Bernitsas Law


IFLR1000 Reviews

Financial and corporate

Founded in 1946, Bernitsas Law advises on all areas of business law. It is among the larger domestic firms with a team of 50 lawyers based in Athens. 


Focusses / specialisms 

The firm works for both domestic and international companies and banks on lending, corporate, capital markets and project development work. In the latter area it is experienced in tender contracts, concession agreements, and the PPP (public-private partnership) agreements. 


Key clients 

The firm has strong relationships with investment funds, working for investors such as Amerra and CVC. The firm also works for domestic and international bank and institutional investors such as Piraeus Bank, Alpha Bank, Citigroup, Commerzbank, Deutsche Bank, IFC and Santander. In project development it worked with Vodafone Greece, Avax SA, CVC, and Hellenic Petroleum.


Research period review: 31st edition (2020/2021) 

The firm has been active in banking and finance, capital markets, corporate and M&A, project development. 

In banking and finance it advised on loans, NPL restructuring, and project finance. It worked on behalf of foreign and international banks, and on the investor and borrower sides. 

In capital markets it was particularly active in securitization transactions such as trade receivables securitization, secured loan receivables and repossessed real estate assets portfolio acquisitions, and bond loans. It also advised on a number of notes issuing transactions in capital markets such as Global Exchange Market of Euronext Dublin, the Luxembourg Stock Exchange and the International Stock Exchange. It advised local private companies and local and international banks in their role as issuers.  

In corporate and M&A the firm worked on cross-border and local acquisitions in banking as well as in renewable and traditional energy, logistics, seafood and agriculture, including acquisitions of NPLs, acquisition of assets and privatizations. The list of clients includes both foreign and international private equity funds, banks and companies, represented as acquirers and sellers. 

In project development it advised local and foreign contractors and developers on concessions, EPC-contracts, participation in tenders as well as on regulatory and corporate matters. The firm was active on projects across various industries including oil and gas, TMT, energy, infrastructure, transport, and shipping. 


Deal highlights: 31st edition (2020/2021)  

Alexandroupolis LNG project

Avis Greece Trade Receivables €186.4 million securitization

CVC acquisition of 99.47% of Vivartia Holdings

Hellenic Petroleum €100 million bond issue

Hellenic Petroleum €400 million bond loans

Intrum €1.92 billion securitization

Intrum acquisition of €2.4 billion Greek NPLs portfolio of bank loan and credit receivables

LMEY Investments acquisition of Thomas Cook shares in Westfort Capital

Piraeus Bank €500 million Tier 2 bond issue

Sazka Group €640 million financing

Titan Global Finance €350 million bond tender offer


Client feedback: 31st edition (2020/2021)

Bank lending : Borrower side                      

“Knowledgeable, responsive, calm, client-focused.“


Banking and finance             

“I have been very satisfied by the quality of response and the degree of availability.”

“They are very strong technically and an excellent resource for Greek law matters. Very reliable and responsive.”

“Very knowledgeable, team responsive, providing valuable business advice.”


Capital markets : Structured finance and securitisation                

“The Bernitsas Law Firm team combined wide range of legal expertise and excellent communication skills. The main attributes of the team were the speed, accuracy and the in-depth analysis they provided to our Company.”



“They know our business. They are always available. They have experience in the market. They provide full legal services from different departments and areas.” 

“Hard working, committed, smart, on top of the matter. Give both excellent legal and practical advice to get the deal done.”       

“Very service-oriented and competent. Solid knowledge of the local market.”

“Quick response. Makes difficult legal issues understandable. Friendly and transparent. Open to proposals and questions.”

“Business oriented, punctual, with deep knowledge in corporate matters and a positive stance.”

“They are very well organized and responsive.”

“Committed, high quality of services and have a very good understanding of client's needs.”

“High quality work, responsiveness, business understanding, and good presenters.”


Private equity            

“Incredibly responsive. Great understanding of the client's needs.”


Project development            

“Professionalism, excellent work, business-oriented solutions.”

“Expert knowledge and timely, accurate and concrete legal advice on regulatory matters, competition law, corporate law and M&A.”


Project development : Energy                      

“Knowledgeable and very efficient.”


Project finance                      

“Work is on-going. Good responsiveness. Experience and knowledge of issues. Speedy response.”



“Comprehensive, in depth, business oriented, legal work availability deliverables on time.”

“Quick response. Open to questions. Knowledge of market. Makes difficult legal issues understandable.”


Athanasia Tsene       

“She is very knowledgeable and a fantastic lawyer. Very responsive.”

“One of the most knowledgeable and responsive lawyers I have worked with. Always accessible, practical and friendly.”

“We were impressed by Athanasia's depth of knowledge of the sector, extremely swift responses and client relationship management.”

“Good responsiveness Good in meeting deadlines.”


Dionysis Flabouras   

“Mr Flabouras is an excellent and highly performing counsel. I appreciated his legal knowledge, his talent and knowledge of the banking and finance sector, as well as his quality of legal reasoning and responsiveness.”

“Responsive, knowledgeable, client focused and friendly.”


Eleni Stazilova

Excellent communication skills and very good at implementing concepts.”


Evi Kitsou      

“She is really accessible and always available when needed. Knows the company really good and identifies our needs.”

“Always easy to contact. Quick response. Friendly and open to questions”

“Always available. Quick. Know-how. Open and transparent.”


Lambros Belessis     

“Very responsive and helpful and remains commercially minded.”

“Experienced, gives efficient advice in a business-oriented manner.”


Ioannis Seiradakis    

“Experience, knowledge, speed, responsiveness, problem solver, and task-oriented.”


Nikos Papachristopoulos     

“Smart, excellent lawyer, very hard working and committed.”

“Great client manner.”

“Nikos is great. Good knowledge and great experience.”


Yannis Seiradakis     

“Very experienced, always available, real deal maker.”

“Yannis has good knowledge of the industry. He is also a skilled and experienced lawyer and a hard worker. His drafting ability is very good.”

“Excellent communication skills and very good at implementing concepts.”

“Excellent legal advisor deep legal knowledge availability business-oriented solutions”

“Excellent lawyer business oriented providing solutions and solid legal work counting on him on a 100% basis.”