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Timagenis Law Firm

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Managing Partners: Gregory Timagenis, Lily Timagenis and Yiannis Timagenis
Number of partners: 5
Number of lawyers: 15
Languages: English, French, German, Greek

Firm Overview:
Timagenis Law Firm was founded in 1977 and is currently one of the most prominent and market-leading law firms in Greece. Timagenis Law Firm’s legal expertise and market experience offers expert advice and personalised services to its international and domestic clients in all areas of commercial law. The Firm’s tradition, strength and main volume of work lie in the shipping, banking and finance, shipping taxation, general corporate and commercial matters, as well as handling complex domestic and cross-border dispute resolution cases (in both arbitration and court litigation).

Main Areas of Practice: 

-Maritime
-Dispute Resolution and Arbitration
-Banking & Finance
-Capital Markets & Securities
-Joint Ventures, Mergers & Acquisitions
-General Commercial & Corporate
-Real Estate
-Shipping Administrative & Taxation
-Family, Inheritance & Estate Planning
-Data Protection
-Employment


Maritime:

The Firm provides all the legal services required by domestic or international companies involved in shipping. The practice of the Firm includes the handling of a very broad area of contentious matters relating to admiralty, salvage, towage, collision, charterparties, carriage by sea, bills of lading, cargo claims, personal injury, as well as arrest of ships, enforced sale of ships, maritime liens and enforcement of ship finance securities (ship finance banking litigation, maritime debt recovery and corporate veil piercing proceedings). It has a strong reputation in dealing with matters pertaining to all non-contentious and corporate aspects of shipping including inter alia incorporation of maritime companies, sale and purchase of ships as well as ship and mortgage registration. A particular strength of the Firm is dealing with every aspect of ship financing including negotiation of ship finance loan agreements for newbuilding and second-hand vessels, refinancings, work-outs and restructurings in the context of problematic and non-performing shipping loans, advising on transfers of ship finance portfolios etc.
Contact: Gregory Timagenis, Yiannis Timagenis
Email: [email protected], [email protected]

Dispute Resolution and Arbitration:
The Firm has a formidable reputation for its expertise and legal skill in complex domestic as well as international litigations with multi-jurisdictional elements and arbitrations conducted in accordance with ICC, LCIA or LMAA rules as well as PAMA and the Hellenic Chamber of Shipping. Gregory Timagenis has been appointed regularly as an arbitrator in ICC and Hellenic Chamber of Shipping arbitrations.
Contact: Gregory Timagenis, Yiannis Timagenis
Email: [email protected], [email protected]

Banking & Finance:
The Firm advises a number of Greek and foreign banks on their usual banking activities as well as on financing transactions and on litigation. The Firm’s practice on the transactional side involves advising banks in agreements for the financing or refinancing particularly of newbuilding and second-hand vessels, in foreign exchange transactions, swaps and other derivatives, including related netting issues, money laundering, consumers’ protection, data protection, the transfer of banking business, transfer of loan portfolios, restructurings and work-outs as well as on usual banking work (such as bank licensing, KYC, issue of bank guarantees and letters of credit, transfers, taxation of banks, bank secrecy etc.).

The Firm offers comprehensive legal advice on all financing aspects including the structure of the financing transaction both from bank’s perspective and from borrower’s and the handling of the transaction from its inception up to the closing and involves single-ship or multi-ship financing, single or multi-currency loans whether bilateral or syndicated, term loans, revolving credit facilities, mezzanine financing as well as sale and leaseback transactions (particularly involving Chinese lease companies), risk participation agreements, assignments of loans and transfer of portfolios including transfer of the relevant security package etc. The Firm also handles restructuring and work-out transactions and the preparation and negotiation of the relevant documentation including interim settlements, standstill and forbearance agreements.

In the context of litigation, the Firm has been involved in debt recovery claims for banks at both domestic and cross-border scale including enforcement of judgments and arbitral awards, enforcement of mortgages on ships or real estate, arrest of vessels, bank account attachments and in general enforcement of the entire security package of a ship finance loan agreement, performing asset searches, corporate veil piercing proceedings and imposing interim charges such as provisional orders, prenotations or similar charges on assets etc.
Contact: Gregory Timagenis, Lily Timagenis, Yiannis Timagenis
Email: [email protected], [email protected], [email protected]

Capital Markets & Securities:
The Firm advises banks (as underwriters) and companies in international capital markets transactions and their subsequent relations with the Stock Exchange and the Capital Market Authorities. The Firm is particularly specialized in listing of shipping companies and has advised the first shipping company to be listed with the Athens Stock Exchange (ATHEX).

The Firm acted as issuer’s Greek Counsel in one of the largest deals in the history of the ATHEX concerning the issuance of the ground-breaking €400m high yield bond to partly finance the acquisition of a 33% stake in a major ATHEX listed corporation. The Firm consistently acts as Greek law counsel and provides legal opinions to underwriters regarding share issuances and IPO relating to Greek interest listed shipping companies.
Contact: Christos Timagenis
Email: [email protected]

Joint Ventures, Mergers & Acquisitions:
The Firm has extensive experience in advising on joint ventures, shareholders agreements and M&As advising both Greek shipowners and foreign investors. The Firm assists in the structuring of the transaction from inception to closing including preparing the necessary agreements and corporate structure, coordinating foreign counsel, carrying out the necessary legal due diligence and organising the completion of the transactions.
Contact: Gregory Timagenis, Yiannis Timagenis, Christos Timagenis
Email: [email protected], [email protected], [email protected]

General Commercial & Corporate:
The Firm provides comprehensive advice to corporations with particular emphasis on Greek and foreign shipping and ship management companies providing legal support on a broad aspect of matters including from everyday legal issues to complex corporate and commercial matters.

In particular, the Firm is involved in the drafting and negotiation of commercial contracts of all types including lease, employment, outsourcing, IT, distribution and agency agreements as well as in all types of commercial litigation and proceedings that may arise in the course of business activities of a corporation including bankruptcy and reorganisation, trademarks, agency, employment etc. The Firm has long standing expertise in the incorporation and legal issues of all types of Greek Companies shipping and non-shipping and provides regular advice on the setup, establishment, organisation and structure of group of companies and multinational corporations with branches or subsidiaries in Greece.
Contact: Lily Timagenis, Yiannis Timagenis, Christos Timagenis
Email: [email protected], [email protected], [email protected]

Real Estate:
The Firm deals with the sale and purchase of real estate often combined with the creation of a corporate structure for the real estate ownership, the import/export of capital, tax issues etc. The Firm also engages in ownership investigation, asset searches as well as mortgages and prenotations of real estate as security for debts.
Contact: Lily Timagenis, Yiannis Timagenis
Email: [email protected], [email protected]

Shipping Administrative & Taxation:
Administrative and taxation aspects are dealt with by the Firm in all cases of corporate and banking work, foreign investment, joint ventures, mergers and acquisitions, transfer of business and inheritance cases. On the advisory side, the Firm provides regular advice to individuals, shipmanagement and shipbroking companies on all shipping taxation matters.
On the contentious side, the Firm handles shipping related administrative and taxation proceedings. In particular, the Firm has successfully represented individual ship-owners and shipmanagement companies in administrative and taxation proceedings before all court levels as well as before public authorities and regulators. The Firm successfully acted for the Union of Shipowners of Passenger Ships before the full session of the Legal Council of the State in connection with the VAT relating to the bars and restaurants consumption on board passenger ships and ferries performing international voyages.
Contact: Lily Timagenis, Christos Timagenis
Email: [email protected], [email protected]

Family, Inheritance & Estate Planning:
The Firm deals with a limited number of such cases on a confidential basis for major clients in Greece and abroad and especially where business and assets in more than one jurisdictions are involved including coordination to foreign counsel. The services include establishment of family foundations, family planning and trusts etc. Due to the confidential nature of those matters by way of illustration reference may be made to the advice and legal support given by the Firm to the trustees of several major estates including some legendary names in shipping.
Contact: Lily Timagenis
Email: [email protected]

Data Protection:
Our Firm was the first shipping firm to provide advice on data protection matters under the Directive 95/46/EC regime. Currently the Firm offers bespoke legal advice on data protection and privacy matters in Greece and is advising its shipping clients in all aspects of application of the GDPR and its impact on their business operation. The Firm’s compliance and advisory work includes, but is not limited to advising on all aspects under the GDPR regime from data mapping to drafting of the necessary compliance documents (DPAs, policies, procedures etc.). On pre-GDPR era, the Firm provided advice on employee data storing, monitoring and all other HR related matters; internal procedures, such as privacy policies, notices and consent forms; data breaches; whistleblowing hotlines; website structure, including terms and conditions and cookie policies; structure agreements for transfer of data outside the EEA, including model clauses, safe harbour (when applicable) and Binding Corporate Rules; litigation discovery requests (primarily from the US). The complex and international nature of data protection combined with our clients’ international presence and needs has empowered our team to develop formidable expertise in multi-jurisdictional compliance matters.
Contact: Yiannis G. Timagenis
Email: [email protected]

Employment:
The Firm advises Greek and international corporations with branch offices in Greece in all aspects of employment law in Greece. The in-depth knowledge of the specific provisions applicable and inner workings of shipping companies allows our Firm to provide strategic and practical advice on almost every employment law aspect that may arise. Our Firm has advised on employment structures, flexible employment schemes, employee equity incentive plans, internal restructuring, collective redundancies, voluntary exit schemes, has particular expertise and has advised and negotiated the dismissal and/or retirement procedures of top level executives. One of the most important aspects of the Firm’s expertise lies in successfully guiding employer corporations to handle employment disputes leading them to avoid time-consuming and expensive court proceedings. The Firm has also been involved in advising and drafting of top level executive employment contracts as well as the drafting and handling of the entire process of settlement of employment disputes.. The Firm has represented and defended employers in employment disputes both in respect of out-of-court settlements as well as before all levels of the civil courts and in hearings before public employment authorities (in particular the Hellenic Labour Inspectorate).
Contact: Yiannis G. Timagenis
Email: [email protected]