Masouros & Partners

Managing Partner: Pavlos Masouros
Number of partners: 2
Number of lawyers: 8
Languages: English, French, German, Dutch, Greek

Firm overview
Masouros & Partners is a law firm headquartered in Athens focusing exclusively on sophisticated capital and specializing in complex corporate transactions and big ticket corporate litigation and arbitration. The firm is often retained by international law firms to advise foreign corporations and investment funds doing business in Greece and has been involved in dozens of Greek M&As. Masouros & Partners has over the years developed a particular focus in the hotel industry, having represented the majority of the world's top hotel brands with presence in Greece and in the energy industry (with a particular focus on renewables) having advised in relation to some of Greece's most high-profile energy projects.

Main Areas of Practice
Corporate/M&A
Dispute Resolution
Energy
Employment

Corporate/M&A 

• Advised the Hellenic Electricity Distribution Network Operator S.A. (“HEDNO”) in relation to the EUR 2.1bn sale and purchase of 49% of its equity stake in an international tender ran by its holding company, the Public Power Corporation.
• Advised Veltia Labs for Life (member of the Tentamus Group) in connection with the acquisition of BeSafer (the leading testing laboratory facility in Crete).
• Advised Petrolina (Holdings) Public Ltd (Cyprus’s largest oil company), in connection with the cross-border buyout of Silk Oil S.A. in Greece.
• Advised Mandarin Oriental Hotel Group in relation to the opening of its first resort in Greece in Costa Navarino.
• Advised Four Seasons in relation to partial spinoff of some its operations and the contribution thereof to a newly incorporated entity.
• Advised the Public Power Corporation S.A. (“PPC”) in connection with its JV with Archirodon N.V. to bid for the Cebren 333MW hydro power project in North Macedonia.
• Advised the Public Power Corporation S.A. (“PPC”) in connection with its JV with Motor Oil Hellas to bid for the majority stake in DEPA Commercial S.A. in the international bidding contest ran by the Hellenic Republic Asset Development Fund (“HRADF”).
• Advised PPC Renewables in connection with a JV for the development of RES/PV projects across Greece of a total capacity of 2.3GW.
• Advised Adaptavist Group Ltd in relation to its acquisition by Nimaworks Ltd.

Key Clients. Mandarin Oriental, Public Power Corporation, Tentamus Group, Petrolina, PPC Renewables, Juul Labs Inc., Viva Wallet, Hyatt Hotels, Adaptavist
Contact: Pavlos Masouros
Tel: +30 210 361 3694
Email: [email protected]

Dispute Resolution 

• Advising the Government of the Republic of Serbia in relation to corporate matters arising in connection with BIT proceedings brought against it by Cypriot company before the ICSID.
• Acted as Greek law expert on corporate matters in connection with arbitration proceedings before the London Court of International Arbitration (LCIA) arising out of a failed EUR 70mn SPA in relation to a Greek hotel company.
• Represented Airwork Ireland Limited before the Greek Courts in attachment proceedings in relation to four (4) commercial aircrafts of total value exceeding USD 400mn.
• Advised a group of HNWI shareholders in a major Greek insurance company before the Greek Supreme Court in relation to novel shareholder rights matters.
• Advising a major fossil fuel importer and renewables operator in the Administrative Courts in relation to a dispute with the Greek Government arising out of erroneous application of subsidies to the oil industry.

Key clients. Government of the Republic of Serbia, Airwork Group

Contact: Pavlos Masouros
Tel: +30 210 361 3694
Email: [email protected]

Energy 

• Advised the Hellenic Electricity Distribution Network Operator S.A. (“HEDNO”) in relation to the EUR 2.1bn sale and purchase of 49% of its equity stake in an international tender ran by its holding company, the Public Power Corporation.
• Advised the Public Power Corporation S.A. (“PPC”) in connection with the international public tender and the attempted share purchase agreement for the 100% acquisition of the two (2) subsidiaries that operate two (2) spun-off lignite-fired power plants of overall 670MW capacity.
• Advised Hive Energy Ltd in connection with the cross-border buyout of a 240MW RES-licensed Greek company.
• Advised the Public Power Corporation S.A. (“PPC”) in connection with its JV with Motor Oil Hellas to bid for the majority stake in DEPA Commercial S.A. in the international bidding contest ran by the Hellenic Republic Asset Development Fund (“HRADF”).
• Advised the Public Power Corporation S.A. (“PPC”) in connection with its JV with Archirodon N.V. to bid for the Cebren 333MW hydro power project in North Macedonia.
• Advised PPC Renewables in connection with a JV for the development of RES/PV projects across Greece of a total capacity of 2.3GW.

Key clients. Public Power Corporation, PPC Renewables, Hellenic Electricity Distribution Network Operator

Contact: Antonis Nikolaidis
Tel: +30 210 361 3694
Email: [email protected]

Employment 

• Advising Four Seasons in connection with a variety of employment law matters in relation to the operation of the Four Seasons Astir Palace hotel in Greece.
• Advising Hilton in connection with certain employment law matters relevant to its establishment in Greece.
• Advising Mandarin Oriental in connection with certain employment law matters relevant to the operation of its first hotel in Greece.
• Advised Sony Music Entertainment in relation to the adjust of its global staff policies for employees in Greece.
• Advised OpenBet in relation to TUPE procedures in Greece.

Key clients. Four Seasons, Mandarin Oriental, Hilton, Sony Music

Contact: Prokopis Iatropoulos
Tel: +30 210 361 3694
Email: [email protected]