Our law firm acted as legal advisor to the seller for the sale of the total share capital of a Greek company owning one of the top luxury branded hotels in Chania, Crete, to one of the leading hotel companies in Greece and Cyprus.
KBA Law Firm advised a foreign company on the acquisition of 100% share capital of a Greek hotel company. Our work included the design of the structure of the multi-jurisdictional transaction, and the implementation thereof.
Our team advised a foreign company on the acquisition of 100% share capital of a Dutch company owning two hotel units in Corfu, Greece.
Our team achieved the ratification of a restructuring agreement in relation to the financial debt of our client, amounting to €47 million, thus saving our client more than €6 million (incl. reduction of 2-year payable interest towards the Greek State and Social Security Funds). The Multi-Member Court of First Instance ratified the agreement as proposed, whereas the creditors’ claims were dismissed in full. Following the ratification, our law firm is mandated to advise the client on the implementation of the restructuring agreement.
KBA Law Firm successfully represented a Greek hotel company owning one 5* hotel before the Multi-Member Court of First Instance in relation to its debt restructuring of €14.5 million. The court ratified the restructuring agreement, as drafted by our team, and dismissed in full the creditors’ claims. Following the ratification of the restructuring agreement, our team is engaged in advising our client on the seamless implementation of the terms of this agreement.