Work highlights

Mar 2019

€47 m. debt restructuring of a hotel company

Our team advised a Greek hotel company owning a 5* hotel with respect to a €47 million debt restructuring, via a pre-packaged plan (implementation of art. 106b of Greek Insolvency Code).

Feb 2019

out-of-court haircut of outstanding debts amounted to €3 m.

Our team successfully represented a Greek hotel company before the competent tax authority achieving an out-of-court haircut of outstanding debts of €3 million.

Jan 2019

€14.5 m. debt restructuring of a hotel company

Our team advised a Greek hotel company on a €14.5 million debt restructuring, via a pre-packaged plan (implementation of art. 106b of Greek Insolvency Code).

Jul 2018

KBA advises a Big-4 accounting firm

KBA advises on a regular basis a Big-4 accounting firm on complex issues in relation to restructuring involving the implementation of articles 99 sub. of Greek Insolvency Code.

Jun 2018

KBA advises on the acquisition of a Southeastern Europe FMCG distributor

Our team acted as the legal advisor on the acquisition of a fast-moving consumer goods distributor based in Southeastern Europe by a leading group active in logistic services, consumer goods distribution, pharmaceutical products and trade marketing.

May 2018

€81 m. debt restructuring of a leading hotel group

Our firm advised a leading hotel group on the restructuring of its debt valued at approximately €81 million. Specifically, our team played prime role in the negotiations with the main companies’ creditors and successfully represented the three companies of the group before the Multi-Member Court of First Instance, achieving the ratification of the restructuring agreements. Our team also advises the companies of the group on the implementation of the restructuring agreements.

May 2018

5* hotel lease agreement and franchise agreement

Our team acted as advisor to a Middle East based company in negotiating and concluding a long-term lease agreement and franchise agreement of a 5* hotel in Corfu with one of the leading multinational hotel owning and management companies.