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George Y Yiangou LLC

12-14 KENNEDY AVENUE, KENNEDY BUSINESS CENTRE, 2ND FLOOR, OFFICE 203, 1087 NICOSIA, CYPRUS
Tel:
Work +357 22 65 33 33
Email:
Web:
www.yiangou.com.cy
Athens, Nicosia

The firm

George Y. Yiangou LLC, Advocates – Legal Consultants was established in 1981 by its managing partner Mr George Yiangou, and today it is one of the largest law firms in Cyprus.

The firm’s head office is situated in Nicosia at 12 Kennedy Avenue. It also has offices in Limassol, Athens and Thessaloniki.

The offices are staffed with professionals providing high-quality legal and administrative services. The law firm includes 35 lawyers and an administrative team of 55 employees. The firm has established a network of international lawyers and has professional law representatives worldwide, assuring clients of efficient legal assistance throughout the globe.

The firm specialises in the areas of commercial law, corporate law, banking and finance, mergers and acquisitions, litigation, mediation and arbitration, international tax planning and international debt collection.

Through 35 years of stable and diligent work on the international legal market, the firm has achieved successful business relations with a large number of clients all over the world and has gained a firm reputation as an efficient and reliable partner.

Its aim is to provide clients with prompt, practical and cost-effective assistance and to pay personal attention to their individual requirements.

Areas of practice

Corporate and commercial: business support; advice on taxation matters; undertaking financial-related issues; assistance in setting up companies, partnerships, funds etc in Cyprus; administration and annual services which include a full range of trustee, fiduciary and secretarial services; completion of management tasks linked to capital increases, equity contributions, differentiation of class rights, transfers of shares, restructuring and insolvency services.

Banking and finance: the firm’s expertise in this area includes: reviewing, drafting and negotiating loan agreements and security documentation; advice on creation and perfection of different types of collateral; advice on corporate and tax matters, stamp duty and proper execution of documents; syndicated and bilateral lending; acquisition and project finance; refinancing and real estate financing; finance leasing, indemnities and guarantees; debt capital markets; debt restructuring; securities and securities law compliance.

Mergers and acquisitions: the firm’s expertise in this area includes: structuring and control of mergers, acquisitions and joint ventures; M&A finance; drafting and negotiating joint venture agreements, subscription and shareholder agreements; share and asset management; leveraged and management buyouts; general legal advice on corporate, regulatory, securities, competition, labour matters and enforcement matters; legal, financial and tax due diligence.

Litigation: the firm’s name is well known in the following areas: banking and commercial litigation; contractual disputes; bankruptcy and insolvency; enforcement of foreign judgments and arbitral awards; international arbitration; mediation; construction litigation and arbitration; administrative litigation.

LanguagesArabic
English
French
German
Greek
Italian
Romanian
Russian
Turkish
Ukrainian

Other officesAthens
Limassol
Thessaloniki

MemberInternational Bar Association
Cyprus Bar Association
ITPA
STEP
IAG International Advisory Group
Center of International Legal Studies
LIC
The Commercial Law League of America (CLLA)
Credit Services Association (CSA) of UK
ACA
IACC
TCM Group International
Hellenic Collectors Association

Number of lawyers 35

at this office 25

Above material supplied by George Y Yiangou LLC.

Legal Developments by:
George Y Yiangou LLC

  • Commentary on the judgement of the European Court of Justice

    The Court of Justice of the European Union (CJEU) dismisses the actions for annulment of the MoU and the Eurogroup statement and the actions for compensation of uninsured depositors for the restructuring of the Cypriot banking sector
    - George Y Yiangou & Co

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: