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Case Law
The firm successfully represented Gordian Holdings Limited before the Court of Appeal of Cyprus in Civil Appeal No. 273/2019, opposing an appeal filed by the guarantor against a judgment of the District Court of Nicosia. The appeal concerned a substantial banking and guarantee dispute arising from a personal guarantee dated 31 October 2008. The guarantor had been ordered at first instance to pay USD 20,000,000, or the equivalent amount in Euro, together with contractual interest, in respect of liabilities arising from three guarantee letters issued by Bank of Cyprus in favour of ABN AMRO Bank N.V.
Case Law
On 26 June 2026, the District Court of Nicosia delivered its judgment in General Application No. 199/2022 and 200/2022, dealing with issues concerning the nature and extent of a beneficiary’s right to obtain disclosure of documents and information from a trustee in relation to a trust, the trust property and its administration. The decision is of particular importance, as the Court noted that it had not identified any Cyprus case law dealing with the issues before it. It therefore provides important first-instance guidance on a matter which does not appear to have been previously examined in detail by Cyprus case law. The case was handled by Constantinos Chr. Clerides on behalf of the Interested Parties, who were two of the three beneficiaries of the trust.
Case Law
In proceedings before the Family Court of Larnaca, the firm successfully represented the applicant in opposition to an intermediate application by the respondent challenging the jurisdiction of the Court in proceedings concerning paternal recognition and related genetic testing.
Case Law
Defence counsel submitted that no prima facie case had been established against the accused pursuant to section 74(1)(b) of the Criminal Procedure Law, Cap. 155, and accordingly invited the Court to acquit and discharge the Accused at this stage. / Η συνήγορος υπεράσπισης εισηγήθηκε ότι δεν έχει αποδειχθεί εκ πρώτης όψεως υπόθεση εναντίον του κατηγορούμενου σύμφωνα με το άρθρο 74(1)(β) του Περί Ποινικής Δικονομίας Νόμου, Κεφ. 155 και ως εκ τούτου κάλεσε το Δικαστήριο να αθωώσει και να απαλλάξει τον Κατηγορούμενο από αυτό το στάδιο.
Case Law
An appeal was examined in an action for the recovery of sums paid pursuant to an insurance advisor agreement and a related financial assistance arrangement. The appellants invited the Court of Appeal to consider the issue of illegality ex proprio motu, as it arose manifestly from the agreements themselves and the surrounding circumstances.
Case Law
In proceedings before the Larnaca District Court, the firm successfully represented the respondent in opposition to an application seeking a stay of execution of a judgment pending appeal, following the issuance of a summary judgment which included, inter alia, an order for delivery of vacant possession and monetary relief. The respondent was represented by Antonis Georgiou, Partner, who opposed the application on the basis that no special circumstances had been established to justify a stay.
Case Law
The case was handled on behalf of the Respondent by Phoebus, Christos Clerides & Associates LLC, and afforded the Court the opportunity to rule, at the level of principle, on the conditions, limits and exceptional nature of pre-action disclosure in a field where — as expressly acknowledged in the judgment itself — no binding Cypriot case law has existed to date. It is expected that the decision will serve as a point of reference for future Cypriot jurisprudence and will guide both judicial practice and procedural strategy under the New Civil Procedure Rules.
Case Law
The application concerned the setting aside of a judgment issued against the Defendant due to his non-appearance during the continuation of the hearing proceedings, notwithstanding the fact that he appeared before the Court in person a few minutes after the judgment had been delivered. / Η αίτηση αφορούσε τον παραμερισμό απόφασης που εκδόθηκε σε βάρος του εναγομένου λόγω της μη παρουσίας του κατά τη συνέχιση της ακροαματικής διαδικασίας, παρότι αυτός εμφανίστηκε στο Δικαστήριο λίγα λεπτά μετά την έκδοση της απόφασης, εμφανιζόμενος αυτοπροσώπως.
Case Law
Application for the obtaining of retrospective leave from the Court for the filing and continuation of an action against a company under liquidation, without the required leave having previously been obtained. / Αίτηση για εξασφάλιση αναδρομικής άδειας από το Δικαστήριο για την καταχώριση και συνέχιση αγωγής εναντίον εταιρείας υπό εκκαθάριση, χωρίς να είχε προηγουμένως ληφθεί η απαιτούμενη άδεια.
Case Law
In proceedings before the Larnaca District Court, the firm successfully represented defendants in an application to set aside a default judgment issued in their absence, concerning claims exceeding €15 million arising from alleged loan facilities and related security arrangements. The defendants were represented by Antonis Georgiou, Partner, who advanced the application on the basis that the failure to enter an appearance was properly explained and that the material before the Court disclosed a serious prima facie defence.
Case Law
The District Court of Nicosia, exercising its bankruptcy jurisdiction, issued a judgment on 12 January 2026 in Bankruptcy Application No. 14/2019, granting an application by the Bankruptcy Administrator for the annulment and deletion of a deposited sale agreement relating to two apartments in Nicosia. The Court held that the transaction constituted a fraudulent disposition under section 46(1) of the Bankruptcy Law, Cap. 5, finding that it was not carried out in good faith or for genuine consideration and that it prejudiced the rights of creditors.
Case Law
Our firm successfully represented the landlord in opposing an interim application by the tenant seeking extensive amendments to his Reply and the introduction of a new Counterclaim at a late stage of the proceedings. The proposed amendments attempted to reopen matters previously adjudicated, introduce issues unrelated to the real dispute, and significantly expand the scope of the litigation.
