Kyriakides Georgopoulos has advised Optima Bank on its acquisition of five portfolios of receivables from performing corporate exposures in the secondary market.
The recent decision no. 35/2022 issued by the Hellenic Data Protection Authority (HDPA) on July 13, 2022 (Decision), marked a record-high EUR 20 million fine against US company Clearview AI Inc. (Clearview). This Decision adds even higher pressure on Clearview, on top of other data protection authorities’ (DPAs) relevant decisions (French, Italian, British), while a similar decision is expected soon by the Austrian regulator, all as a response to a series of complaints filed by an alliance of non-profit privacy-driven organizations.
Lambadarios has advised lead arrangers National Bank of Greece and Piraeus Bank on a EUR 680 million project financing facility for the Eldorado Gold Corporation towards the development of the Skouries project in Northern Greece. Liberopoulos and Milbank reportedly also advised the banks. Karatzas & Partners and Texas-based Bracewell reportedly advised Eldorado Gold.