Zepos & Yannopoulos was named Greece’s Law Firm of the Year in IFLR’s 21st European awards, one of the most prominent and widely acknowledged award for legal innovation in cross-border transactions across Europe in the areas of financial and business law. The win comes after a record of four IFLR nominations, including a nomination of our Finance & Capital Markets team as Europe’s Securitisation and Structured Finance Team of the Year, making us the only Greek law firm to have ever been nominated in a cross-European category.
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“The pivotal role Zepos & Yannopoulos has played in reshaping Greece’s financial sector through NPL resolution is undeniable. As context, Greece’s four systemic banks, plus one mid-sized bank, held €106.5 billion in NPEs in March 2016, and nearly €82 billion in December 2018 (against a GDP of €191 billion). This makes NPL resolution a key systemic issue. Zepos & Yannopoulos has been pioneering with regards to the Greek securitisation law and has orchestrated numerous ‘firsts’. 2019 was again illustrative of this, where the firm was instrumental in the Piraeus Bank – Intrum transaction, acting for Intrum, and advised Eurobank Ergasias on its NPL mortgage securitisation”, IFLR Europe Awards 2020 Winners announcement.
This award is recognition of our record-breaking work of the past few years, and an opportunity to thank our clients for entrusting us with some of the largest-scale transactions of the Greek market. It attests the focus of our firm to transactional work demonstrated by our leading presence in milestone NPL and structured finance deals, as well as M&A, energy and project development transactions.
“Three years before celebrating our 130th anniversary, the caliber of our people along with our sophisticated infrastructure is a constant source of pride. We remain committed to our culture of delivering high performance, fostering transparency and business ethics and this is exactly what we aspire to be as Greece’s Law Firm of the Year”, commented Dimitris Zepos, managing partner of the firm.