Dionysis specializes in banking & finance law. He has extensive experience in corporate, project, real estate, acquisition and structured finance transactions in various sectors, NPL-related and fund finance transactions, securitisations and bond issues.

Dionysis has been also actively involved in major refinancings and financial restructurings and has extensively advised credit and financial institutions and funds on complex regulatory compliance requirements.

Besides his practice, Dionysis is a visiting professor at the University of Athens (Department of Economics) teaching civil, commercial, banking and capital markets law and is widely published and cited. He is also a member of the Bank of Greece and Hellenic Capital Market Commission’s Examination Committee for the provision of investment services certification under Law 4514/2018 (MiFID II). He joined K&P in September 2023.

Credentials

EDUCATION
University of Athens (LL.B. in Hellenic Law)
University of Bristol (LL.M. in Commercial Law)
University of Oxford (M. St. in Legal Research)
University of Athens (Doctorate in Civil and International Trade Law)
LANGUAGES
Greek and English
ADMISSION
2002, Athens Court of Appeal
2001, Solicitor of the Supreme Court of England & Wales
MEMBER OF
Athens Bar Association
Union of Civil Law Lawyers
PUBLICATIONS
The Law of the International Sale of Goods – A Contribution to the Interpretation of the UN Convention of the International Sale of Goods (Law 2532/1997) (CISG), INCOTERMS 2000 and Law 2251/1994 (in Greek), Nomiki Vivliothiki, 2010 (Commentary)
An Introduction to Civil Law – Legal Doctrine, Case Law and Examples (in Greek), Ant. N. Sakkoulas, 2009 (University Teaching Manual)
The Allocation and Transfer of Risk of Loss or Deterioration in the Sale of Goods, Ant. N. Sakkoulas, 2007 (Monograph)
Commentary on articles 201-210 Civil Code (conditions and terms) (in Greek), in Concise Commentary on the Civil Code (ΣΕΑΚ), Ap. Georgiades (ed.), Vol.1, 2nd ed. 2022, 1st ed. 2010
Judicial review of the abusive termination of credit transactions in the context of the Bank of Greece Code of Conduct procedure - Comment to the Greek Supreme Court Judgment nr. 323/2021 (in Greek), Commercial Law Review 2022, p. 536 seq.
Law of Financial Markets (Banking Law & Capital Markets Law), 3rd ed., 2022 (University Teaching Manual)
Chapters on the Bank of Greece Code of Conduct, Commercial Sales, ICC INCOTERMS 2000 and CISG (in Greek), in Law of Commercial Contracts, I. Venieris /N. Vervesos (ed.), 2021
The Legal Framework of NPLs (in Greek), 2017 (Teaching Manual for the internal training programme of a Greek systemic bank).
The termination of credit agreements in the light of the Code of Conduct of the Bank of Greece – Procedure and legal issues (in Greek), Chronicles of Private Law, 2016, p. 307 seq.
Revocation of successive disposals defrauding lenders (actio pauliana) in the context of revolving account credit facilities – Liability of Guarantor and commentary on articles 944-945 Civil Code (in Greek), Applications of Civil Law, 2016, p. 1029 seq.
When bullets penetrate bullet-proof vests: conformity of the bullet-proof material to the contract of sale and concurrent remedies (in English), Journal of Law & Commerce (USA), 2011 (Vol., 29), p. 171 seq.
Amendments in the Sale of Goods Act 1979 following the implementation of Directive 1999/44/EC in the UK (in English), Revue Helleniq de Droit International, 2011, p. 463.
Conditional donation of immovable property covered under a wash sale transaction – Form and revocation of the donation due to the non-performance of the condition (in Greek), Applications of Civil Law, 2011, p. 378.
Commentary on articles 1485-1504 (allowance under law) and 1846-1859 (acceptance and giving up of the right of inheritance) Civil Code (in Greek), in Concise Commentary on the Civil Code (ΣΕΑΚ), Ap. Georgiades (ed.), Vol. 2, 1st ed. 2011

Ranking & Awards

Expert consultant
IFLR 1000
Ranked
Chambers & Partners
Ranked
Chambers & Partners
Ranked
Chambers & Partners
Ranked
Chambers & Partners
Expert Consultant
IFLR 1000
  • "Dionysis Flambouras offers extensive expertise covering a wide variety of finance mandates, including real estate financings, securitisations of receivables and bond loans." Chambers & Partners, 2024
  • "Dionysis Flambouras is a very effective lawyer with a great level of responsiveness and client service." Client Testimonial, Chambers & Partners, 2024
  • "Dionysis Flambouras goes into the detail of matters and is able to offer commercial advice." Client Testimonial, Chambers & Partners, 2024

RELEVANT NEWS & INSIGHTS

Karatzas & Partners advised the Banks in the successful refinancing of United Group B.V.

Our firm shares Gastrade's announcement regarding the LNG Alexandroupolis Terminal

Our firm advised as Greek law counsel in the issue of a €130 million bond by LR Health & Beauty SE with Trustee & Agency AB as trustee

Our firm advised Elpedison S.A. on its €214m bond loans

Our firm advised Astir Palace Vouliagmenis on €350m bond loan

Our firm advised National Bank of Greece in the disposal of 10% stake in NBG by HFSF

Skouries Project wins Best Natural Resources Deal at 2023 EMEA Finance Awards

Our partner Christina Faitakis shortlisted in the Women in Business Law Awards 2024 EMEA

Our firm acted as external legal advisor to NBG on all Greek law aspects of the Tender Offer and the issuance of the New Notes

Our firm advised the Joint Coordinators and Bookrunners in connection with the offering of a €130 mln. Bond Loan issued by INTRALOT S.A.

Our firm advised Eurobank, Alpha Bank and National Bank of Greece on the financing of 9 PV parks of a total capacity of 940MW

Our firm advised Autohellas in the public offering of a €200 million Bond Loan

Our firm advised the Joint Coordinators and Bookrunners in connection with the offering of €100 mln. bonds issued by IDEAL HOLDINGS S.A.

Our firm advised Bain Capital in the sale and transfer to Trastor REIC of office spaces in the landmark Athens building Politeia Business Center

Our firm has proudly advised Lazard Frères SAS, the disposal advisor of the HFSF, in connection with the acquisition of the entire stake of HFSF in Alpha Services and Holdings S.A. by UniCredit

K&P is once again Top Tier Firm in the IFLR1000 2023 Europe Rankings

NPL Greece Conference 2023

Our firm advises on the acquisition of the Project Tethys Portfolio

Our firm advised REDS S.A., in connection with the issuance of a secured bond loan of up to €71 million for the acquisition of the land in Gournes, Heraklion, Crete.

Our firm has proudly advised J.P. Morgan in connection with the Greek law aspects of closing a transaction for the acquisition of a 48.5% ownership stake in Viva Wallet S.A.

Our firm acts as Greek law legal advisor to Hellas Gold in a €680 million project financing facility.

Our firm has advised Waterwheel Capital Management, LP in relation to Sunrise III, the latest HAPS securitization transaction originated by Piraeus Bank S.A.

Our firm is ranked Tier 1 in all practice areas by IFLR 1000

Our firm advised Bespoke SGA Holdings S.A. and EOS Hellenic Renaissance Fund on the acquisition of the company Hellenic Juices Société Anonyme

Our firm advised Athens International Airport S.A. in connection with its financing amounting to circa €1.1billion.

Our firm advised National Bank of Greece on the signing of Project Frontier II

K&P advised the Joint Coordinators and Bookrunners in connection with bond issuance of €100,000,000, by CPLP Shipping Holdings PLC

K&P advised the Joint Coordinators and Bookrunners in connection with bond issuance of €100,000,000 by Safe Bulkers PLC

Our firm acts as Greek legal counsel to J.P. Morgan in connection with its strategic investment in Viva Wallet

K&P advised National Bank of Greece on the completion of Project Frontier

K&P advised NBG on the signing of a definitive agreement to form a Joint Venture partnership with EVO Payments

K&P advised the Lead Underwriters in the successful public offer and listing of the common bond loan issued by NOVAL Property

K&P advised PPC S.A. on its capital increase with gross proceeds of €1.35 bn

K&P advised the Joint Coordinators and Bookrunners in connection with bond issuance of €150,000,000, by CPLP Shipping Holdings PLC

K&P advised National Bank of Greece on the signing of Project Frontier

K&P is advising Eurobank in its landmark Mexico transaction

K&P advised Autohellas

K&P advised an ad hoc group of noteholders in relation to the restructuring of the debt facilities of Intralot Group companies

Our partner Nikos Fragos has contributed in the "Commercial Contracts Law" publication

K&P advised NBG & Eurobank on a new secured bond issuance for the construction of a second 15MW photovoltaic park in Greece

K&P advised LAMDA Development S.A. in the Eur 347 mio financing arrangements for the acquisition of 100% of the shares in Hellinikon S.A.

K&P is the exclusive contributor of the 2021 edition of Lexology Getting The Deal Through Structured Finance & Securitization / Greek guide

IFLR1000 announces K&P as Greece's Banking & Finance Law Firm of the Year

Karatzas & Partners ranked as a Top Tier Firm at The Legal 500 EMEA 2021 edition

K&P has provided advice in the landmark Vega transaction of Piraeus Bank S.A.

K&P is the official contributor of the L500 Banking & Finance Country Comparative Guide 2021

K&P participated in the NPL Webinar on Market Perspectives

K&P advised National Bank of Greece

K&P Newsletter about the amended AML Law

Karatzas & Partners advises SAZKA Group

Karatzas & Partners advised Eurobank Ergasias Services & Holdings S.A.

K&P EU Bulletin: Recent developments in capital markets and banking

K&P EU Bulletin 3

Karatzas & Partners has advised LAMDA Development S.A.

Banking & Finance Alert: Law 4701_2020 on Microcredit Institutions

Karatzas & Partners advises  Eurobank

Karatzas & Partners advises Alpha Bank

Karatzas & Partners advises doValue

Karatzas & Partners advises National Bank of Greece

Karatzas & Partners proudly sponsors Delphi Economic Forum V

Digital Customer Onboarding by Banks and other Supervised Entities

E-signature validity and usage in Greece

Karatzas & Partners contributes to Lexology Getting The Deal Through - Structured Finance & Securitisation - Greek chapter

Update on emergency measures in the Greek Banking and Capital Markets Sector in Response to the COVID-19 Crisis adopted from 31.03.2020 to 29.04.2020

Karatzas & Partners ranked as a Top Tier Firm at The Legal 500 EMEA 2020 edition

Greek Banks adopt payment relief measures for debtors affected by the COVID-19 pandemic.

EBA publishes Guidelines on treatment of public and private moratoria in light of COVID-19 measures.

Karatzas & Partners NBG Financing

Covid-19 further tools offered by Banking regulators

Karatzas & Partners advises Eurobank

K&P summary of all the measures in the Greek Banking and Capital Markets Sector in response to the COVID-19 Crisis

Karatzas & Partners advises Athens International Airport (AIA)

Karatzas & Partners advises Eurobank

Karatzas & Partners advises doValue S.p.A.

Karatzas & Partners advises National Bank of Greece

Karatzas & Partners participated as Greek legal expert in the preparation of the EBRD study on the legal framework for the enforcement of creditors' claims in Albania, Croatia, Cyprus, Greece and Ukraine.

Bank of Greece establishes a Central Balance Sheet Data Office

Karatzas & Partners advises Piraeus Bank in a pioneer and complex transaction contemplating a long-term strategic partnership between Piraeus Bank and Intrum.

Karatzas & Partners Law Firm advised Piraeus Bank on a long-term strategic partnership with Intrum establishing a market-leading servicer of non-performing assets in Greece valued at €410mn

Management and Transfer of Non-Performing Looans (NPLS) under the New Regulatory Framework

Karatzas & Partners advises TAP’s project financing

Karatzas & Partners advises Autohellas and StormHarbour in the first non-banking receivables securitization in Greece

Karatzas & Partners advises Bain Capital on a milestone acquisition of secured corporate NPE portfolio from Piraeus Bank equivalent to €1,950mn of legal claims or €1,450mn gross book value

Karatzas & Partners advised B2Holding for acquiring a EUR3.6 billion worth portfolio from Alpha Bank in its first sale of under-performing and non-performing consumer and small business loans