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Cyprus > Maritime and admiralty > Law firm and leading lawyer rankings

Editorial

Index of tables

  1. Maritime and admiralty
  2. Leading individuals

Leading individuals

  1. 1

Who Represents Who

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Christodoulos G. Vassiliades & Co. LLC’s ‘thorough and experienced’ team provides a full range of legal services to shipowners and ship management companies, as well as serving as registrar of Belize-flagged vessels. Highlights included advising Maritime Bank on taking security over various Cyprus registered vessels. The ‘highly efficient and methodical’ Maria Hajivarnava heads the practice.

Chrysses Demetriades & Co Law Office’s ‘strong team’ has a solid reputation for its shipping work acting for large public and private shipping entities. Michael McBride heads the department, which advises shipowners, managers and brokers on a wide range of maritime issues. Marion Coukidou-Madella is well regarded for ship financing. The team is also skilled at admiralty and ship-related litigation and handles all aspects of commercial shipping. Clients include financial institutions, shipyards and insurers (including P&I clubs).

FIRMS IN THE SPOTLIGHT

Michael Kyprianou & Co

Michael Kyprianou & Co LLC has a long tradition in providing full spectrum legal services to the shipping sector. The company’s shipping links date back to the first years of the firm’s establishment. The law firm’s offices in Cyprus, Greece and Malta have been assisting clients involved in the shipping industry, offering legal advice and other ancillary services. The maritime and admiralty team consists of experienced commercial and litigation lawyers, acting for various ship owners, charterers, ship managers, financial institutions and other shipping related entities. The team’s areas of practice includes advising on and negotiating transactions, issuing legal opinions on a range of ship financing transactions, guarantees, securities and other documentation, as well as undertaking registration and deletion of ship mortgages at the Cyprus Ships Registry. The maritime and admiralty team further provides advice and assistance in relation to vessel registration under the Cyprus flag and the chartering, sale and purchase of ships and shipbuilding as well as the financing of these activities. Moreover, the admiralty department offers legal advice on a wide range of contentious matters, having both wet and dry shipping capability. The team’s experience includes, inter alia, advising on charter party disputes, bills of lading, claims for loss or damage to cargo, marine insurance, ship arrest, limitation of liability and personal injury claims as well as representing clients before the Admiralty Court. Partners Tonia Antoniou and Lambros Soteriou head the maritime department. Lambros Soteriou deals with Ship Registration and International Tax Planning of shipping corporations and individuals while Tonia Antoniou is an expert in Ship Finance, advising owners and banking institutions. Managing Partner Menelaos Kyprianou heads the admiralty department advising and representing clients in maritime disputes.

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Panayiotis Neocleous is head of Elias Neocleous & Co LLC’s broad-ranging shipping department, which regularly works with large international law firms and handles a significant amount of debt recovery work for carriers. Other areas of expertise include advising on ship and superyacht purchases and in proceedings before the admiralty jurisdiction of the Supreme Court of Cyprus. Costas Stamatiou and Maria Ioannou Anastasiou are well regarded.

Montanios & Montanios LLC’s ‘highly respected shipping practice’ is skilled at handling contentious and non-contentious maritime matters and regularly advises shipyards, ship managers, shipowners and charterers. Acis Montanios and Eric Montanios are well regarded.

Michael Kyprianou & Co. LLC’s team acts for shipowners, ship managers and financial institutions involved in the shipping industry. Tonia Antoniou heads the team, which is skilled at issuing legal opinions on a range of ship financing transactions, guarantees and other security documentation. It also routinely handles vessel registrations under the Cypriot flag and the chartering, sale and purchase of ships.

Polakis Sarris & Co Lawyers is ‘a very sound firm for shipping work’. It has extensive experience of vessel registration, sale and purchase. Other areas of expertise include the Cyprus tonnage tax system. Highlights included advising on a $55m financial restructuring agreed between a German bank and eight shipping companies. Polakis Sarris is recommended.

Haviaras & Philippou L.L.C. advises clients on ship finance, corporate and contentious maritime matters. Andreas Haviaras is ‘well respected’ for contentious work.

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Press releases

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Legal Developments in Cyprus

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Cyprus: Changes To The Inheritance Process Under European Succession Regulation 650/2012

    The growing importance of cross border successions within the European Union and the difficulties and complications resulting from the diversity of succession and private international law rules relating to succession, prompted the European Commission to examine the possibility of introducing a Regulation that would facilitate and streamline cross border successions.
  • A fight against corruption by the proposed introduction of Criminal Record Certificates for Companie

    Due to existing problems with regards to companies competing for the undertaking of public projects, on the 28 th  September 2015 the Cabinet decided to give an end to the scandals involving the squander of millions of public money by approving an amendment Bill, which would add to the conditions for public tenders, the requirement of providing a Criminal Record Certificate for legal entities. Until today, this was not required due to gaps and loopholes in the existing Law. Provided this Bill will be passed into Law by its publication at the Official Gazette of Cyprus, companies applying for public tender will be asked to produce a certificate that would show they have a clean criminal record.
  • LIS ALIBI PENDENS UNDER THE COUNCIL REGULATION (EC) NO 44/2001 ON JURISDICTIONAND THE RECOGNITION AN

    Lis Alibi pendens is Latin for "suit pending elsewhere" . Both Articles 27 and 28 of the EU Regulation 44/2001 regulate the existence of lis alibi pendens and related judicial actions. In particular it is a doctrine that regulates the jurisdictional relationship of courts hearing concurrent proceedings involving the same or related causes of action between the same parties pending in the courts of different Member States.
  • The new features under the Recast Regulation 1215/2012

    The significance of the EU Regulation 44/2001 is well known as its rules determine both the jurisdiction of courts in the EU in civil and commercial disputes and the conditions for the recognition and the enforcement of their judgments in other EU member States.
  • ECJ CASE C-28/26 - RECOVERABILITY OF INPUT VAT OF A HOLDING COMPANY

    Case C-28/26 - Examines the right of a holding company to deduct input VAT on services acquired in the interest of its subsidiaries where those services are offered to its subsidiaries with no consideration.
  • European Commission proposes new VAT rules to support e-commerce and online businesses in the EU

    On 1 December 2016, the European Commission has published proposals to improve the Value Added Tax (VAT) environment for e-commerce businesses in the EU. Particularly, the proposed changes, aiming to allow start-ups and SMEs, to buy and sell goods and services more easily online.
  • Unjust Banking Practices in Swiss Franc Loan Agreements

    The Cypriot banking system is currently being confronted with the issue of providing foreign loans and in particular Swiss francs to both locals and foreigners to cover their housing requirements. Of principle concern in Cypriot and European Courts are the banking practices used in attracting clients to these financial institutions. It seems that misinformation through the use of various means of bank notifications and practices point towards the use of the distortion and the concealment of essential information to borrowers. The Cypriot banking system (that is sanctioned by European banking) in the provision of Swiss Francs did not in most cases provide a complete and proper briefing of the risks involved in these types of loan contracts that also incorporated exchange and interest rate fluctuations.
  • CYPRUS

  • CYPRUS: ARBITRATION – ANTI-SUIT INJUNCTION ISSUED BY ARBITRATORS

    The European Court of Justice (‘ECJ’) in the Gazprom Case (2015) held that anti-suit injunctions issued by arbitral tribunals in relation to the pursuit of Court proceedings within the EU, are not incompatible with the Brussels Regulation. The ECJ held that the BrusselsRegulation does not prevent a Court in an EU Member State from recognizing and enforcing an award containing such an anti-suit injunction, either pursuant to national law, or the New York Convention.
  • Cyprus: Worldwide freezing orders

    In the English case of Derby& Co v Weldon (No3 and 4) (1990) Ch 65, the Court of Appeal held unequivocally that a court can order a defendant’s assets to be frozen even if they are situated outside of the jurisdiction. However what is vital to be established in such circumstances is:

Press Releases in Cyprus

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to