Elpis Korosidis

Elpis is a Banking & Finance and Property Lawyer with over 25 years’ experience, and is known for her commercially-focused advice and impeccable service. Her niche is an inch wide and mile long – she has a particular passion for anything property related – whether it be buying, selling, developing, leasing and funding property.

Throughout her career, Elpis has acted for a whole host of financiers, both bank and non-bank lenders and has a wealth of experience in this space.

Elpis also acts for a number of highly active property developers, with her expertise covering all forms of legal requirements for both commercial and residential property transactions.

When she’s not in the office, Elpis is busy giving back to her local community. Amongst a number of roles, she was the Chair of a charity streetwear store, “Homie” and a board member of “Griefline”.  She is currently heavily involved in assisting women who are experiencing family violence – a mission very close to her heart.


Elpis’ experience includes advising:

  • Banks, financiers and businesses on a diverse range of corporate and commercial finance transactions, which involves an in depth understanding of how the banking and finance industry operates as well as what drives it;
  • Lenders on all forms of securities required to secure the interest of financiers (both direct loans and syndicated deals), including company security deeds, mortgages of assets (such as real property, shares, leasehold interests, ships and licenses), tripartite deeds and factoring agreements;
  • Banking and Finance clients on the preparation and negotiation of a range of commercial agreements including joint ventures, strategic alliance agreements, management agreements;
  • Lender clients on the development and implementation of new products and systems which provided lender clients with the essential tools to balance elements of risk management, service and price. For instance, a fixed annual pricing structure for the preparation of certain security documents, an online 24/7 web reporting system for particular loans;
  • A property developer in relation to the purchase and development of a multi-level residential apartment complex in Box Hill South;
  • A property developer regarding the purchase and development of a number of “green acre” sites, predominantly in the Pakenham and Tarneit areas;
  • A large private company in meeting various lenders’ required due diligence conditions, including advising on the facility and security documents required in a syndicated refinance deal totalling $900 million;
  • Various financial institutions on debt finance, including construction finance, mezzanine lending and general corporate lending;
  • An invoice-discounting financier in re-drafting its security documents, following its amalgamation with a mid-tier bank;
  • A mining company in a “reverse” takeover of a US company, involving cross border issues and challenges ($30 million);
  • Many large commercial and residential development funding facilities, including negotiations with builders on the lender’s behalf, review and approval of pre-sale contracts and pre-lease arrangements; and
  • Management in a buyout of one of Australia’s largest mortgage originator ($150 million).

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