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CHRYSANTHOU MYLONA 10, MAGNUM HOUSE, 3030 LIMASSOL, CYPRUS
Tel:
Work +357 25 02 84 60
Fax:
Fax +357 25 02 84 61
Email:
Web:
www.pittaslegal.com
Soteris Pittas & Co L.L.C, Soteris Pittas, Limassol, CYPRUS

Lawyer rankings

Soteris Pittas

Tel:
Work +357 25 028460
Email:
Soteris Pittas & Co L.L.C

Work Department

Managing Director of Soteris Pittas & CO LLC.

Position

Areas of expertise: corporate and commercial litigation, domestic and international arbitration, cross-borders disputes and international fraud cases, international trade law, trusts and equity banking and finance, Company, Corporate and Commercial Law, stock exchange, capital markets, mergers and acquisitions, criminal litigation, white collar crimes, extradition of fugitives, admiralty and shipping.

Career

Corporate litigation partner, Patrikios Pavlou & Co, Limassol 2002-09; corporate litigation partner, Andreas Neocleous & Co, Limassol 1994-2002; associate advocate, Andreas Neocleous & Co, Limassol 1988-1994.

Languages

English, Greek.

Member

Chartered Institute of Arbitrators of United Kingdom; Association of Fellows and Scholars of the Center for International Legal Studies of Austria; International Bar Association; Cyprus Bar Association; The Association of Banking and Commercial Law Firms.

Education

Athens University (1984, Law); London School of Economics (1988, LLM in Commercial and Corporate Law).

Leisure

Soccer, chess, reading.


Cyprus

Dispute resolution

Within: Leading individuals

Soteris Pittas - Soteris Pittas & Co L.L.C

Within: Dispute resolution

Soteris Pittas & Co L.L.C does ‘a lot of heavyweight multi-jurisdictional litigation’. Soteris Pittasis ‘a master tactician’ – ‘not only does he know the law and practice really well but he also knows his way around the Cyprus courts and stays on top of every detail’. Other members of the ‘solution-driven’ team include the ‘very effective’ legal consultant Elizaveta Bokova and associate Nada Starovlah. ‘The rhythm of work at the firm resembles the work of a law firm in London’.

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Tax

Within: Tax

Soteris Pittas at Soteris Pittas & Co L.L.C is a ‘very experienced’ tax lawyer.

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Legal Developments by:
Soteris Pittas & Co L.L.C

  • 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.
    - Soteris Pittas & Co L.L.C

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: