Paleokrassas gets WFW’s senior lover in administration shake-up

London-headquartered regulation organization Watson Farley & Williams (WFW) has elected George Paleokrassas as its senior lover.

The move is aspect of a modify to the management and governance composition that has also associated husband or wife Lindsey Keeble getting appointed handling lover.

The two will provide 5-12 months conditions starting off in February.

The shake-up usually means the stop of the previous follow of obtaining joint managing partners.

The organization lists Chris Lowe and Lothar Wegener as handling associates presently.

Global maritime co-head Paleokrassas, at present a husband or wife, has led the firm’s Athens business due to the fact 2005, making the practice to make it the largest global regulation company in Greece and in the top 5 all round, WFW claimed.

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He is universally recognised as a single of the top attorneys in the maritime sector the two in Greece and internationally, and is the only attorney detailed in major legal listing Chambers & Partners’ elite “eminent practitioner” category for shipping finance in Greece, the law business added.

An expanding group

Keeble heads WFW’s London belongings and structured finance team, covering aviation, maritime and rail.

This crew has grown to 27 partners.

Keeble has also led WFW’s worldwide maritime unit given that 2013, and jointly with Paleokrassas since 2020.

“Lindsey is recognised as one of the world’s ideal maritime lawyers,” WFW extra.

Paleokrassas stated he is deeply honoured that his fellow partners have elected him.

“Lindsey and I have worked quite closely collectively for several many years and I search forward to continuing to do so in our new roles. Possessing expended our careers at WFW, we are the two committed to the firm’s sector method and are passionate about producing an at any time extra sustainable enterprise in a quickly transforming environment,” he extra.

In September, WFW mentioned the Greek lawyer aided put collectively the $291m credit card debt bundle for Navios Maritime Companions as component of its takeover of sister firm Navios Maritime Acquisition.

The group suggested loan providers in link with financing that assisted deal with Navios Acquisition’s 8.125% ship property finance loan notes that fell because of in November.

The law business disclosed that Germany’s Hamburg Commercial Bank and Alpha Bank of Greece supplied $195m, though France’s BNP Paribas and Credit rating Agricole extra in $96m.

Keeble said: “George and I each recognise the immense accountability of our new positions and of making certain the continued strength and longevity of the organization, exactly where our men and women have the possibility to develop, convey their sights and concepts and have the opportunity to improve and finally see their occupations fulfilled within just the agency.”

WFW chairman Nigel Thomas reported the move was a significantly interesting advancement as the firm moves into its 40th yr.

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