E.G. Arghyrakis & Co is a “recommended” Legal 500 solicitor in the London dry shipping category less than two years after lauch.
“Based in central London, this firm specialises in all aspects of marine and Admiralty shipping work, notably charterparty and shipbuilding disputes and collision and salvage cases as well as finance and insurance. Information technology is also a specialism and commodities and futures matters are handled.
The firm: EG Arghyrakis & Co was established in January 2003 by George Arghyrakis, who left Richards Butler after more than 14 years at the practice. He had been a partner since 1994.
The firm acts for a wide variety of ship owners and charterers as well as many traders, brokers and P&I and defence clubs in the UK and abroad, with a growing focus on shipping litigation in the Commercial Court and in arbitration and mediation. As well as providing top quality legal services the firm has a straightforward and commercially aware approach. Its ethos is to be less stuffy and offer a more personal service than many traditional firms; its level of organisation and resources however are usually associated with larger City of London practices.
The firm has expanded quickly in line with an influx of work. In May 2004, Rupert Talbot-Garman joined from Constant & Constant. The firm also recruited two new paralegals. In addition it has introduced significant information technology innovations, implementing a strategy of parallel paper and electronic filing for all incoming and outgoing items. Telephone services have been put in place to ensure 24/7 access to all personnel.
Members of the firm are prominent in their areas of expertise. George Arghyrakis is a supporting member of the London Maritime Arbitrators Association and has dealt with numerous cases in the Commercial Court and in Arbitration. He was called to the Bar in 1984. Other members of the firm have academic qualifications in maritime law.
Types of work undertaken: All aspects of charterparty disputes, including matters relating to time, voyage, COAs and liners are handled as well as all types of claim relating to cargo.
Advice is given on P&I and FD&D Club rules and B/L and other documentary claims and disputes. Expertise is offered in MOA and other S&P disputes. Other areas in which the firm is experienced include arrest of vessels and asset tracing, together with all areas of vessel registration in various jurisdictions and financing issues.
Collisions, salvage and wreck removal are dealt with as well as sale of goods issues, H&M claims and brokerage claims. Other contractual and commercial claims are dealt with and insurance matters are a specialism.
EG Arghyrakis & Co expects to recruit more assistant solicitors to help cope with the growing volume of work arising across its areas of practice.
Breakdown of work %
Shipping (marine) 60
Shipping (admiralty) 10
Finance (shipping) 5
Finance (asset) 5
Information technology 10
Commodities and futures 10”
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