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5 PROMETHEUS STREET, OFFICE NO 4, 1065 NICOSIA, CYPRUS
Tel:
Work +357 22 45 60 40
Fax:
Fax +357 22 45 60 41
Email:
Web:
www.pavlaw.com
Limassol, Nicosia

Cyprus

Banking and finance
Banking and finance - ranked: tier 2

Patrikios Pavlou & Associates LLC

Patrikios Pavlou & Associates LLC’s ‘reliable team always seeks to achieve the best outcome for its client’. It has been advising a major Russian bank on an amendment of a $7bn facility agreement and is also advising a global investment bank on various issues. ‘Very efficient’ practice head Stavros Pavlou is recommended along with Lia Iordanou Theodoulou and Stella Strati, who provides ‘prompt and comprehensive advice’.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

Patrikios Pavlou & Associates LLC

Patrikios Pavlou & Associates LLC’s ‘excellent’ team is advising a Hong Kong-listed company on a Cypriot due diligence exercise and regularly handles transactions for large companies from Europe, including the CIS. Stella Strati and Lia Iordanou Theodoulou are ‘solution-driven and quick’; Stavros Pavlou ‘gets the deal done’.

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Dispute resolution
Dispute resolution - ranked: tier 1

Patrikios Pavlou & Associates LLC

Patrikios Pavlou & Associates LLC’s ‘precise and responsive’ team is ‘excellent in international arbitration’. Stavros Pavlou is ‘an outstanding attorney with excellent analytical skills’ and Chrysostomos Nicolaou is ‘an extremely strong litigator’. Recent work includes representing a Russian bank in a multi-jurisdictional dispute for the recovery of a substantial debt.

Leading individuals

Stavros Pavlou - Patrikios Pavlou & Associates LLC

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Tax
Tax - ranked: tier 2

Patrikios Pavlou & Associates LLC

Patrikios Pavlou & Associates LLC’s ‘responsive team’ has been advising a number of foreign high-net-worth individuals. Stavros Pavlou is known for his work on international tax planning.

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Further information on Patrikios Pavlou & Associates LLC

Please choose from this list to view details of what we say about Patrikios Pavlou & Associates LLC in other jurisdictions.

Cyprus

Offices in Limassol and Nicosia

Legal Developments by:
Patrikios Pavlou & Associates LLC

  • ICLG:International Arbitration Cyprus 2016

    The only requirement under the main laws applicable to arbitration (see below) is that the arbitration agreement has to be a written agreement to submit present or future disputes to arbitration and, under common law principles, this agreement has to be clear and certain.  Read more...
    - Patrikios Pavlou & Associates LLC

Legal Developments in Cyprus

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Notional Interest deduction 11/17

    Introduction
  • 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.