Kelemenis is instructed by the Greek Power Transmission System Operator to act on litigation, regulatory and tax matters

Following its heavy involvement in the recent legislative overhaul of the Greek energy sector as advisor to the Government, Kelemenis & Co. has been engaged by the Greek Power Transmission System Operator (ADMIE), a full subsidiary of the Greek Public Power Corporation operating under the 3rd EU Energy Legislative Package, to act as outside counsel. The engagement covers a wide range of regulatory and tax matters (including the amendment of the grid code and its alignment with the Greek income and VAT codes and the Code of Books and Records) as well as commercial disputes involving civil and criminal claims against power suppliers/traders. Litigation relates primarily to claims against Energa and Hellas Power, the second and third largest power suppliers in the country, which recently defaulted with debts estimated at about �250,000,000.