The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
THE CITY HOUSE, 17-19 THEMISTOCLI DERVI STREET, NICOSIA 1066, CYPRUS
Tel:
Work +357 22 02 29 99
Fax:
Fax +357 22 02 29 00
Email:
Web:
www.idlaw.com.cy

Pambos Ioannides

Tel:
Work +357 22022999
Email:
Web:
www.idlaw.com.cy/index.php
Ioannides Demetriou LLC

Work Department

Head of Corporate

Position

Co-founder - Managing Director

Career

Pambos is a co-founding Partner/Managing Director of Ioannides Demetriou LLC. He has wide experience in all fields of commercial law, offering services to major corporate clients, local and international. He acts as legal advisor to semi-governmental organisations, banks, the Cyprus Stock Exchange, large construction and development/engineering companies, insurance companies, hoteliers and tourism companies, shipping, oil, estate, general trading companies and a plethora of other business concerns, both foreign and domestic.

He acts as leading counsel in major local and international commercial transactions, as well as in major court and arbitration cases. Pambos also acts as an arbitrator in international and local arbitrations. Furthermore, he advises international corporations and investors in utilising Cyprus corporate vehicles and investment opportunities.

As a Courtroom litigator Pambos has litigated some of the most legally demanding and factually complex corporate litigation disputes ever heard before the Cypriot Courts. He is adept at managing teams of lawyers handling complicated cases that involve tens of witnesses and hundreds of exhibits. He is highly experienced in the law surrounding interim proceedings and specialised applications of Certiorari before the Supreme Court.

Pambos' expertise furthermore includes the drafting of a wide range of documents, e.g. statutory instruments pertaining to the structuring, administration and operation of semi-governmental organisations, including the Cyprus Stock Exchange, the Agricultural Payments Organisation, the Cyprus Ports Authority, the Scientific and Technical Chamber and the Central Bank of Cyprus; contract documentation in international transactions; tender and contract documents and studies for major infrastructure projects, including, inter alia, the ports and airports of Cyprus, tourism and development projects, shopping centres, highways, stock exchange; mergers and takeovers of banking institutions, insurance, tourism and other business concerns; joint venture of local and international corporations; syndicated loans and other banking/ financing/securities documentation; listings on the Cyprus Stock Exchange and finally corporate organisation documentation.

Pambos is a member of the board of directors of public and private companies. He is also the author of a variety of publications on Cyprus corporate and business laws, such as "Cyprus Corporate and Trust Law", "Partnership Law of Cyprus", "Directors Liabilities in respect of Prospectus", "Cyprus Enterprises" and has given many lectures in seminars in Cyprus and abroad on public law subjects, corporate and business law. He is also an examiner for the Association Chartered Certified Accountants (Corporate and Business Law).

Languages

English, Greek

Member

Cyprus Bar Association

Education

National and Kapodistrian University of Athens, Law Faculty 

University College London (LL.M)


Cyprus

Banking and finance

Within: Banking and finance

The ‘excellent’ team at Ioannides Demetriou LLC is well-equipped to handle complex banking mandates and syndicated financings for clients such as Commerzbank and Mercuria Energy Group. Pambos Ioannides and Christina Ioannidou are recommended.

[back to top]

Commercial, corporate and M&A

Within: Leading individuals

Pambos Ioannides - Ioannides Demetriou LLC

Within: Commercial, corporate and M&A

Ioannides Demetriou LLC acts as legal advisers to the Electricity Authority of Cyprus and has been advising Eurobank Cyprus on a wide range of corporate and commercial matters. Hermes Airports is another major client. Pambos Ioannides has ‘such vast experience that it usually means that he can answer even the most complex question quickly’; the ‘thorough’ Christina Ioannidou  ‘exceeds expectations’ and the ‘hardworking’ Katerina Hadjichristofi has 'a deep understanding of complex legal and financial issues’. Andrew Demetriou and Zoe Christou are other key names.

[back to top]

Dispute resolution

Within: Leading individuals

Pambos Ioannides - Ioannides Demetriou LLC

Within: Dispute resolution

Ioannides Demetriou LLC  ‘hand picks high-quality lawyers’ and as a result is ‘able to provide a better quality service even on the high-level, voluminous and complex matters’. It is representing Paphos Sewerage Board in a dispute over the construction of the Paphos sewerage system. Andrew Demetriou is 'a very astute lawyer’; Pambos Ioannides ‘performs exceptionally well in the courtroom’; and Christos Frakalas is 'very efficient’.

[back to top]

EU and competition

Within: EU and competition

The team at Ioannides Demetriou LLC is headed by Pambos Ioannides, Andrew Demetriou and Christina Ioannidou, who ‘clearly stand out as being capable of handling the most complicated competition cases’. Highlights included representing Cyprus Trading Corporation before the Cyprus Commission for the Protection of Competition in relation to the proposed merger of one of its group companies with another entity. Hermes Airports is also a client.

[back to top]

Real estate and construction

Within: Real estate and construction

Ioannides Demetriou LLC has 'a very professional team that has an excellent reputation’. Andrew Demetriou is ‘extremely competent’ and Pambos Ioannides is ‘highly efficient’. The department advises Hermes Airports on various property matters.

[back to top]


Back to index

Legal Developments in Cyprus

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Cyprus Implements ATAD

    In light of EU Anti-Tax Avoidance Directive (ATAD), the Cyprus House of Representatives on April 5, 2019 voted into law (applicable from January 1, 2019) the partial implementation of legally-anti-abusive measures. These measures include the ‘interest limitation’ rule, the ‘general anti-abuse’ rule, and the ‘controlled foreign companies’ rule. The rest two measures stipulated by the EU ATAD (exit taxes and rules to tackle hybrid mismatches) are expected to be implemented in Cyprus by 2020.
  • Pre-1995 Leases in Malta

    Recently, the Maltese courts may have possibly brought about the beginning of the end of a legal and social question concerning landowners who were, and still are, subjected to pre-1995 rent laws. The judgement given in  Anthony Debono et v. Avukat Generali et. , may prove to be a milestone in Maltese rent laws.
  • IS SILENCE GOLDEN? The added value of emergency media response plans

    In the words of  WARREN BUFFET:
  • Why Cyprus for Maritime?

    Recognizing the political, economic and social importance of shipping, as from 1963, Cyprus managed to develop the country into a fully-fledged shipping centre combining both a sovereign flag and a resident shipping industry, which is renowned for its high-quality services and standards of safety.
  • Changes to UK capital gains tax

    Since April 2019, the new rules regarding capital gains tax have been implemented in UK. The intention of the implementation of new rules is to remove the advantage of non- UK residents who did not pay tax over the gains from the disposal of all their property in UK.
  • Increase of Property Rents in Cyprus: Permissible and Non-Permissible Limits

    It has been many times that my clients have expressed the question as to when and how the rental amounts increase.  This question is voiced by both Landlords and Tenants of real estate.
  • Shipping at the spotlight of terrorism

    Is terrorism the new norm for shipping?
  • Adidas three stripe Trademark Revocation

    In a judgment of the General Court of the European Union of the 19th June 2019, Adidas saw their hopes of extending their three stripes trademark dashed, as the court ruled that there was no distinctiveness in the three stripes trademark. Furthermore, the court held that the Adidas had failed to prove that the mark had acquired distinctive character through use throughout the member states of the EU.
  • David against Goliath – Libra vs Central Banks: Who will win?

    Working in the crypto and DLT space is like being on an emotional rollercoaster with feelings which range from curiosity, excitement, euphoria, revelation, shock, disappointment, hope, wonder and determination – did I miss any?
  • UK Telecoms company fined £100K over unsolicited marketing messages

    The Information Commissioner’s Office (‘ICO’) which is the UK’s data protection supervisory authority, recently issued a fine of £100,000 to EE Limited, a telecoms company operating in the UK. The fine was issued in response to EE Limited having sent two and a half million unsolicited direct marketing messages to its customers, back in early 2018. The direct marketing messages were sent without EE Limited having first obtained the required consent to send them to its clients.