The Legal 500

Andreas Coucounis & Co LLC

9 ARCHBISHOP MAKARIOS III AVENUE, LAZAROS CENTRE, SUITE 101-102, PO BOX 40519, 6305 LARNACA, CYPRUS
Tel:
Work +357 24 82 24 60
Fax:
Fax +357 24 62 61 06
Email:
Web:
www.coucounis.com
Paphos, Nicosia, Larnaca

Cyprus

Recommendations


Cyprus

Within Banking and finance, Andreas Coucounis & Co LLC is a third tier firm,

Andreas Coucounis & Co LLC has been advising corporate clients that own properties across Europe on negotiating refinancing arrangements to execute major development projects. The team also advises companies on routine commercial borrowing. Dimitria Coucouni and Tasos Coucounis are recommended.

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Within Corporate and M&A, Andreas Coucounis & Co LLC is a third tier firm,

Andreas Coucounis & Co LLC recently advised on corporate real estate work involving a property in the financial district of Dublin, Republic of Ireland. Dimitria Coucouni is ‘knowledgeable and efficient’, and Tasos Coucounis is also noted.

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Within Dispute resolution, tier 4

Under the leadership of the ‘knowledgeable’ Tasos Coucounis, Andreas Coucounis & Co LLC’s disputes group successfully obtained a ‘Norwich Pharmacal’ order on behalf of a French corporate client.

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Within EU and competition, Andreas Coucounis & Co LLC is a second tier firm,

Andreas Coucounis & Co LLC’s team is led by Tasos Coucounis, who is ‘well versed’ in contentious competition matters. Highlights included successfully representing Karydas Drive & Fly before the CPC in its complaint against Hermes Airports for abuse of a dominant position.

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Within Real estate and construction, Andreas Coucounis & Co LLC is a second tier firm,

Andreas Coucounis & Co LLC is currently representing two foreign residents’ associations in a Supreme Court case concerning real estate taxes imposed by a local council. Tasos Coucounis is recommended.

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Further information on Andreas Coucounis & Co LLC

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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
  • New double taxation agreement between Cyprus and Bahrain

    On 9 March 2015 Cyprus and Bahrain signed a new double taxation agreement. Like all of Cyprus’s recent DTAs it closely follows the 2010 OECD Model Tax Convention. Its main provisions are summarised below.
  • Increased ongoing training requirements under the Manila amendments to STCW78

    The Cyprus Department of Merchant Shipping (“DMS”) has issued a circular to all owners, operators and masters of Cyprus-flagged ships reminding of the increased levels of training that are required for the issue of certificates of competency under the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers of 1978 (“STCW 78”) with effect from 1 January 2017 as a consequence of the Manila Amendments to the Convention.
  • Cyprus's Economic Citizenship Programme

    The Civil Registry Law, 141(I) of 2002 provides for non-Cypriots of full age and capacity to acquire citizenship by naturalisation. Applicants are generally required to have lived in Cyprus for seven years prior to submitting an application. However, in 2013 the Cyprus government introduced a fast-track procedure which allows qualifying persons to obtain Cypriot citizenship by naturalisation on an accelerated basis. Applicants must own a permanent residence in Cyprus with a value of €500,000 or more excluding VAT and have no criminal record and no asset freezing orders outstanding against them. Further details are as follows:
  • New Cyprus insolvency laws

    On 18 April the Cyprus parliament approved a new package of insolvency laws, aimed at streamlining and modernising the existing system and promoting a rescue culture. The new insolvency framework forms part of the economic adjustment programme agreed between the Cyprus government and international providers of financial support at the time of the 2013 banking crisis.
  • Company Formations in Cyprus

    Cyprus has traditionally been a significant destination for the setting up of international business companies (IBCs) (that is to say companies with foreign interests).   Read more...
  • The Dispute Resolution Review - Cyprus Chapter

    Cyprus became an independent and sovereign republic on 16 August 1960. Before that it was a British colony and many features of the British have remained embedded in the judicial system and in other facets of the function of the Cyprus State.
  • Interim injunctions in Cyprus for the freezing of assets and disclosure of documents and information

    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

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

    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

    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.