The Ministry of Finance updates the list of non-cooperative countries for 2017 and clarifies provisions on supplementary tax returns.
Bernitsas Law is a sponsor of the Delphi Economic Forum III which takes place on 1-4 March, 2018. Panayotis Bernitsas is a member of the panel on Public Policy Reform, taking place at 10.30 on Saturday 3 March, Day Three of the Conference in the Konstantinos Karamanlis Hall. About Delphi Economic Forum Delphi Economic Forum […]
Bernitsas Law is advising CYTA Cyprus in their sale of CYTA Hellas SA to Vodafone-Panafon Hellenic Telecommunications Co. SA. The value of the transaction is €118m and the SPA was signed in January 2018. Completion is pending regulatory and competition approvals. CYTA is Cyprus’ incumbent landline, mobile and broadband internet telecommunications provider. Vodafone-Panafon is a member of the Vodafone Group Plc […]
Bernitsas Law offers its support to the people of the Municipality of Mandra, whose homes and livelihoods were devastated by the severe flooding in November 2017. Our donation will go towards meeting immediate housing needs and the rebuilding efforts.
Bernitsas Law is advising a consortium of S.N.T.G.N. Transgaz SA, The European Bank for Reconstruction and Development, Reganosa Asset Investments, SL and Regasificadora del Noroeste SA in the tender for the acquisition of a 66% stake in Hellenic Gas Transmission System Operator (DESFA). DESFA is a subsidiary of DEPA, the Public Gas Corporation, and owns […]
Bernitsas Law acted as Greek counsel to Ellington Management Group in connection with the investment of Ellington Funds in Thea Artemis, a licensed servicing platform for non-performing loans, which was formed in July 2017 through a partnership between Attica Bank and Aldridge EDC. Thea Artemis acts as a servicing platform for the €1.3bn portfolio of […]
Bernitsas Law is a sponsor of the East Mediterranean Energy Law Forum, which takes place on 8 December in Athens, organised by Palladian. Yannis Kourniotis is a keynote speaker and will present on The Basic Parameters of the Lease Agreement.
Bernitsas Law acted as Greek law counsel to (a) the Dealer Managers in connection with the successful tender offer made by Titan Global Finance Plc (TGF), a wholly owned subsidiary of Titan Cement Company SA (Titan), to holders of TGF’s 4.25% guaranteed notes due July 2019 of principal amount €300,000,000 and outstanding principal amount €287,170,000 […]
Bernitsas Law advised Hellenic Healthcare Sàrl, a company majority controlled by funds advised by CVC, in its entry into a binding agreement to acquire 97% of the share capital in IASO General SA from IASO SA for c €19.4m. IASO General SA is a subsidiary of IASO SA, a company listed on the Athens Exchange, […]
Bernitsas Law advised Intrum Group on the acquisition of a €1.5bn NPLs portfolio from Eurobank and on the servicing arrangements for the portfolio. The agreement for the sale and purchase of the portfolio was signed on 5 October 2017 and the transaction closed on 13 November 2017. Intrum is a leading European credit management services group. […]