CONSTANTINOS CLERIDES
HEAD OF COMMERCIAL DISPUTE RESOLUTION - PARTNER
Related Work
EMPLOYEE OR INDEPENDENT CONTRACTOR? A LEGAL GUIDE TO GETTING IT RIGHT
In today’s flexible work culture, many professionals—journalists, consultants, salespeople—operate under titles like “freelancer” or “partner.” But is that really what the law sees? The answer isn’...
INTERIM PROTECTION OF INTELLECTUAL PROPERTY RIGHTS IN CYPRUS: JUDICIAL CONSIDERATIONS AND PRINCIPLES
While courts are prepared to intervene to protect IPRs, this power is not exercised lightly. The balance of convenience – or the “balance of hardship” – remains central to the court’s discretionary...
WHEN CAN LOST PROFITS IN PUBLIC TENDERS BE COMPENSATED? CYPRUS APPEAL COURT'S DECISION
This ruling sets an important precedent for cases involving public tenders and administrative annulments. It strengthens the legal stance that the administration is not obliged to award a contract ...
RECENT JUDGMENT OF THE CYPRUS APPEAL COURT IN TSIELEPIS v. NICHROPA DEVELOPERS LTD: ANALYSIS OF UNJUST ENRICHMENT PRINCIPLES
The Supreme Court dismissed the appeal, upholding the trial court’s decision that the defendant was unjustly enriched. The ruling reinforces that unjust enrichment serves as a fundamental equitable...
THE EVICTION OF STATUTORY TENANTS DUE TO DEMOLITION: LEGISLATION AND CASE LAW
The eviction of statutory tenants due to demolition is a significant and complex legal issue governed by the provisions of the Rent Control Law, Law 23/83, and the corresponding case law.
UNDERSTANDING ACTS OF BANKRUPTCY AND CREDITOR RIGHTS IN CYPRUS
According to the law, an act of bankruptcy occurs under several circumstances. Understanding these components is crucial for insolvency practitioners in the field of insolvency law, as it helps nav...
PROTECTION OF MINORITY SHAREHOLDERS - CYPRUS COMPANIES ACT, ARTICLE 202
Article 202 of the Companies Act provides a legal framework for minority shareholders in Cyprus facing oppressive conduct by majority shareholders.
MEDIATION - PATHWAY TO EFFECTIVE DISPUTE RESOLUTION IN CYPRUS
Mediation in Cyprus offers a confidential, flexible, and cost-effective alternative to litigation, governed by a robust legal framework that ensures enforceability of settlement agreements. Key fea...
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.
COMMERCIAL LAW LECTURES
Constantinos Clerides after successfully teaching Company Law at Frederick University for the academic year 2023-2024, has been assigned an additional subject to teach, Commercial Law. His expertis...
CYPRUS INJUNCTIONS - CHABRA ORDERS AGAINST NON-SUBSTANTIVE DEFENDANTS
Normally, Courts will not issue a freezing injunction against a person who is not a party to the proceedings and against whom there does not exist a serious issue to be tried. The possibility, howe...
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...
CYPRUS ARBITRATION DAY
Our very own Partner, Constantinos Clerides opening discussion at Cyprus Arbitration Day 2024: Modernizing Arbitration Laws. The event was sponsored by CleridesLegal and took place on the 20th May ...
ENFORCEMENT OF FOREIGN JUDGMENTS 2024 - INTERNATIONAL COMPARATIVE LEGAL GUIDES
Constantinos Clerides explains the legal framework applied in Cyprus regarding the enforcement of foreign judgments.
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...
ELTC: LEGAL EXPERT INSTRUCTOR CONSTANTINOS CLERIDES
Constantinos Clerides expertly guides legal professionals through the intricacies of shareholder disputes, offering specialised training in management and resolution techniques. His expertise ensur...
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 ...
COMMERCIAL LITIGATION EXPERT - CONSTANTINOS CLERIDES
Constantinos Clerides is a Partner and lawyer at Phoebus, Christos Clerides & Associates LLC, a leading law firm in Cyprus, where he specialises in commercial litigation and dispute resolution. He...
ΚΩΝΣΤΑΝΤΙΝΟΣ ΚΛΗΡΙΔΗΣ - ΠΥΡΗΝΑΣ ΔΡΑΣΗΣ Η ΕΠΙΛΥΣΗ ΔΙΑΦΟΡΩΝ
Ο Κωνσταντίνος Κληρίδης, συνέταιρος και Επικεφαλής του Τμήματος Επίλυσης Εμπορικών Διαφορών και Εταιρικού Δικαίου στην Φοίβος, Χρίστος Κληρίδης & Συνεργάτες ΔΕΠΕ εξηγεί ότι η εταιρε...
UNDUE INFLUENCE UNDER CYPRUS CONTRACT LAW - CAP. 149
One of the most important cases regarding Undue Infuence by the Supreme Court of Cyprus is that of Kefalas v. Kyriakou Nikola (2000) 1 JSC 1226. Contracts voidable under duress are classified into...
MANAGING AND RESOLVING SHAREHOLDER DISPUTES
It is always in the benefit of all those involved, especially minority shareholders to resolve disputes regarding companies and shareholding as swiftly as possible without the need to resort to lit...
CYPRUS COURT DEVELOPMENTS ON LAW OF EXTRADITION
On 11/07/2023, the Appeal Court in Cyprus heard a case where the Russian Federation had requested the extradition of a Russian in order to stand trial for the crime of theft of funds from the feder...
BUSINESS FOCUS INTERVIEW: CONSTANTINOS CLERIDES
Cyprus is undeniably an excellent place for doing business and investing. As a member of the European Union and the eurozone it follows EU Directives and Regulations. In general, the education of p...
BEST LEGAL CONFERENCE 2023
The opportunities and threats brought by artificial intelligence and language models have a significant impact on legal practice even today. However, experts predict that in just two years, their i...
THE LAW AND ECONOMICS OF MERGERS AND ACQUISITIONS
Constantinos Clerides successfully completed the 6-week online certificate course of LSE on "The Law and Economics of Mergers and Acquisitions".
ΚΑΤΑΣΧΕΣΗ ΧΡΗΜΑΤΩΝ ΤΑΜΕΙΟΥ ΠΡΟΝΟΙΑΣ
Κατάσχεση χρημάτων από τραπεζικό λογαριασμό ταμείου πρόνοιας - μέτρα εκτέλεσης δικαστικής απόφασης. Seizure of money directly from provident fund’s bank account - execution of judgment
BANKRUPTCY PROCEEDINGS UNDER CYPRUS LAW
Constantinos Clerides explaining the nature of Bankruptcy Proceedings in Cyprus and the main reason for rejecting the bankruptcy of a debtor where a creditor is deemed to have initiated and promote...
LEGAL TRAINER & INSTRUCTOR: CONSTANTINOS CLERIDES
Just completed a 9 hour training course as a Legal Trainer and instructor of 28 legal professionals in their Continuing Professional Training (9 CPDs) on behalf of European Legal Training Center. S...
IMPROPER USE OF DIRECTOR'S FIDUCIARY DUTY IN ISSUING SHARES - SHAREHOLDER DISPUTES - COMPANY LAW
In Re Sherborne Park Residents Co Ltd (1986) 2 B.C.C. 99528 Ch (Companies Ct), Hoffmann J held that an action by a shareholder seeking to set aside an improper issue of shares, as in Howard Smith L...
THE RULE AGAINST REFLECTIVE LOSS IN SHAREHOLDER DISPUTES - COMPANY LAW
The rule is that a shareholder, assuming it otherwise has a cause of action as well as the company, cannot recover for loss which is merely reflective of the company’s loss. In the leading case of ...
DUTY IN EQUITY TO PROVIDE SHAREHOLDERS SUFFICIENT INFORMATION - CYPRUS SHAREHOLDER DISPUTES
Duty in equity to provide shareholders with sufficient information. The directors owe a residual duty, said to be a duty “in equity” short of a fiduciary duty, to give to shareholders sufficient in...
ΑΠΟΡΡΙΨΗ ΑΙΤΗΣΗΣ ΔΙΑΤΑΓΜΑΤΟΣ ΑΠΟΚΑΛΥΨΗΣ ΤΥΠΟΥ NORWICH PHARMACAL
Απόρριψη αίτησης για διάταγμα αποκάλυψης εγγράφων και πληροφοριών τύπου Norwich Pharmacal. Successful defence in petition for disclosure orders regarding information and documents - rejection of No...
ΑΚΥΡΩΣΗ ΔΙΑΤΑΓΜΑΤΟΣ ΠΑΡΕΜΠΟΔΙΣΗΣ ΕΙΣΑΓΩΓΗΣ STOLICHNAYA
Απόρριψη διατάγματος παρεμπόδισης εισαγωγής ή και εκτελώνευσης ή και διανομής προιόντων που κατ' ισχυρισμό παραβιάζουν εμπορικά σήματα. Judgement in relation to an injunction that prohibited the im...
MANAGING AND RESOLVING SHAREHOLDER DISPUTES COURSE
European Legal Training Center presents a course by Constantinos Clerides, accredited by CBA. Managing and resolving shareholder disputes takes a practical approach to shareholder disputes, focusin...
ANTI-SUIT INJUNCTIONS - CYPRUS INJUCTIONS
The courts have the power to issue interim injunctions prohibiting a Party from bringing court or arbitration proceedings. In general and where there is the element of foreign parallel proceedings...
COURT'S POWER TO STAY OR TERMINATE LIQUIDATION OF COMPANIES - CYPRUS COMPANY LAW (CAP.113)
Under Article 243(1) of the Cyprus Companies Law the Court may at any time after the issuance of a liquidation order, at the request of either the liquidator or the official receiver (insolvency de...
LIQUIDATION OF COMPANIES BY COURT ORDER (WINDING UP ORDERS) - CYPRUS COMPANIES LAW (CAP.113)
A company may be liquidated by the Court in certain circumstances. Constantinos Clerides, Partner, explains the basic requirements and principles under the Cyprus Company Law (Cap. 113).
CYPRUS INJUCTIONS - THE NORWICH PHARMACAL ORDER (DISCLOSURE ORDER)
Norwich Pharmacal order (“NPO”), has its roots in the known UK House of Lords case of Norwich Pharmacal Co ν. Commissioners of Customs and Excise [1974]. It requires a party to disclose certain doc...
SHARE PLEDGE AGREEMENTS - CYPRUS CONTRACT LAW
Constantinos Clerides, Partner, explains the art of perfecting a pledge agreement pursuant to Article 138(1) and 138(2) of the Cyprus Contract Law (Cap. 149).
ENFORCEMENT OF FOREIGN JUDGMENTS 2022
Practical cross-border insights into the enforcement of foreign judgments in Cyprus by Constantinos Clerides, Partner and Constantina Frangou, Senior Associate. General regime and applicable legal ...
ΑΠΟΡΡΙΨΗ ΑΙΤΗΣΗΣ ΑΝΑΣΤΟΛΗΣ ΚΑΙ ΠΑΡΑΜΕΡΙΣΜΟ ΕΠΙΔΟΣΗΣ / JURISDICTION CLAUSE LUGANO CONVENTION
Το Δικαστήριο απέρριψε αίτηση αναστολής αγωγής ή και παραμερισμό επίδοσης λόγω ρήτρας δικαιοδοσίας στην Ελβετία. Court rejected petition to stay proceedings - jurisdiction clause. Swiss/Cyprus Luga...
CiArb - INTERNATIONAL ARBITRATION
Constantinos Clerides successfully completed and passed Module 1: International Arbitration on 14th September 2021.
ΕΠΙΚΥΡΩΣΗ ΕΙΔΟΠΟΙΗΣΗΣ ΠΤΩΧΕΥΣΗΣ - BANKRUPTCY PROCEEDINGS AGAINST INDIVIDUAL
Το Δικαστήριο επικύρωσε υπερ του πελάτη μας ειδοποίηση πτώχευσης ατόμου και απέρριψε αίτηση παραμερισμού της ειδοποίησης - Bankruptcy proceedings against individual
ΑΠΟΡΡΙΨΗ ΑΙΤΗΣΗΣ ΕΚΚΑΘΑΡΙΣΗΣ - WINDING UP ORDER DENIED
Αντικείμενο της παρούσας διαδικασίας ήταν η αίτηση της Αιτήτριας, με την οποία ζητούσε την εκκαθάριση της Καθ’ ης η αίτηση εταιρείας. Το γραφείο μας εμφανίστηκε για την Καθ᾽ης η αίτηση εταιρεία και...
ΑΠΟΡΡΙΨΗ ΑΙΤΗΣΗΣ ΑΝΑΣΤΟΛΗΣ ΕΚΤΕΛΕΣΗΣ ΕΚΚΡΕΜΟΥΣΗΣ ΕΦΕΣΕΩΣ
Η Αιτήτρια ζητούσε την αναστολή εκτέλεσης απόφασης ως ότου επιδικαστεί η εφεσιβληθείσα πρωτόδικη απόφαση που είχε εκδοθεί υπέρ της Καθ᾽ης η αιτηση. Το Δικαστήριο απέρριψε την αίτηση και υιοθέτησε τ...
CYPRUS INJUNCTIONS - CHABRA ORDERS AGAINST NON-SUBSTANTIVE DEFENDANTS
Normally, Courts will not issue a freezing injunction against a person who is not a party to the proceedings and against whom there does not exist a serious issue to be tried. The possibility, howe...
CYPRUS INJUNCTIONS - THE MAREVA FREEZING INJUNCTIONS
A Claimant who successfully applies in Court for an injunction freezing the assets of a party places themselves in a very strong position from the outset of a dispute, a position which might bring ...
CYPRUS INJUNCTIONS - THE GENERAL PRINCIPLES OF ISSUING COURT ORDERS
The purpose is to finally and permanently prevent the violation of the rights of the successful party. Arguably however, the more important types of orders are the orders sought as an interim relie...
COURSE: M&A - CONCEPTS AND THEORIES
Constantinos Clerides, Head of our Corporate Department, successfully completed and received a passing grade in MA1.1x: M&A: Concepts and Theories, MA1.2x ADVANCED TOPICS and MA1.3x: STRUCTURING TH...
CONSTANTINOS CLERIDES: ASSOCIATE OF CIARB
Constantinos Clerides was admitted as an Associate of the Charter Institute of Arbitrators.
CONTRACT LAW: FROM TRUST TO PROMISE TO CONTRACT
Constantinos Clerides successfully completed HarvardLawShool2X: Contract Law: From Trust to Promise to Contract a course of study offered by HarvardX, an online learning initiative of Harvard Unive...
ΓΙΑΤΡΟΙ ΕΝΑΝΤΙΟΝ ΓΙΑΤΡΩΝ ΜΕ ΦΟΝΤΟ ΤΟ ΓΕΣΥ
Ο γενικός διευθυντής της Πολυκλινικής Υγείας λαμβάνει επιστολή από τον δικηγόρο Κωνσταντίνου Χρ. Κληρίδη. Σύμφωνα με τα όσα αναφέρονται σε αυτήν, «εάν ο ΟΑΥ με τη φράση ‘ανεξάρτητα από το νοσηλευτή...
ΑΠΟΖΗΜΙΩΣΕΙΣ ΓΙΑ ΔΥΣΦΗΜΙΣΗ ΣΕ ΕΣΚΕΜΜΕΝΑ ΑΝΑΛΗΘΕΣ ΔΗΜΟΣΙΕΥΜΑ
Την 5/6/2020 εκδόθηκε η απόφαση στην υπόθεση με αρ. 4420/10, η οποία αφορά αγωγή για δυσφήμιση και επιζήμια ψευδολογία. Στην παρούσα υπόθεση υπήρξαν σαφής αναφορές που καταδείκνυαν την εσκεμμένη αν...
ΑΚΥΡΩΣΗ ΑΠΟΦΑΣΗΣ ΠΕΙΘΑΡΧΙΚΟΥ ΣΥΜΒΟΥΛΙΟΥ
Ακύρωση της απόφασης του πειθαρχικού της Επιτροπής Εκπαιδευτικής Υπηρεσίας με την οποία είχαν κρίνει τον Αιτητή πελάτη μας ένοχο για απρεπή συμπεριφορά.
ΕΠΙΤΥΧΗ ΥΠΕΡΑΣΠΙΣΗ ΣΕ ΙΣΧΥΡΙΖΟΜΕΝΟ ΔΑΝΕΙΟ
Το γραφείο μας ανάλαβε την υπεράσπιση στην υπόθεση και κατάφερε να αποδείξει μέσω νομικών αρχών και μαρτυρίας ότι τα ποσά που η θανούσα πήρε από την Ενάγουσα δεν ήταν αποπληρωτέα αφού ήταν προϊόν ...
ΑΓΩΓΕΣ ΣΤΗ ΒΑΣΗ ΧΡΕΟΥΣ 'H ΔΩΡΕΑΣ ΕΝΑΝΤΙΟΝ ΔΙΑΧΕΙΡΙΣΤΩΝ ΚΛΗΡΟΝΟΜΙΑΣ ΑΠΟΒΙΩΣΑΝΤΩΝ
Ανεξάρτητα του αν εμπίπτει στις εξαιρέσεις του Νόμου, σύμφωνα με τη νομολογία, η μαρτυρία που προσφέρεται προς υποστήριξη μιας απαίτησης εναντίον της περιουσίας κάποιου αποθανόντος πρέπει ως θέμα σ...
SEMINAR IN GENEVA - CYPRUS INVESTMENTS & TRUSTS
Discussing current updates on International Tax Planning, on the use of Trusts and the legal framework for Cyprus investments to private clients in Genève, Switzerland.
SEMINAR: FUND SET UP IN CYPRUS BY THE EUROPEAN INSTITUTE OF MANAGEMENT & FINANCE
Ο Κωνσταντίνος Κληρίδης παρακολούθησε σεμινάριο με θέμα Fund Set Up in Cyprus, που διοργανώθηκε απο το European Institute of Management & Finance.
Η ΜΗ ΣΥΝΕΤΗ ΔΙΑΧΕΙΡΙΣΗ ΤΑΜΕΙΟΥ ΠΡΟΝΟΙΑΣ
«Αποφασίζοντας επενδυτικές πολιτικές οι διαχειριστές πρέπει να παραμερίζουν τα προσωπικά τους συμφέροντα και να αποφεύγονται οι συγκρούσεις συμφερόντων.» Δημοσίευμα του Κωνσταντίνου Κληρίδη, Δικηγό...
ΤΟ ΚΑΘΗΚΟΝ ΔΙΑΧΕΙΡΙΣΤΙΚΩΝ ΕΠΙΤΡΟΠΩΝ ΤΑΜΕΙΩΝ ΠΡΟΝΟΙΑΣ ΓΙΑ ΣΥΝΕΤΗ ΔΙΑΧΕΙΡΙΣΗ
Άρθρο του Κωνσταντίνου Χρ. Κληρίδη σχετικά με την απόφαση του Δικαστηρίου Εργατικών Διαφορών για τα καθήκοντα και τις ευθύνες των Διαχειριστικών Επιτροπών Ταμείων Προνοίας. Την υπόθεση χειρίστηκε π...
ANNUAL COMMERCIAL CONFERENCE
Constantinos Clerides attended the ANNUAL COMMERCIAL CONFERENCE at the Law Society Council Chamber, London.
ΑΚΥΡΩΣΗ ΑΠΟΦΑΣΗΣ ΙΕΡΑΡΧΙΚΗΣ ΠΡΟΣΦΥΓΗΣ
Το Διοικητικό Δικαστήριο ακύρωσε απόφαση Ιεραρχικής Προσφυγής που επικύρωνε αρνητική απόφαση της Πολεοδομικής Αρχής εις βάρος των πελατών μας.
Ο Δρ. Χρίστος Κληρίδης και ο Κωνσταντίνος Κληρίδης με τον Πρόεδρο του Ανωτάτου Δικαστηρίου Αγγλίας Lord Neuberger
Ο Δρ. Χρίστος Κληρίδης και ο Κωνσταντίνος Κληρίδης με τον Πρόεδρο του Ανωτάτου Δικαστηρίου Αγγλίας Lord Neuberger. Λονδίνο, Οκτώβριος 2017.