Dryllerakis & Associates
The only major staffing change at Dryllerakis last year saw Vassilis Karantounias depart to join the European Commission’s Directorate General for Economic and Financial Affairs. The firm’s strongest suit remains M&A where it maintains its Tier 1 ranking.
“On time responses, given after thorough review of legislation and jurisprudence, taking into account the business needs, they have a pragmatic approach and help us to take calculated risks,” says one client. Another says: “Excellent work, quick time response and on time delivery.”
On the finance side one highlight saw Sophia Grigoriadou lead a team advising a bank syndicate made up of Eurobank Ergasias, Alpha Bank and National Bank of Greece on a refinancing for OTSM Societe Anonyme of Maintenance of Compulsory Stocks and Trading of Crude Oil and Petroleum Products via a securitised bond loan, linked to the purchase of Hellenic Petroleum.
On the M&A side, a team led by John Dryllerakis advised Aegean airlines on the sale of Olympic Air to Marfin Investment Group. In the privatisation space a team led by Cleomenis Yannikas acted for Socar in relation to its bid for 66% of natural gas transmission system operator DESFA.
In another highlight Vassilis Karantounias acted for Crete development agencies OADYK and OANAK and the Ministry of Reforming & E-Governance on the merger and restructuring of the two former parties.