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Michael Kyprianou & Co. LLC

2 AGIAS ELENIS STREET, 6TH AND 7TH FLOORS, 1060 NICOSIA, CYPRUS
Tel:
Work +357 22 44 77 77
Fax:
Fax +357 22 76 78 80
Email:
Web:
www.kyprianou.com
Athens, Birkirkara, Limassol, Nicosia, Paphos

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

 

8th Amendment of the Constitution of the Republic of Cyprus – the establishment of the Administrat

August 2015. Press Releases by Michael Kyprianou & Co. LLC (view listing).

The Constitution of the Republic of Cyprus and in particular Article 146 of the Constitution was recently amended pursuant to the Establishment and Operation of the Administrative Court Law 2015 (Law 131(I)/2015) which was published in the Official Gazette on 21/7/2015. 

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Tonia Antoniou and Lambros Soteriou, Partners at Michael Kyprianou & Co LLC licensed to act as Insol

August 2015. Press Releases by Michael Kyprianou & Co. LLC (view listing).

We are pleased to announce that Tonia Antoniou and Lambros Soteriou, partners at Michael Kyprianou & Co. LLC have been licensed to act as Insolvency Consultants. 

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Legal Developments by:
Michael Kyprianou & Co. LLC

  • 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.
    - Michael Kyprianou & Co

Legal Developments in Cyprus

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