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  • Paul Katsouris

    Paul Katsouris
    Associate, Dubai

    Commercial, TMT, Energy & infrastructure, Dispute resolution

    T. +971 4 307 6000
    D. +971 4 307 6005
    paulkatsouris@incegd.com

Paul acts for clients on a wide range of contentious and non-contentious matters. He represents shipowners, P&I Clubs, underwriters, charterers, bunker suppliers, banks, entrepreneurs, investment funds, and private investors. Prior to joining Ince, Paul was the head of legal for a large international shipping group. Given his commercial background and international experience, he has a reputation for managing complex transactions in an entrepreneurial, methodical, and effective manner. On the contentious side, he is known for his pragmatic and innovative approach to handling and settling legal disputes.

Throughout his career Paul has been involved in complex matters before the courts in various jurisdictions, including England, Greece, the USA, and the UAE. He has also been involved in multiple international arbitrations under the LMAA, ICC, GAFTA and DIAC Rules.

Paul specializes in structuring and advising on vessel sale and purchase transactions, as well as the drafting of bareboat charterparty agreements, joint ventures over the ownership of vessels, vessel sale and leaseback structures, and other types of agreements governing the control of vessels.

Having spent several years in the UAE, he has developed a comprehensive knowledge of the UAE laws and systems, providing him with a thorough understanding and insight into both the civil law system of the local UAE courts, as well as the common law jurisdictions of the DIFC and ADGM.

Highlight Matters

  • Structuring and advising on the en bloc purchase and then resale and lease back of four newbuild VLCC’s with a value of approximately USD400million 
  • Advising a ship owner on the bareboat of 4 tankers with purchase obligations 
  • Advising a bunker supplier on the recovery of over USD5million in outstanding receivables, including the arrest of 4 vessels in different jurisdictions.
  • Advising a ship owner and negotiating on his behalf for the settlement of over 15 ongoing cases within a 12 month window. Over USD10million was recovered despite some of the cases dating back over 12 years. 
  • Advising a leading Greek shipowner on the position with regard to limitation of liability following a collision in UAE waters
  • Advising a Saudi group on the sale of aging tonnage and replacement with newer vessels 
  • Acting for the cargo interest in a cargo contamination dispute with owners, which lead to the successful arrest of the vessel in favor of the cargo interests, and a full recovery of the claim amount
  • Advising and assisting with the drafting of the rules and regulations of various ports and terminals in the gulf region
  • Advising a major regional port operator on the financing structure and purchase of a purpose built dredger and tug
  • Representing the shareholders of a vessel in a dispute with other shareholders over the vessel ownership
  • Negotiating the entry of a private investor into a multi-million dollar venture capital fund
  • Advising a client on the takeover of a well-known international vessel registry

Quote

“Paul is one of those individuals who at a young age has mastered commercial nous as well as technical legal skill. Well connected and extremely active in his industry verticals Paul is a seasoned operator who works very hard on adding value to his clients.”

Professional Associations & Memberships

  • Athens Bar Association
  • Dubai Ruler’s Court

What you may not know about Paul

Paul is an active member of the MENA startup ecosystem. He works with incubators and accelerators in the region, mentoring entrepreneurs on scaling their businesses and obtaining funding.

Expertise:
Commercial, TMT, Energy & infrastructure, Dispute resolution

Accolades:
DIFC Young Lawyer of the Year – 2018
DIFC Young Lawyer of the Year - 2017 (shortlisted)
Seatrade (Middle East, North Africa, & Indian Subcontinent) Young Person of the Year - 2016.
Member, City, University of London MENA Advisory Board
Moderator, Innovation session at NorShipping,- 2017

Education (University):
The City Law School, City University London (LLB, LLM)

Languages:
English, Greek