The Chambers Europe – Year 2012

  • Shipping Band 1
    Leading individual: Gregory Timagenis (Band 1)

    This firm is considered by many to be “the best shipping firm in the country,” a claim supported by its consistent involvement in some of the most important deals in the market. The firm has strong relationships with both shipping companies and banks, representing, amongst others Excel Maritime Carriers, Diana Shipping, Atlas Maritime and Credit Agricole Corporate & Investment Bank. Much of the firm’s praise is directed towards senior and founding partner Gregory Timagenis, who wins endorsements from all corners of the market for his academic skills, as well as his understanding of the sector and commercial sense. According to market commentators, “no one could say anything bad about Mr Timagenis; he is a leading and highly respected lawyer.”

    The Chambers Europe Guide 2012

The Legal 500 – Year 2012

  • Shipping Litigation 1st Tier

    Timagenis Law Firm covers the full range of matters including shipbuilding disputes, personal injury claims, maritime arrests and international arbitration. It represented a Greek shipping company in a London-based arbitration seeking recovery following the sale of a defective vessel. Gregory Timagenis has an excellent reputation and regularly acts as an arbitrator.

  • Shipping Finance 2nd Tier

    Timagenis Law Firm advises borrowers and lenders and was involved in 80 different financings in 2011. Clients include UniCredit Group, Emporiki Bank, and Proton Bank, as well as new client Credit Suisse, which it advised on a multimillion-dollar newbuild financing.

  • Banking, Finance and Capital Markets

    Timagenis Law Firm advised the controlling shareholder of Globus Maritime on transferring its shares from the LSE’s AIM market to the NASDAG Global Market, which was followed by a $22m public offering.

  • Corporate and M&A

    Timagenis Law Firm recently advised two major shareholders in Torm, one of the world’s largest shipping companies, on consolidating their interests in the company to 52% without triggering a mandatory takeover. The firm also advised the buyer in the recent takeover of Olympiacos Football Club.

  • Dispute Resolution

    Timagenis Law Firm is best known as a shipping law firm, but about half of its contentious instructions relate to general commercial disputes. The firm is currently acting for a syndicate of banks to enforce certain guarantees. Gregory Timagenis is well regarded for international arbitration and is an ICC arbitrator.

  • Employment

    Timagenis Law Firm regularly advises its shipping clients on the full range of employment issues, including collective redundancy agreements and related disputes.

  • Insurance

    Timagenis Law Firm frequently advises mutual insurance associations, insurance companies, underwriters and brokers on a variety of contentious and non-contentious issues. Recently it defended the insurers of a major Greek shipyard against a claim relating to the death of a diver during underwater construction work on floating dock.

    The Legal 500 Europe, Middle East & Africa 2012

The Chambers Europe – Year 2011

  • Shipping Band 1
    Leading individual: Gregory Timagenis (Band 1)

    This “extremely experienced and reliable firm” offers a variety of services but is best known for its prowess in shipping law. As a testament to its strong reputation, many peers choose to refer work to the team when conflicted. Cargo and charter party claims are important areas of expertise, as are ship arrests and injunctions. It also handles ship finance and sale and purchase contracts. The firm often acts for public and private shipping companies, such as Globus Maritime, Kyklades Maritime, Metrostar Management and Teo Shipping. It also advises cruise operator EasyCruise on contentious and non-contentious matters. Capital markets work has included counselling Excel Maritime Carriers and Diana Shipping on public offerings of shares. Senior partner Gregory Timagenis is one of the country’s leading advisers on maritime law.

  • Banking & Finance

    Clients appreciate the “scrutiny, accuracy, punctuality and reliability” of this Piraeus-based firm’s banking practice. The “modern and efficient” outfit wins particular plaudits for its cross-border transactional work and expertise in shipping finance. The team advises borrowers and investors including Credit Agricole, Excel Maritime and Diana Shipping. Gregory Timagenis is the main contact for the team.

    The Chambers Europe Guide 2011

The Legal 500 – Year 2011

  • Shipping Litigation 1st Tier

    Timagenis Law Firm’s ability to handle cross-border disputes and major arbitration makes it a formidable force among Greek and international shipping firms. In 2010, the firm represented a Greek Shipping company in a claim for damages arising from the sale of a defective vessel. Senior partner Gregory Timagenis’s reputation as an arbitrator saw him act in the first arbitration to be conducted under the rules of the Piraeus Association for Maritime Arbitration.

  • Shipping Finance 1st Tier

    Timagenis Law Firm’s leading ship finance practice draws instructions from local and international financial institutions, as well as from local shipowners who call on the board commercial expertise of founding partners Gregory Timagenis & Lily Timagenis. It has been busy acting for banks such as UniCredit Group and EFG Eurobank on ship finance transactions, whether rescheduling of existing facilitiesor new syndicated loans.

  • Banking, Finance, and Capital Markets

    Timagenis Law Firm’s strength in ship finance has engendered a flow of capital markets transactions for shipowners. Highlight deals included advising NYSE-listed Excel Maritime Carriers Ltd and Diana Shipping on their respective listings.

  • Corporate and M&A

    Timagenis Law Firm has found itself advising on transactional opportunities for its cash-rich, acquisitive shipowner clients. Highlight instructions included advising Revoil on forming a subsidiary to acquire ocean-going vessels.

  • Dispute Resolution

    Dispute resolution is a core practice area for Timagenis Law Firm, with the arbitration and shipping litigation expertise of Gregory Timagenis carrying over into a considerable amount of general commercial litigation. Highlights included advising Molton Brown on a dispute arising from a terminated distribution agreement.

  • Insurance

    Timagenis Law Firm adeptly handles maritime insurance claims as part of its extensive shipping practice.

    The Legal 500 Europe, Middle East & Africa 2011

The European Legal 500 – Year 2010

  • Shipping Litigation – 1st Tier
    Timagenis Law Firm brings to matters ‘professionalism and an excellent reputation for litigation and arbitration’. Gregory Timagenis has an ‘ability to present complex matters in a simple way’, and recently acted as arbitrator in three industrial arbitrations before the Hellenic Chamber of Shipping. The team is also providing environmental litigation advice to two Greek companies specialising in marine environmental clean-up operations.
  • Shipping Finance  1st Tier
    Timagenis Law Firm’s reputation as a ‘highly experienced and coherent legal group’ has placed it among the leading local shipping firms. Its client base includes major banks such as Calyon and EFG Eurobank as well shipowners, with the group recently advising on several new shipbuild transactions. Founding partners Gregory Timagenis and Lily Timagenis are recommended for their ‘diligence and deep knowledge’.
  • Dispute Resolution
    Timagenis Law Firm acts on commercial disputes and arbitrations, and is representing a growing number of clients from outside its core client base in the shipping sector. The firm acted for Molton Brown, the cosmetics company, on a distribution dispute, while name partner and arbitration expert Gregory Timagenis acted as sole arbitrator in an ICC arbitration regarding gold mines in Armenia.
  • Insurance
    Timagenis Law Firm’s prominent shipping practice means it regularly acts on maritime insurance claims.
  • Banking, Finance and Capital Markets
    Timagenis Law Firm’s is particularly well known for its shipping finance practice, and has worked on capital markets transactions for its predominantly maritime client base.
  • Corporate and M&A
    Timagenis Law Firm has a market-leading shipping practice and provides transactional advice to major Greek shipowners. The firm recently acted for Excel Maritime Carriers on its acquisition of Quintana Maritime, and has recently been expanding its ambit to cover telecoms and privatisation matters.

The Legal 500 Europe 2010

The Chambers Global/Europe – Year 2010


Timagenis Law Firm – (Top Ranking – Band 1)

Gregory J. Timagenis – (Top Ranking – Band 1)

Although this 21-lawyer firm offers a broad spectrum of legal services, its roots lie in maritime law. It covers all aspects of shipping law, but is particularly well known for its strength in litigation and its representation of P&I clubs and banks. Senior partner Gregory Timagenis is noted as “a phenomenon lawyer and a walking encyclopaedia of Greek and international shipping law.” Timagenis is well known throughout the market and his “strong reputation attracts top-quality clients.”

The Chambers Global Guide 2010

The European Legal 500 – Year 2009

  • Shipping Litigation – 1st Tier
    Timagenis Law Firm has one of the strongest reputations in the marketplace for shipping litigation, with founding partner Gregory Timagenis regularly appointed by the Greek admiralty and maritime courts to act as mediator in finance-related shipping disputes. The team has a strong track record of acting for classification societies and P&I clubs.
  • Shipping Finance – 1st Tier
    Timagenis Law Firm has an excellent reputation in the market for shipping finance matters, with name partner Gregory Timagenis considered to be among the top shipping experts in Greece. The firm has been advising German banks on a number of syndicated loans for the financing of newbuildings for Capital Maritime & Trading Corp, as well as on the acquisition of tugboats as part of an M&A transaction.
  • Dispute resolution – 1st Tier
    Timagenis Law Firm’s name partner Gregory Timagenis is regarded as an excellent litigator. The firm has a highly respected shipping practice, and also handles commercial arbitration and banking litigation.
  • Insurance
    Timagenis Law Firm is a reputable shipping firm and handles a number of complex insurance litigation matters for its maritime clients, as well as advising predominantly London-based insurance companies on cargo and shipping insurance issues.
  • Banking, finance and capital markets
    Timagenis Law Firm’s shipping finance practice is regarded as one of the finest in the marketplace. Capital markets experience includes advising Globus Maritime on its AIM listing.
  • Corporate and M&A
    Timagenis Law Firm is a reputable shipping firm, which has also been involved in acquisitions in the media sector, as well as acting as legal counsel to EasyCruise since their entry to the Greek market in 2007.

The Legal 500

The Chambers Global/Europe – Year 2009


This sizeable firm offers the full range of shipping advice, and its strong financial focus means that it has an outstanding ship finance practice. The firm is made up of 16 lawyers, with founding partner Gregory Timagenis at the helm. He is referred by the market for being “a great lawyer, no matter what area he is dealing with”. Clients from a variety of backgrounds are united in their “total confidence in his ability to ensure a positive outcome.”
Chambers Europe – Greece 2009

The European Legal 500 – Year 2008

In the Legal 500 EMEA 2008 edition, Gr. J. Timagenis Law Office is ranked in six practice areas with a top tier ranking and leading position in Shipping litigation, Ship finance, Dispute resolution, and Insurance.

  • Shipping Litigation – 1st Tier

    Gr J Timagenis name partner is arguably Greece’s most reputable shipping litigator. He recently acted as the arbitrator in two arbitrations  in Greece’s Chamber of Shipping, and is also handling an arbitration in the context of a newly established Piraeus maritime arbitration body. His team’s recent litigation work includes acting on behalf of two classification societies in a high-value lawsuit.

  • Shipping Finance– 1st Tier

    Gr. J. Timagenis is well known for asset finance, and for being very active in acting for foreign banks in shipping matters….. It remains a market leader, with name partner Gregory Timagenis known as a ‘fatherly figure among shipping lawyers’ who is ‘well respected and with huge experience’. Recent work includes acting in two transactions for Deutsche Schiffsbank, and syndicate of five international banks, in relation to the $170m financing of Capital Maritime & Trading Corp. 

  • Dispute Resolution – 1st Tier

    Gr. J. Timagenis name partner Gregory Timagenis has a very strong, respected and longstanding position in the market as a litigator. In addition to his renowned shipping practice, he also handles general commercial litigation and arbitration.

  • Insurance

    Gr. J. Timagenis is one of Greece’s leading shipping firms, with a high profile in litigation that includes insurance litigation related to the maritime industry.

  • Corporate and M&A

    Gr. J. Timagenis is a shipping firm whose corporate work outside the sector has recently involved acting for the buyers of 25% of a television station and three radio stations.

    The Legal 500 Europe, Middle East & Africa 2008

The Chambers Global/Europe – Year 2008

The Firm: The team at this prestigious shipping firm is recommended for its commercial and litigation work in the Greek shipping market. In litigation it is best known for passenger and crew claims, representing a number of P&I clubs. In addition, the group is prized for its advice to shipowners who, thanks to the success and sustained liquidity in the shipping market, have started investing in other areas.

The Lawyers: A “brilliant lawyer,” Gregory Timagenis is unanimously endorsed as one of the top shipping experts in Greece. Offering “innovative and lucid advice,” he is a favourite with clients for pure shipping work and for commercial matters relating to the sector.

Clients/Work Highlights: The team advised Globus Maritime and its shareholders on corporate structuring and its IPO on AIM, the first AIM IPO of a Greek shipping firm. The firm also assisted easyCruise with its launch in Greece in May 2007, and acted for FBBank on the refinancing of ferry operator NEL, which ended an earlier dispute between the two parties. Other clients include Blue Star Ferries and Deutsche Schiffsbank.

Chambers Global “The World’s Leading Lawyers for Business 2008” p.956-957