IFLR 2009

Kelemenis & Co
“Kelemenis & Co is a top corporate and commercial law firm; we are pleased by the quality of service they continue to provide,” says a client. Established in 2004, the young firm is growing rapidly – in the past year five lawyers have joined the firm, including two partners.
In one notable deal, Yannis Kelemenis advised Aquis Hotels and Resorts on the leasing arrangements for various five-star hotels in Corfu valued at €35 million.
The firm is receiving consistent mandates from Stelow and its Greek subsidiary Youtravel.com. In one, the firm advised on Barclays’ issue of a loan note to Stelow, and also assisted in the restructuring of Stelow, which required Barclays to increase its loan facilities.
In the past year, the firm was also appointed as legal counsel by Lion Hellas for a €220 million private placement in a Greek renewable-energy company.
M&A is proving to be a distinguished practice area for the firm. Kelemenis led a team advising Stelow on the acquisition of a UK travel group through the issue of €15 million loan notes.
In other work the firm has been advising Barclays Ventures’ investments in Greek tourism, and acted for Japanese gas supplier Osaka Gas on an investment project in southeast Europe.