2017 |Acting for major Greek real estate player in a leasing dispute regarding a commercial property on the island of Mykonos

CLIENT

Ftelia Properties Ltd

 

PRACTICE

Dispute Resolution

 

PARTNER WHO LED THE ADVICE

Theodore Pistiolis

We successfully clawed back €3.5 m for our client in the Greek courts. On success in the courts we were then able to advise our client on its monetisation of the property in question.

The dispute was part of a €12 m project. We advised our client on the development and exploitation of this property including drafting of a construction agreement, bond load agreement , bank loan agreement and commercial exploitation agreement.