George Paleokrassas > Watson Farley & Williams (New York) LLP > New York, United States > Lawyer Profile

Watson Farley & Williams (New York) LLP
120 West 45th Street
20th Floor
New York, New York 10036
United States
George Paleokrassas photo

Work Department

SENIOR PARTNER OF THE FIRM AND GLOBAL MARITIME SECTOR CO-HEAD

Position

George advises on a broad range of work spanning the maritime sector, acting for major shipping lenders and shipowners on the structuring and restructuring of loan and leasing transactions, the acquisition, sale and transfer of shipping loan portfolios, on transactions involving distressed assets as well as for owners, operators and investors on shipbuilding projects, long-term charter arrangements, joint ventures and other general corporate matters involving shipowning groups.

He is universally recognised as one of the leading lawyers in the maritime sector both in Greece and internationally, including by legal directories Chambers Europe, Chambers Global, Legal 500 EMEA and IFLR 1000. In 2019, Chambers styled him quite simply an “excellent lawyer” and Legal 500 as “highly esteemed”. Clients have described him as “utterly outstanding.”

Lawyer Rankings

United States > Transport > Shipping: finance

Praised by clients as ‘The clear leader in shipping finance’, Watson Farley & Williams (New York) LLP‘s New York-based practice advises on the gamut of shipping finance transactions, including capital markets and private equity deals. It also assists with restructurings, insolvencies, sanctions, and tax issues; and on behalf of owners, shipbuilders, investors, lenders and operators, the group advises on the Jones Act. In recent highlights, the team assisted Altera Infrastructure with aspects of its Chapter 11 restructuring process in the US. Senior partner and New York office head, George Paleokrassas represents shipping lenders and shipowners on the structuring and restructuring of loan and leasing deals, as well as transactions involving distressed assets; and Christopher Belisle assists with asset-based loan facilities for ships, along with lease financings. The practice further showcases John Benson, who represents financial institutions and investment funds, as well as owners and operators in the international shipping markets; and corporate, private equity, securities and capital markets transaction expert, Steven Hollander, who ‘gets the job done’. Other names to note are maritime sector specialists Filana Silberberg (a late 2022 hire from Seward & Kissel LLP), Will Vogel, C J ChidoMaxi Adamski-De Visser and Todd Johnson. In October 2023, former partner Daniel Rodgers left the firm.