Publications
INTERNATIONAL COMMERCIAL ARBITRATION - UNITECH LIMITED V. CRUZ CITY & MAURITIUS HOLDINGS
The recent ruling of Appeal no. 49/2016, given on 13/11/2024, addresses the enforcement of a foreign arbitral award issued by the London Court of International Arbitration, shedding light on the in...
GENERAL POWERS & RESPONSIBILITIES OF LIQUIDATORS UNDER CYPRUS COMPANIES ACT
Liquidators under Cyprus Companies Law (Article 233) are empowered to manage and dissolve insolvent companies effectively. Their duties include asset management, creditor negotiations, debt recover...
VOID AGREEMENTS UNDER CYPRUS CONTRACT LAW: AN OVERVIEW
Certain agreements are void under Cyprus Contracts Law (Cap. 149), including those involving illegal purposes, lack of consideration, restrictions on marriage or trade, ambiguous terms, and betting...
COMMERCIAL LAW - GUARANTEES & FLOATING CHARGES UNDER CYPRUS LAW
Floating charges serve as a vital financial tool in Cyprus, allowing businesses to secure loans while retaining the flexibility to manage their assets. A concise overview of their key features and ...
UNDERSTANDING THE APPOINTMENT OF RECEIVERS AND MANAGERS IN CYPRUS
In Cyprus, the legal provisions governing the appointment of receivers and managers are crucial for the proper management of a company's assets amid financial distress.
COMPANY LAW - COURT-ORDERED LIQUIDATION IN CYPRUS
In Cyprus, a company may be subject to liquidation by the court under certain conditions as outlined in the Companies Law. This process is significant in ensuring that companies that are unable to ...
RECOGNITION & ENFORCEMENT OF INTERNATIONAL COMMERCIAL ARBITRAL AWARDS IN CYPRUS
Under the Law on International Commercial Arbitration of 1987 (101/1987), the recognition and enforcement of foreign arbitral awards in Cyprus are governed by specific terms and conditions designed...
COMPANY LAW - INSPECTORS PROTECTING MINORITY SHAREHOLDERS
Under the Companies Act in Cyprus, the Ministirial Cabinet or the Court has the authority to appoint one or more inspectors to investigate the affairs.
INSOLVENCY LAW - APPOINTMENT OF RECEIVERS/MANAGERS IN CYPRUS
In the realm of corporate finance and insolvency, the appointment of receivers and administrators plays a critical role in managing distressed companies in Cyprus.
COMMERCIAL LAW - REGISTERING LEASE AGREEMENTS IN CYPRUS
In Cyprus, lease agreements for real estate that extend beyond 15 years can be registered with the Department of Land and Surveys. Once registered, the agreement grants a real right to the tenant.
COMMERCIAL LAW - REGISTERING PROPERTY SALE PURCHASE AGREEMENT IN CYPRUS
When buying property in Cyprus, registering the purchase agreement with the Land Registry is a crucial step that safeguards your investment and provides significant benefits.
COMMERCIAL LAW - USING BONDS AS GUARANTEES IN CYPRUS
In the context of Cypriot contract law, particularly under Cap. 149, bonds in customary form serve as valuable tools for facilitating financial transactions.
COMMERCIAL TRANSACTIONS - DUE DILIGENCE PROTECTING BUSINESSES
In the ever-changing environment of commercial transactions in Cyprus, businesses face numerous legal obligations and regulatory requirements.
CYPRUS COMPANY LAW: OPPRESSION OF MINORITY PROCEEDINGS - 2024 CASELAW
No counter application or counter claim can be filed by the Respondent Majority Shareholders or Oppressive Shareholders within the context of a Winding Up Petition due to oppression.
CYPRUS LITIGATION: SECURITY FOR COSTS UNDER NEW PROCEDURAL RULES
Under Rule 26 of the new Procedural Rules adopted in September of 2023, a Claimant who has his habitual residence outside the European Union or a Member State of the European Union may, at any stag...
ΑΝΑΣΤΟΛΗ ΠΟΙΝΗΣ ΦΥΛΑΚΙΣΗΣ
Δικαστήριο το οποίο έχει δικαιοδοσία να επιβάλει ποινή φυλάκισης, έχει δικαιοδοσία να εξετάσει και το ενδεχόμενο να αναστείλει αυτή την ποινή, με αποτέλεσμα η ποινή φυλάκισης που θα επιβάλει να μην...
ENFORCEMENT OF FOREIGN JUDGMENTS 2024 - INTERNATIONAL COMPARATIVE LEGAL GUIDES
Constantinos Clerides explains the legal framework applied in Cyprus regarding the enforcement of foreign judgments.
PODCAST: ΔΡ. ΧΡΙΣΤΟΣ ΚΛΗΡΙΔΗΣ - ΔΙΑΧΩΡΙΣΜΟΣ ΕΞΟΥΣΙΩΝ ΓΕΝΙΚΟΥ ΕΙΣΑΓΓΕΛΕΑ
Podcast του Ινστιτούτου Μελετών Πολιτικής και Δημοκρατίας με θέμα «Τον διαχωρισμό των εξουσιών του Γενικού Εισαγγελέα» και φιλοξενούμενο τον Δρ. Χρίστο Κληρίδη
ΚΥΠΡΙΑΚΟ ΕΤΑΙΡΙΚΟ ΔΙΚΑΙΟ: ΑΙΤΗΣΕΙΣ ΕΚΚΑΘΑΡΙΣΗΣ
Το δικαίωμα πιστωτή να ζητήσει διάταγμα εκκαθάρισης εταιρείας λόγω αφερεγγυότητας, δίδεται από το Άρθρο 211 (ε) του Κεφ. 113, στο οποίο ορίζεται ότι εταιρεία μπορεί να εκκαθαριστεί αν είναι ανίκανη...
CYPRUS COMPANY LAW: RECENT DEVELOPMENTS
As the first-instance Court very correctly ruled, no other purpose of the appellant in promoting the liquidation application in question is demonstrated, despite the registration of an appeal again...
CYPRUS INJUNCTIONS (COURT ORDERS): RECENT DEVELOPMENTS
In its recent judgment the Court of Appeal considered it useful to clarify that all injunctions are remedies under the law of Equity, whether they are issued in perpetuity or as an interim measure ...