Leveraging extensive knowledge of Greek insolvency legislative changes, POTAMITISVEKRIS combines an 'innovative' approach with strong advisory skills, ensuring that both creditors and debtors are well supported across both formal insolvencies as well as restructuring processes. Group head Stathis Potamitis‘ insolvency expertise encompasses domestic and cross-border matters, and as well as his role as one of the key architects helping to draft the newly reformed insolvency code in Greece, he is also currently part of a European Commission expert group on the preparation of an insolvency and restructuring directive. This level of insight ensures that Potamitis is a popular choice for clients, including a number of debtors, who are well protected in relation to the negotiation of rehabilitation agreements. Vassilis Stergiou ’excels in providing out-of-the box solutions’ to banks and funds as creditors and has ‘gained valuable experience by working on some of the largest and most difficult restructurings in Greece'. Much of this work has been handled alongside associate Konstantinos Rachianiotis, with one client lauding the pair as ’two of the best legal advisors one can have not only in Greece but throughout the SEE region’.
Testimonials
Collated independently by Legal 500 research team.
‘The team displays an in-depth knowledge of the law, exceptional negotiation skills and strong business acumen.'
‘The professional and responsive team possesses extensive experience in finance and banking issues, especially focusing on insolvency.’
Key clients
- Hellenic Ministry of Finance
- Folli Follie
Work highlights
- Advised the court-appointed Board of Directors of Folli Follie Group in the negotiation and execution of the rehabilitation agreement, which was ratified by the Bankruptcy Court of Athens in 2022.
- Advised Farallon Capital in the restructuring of Euromedica healthcare group.