Documents
■ Acted for the Greek Government with respect to the legislative framework governing its capital market transactions, including amendments to the current law
Contact: Lydia Tsapara, Partner
Email: [email protected]
Contact: Angelike Nestorides, Partner
Email: [email protected]

Banking & Finance:
■ Advised Lavipharm S.A. with respect to an acquisition of a real estate property that will support the operation of its business as well as the company’s financing by a systemic Greek Bank for the real estate acquisition
■ Advised one of Europe’s largest companies in the acquisition of an NPL of consumer, credit card and small debt worth over EUR 2.2bn; the work included negotiations with the bank regarding the terms and conditions of the assignment of the NPL portfolio and the securitisation thereof, as well as the supply of on-going legal and regulatory assistance for the conclusion of the deal
■ Advising and assisting a large Greek MNE in acquiring a substantial Senior Facility Agreement from HSBC to refinance its existing loans and use such borrowings to finance future acquisitions
■ Advising and assisting a large Greek shipping telecommunications company in acquiring financing from the EBRD. Advising Olympia Development S.A.’s, our client’s, subsidiary company, P4-Play, on the issuance of Pik Bonds of an amount between €400 –€500m. The firm’s legal services cover the establishment of new companies, review of contractual documents, drafting of new shareholders’ agreement, and the provision of all documentation required by the underwriters
Contact: Lydia Tsapara, Partner
Email: [email protected]

Litigation/ADR:
■ Represented and acquitted an ultra-net worth individual before the Criminal Courts of Athens for money laundering in relation to an armament programme
■ Representing the client before the Civil Courts of Athens in filing for (a) divorce and alimony and (b) participation in acquired property during time period of marriage amounting €170m
■ Representing the former BoD and top executives of the Hellenic Football Federation against corruption allegations amounting €19m
■ Representing the Rainbow Waters LLC in an international arbitration (pending final characterisation by the arbitral court) with Nestle Waters Direct SA. The arbitration concerns the sale by Nestle of all European companies operating in the field of home and office delivery of bottled water (“HOD”) to a third party competitor company
■ Represented a large construction company in ICC arbitration in Paris regarding a Kuwaiti construction project dispute, the Hellenic State in LCIA arbitration in London on a tax dispute, the Romanian former State Tourism Organisation in ICC arbitration in Geneva, Switzerland regarding a financing dispute
Contact: Petros Machas, Founding Partner and Chairman
Email: [email protected]
Contact: George Papalampros, Partner Email: [email protected]
Contact: Nikolaos Koulocheris, Managing Partner
Email: [email protected]

Employment:
■ Represented Island Vacations Naval Company and Elastron S.A. before the competent Greek court in employment law cases in relation to work accidents, and remuneration claims of the company’s personnel
■ Advising Biorad Laboratories, Rainbow Waters LLC and Navarino Telecoms S.A. on the legality of all its employment terms and conditions. The firm have also undertaken to redraft all employment agreements
■ Representing Dias Aquaculture S.A. before the competent Greek court in relation to a fatal labour accident where the firm successfully proved the deceased’s contributory negligence at 80%
Contact: Maria Antoniadou, Partner
Email: [email protected]

Tax:
■ Provided cross border advisory and compliance services to one of the fastest beverage growing manufacturers in Europe in its corporate restructuring. The tax work included advising on the jurisdictions for its operating and holding companies advising on the implementation of the new VAT scheme (iii) advising on personal tax and social security issues for each investor and (iv) the implementation of the corporate and personal restructuring
■ Provided tax advisory work in connection with one of the largest listed companies on the Athens Stock Exchange regarding the spinning off of its international operations to a separate legal entity outside Greece, the direct and indirect tax implications this may have on the listed company and its shareholders and the most tax efficient manner in which this may be achieved for all stakeholders
■ Advising a large number of high net worth individuals on their everyday international personal and corporate transactions as well as restructuring of personal and corporate wealth
Contact: Tom Kyriakopoulos, Partner
Email: [email protected]

Real Estate:
■ Acting as legal advisor to the Hellenic Republic Asset Development Fund with respect to specialised legal services in the framework of completing the most highly-publicised and largest urban planning project in Europe, the Hellinikon project, whose overall budget exceeds €10bn
■ Acted as legal advisor to Eurobank Ergasias S.A. with respect to the planning and implementation of the transaction regarding the real estate property in Rio – Antirio owned by the Hellenic Republic Asset Development Fund (including the drafting of the contractual and tender documents)
■ In a joint venture with Firon Bar Nir of Israel, the firm provides on-going legal services to Israeli funds investing in Greece, primarily with respect to real estate transactions and perfection of collateral securities for financing purposes
Contact: Nikolaos Koulocheris, Managing Partner
Email: [email protected]
Contact: Angelike Nestorides, Partner
Email: [email protected]

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