The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

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.cy
Athens, Birkirkara, Limassol, Nicosia, Paphos

Lambros Soteriou

Tel:
Work +357 25 36 36 85
Email:
Michael Kyprianou & Co. LLC

Work Department

Investment Firms Regulation, Corporate and Financial Law, International Tax Planning

Position

Partner

Career

Lambros Soteriou is a partner at Michael Kyprianou & Co. LLC law firm. He is the head of the corporate department at the firm’s Nicosia and Limassol offices.

Lambros has wide-ranging company and commercial experience, especially in corporate restructuring, taxation and finance. He also specialises in immigration law and immovable property. The majority of his clientele comes from overseas.

Lambros has more than ten years' experience in giving advice to corporate entities, investors and financial institutions in relation to inbound and outbound investments. His recent portfolio includes transactions in the real estate, financial services, energy, infrastructure and transport sectors.

According to Chambers and Partners Lambros “devotes his time to the client and instills confidence." He is further praised as a lawyer that "understands the business world and is very commercially minded".

Lambros is highly recommended by The Legal 500 editorial for his practice in tax law, corporate law, mergers and acquisitions and maritime and admiralty.

Languages

Greek and English

Member

Cyprus Bar Association, Limassol Bar Association

Education

LLB (Hons), LLM, Barrister-at-Law


Cyprus

Banking and finance

Within: Banking and finance

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.

[back to top]

Commercial, corporate and M&A

Within: Commercial, corporate and M&A

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.

[back to top]

Tax

Within: Tax

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.

[back to top]


Back to index

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
  • 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: