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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Interim injunctions in Cyprus for the freezing of assets and disclosure of documents and information

March 2015 - Litigation & Dispute Resolution. Legal Developments by Michael Kyprianou & Co. LLC .

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The availability of interim relief is often crucial in ensuring satisfaction of any final court judgment or arbitral award. An interim injunction can ensure that property is not alienated while a case is still pending. In other cases it can level the playing field if one party (or even non-party) is restricting access to information material to the case. The ability to apply for interim relief is a vital tool for any legal jurisdiction. Cyprus is no exception. Due to its popularity as a centre for company incorporation, its legal system must also cater for the large number of companies registered on the island. Its legal regime on injunctions must be an effective one.

Community Trademark Conversion Procedure

March 2015 - Litigation & Dispute Resolution. Legal Developments by Michael Kyprianou & Co. LLC .

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A Community Trademark (CTM) is a trademark and/or a trademark application which has been filed via the Office for Harmonization in the Internal MarketOHIM in order to be granted protection and have effect in the whole of the European Union.

Patients' Rights in Cyprus

March 2015 - Litigation & Dispute Resolution. Legal Developments by Michael Kyprianou & Co. LLC .

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In Cyprus,patients enjoy various rights under the Safeguarding and Protection of Patients' Rights Act of 2004,which is in force since April 2005. This Act establishes the rights of patients regarding health care, as well as the control mechanism for securing these rights.

Enforcement of Cyprus Share Pledges

March 2015 - Finance. Legal Developments by Michael Kyprianou & Co. LLC .

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A security interest over shares in a Cypriot company under Cyprus law is normally established by a share pledge agreement entered into between the registered shareholder of the said shares (the “Pledgor”) and the person in whose favour the security interest is taken (the “Pledgee”). All matters related to Cyprus Share Pledges are regulated by the provisions of the Cyprus Companies Law, Cap. 113, and the Cyprus Contracts Law, Cap. 149.

Alternative Investments Funds Law 2014

March 2015 - Finance. Legal Developments by Michael Kyprianou & Co. LLC .

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Cyprus implemented in its legal system the Alternative Investment Funds Law of 2014 (the “AIF Law”) in July 2014. The AIF Law replaces and repeals the International Collective Investment Schemes Law (the “ICIS Law”), which governed the international investment funds since 1999 in Cyprus.

The Civil Legal System in Cyprus: The Amendment of Order 30 of the Civil Procedure Rules and its Imp

March 2015 - Litigation & Dispute Resolution. Legal Developments by Michael Kyprianou & Co. LLC .

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Although not verbatim embodied in the Civil Procedure Rules of Cyprus, the overriding objective of enabling the court to deal with cases justly and at proportionate cost (Civil Procedure Rules of England and Wales, Part 1.1, implementing the Jackson Reforms on 1/4/2013) is a founding doctrine of the civil legal system. The parties in a litigation dispute are required to help the court to further this principle under the guidance of the Civil Procedure Rules, a procedural code towards its advancement.

Jersey Legislation Overview

March 2015 - Corporate & Commercial. Legal Developments by Ogier .

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