Contact details

Giannis Webster

T: +30 210 4295 160 M: +30 695 7771 220 Email Giannis | Vcard Office: Piraeus

Giannis Webster Associate

Contact details

Giannis Webster

Giannis Webster
Associate

T: +30 210 4295 160 M: +30 695 7771 220 Email Giannis | Vcard Office: Piraeus

Giannis is a finance associate specialising in shipping finance, particularly in relation to advising leading banks on bilateral and syndicated transactions including the financing and refinancing of second hand vessels and new buildings.
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Giannis has experience in restructuring and work-out transactions including rescheduling of facilities and subordination arrangements. He also assists owners in respect of sale and purchase of vessels, deposit and closing arrangements.

In addition, Giannis also advises on Greek law matters, including the preparation of security over real and personal property, relating to shipping finance transactions and Greek law due diligence matters.

Giannis also has a broad experience in Greek law commercial, civil and administrative matters.

Giannis obtained a degree in law from the Aristotle University of Thessaloniki and a Master of Laws in Maritime Law (with distinction) from City University, London. 
 
  • Ship and offshore finance

Advising on ship finance transactions with numerous jurisdictions.

Advising a Norwegian shipping bank on the transfer of its portfolio security of Greek mortgages following the transfer of loan facilities between the bank's different legal entities.

Acting for a German bank, in its capacity as lender, agent, swap provider and security agent, in relation to a syndicated facility for the re-financing of a bulk-carrier vessel registered in the ownership of a Turkish borrower forming part of a major Turkish conglomerate active in shipping and shipbuilding, including advising on a security structure involving Turkish, Marshall Islands and Maltese corporate guarantors, personal guarantees, shares pledges, and mortgages. The deal included interesting questions regarding the concept of "trust" structures and "parallel debt" principles and priority issues.

Acting for a German bank in relation to a US$47,450,000 facility for the financing of a product/chemical tanker and a product oil/chemical tanker ordered by a Liberian and a Marshall Islands company, respectively, being subsidiaries of a major Croatian group, the transaction involved multiple jurisdictions including bareboat charter and sub-charter arrangements including assignments and subordination rights.

More: Ship and offshore Finance

  • Shipping

Giannis works with a number of shipping companies based in Greece and elsewhere in Europe in relation to shipping finance transactions.

Advising a Norwegian shipping bank on the transfer of its portfolio security of Greek mortgages following the transfer of loan facilities between the bank's different legal entities.

Acting for a German bank, in its capacity as lender, agent, swap provider and security agent, in relation to a syndicated facility for the re-financing of a bulk-carrier vessel registered in the ownership of a Turkish borrower forming part of a major Turkish conglomerate active in shipping and shipbuilding, including advising on a security structure involving Turkish, Marshall Islands and Maltese corporate guarantors, personal guarantees, shares pledges, and mortgages. The deal included interesting questions regarding the concept of "trust" structures and "parallel debt" principles and priority issues.

Acting for a German bank in relation to a US$47,450,000 facility for the financing of a product/chemical tanker and a product oil/chemical tanker ordered by a Liberian and a Marshall Islands company, respectively, being subsidiaries of a major Croatian group, the transaction involved multiple jurisdictions including bareboat charter and sub-charter arrangements including assignments and subordination rights.

More: Shipping

  • Greece

Giannis forms part of the Greek law team and works on Greek law matters for clients of the firm's international offices.

Drafting Greek law preferred mortgage security and account pledges over accounts located in Greece and Greek law shares pledge (registered and bearers shares) under loan facilities governed by English law, including the translation and, where required, registration of such security.

Advising in relation to a lease termination in relation to commercial property owned by an international bank based in Piraeus.

Advising in relation to legal steps required under Greek law in order to obtain a legalized affidavit, admissible as evidence in the Nigeria courts (which is not a party to the Apostille Convention) and general advice pertaining to the lodging of a lawsuit in relation to a shipping matter.

Advising as to civil litigation and time bar issues under the Greek Civil Code and further requisite legal steps regarding a pending civil claim relating to a vessel confiscated in Spain.

More: Greece

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