Antonis Georgiou successfully represented the applicants in securing an interim order to freeze assets in a complex international fraud case, involving allegations of fraudulent transactions and connections to the ongoing war between Russia and Ukraine. The case centered around the illegal movement and concealment of assets, and the applicants sought to prevent the defendant from transferring shares in certain companies, which could affect the eventual outcome of the claim. The court granted the interim freezing order, agreeing that the circumstances met the urgency and legal requirements under the Courts Law. This included the protection of shares in companies associated with the defendant, pending the full trial. The court also required the applicants to provide a €300,000 guarantee, underlining the gravity of the situation. This decision is crucial in safeguarding the applicants' interests in an international dispute with significant geopolitical implications.
DECISION ON INTERIM ORDER – SUCCESSFUL GRANTING OF TEMPORARY ASSET FREEZING ORDER IN COMPLEX INTERNATIONAL FRAUD CASE
Latest Articles
CROSS-BORDER WILLS: PLAN TODAY FOR PEACE OF MIND TOMORROW
Planning for the future and ensuring that your assets are distributed according to your wishes is a crucial part of responsible estate management. At CleridesLegal, our experienced team of wills and succession lawyers is committed to providing comprehensive legal support tailored to your individual needs. Whether your estate is simple or complex, we guide you through the legal intricacies with clarity and compassion.
CYBERCRIME & AI: ARE WE REALLY PROTECTED?
The law is catching up but is your business keeping pace? Artificial Intelligence is revolutionizing cybersecurity and cybercrime. While AI enables faster threat detection and stronger defenses, it’s also empowering hackers with smarter phishing tools, deepfakes, and adaptive malware that’s harder to trace.
FROM CHECKLISTS TO ALGORITHMS: THE NEW FACE OF AML
Artificial Intelligence (AI) is no longer a futuristic option—it is now a critical tool in the fight against money laundering. Financial institutions, law firms, fintech companies, and even crypto platforms are leveraging AI to automate Know Your Customer (KYC) processes, enhance transaction monitoring, and identify suspicious activity with greater precision.
Newsletter Registration .