Antonis Georgiou achieved a historic legal victory with the first-ever decision on the issue of trust depositing in Cyprus. The case involved the Republic's claim that it was not possible to create a registry for trust deposits, which was successfully refuted by Antonis Georgiou. His legal arguments dismantled the Republic's position, emphasizing that such a registry could be established in compliance with legal frameworks. The court agreed with the claim, making this a pivotal ruling in Cypriot law, with significant implications for future cases involving trust deposits.
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WHEN IS A LOAN NOT A LOAN? UNDERSTANDING INFORMAL LENDING IN FAMILY CONTEXTS
In a recent case handled by our firm, Phoebus, Christos Clerides & Associates LLC, we successfully defended a claim involving an alleged personal loan between two individuals who shared a close familial bond. While the transfer of funds was not disputed, the core legal question was whether the money constituted a repayable loan — or a non-repayable gift.
CYPRUS SUPREME COURT REAFFIRMS MORTGAGE AUTONOMY AND REJECTS VAGUENESS CLAIMS
In a unanimous judgment given on the 12th of June 2025, the Supreme Court of Cyprus reaffirmed that a mortgage creates an autonomous primary obligation, independent of the lender’s ability to prove a debt against the mortgagor personally.
THE LIMITS OF CONTRACTUAL BREACH: WHY PLEADING DAMAGES IS ESSENTIAL IN CYPRUS
In contractual disputes, there is often a misconception that the mere breach of a contract automatically gives rise to a right for compensation. This is not the case under Cypriot law. A party alleging breach must do more than prove the other side failed to fulfil their obligations. They must also clearly prove the damages suffered and properly plead these damages in their court filings. Failing to do so can render an otherwise valid claim legally ineffective.
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