Nikos Initially joined Karatzas & Partners in 2007 and became a partner in 2012.

His main areas of practice include banking and financial regulation, NPLs, capital markets, asset management, debt restructuring, M&A and corporate law. He has advised in a series of highlight banking, corporate, debt restructuring, M&A and NPL-related transactions, including advising the Hellenic Republic in relation to the debt exchange programme of privately held Greek government bonds (known as the “PSI”).

Before joining Karatzas & Partners Nikos worked for PricewaterhouseCoopers AG (Frankfurt) and the German Financial Supervisory Authority (BaFin).

Credentials

EDUCATION
University of Athens (LL.B. in Hellenic Law)
Universität zu Köln (LL.M., Doctorate)
LANGUAGES
Greek, English, German & basic French
ADMISSION
2002, Athens Court of Appeal
MEMBER OF
Athens Bar Association
PUBLICATIONS
The cancellation of decisions of the General Meeting of Greek Public Limited Companies, in Commercial Law Templates (Prof. Triantafyllakis), Nomiki Vivliothiki, 2019
The financing of groups of companies, in: Groups of Companies - Contributions and Interventions to the 26th Panhellenic Conference of the Association of Greek Commercial Law Experts, Nomiki Vivliothiki, 2017
Mandatory And Voluntary Takeover Bids, in Greek Law Digest, Nomiki Vivliothiki, 2016
Banking & Finance, Greece - Law & Practice, in Chambers, Global Practice Guide, 2016
Das neue griechische Einlagensicherungsrecht in Folge der Umsetzung der Richtlinie 2014/49/EG über Einlagensicherungssysteme, in Bank of Greece, Commemorative Volume in memory of Professor Dr. Leonidas Georgakopoulos, 2016
Greek Preparations for the new Basel III framework, IFLR Basel III Guide, 2012
The Corporate Spin-Off, in: Commercial Law Contracts (Ε. Perakis), Nomiki Vivliothiki, 2012
Commentary on Articles 8a and 12 of Corporate Law 2190/1920, in: The Law for Greek Societes Anonymes (Ε. Perakis), Band 1, Nomiki Vivliothiki, 2012
International Securities Regulation (ISR), Greece, Booklet 1, Commentar, Oxford University Press, 2010
The Law 3606/2007 on markets in financial instruments in conjuction with the provisions of Law for Collective Investments: same business, same risks, same rules? Business and Company Law Review, Nomiki Vivliothiki, 2008
Public Finance durch darlehensähnliche Swapgeschäfte - Voraussetzungen und Gestaltungsspielräume bei der Deckungsfähigkeit in der aktuellen Diskussion um das neue PfandBG, Recht der Internationalen Wirtschaft (RIW),
Commodity-Fondsprodukte im Portfolio deutscher Versicherer: Erwerbbarkeit und regulatorische Rahmenbedingungen aus versicherungsaufsichtsrechtlicher Sicht, Finanz-Betrieb (FB), 2007
Das neue europäische und deutsche Investmentrecht - Die Änderungen in Folge der neuen OGAW-Richtlinie und des Investmentgesetzes, Peter Lang, Frankfurt a. M., 2006
Der EU-Pass für Pfandbriefbanken – Zur Anwendbarkeit des § 53b KWG auf das Pfandbriefgeschäft, Finanz-Betrieb (FB), 2006
Mezzanine-Kapital als neue Asset-Klasse für Investmentfonds? Ausländische Verpackungsstrukturen auf dem Prüfstand des InvG unter besonderer Berücksichtigung der CESR-Konsultationsarbeiten betreffend die Eligible Assets für OGAW, Finanz-Betrieb (FB), 2006
OTC-Wertpapierdarlehensgeschäfte zwischen der Kapitalanlagegesellschaft und der Depotbank - Diskussion aktueller Fallgestaltungen bei der Verwahrung von Wertpapiersicherheiten nach dem InvG, Zeitschrift für Bankrecht und Bankwirtschaft (ZBB), 2005
Hedge-Funds: General features and treatment under the law for collective investments, Business and Company Law Review , Nomiki Vivliothiki, 2004

Awards

Top Ranked Lawyer
Chambers & Partners
Top Ranked Lawyer
Chambers & Partners
Notable Practitioner
IFLR 1000
Leading Individual
Legal500
Top Ranked Lawyer
Chambers & Partners
Top Ranked Lawyer
Chambers & Partners
Notable Practitioner
IFLR 1000
Ranked Lawyer Europe 2021
Chambers & Partners
Ranked Lawyer Europe 2020
Chambers & Partners
Ranked Lawyer Global 2020
Chambers & Partners
Notable Practitioner
IFLR 1000
Notable Practicioner
IFLR 1000
  • “Nikos Fragos is an adept lawyer who draws significant praise from interviewees for his banking and finance expertise. He is regularly seen advising both domestic and international financial service providers on NPL transactions and complex note issuances.” Chambers & Partners, 2024
  • "Nikos Fragos is capable of successfully handling complex negotiations and bringing through very difficult transactions." Client’s Testimonial, Chambers & Partners, 2024
  • "Nikos Fragos is always responsive and ready to provide solutions to complex legal issues. He is business oriented and able to successfully handle complicated and lengthy negotiations." Client’s Testimonial, Banking, finance and capital markets, L500 2024

RELEVANT NEWS & INSIGHTS

K&P at the 26th Annual Capital Link Invest In Greece Forum

Karatzas & Partners advised the Lead Arrangers on €750 million debt financing of Masdar in Terna Energy transaction

K&P at the 26th Annual Capital Link Invest In Greece Forum

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

K&P is a Top Tier Firm in all practice areas by IFLR 1000

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 on the sale of a 70% majority stake of Middle Office Services S.A. to Qualco Group

K&P at the 2nd Job Fair by ELSA Athens

Our firm advised National Bank of Greece in a joint tender offer for the acquisition of the entire outstanding share capital of Epsilon Net S.A.

K&P ranked as Top Tier Firm in The Legal 500 EMEA 2024 edition!

Our firm welcomed a group of young law students from ELSA Athens as part of the initiative "Lawyers at Work"

Our firm advised Astir Palace Vouliagmenis on €350m 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 advised the four systemic banks in entering into a binding agreement with Waterwheel Capital on project Solar

Our firm advised the Joint Coordinators and Bookrunners in connection with the offering of €500 mln. bonds issued by Mytilineos S.A.

NPL Greece Conference 2023

Our firm advises on the acquisition of the Project Tethys Portfolio

Chambers and Partners Europe 2023

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.

We advised Wirtgen Invest Energy GmbH, on the acquisition of the company FOTOVOLTAIKOS STATHMOS MARGARITI SINGLE MEMBER S.A., for the development and operation of a photovoltaic power plant portfolio of 50 MWp

Our firm successfully advised the lenders of Schur Flexibles Group in the context of its lender-led financial restructuring.

Our firm advised Eurobank S.A. on the €580m common bond loan granted to DEPA infrastructure S.A.

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

Our firm advised Ideal Holdings S.A. on the acquisition of 100% of Netbull Ltd. through its subsidiary ADACOM S.A.

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

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

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

K&P is shortlisted in 3 categories in the IFLR1000 2021 Awards Europe

Karatzas & Partners contributed together with Dechert LLP to the world's first virtual Global Legal Hackathon

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

We are hiring: Experienced Lawyer in Corporate Law

Karatzas & Partners advised GLS on the agreement for its strategic investment in ACS for a total value of €370 million

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

We are hiring: Experienced Lawyer in Corporate Real Estate Law

Lexology Panoramic - Public M&A 2024 Guide

Our firm is participating in the 2nd Women in Law Conference by Nomiki Bibliothiki

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

Anna Manda on the M&A Mosaic: Insights from Delphi Economic Forum IX

K&P participates in the Delphi Economic Forum IX

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 has advised Cadence Design Systems on the acquisition of BETA CAE Systems International AG, for a purchase price of approx. US$1.24 billion

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

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

Our firm advised Pharmathen and its shareholder, Partners Group in connection with the acquisition of CBL Patras

Lexology Getting The Deal Through - Private Mergers & Acquisitions 2024 guide

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

Lexology getting the Deal Through Public M&A 2023 Guide

Our firm has advised BC Partners in its acquisition of Metropolitan college and IEK Akmi

Our firm has advised Austrian Post in connection with the acquisition of an 80% stake in the Greek technology services provider "Agile Actors".

Our firm advised Kpler on all Greek law aspects relating to the acquisition of Marine Traffic

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 advised ELLAKTOR GROUP in the context of the sale of 75% of the Renewable Energy Sources division to Motor Oil Renewable Energy (MORE)

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

Lexology Getting The Deal Through - Private Mergers & Acquisitions 2023 guide

Our firm advises Antenna Group in the acquisition of cinema chain Village Roadshow Operations, Greece.

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 is the exclusive contributor of the Greek chapter of the Lexology Getting The Deal Through - Initial Public Offerings 2022 guide

Our firm sponsored the 14th National Conference of Corporate In-house Counsel by Nomiki Bibliothiki.

K&P advised Power Factors on the acquisition of Inaccess

Our firm advised PPC Renewables on the acquisition of Volterra RES portfolio

National Bank of Greece-Ethniki Insurance- CVC

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

K&P advised HELPE Group in relation to its corporate transformation plan

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 advises Eurobank on the sale of 80% of its merchant acquiring business to Worldline

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 is advising BC Partners in the acquisition of PET CITY SA

K&P advised the shareholders of Cosmos Sport S.A. with respect to the sale of an 80% stake to JD Sports Fashion

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

K&P assisted Netcompany Group A/S on all Greek law matters relating to the acquisition of Intrasoft International S.A.

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

K&P is advising BC Partners on the sale of Pharmathen

K&P advised Cubico Sustainable Investments with respect to its acquisition of 100% of the shares in Eoliki Panachaikou S.A.

K&P is the exclusive contributor of the Greek chapter in Chambers & Partners Blockchain 2021 Global practice guide

K&P advised Mobileum Inc. on all Greek law matters relating to the acquisition of all shares in Niometrics Pte Ltd.

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 advised Chipita S.A. with regards to its $2 billion acquisition by Mondelēz International Inc.

K&P acted as counsel to Sitecore with regards to the acquisition of Moosend

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

National Bank of Greece-Ethniki Insurance- CVC

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 a Spanish multinational group of companies active in the fashion and beauty sectors

Law 4727/2020 – Digital Governance, Public and Private Electronic Documents and E-Signatures

K&P - Update on the regime regarding the facilitation of General Meetings during the Covid19 crisis

K&P sponsors the 12th National Conference of Corporate Inhouse Counsel

K&P at "The new provisions for transactions with related parties" - Webinar

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

K&P at "The New Greek Insolvency Code" webinar by Capital Link

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

Covid-19: Greek Corporates - Facilitation of Decision Making for Boards of Directors

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

Service by Electronic Means and Operation of Civil and Administrative Courts from 01.06.2020

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

2nd Update on the most important emergency measures for businesses issued by the Greek government in order to tackle the adverse effects of the spread of Covid-19 outbreak

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

How does the COVID-19 pandemic affect your contractual obligations?

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

Karatzas & Partners NBG Financing

Covid-19: Update on the most important emergency measures for businesses issued by the Greek government

Personal Data Processing in the context of Covid-19

Covid-19 further tools offered by Banking regulators

Karatzas & Partners advises Eurobank

Adopted Measures to tackle the adverse effects of the spread of Covid-19 outbreak

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.

Karatzas & Partners is the exclusive contributor to The Legal 500 (Legalease): Merger Control 4th Edition Country Comparative Guide- Greek chapter

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

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