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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

Cyprus

Banking and finance
Banking and finance - ranked: tier 2

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC’s team gives ‘well-balanced advice’ and has extensive experience of domestic and cross-border loan and security transactions, where it is regularly instructed by international law firms. The practice is Cypriot counsel to Silk Road, a Chinese state-owned investment fund. Lambros Soteriou and Tonia Antoniou are ‘very thorough and commercial’, and ‘knowledgeable’ associate Lorena Charalambous is also recommended.

Next generation lawyers

Lorena Charalambous - Michael Kyprianou & Co. LLC

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 2

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC’s ‘responsive’ team is ‘prepared to always go that extra mile’. It provides ‘a top-level service’ in capital markets and corporate governance capabilities, and acted as local counsel alongside an international law firm on a large overseas takeover and associated business combination and restructuring. The ‘approachableLambros Soteriou and the ‘experiencedTonia Antoniou are recommended along with ‘technically excellent’ associate Ioanna Solomou.

Next generation lawyers

Ioanna Solomou - Michael Kyprianou & Co. LLC

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Dispute resolution
Dispute resolution - ranked: tier 1

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC fields a ‘knowledgeable and responsive team that has the capacity to work well within large multi-jurisdictional teams and can accommodate the complex needs of those various teams’. It is currently advising a shareholder of Maxbet Entertainment Group on an allegedly illegal transfer of his shareholding. Menelaos Kyprianou is ‘a very experienced litigator’ and Marina Hadjisoterioucomprehends complex matters quickly and explains things well to clients’.

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EU and competition
EU and competition - ranked: tier 2

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC recently acted for Alvarez & Marsal Europe LLP during an investigation by the Central Bank of Cyprus into the Cypriot banking sector. Menelaos Kyprianou is well regarded.

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Intellectual property
Intellectual property - ranked: tier 2

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC advises on the full range of IP matters for clients such as Thomson Reuters and as local counsel to international law firms. Tonia Antoniou heads the team.

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Maritime and admiralty
Maritime and admiralty - ranked: tier 2

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC’s team acts for shipowners, ship managers and financial institutions involved in the shipping industry. Tonia Antoniou heads the team, which is skilled at issuing legal opinions on a range of ship financing transactions, guarantees and other security documentation. It also routinely handles vessel registrations under the Cypriot flag and the chartering, sale and purchase of ships.

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Real estate and construction
Real estate and construction - ranked: tier 2

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC’s ‘professional team’ is headed by Savvas Savvides, who gives ‘clear and concise’ advice. Associate Esme Palas (an associate) ‘stays on top of every detail and keeps clients well informed’. The team has substantial work with Chinese investors.

Next generation lawyers

Esme Palas - Michael Kyprianou & Co. LLC

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Tax
Tax - ranked: tier 2

Michael Kyprianou & Co. LLC

Michael Kyprianou & Co. LLC has been advising on major restructuring and reorganisation projects and the tax aspects of liquidations. The department is also skilled at handling tax controversy work. Lambros Soteriou heads the team.

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Further information on Michael Kyprianou & Co. LLC

Please choose from this list to view details of what we say about Michael Kyprianou & Co. LLC in other jurisdictions.

Cyprus

Offices in Paphos, Nicosia, Limassol, and Birkirkara

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

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.