Kyriaki Skoufari

In Cyprus, the movement of employees from one company to another has become increasingly common, especially after the development of specialized professional skills. However, when an employee is hired by a competing company or establishes their own competing business, issues may arise regarding the use of confidential information, trade secrets, or client data. In such cases, the immediate response of the affected company is critical and often involves taking legal measures to protect its interests.

The “inexhaustible building factor” represents a right that pertains a future development of the property, as by the law constitutes a separate unit and certainly does not constitute a common area for the owners of the joint property. Therefore, including that separate unit as common area, in determining of the corresponding amount of money for each owner, alters the actual monetary amount and the co-ownership ratio. Such an erroneous practice in the apportionment of expenses related to the common areas, which often goes unnoticed, may lead to conflicts and disagreements among co-owners and may give rise to civil liability due negligence.

A great day at the Young Advocates Summit! Proud of our colleagues Irene, Kyriaki and Adrianos for representing our firm, connecting with peers, and embracing the opportunity to grow within the profession. Supporting the next generation of advocates remains at the heart of what we do.