The Legal 500 Europe, Middle East & Africa – Year 2007

Dispute Resolution: Our Firm is ranked at the top band
“Gregory Timagenis is known as a ‘very strong litigator’ and ‘a shrewd man who knows all the tricks’. Based in Piraeus, the firm is predominantly a shipping practice, but is also strong in general commercial litigation. It is advising a pollution cleaning company in relation to a dispute with the International Oil Pollution Compensation Fund before Greece’s Supreme Court. It has also advised newspaper Kathimerini in a case before Greece’s Court of Appeal, and is known for its current involvement in bankruptcy matters”. (p.574)

Shipping and Maritime: Our Firm is ranked at the top band
“After the UK, Greece is the second most important world centre for shipping and maritime law advice, and this is the only industry sector in Greece in relation to which international firms have moved into the country and opened offices.
Gregory Timagenis has a market-leading reputation for shipping litigation, and recently advised yachting port Marina Zeas in cases related to damage from bad weather and fires. In relation to non-contentious work, he handled the listing and subsequent equity offering of Diana Shipping Inc on the New York Stock Exchange, and acted for both sellers and buyers in a variety of deals”. (p. 581)

Insurance: “Gregory Timagenis is one of Greece’s leading shipping firms, whose general insurance work includes handling litigation for Hellenic Mutual War Risks Association (Bermuda) Ltd.”. (p. 578)

“The Legal 500 series also recommends Gr. J. Timagenis Law Office for:
Banking, Finance & Capital Markets (p. 571)
Corporate and M & A (p. 572 & 573)

The Legal 500 Europe, Middle East & Africa – Year 2007


The Chambers Global Guide 2007

“Gr. J. Timagenis Law Office”
Shipping – (Firm Rank 1)
Gregory J. Timagenis (Rank 1)
Gr. J. Timagenis Law Office: This dedicated shipping practice boasts a “first-class group of people” whose work “always impresses.” Aside from the traditional areas of litigation and shipping finance, lawyers undertake an increasing proportion of corporate/M&A and general finance for industry clients. For example, the team advised Deutsche Schiffsbank on a syndicated loan of USD187 million to tanker and bulk carrier operator Capital Maritime.

The Lawyers: The firm’s reputation rests heavily on that of particularly impressive founding partner Gregory Timagenis. An acknowledged all-rounder, his workload has lately included “a miraculous performance” representing Blue Star Ferries in a bid for assets of collapsed ferry operator Dane. In the words of one admiring competitor, “the legal issues involved were hugely complicated, yet he managed to overcome them with ease.”

Clients / Work Highlights: The team was involved in the NYSE IPO of Diana Shipping and acts for a mixture of P&I clubs, owners and financiers, including Barclays Bank; EFG Eurobank; Elefsis Shipyards; Emporiki Bank; Fortis Bank; Hamburgische Landesbank; Hellenic Mutual War Risks Association; Hellenic Shipyards and Sasebo Heavy Industries.”

The Chambers Global Guide 2007


THE LEGAL 500 Research – Year 2007

“Introduction – How to use this book”
“…. The research for the editorial is based on the combined opinions of the many lawyers interviewed in each jurisdiction, commentary from clients and analysis of deals or contentious issues reported. ….” (p.9)

excerpt from the “Introduction – How to use this book” of The Legal 500


The Legal 500 Law Firms in Europe, Middle East & Africa and The Legal 500 US Special Edition 2006

According to The Legal 500, year 2006, “Gr. J. Timagenis Law Office” is ranked first tier in top band for “Shipping and Maritime” and “Dispute Resolution”. It has also high rankings and is recommended for “Banking, Finance and Capital Markets”, “Corporate and M & A”, and “Insurance”.
Shipping and Maritime
“Gr. J. Timagenis is widely admired for its shipping expertise and serves a varied portfolio of clients including shipowners, P&I clubs and international banks across a broad range of shipping matters”. (p.558)
Banking, Finance and Capital Markets
“Gr. J. Timagenis has been involved in an impressive number of IPOs for Greek shipping companies in the U.S. markets, including the listing and follow-on equity offering of Diana Shipping with NYSE”. (p.553).

“…..The research for the editorial is based on the combined opinions of the many lawyers interviewed in each jurisdiction, commentary from clients and analysis of deals or contentious issues reported. It is important to note that the editorial is therefore a subjective overview based on systematic research….”

excerpt from the “Introduction – How to use this book ” of The European Legal 500


The World’s Leading Lawyers for Business

“How lawyers are ranked: The opinions we gather from clients – mainly from in-house lawyers but also from other purchasers of legal services – are balanced by opinions from colleagues and competitors. Together, they provide two different perspectives – an all-round view – and biased viewpoints cancel each other out.”

excerpt from the Research Team 2005 of Chambers Global 2006


Chambers Global The World’s Leading Lawyers for Business 2006 p. 877

Gr. J. Timagenis Law Office: A “big name” for ship finance, this firm is “straight out of the top layer,” according to commentators. A strong clientele, comprised of major banks, shipowners and P&I clubs, regularly turns to the team for advice on Greek law matters related to sales and purchases, and financing transactions – however, it is also a leading choice for tricky disputes. Clients described the group as “professional and experienced,” combining solid legal knowledge with commercial sense.

The Lawyers: Peers and clients were quick to commend the abilities and stature of Gregory Timagenis. According to clients he is not just “one of the most prominent and respected lawyers in Piraeus,” but also “more than a lawyer.” Peers, meanwhile, acknowledge him as an “aggressive, knowledgeable, capable and well-organised” adviser, with a “great, judicious, balanced and professional” outlook. He has established a particular reputation for complex financing work.

Chambers Global The World’s Leading Lawyers for Business 2006 p. 877


The World’s Leading Lawyers for Business – 2006

The World’s Leading Lawyers for Business

“How lawyers are ranked: The opinions we gather from clients – mainly from in-house lawyers but also from other purchasers of legal services – are balanced by opinions from colleagues and competitors. Together, they provide two different perspectives – an all-round view – and biased viewpoints cancel each other out.”

excerpt from the Research Team 2005 of Chambers Global 2006


Lloyd’s List Greek Shipping Awards 2005

“Lambros Varnavides the banks director of shipping receives RBS’ trophy from prominent maritime lawyer Gregory Timagenis”.

The Lloyd’s List Greek Shipping Awards 2005 Review “The Winners” p.17


THE EUROPEAN LEGAL 500 – Year 2005

“Gr. J. Timagenis is noted for its shipping expertise and acts for a range of ship owners, P&I clubs and international clients across a broad range of shipping matters”.
Gr. J. Timagenis Law Office is ranked first tier in top band for “Insurance” and “Shipping and Maritime”

The Legal 500 Law Firms in Europe, Middle East & Africa 2005 p.520


Lloyd’s List Greek Shipping Awards 2004

“For several decades, Greek shipping’s financing needs were catered for almost exclusively by overseas banks, but in recent times that has changed a little as more Greek banks have entered the picture as well.

Would the winner of the Shipping Financier of the Year title at the Lloyd’s List Greek Shipping Awards 2004 emerge from the ranks of long-standing international supporters of the industry or from the crop of domestic banks that are now estimated to meet an impressive 20% of the fleet’s financing needs?

At the first Greek Shipping Awards presentation dinner in Athens Alpha Bank was unveiled as the winner of the Lloyd’s List ship finance award.

Presented by sponsor Gregory Timagenis, a prominent Piraeus maritime lawyer, the award was accepted on behalf of the bank by its executive director and general manager, Demetrios Mantzounis…….”

The Lloyd’s List Greek Shipping Awards 2004