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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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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

Find out which law firms are representing which Maritime and admiralty clients in Cyprus using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact david.burgess@legal500.com.

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FIRMS IN THE SPOTLIGHT

Montanios & Montanios

Montanios & Montanios (M & M) is one of the oldest law firms in Cyprus with an international practice. Over the last 67 years, it has acted for a wide spectrum of Cypriot and overseas clients, both corporate and private. It has been involved in a great number of local and international shipping corporate and commercial transactions and has represented litigation clients before all Cypriot courts (other than criminal and administrative). The firm was founded in 1951 by the late Michael Montanios, a barrister-at-law of the Middle Temple (London), in the port city of Famagusta.

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Christodoulos G. Vassiliades & Co. LLC's ‘energetic and professional’ team adopts a ‘very client-oriented approach to matters’. The group serves as deputy registrar of the Belize-ship registry in Cyprus and Greece. Highlights included advising its client from the beginning on the purchase of a vessel through an offshore company in a matter that spanned different jurisdictions. The matter was complicated by the fact that the money for the purchase was issued through promissory notes.

Chrysses Demetriades & Co Law Office is 'a great firm for shipping work' and has 'an efficient and well-established’ team. The group assisted a German bank with all local law matters concerning a complex multi-jurisdictional deal relating to the refinancing of a fleet of ten vessels. Michael McBride is praised for his ‘all-round experience’ and Marion Madella is recommended for her ‘expertise in ship financing’. The ‘first-class and responsive’ Yiannis Christodoulou provides ‘clear advice’.

Elias Neocleous & Co LLC advises clients such as Aegeon Insurance, Limassol Marina and Nordea Bank. The team handles a large amount of debt recovery work for carriers and is adept at advising on ship and superyacht purchases as well as handling proceedings before the admiralty jurisdiction of the Supreme Court of Cyprus. Head of team Costas Stamatiou has 'an excellent understanding of the local requirements on international transactions’.

Michael Kyprianou & Co. LLC has an ‘accessible’ team that acts for ship owners, managers and financial institutions such as DP World Limassol and regularly provides legal opinions on a range of ship financing transactions. Lambros Soteriou and Tonia Antoniou are recommended.

Montanios & Montanios LLC has 'a considerable presence in the shipping industry’. It is adept at advising on tax and corporate issues relating to the purchase of vessels and handling ship financing matters. Acis Montanios and Eric Montanios are noted.

At Polakis Sarris & Co LLC, recent highlights include successfully acting for a major Cypriot bank in preventing an order from being overturned for the arrest of two mortgaged vessels. Christina Sarris is a key member of the ‘sound’ team.

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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 Implements ATAD

    In light of EU Anti-Tax Avoidance Directive (ATAD), the Cyprus House of Representatives on April 5, 2019 voted into law (applicable from January 1, 2019) the partial implementation of legally-anti-abusive measures. These measures include the ‘interest limitation’ rule, the ‘general anti-abuse’ rule, and the ‘controlled foreign companies’ rule. The rest two measures stipulated by the EU ATAD (exit taxes and rules to tackle hybrid mismatches) are expected to be implemented in Cyprus by 2020.
  • Pre-1995 Leases in Malta

    Recently, the Maltese courts may have possibly brought about the beginning of the end of a legal and social question concerning landowners who were, and still are, subjected to pre-1995 rent laws. The judgement given in  Anthony Debono et v. Avukat Generali et. , may prove to be a milestone in Maltese rent laws.
  • IS SILENCE GOLDEN? The added value of emergency media response plans

    In the words of  WARREN BUFFET:
  • Why Cyprus for Maritime?

    Recognizing the political, economic and social importance of shipping, as from 1963, Cyprus managed to develop the country into a fully-fledged shipping centre combining both a sovereign flag and a resident shipping industry, which is renowned for its high-quality services and standards of safety.
  • Changes to UK capital gains tax

    Since April 2019, the new rules regarding capital gains tax have been implemented in UK. The intention of the implementation of new rules is to remove the advantage of non- UK residents who did not pay tax over the gains from the disposal of all their property in UK.
  • Increase of Property Rents in Cyprus: Permissible and Non-Permissible Limits

    It has been many times that my clients have expressed the question as to when and how the rental amounts increase.  This question is voiced by both Landlords and Tenants of real estate.
  • Shipping at the spotlight of terrorism

    Is terrorism the new norm for shipping?
  • Adidas three stripe Trademark Revocation

    In a judgment of the General Court of the European Union of the 19th June 2019, Adidas saw their hopes of extending their three stripes trademark dashed, as the court ruled that there was no distinctiveness in the three stripes trademark. Furthermore, the court held that the Adidas had failed to prove that the mark had acquired distinctive character through use throughout the member states of the EU.
  • David against Goliath – Libra vs Central Banks: Who will win?

    Working in the crypto and DLT space is like being on an emotional rollercoaster with feelings which range from curiosity, excitement, euphoria, revelation, shock, disappointment, hope, wonder and determination – did I miss any?
  • UK Telecoms company fined £100K over unsolicited marketing messages

    The Information Commissioner’s Office (‘ICO’) which is the UK’s data protection supervisory authority, recently issued a fine of £100,000 to EE Limited, a telecoms company operating in the UK. The fine was issued in response to EE Limited having sent two and a half million unsolicited direct marketing messages to its customers, back in early 2018. The direct marketing messages were sent without EE Limited having first obtained the required consent to send them to its clients.

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