KLC Law Firm

Greece

IFLR1000 Reviews

Financial and corporate

KLC Law Firm was established in 2000 in Athens through the merger of three law firms.

 

Focusses / specialisms 

The firm has a particularly strong record of project finance deals and its particularly active in energy, renewables sectors and in infrastructure development projects. It also has been advising local and foreign clients in banking and finance as well as in corporate and M&A.

It has demonstrated a prolific record of work with institutional investors such as European Investment Bank, EBRD and local government investment funds such as Hellenic Republic Asset Development Fund and more.  

 

Key clients 

Among the firm’s clients are European Investment Bank, NEHL,Edison, Papatheocharis Group, Pieralisi Group, Galen Industries, and Pharos.

 

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

 

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

 

In banking and finance it advised mostly local lenders in cross-border financing, acquisition finance, and was particularly active in project financing and refinancing. It also acted on behalf of the borrower in the restructuring of its debt.

 

In corporate and M&A it advised local and foreign clients, often on the buy side in acquisitions of shares, assets and SPVs, joint ventures, privatisations, a demerger and on an array of corporate matters. It has been active in all industries including renewable energy and infrastructure, pharma industry and hospitality.

 

In project development it worked on behalf of mainly foreign developers and contractors on tenders for PPP projects in infrastructure and energy, and provided support on complex legal and regulatory matters. The firm has been particularly active in development projects in renewable and classical energy projects.

 

Recent staffing changes include the recruitment of a new partner in corporate and M&A Ioanna Lazaridou, hired from Kelemenis Law Firm.

 

 

Deal highlights: 31st edition (2020/2021) 

Florina and Fthiotida 38.9MW wind farm

DBRS Morningstar NPL-backed securitization

 

Edison $284 million acquisition of Energean

Evros and Argolida wind farm €48 million refinancing

National Energy Group 275MW solar power plant portfolio

NEHL and Piraeus Bank €190 million bond loan facility

 

Southern Evia 25.8MW €40 million wind farm financing

Theocharakis Group €316 million debt restructuring

 

Client feedback: 31st edition (2020/2021)

Bank lending : Borrower side                                  

"Agile, easy to work with, flexible, and professional."

 

Bank lending : Lender side                          

"KLC LAW FIRM were prompt in their assistance, keeping all agreed deadlines.  They provided practical and comprehensive replies, while also providing an analytical legal approach of the matters raised."

 

Banking and finance                         

"Client oriented. High quality and effective legal advice meeting the client's needs. Responsiveness. Excellent collaboration skills."

"Excellent knowledge of the law and very thorough and practical approach to solving problems."

"Quite responsive and direct. Highly skilled at multiple level interaction (from employees to key shareholders). Very professional and prompt feedback thoroughly substantiated by case law, but in a clear and communicative way so that persons outside legal profession can understand. Besides legal support they understand how to contribute in forming a business strategy."

 

Investment funds                              

"Very responsive, highly knowledgeable, excellent negotiations."

 

Investment funds: Private equity funds                              

"The firm is ''on hand'' to assist and consult us at all levels, always promptly and to the point. We have been receiving solid serious legal support at a wide range of business activities, always with the same high level of professionalism. Beyond the comprehensive legal knowledge, KLC is a client-oriented law firm, they embrace responsibility, and they are straightforward."

 

M&A                           

"Excellent knowledge of the sector and privatisation process requirements. Very commercially minded."

 

Project development                        

"I find that the level of the services provided by the firm is very high, all lawyers I worked with are distinguished by their professionalism, sense of teamwork and profound knowledge of our business sector. The team conducted intensive research for possible obstacles regarding the  legality of the contest and the  transaction between the owner and the possible investor. Their work was very thorough and detailed."

"International public procurement regulation experts, meet challenging deadlines, provide solutions to multiple challenging issues arising, providing full business partnership support knowledge of privatization challenges, understanding multiple stakeholders needs."

 

Project development : Energy          

"Efficiency in terms of managing external and internal resources to meet deadlines and manage complex DD issues. Understanding of client needs and responsiveness."

 

Project finance                                  

"Involved lawyers, up to date with energy legislation, competent with time management and solutions provision."

"High-level of expertise on project finance, highly skilled attorneys, good communication skills, excellent time and cost management."

 

Restructuring and insolvency                                  

"Very proactive, cross functional law firm that offers a solution to every issue/criticality. The partner who assists our firm and his associates are engaging, highly professional, experts in their respective fields of competency and go the extra mile to meet our business' needs."

 

Panagiotis Tzioumas

"Problem solving, keep his team on schedule, excellent negotiation skills, good listener."