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The firm: P. N. Kourtellos & Associates LLC is an independent and dynamic law firm, one of the new generations of Cyprus law firms which are breaking ground and rethinking the practice and substance of law. Founded by Dr Pavlos Neofytou Kourtellos and Ioanna Demetriou in 2011, primarily as a multi-service commercial law firm based in Limassol, the firm has rapidly grown in size, encompassing associates in various business areas and expanding its practice to all business and commercial areas of law. It is dedicated to providing its clients with outstanding, highly personalised legal representation. During 2014, the firm became a full member of Pangea Net, an international network of independent law firms founded in 2009, now consisting of 26 members from jurisdictions all over the world. Joining Pangea Net signifies the firm’s commitment to strive to provide outstanding legal services and serve each client’s international needs.

Its lawyers have a sophisticated understanding of business and corporate law and the implications of commercial and business litigation. It provides legal advice, counsel and aggressive litigation services to individuals and corporations. The firm prides itself that it speaks through actions not words and it is highly regarded for its innovative actions in court and precedents achieved in corporate dispute, fraud and breach of privacy cases. Recent years have seen the firm securing precedent-setting victories in the areas of disclosure of information and confidentiality, the tracing of assets, arbitration law and insolvency proceedings. Advising and acting for the state competent supervisory authorities the firm formulates the law and sets court precedents relating to banks’ resolution regime and banking insolvency. The firm also has significant experience in cross-border transactions and in international commercial arbitration working with highly respected international law firms.

Areas of practice: Litigation and arbitration: the firm represents clients in the District Court and the Supreme Court of Cyprus and its lawyers have worked on multinational projects simultaneously involving court litigations and international commercial arbitrations that covered issues of anti-hostile takeover defence, insolvency, asset tracing and serious civil fraud and conspiracy disputes. The firm regularly participates and offers assistance, representation and advice in domestic and international arbitration and mediation for individual and corporate clients at all stages of the arbitration process.

General corporate and commercial: the firm’s corporate practice group works closely with the tax advisors to deliver its clients cost-balanced and tax-efficient corporate solutions. It is engaged in the full range of counselling buy-side and sell-side clients in public and private M&A transactions, including: asset acquisitions, equity purchases and sales, mergers and consolidations, recapitalisations and reorganisations, tender offers, cross-border transactions and joint ventures.

Banking and finance: the firm has handled a significant volume of high-value and high-profile international transactions related to acquisition and project finance, refinancing, real estate financing, syndicated and bilateral lending, acting as Cyprus law counsel for both lenders and borrowers.

Trusts and asset protection: the firm advises on the creation and administration of trusts in Cyprus. In this area, its clients include individuals wishing to set up trusts, beneficiaries and trustees. Its services include advising on the choice of trustees/protectors, the tax position of trusts and the exercise of trust powers and indemnities, review, analysis and development of estate plans for high-net-worth individuals, and the preparation of documents necessary to implement such plans.

Corporate fiduciary services: the firm, through its corporate services arm, Koupercon Fiduciaries Ltd, provides clients with a broad spectrum of corporate services. Its general corporate practice includes advising businesses in all phases of development, from startups to well-established companies. The firm provides advice to new enterprises regarding the advantages and disadvantages of different business forms on all legal aspects of their operation.

  • Other offices
  • Athens
  • Larnaca
  • Nicosia
  • Number of lawyers: 10
  • at this office: 6
  • Languages
  • English
  • Greek
  • Italian
  • Russian
  • Finnish
  • Member
  • International Bar Association
  • Chartered Institute of Arbitrators
  • PANGEA NET (International Network of Independent Law Firms)
  • Society of Trusts & Estates Practitioners (STEP)

Above material supplied by P. N. Kourtellos & Associates LLC.

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