The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
1 ARCH. KYPRIANOU & AYIOU ANDREOU CORNER, LOUCAIDES BUILDING, 6TH FLOOR, 3036 LIMASSOL, CYPRUS
Tel:
Work +357 25 37 01 01
Email:
Web:
www.erotocritou.com

The firm

A.G. Erotocritou LLC is a dynamic law firm advising on non-contentious, advisory and litigation matters. The firm is one of the new generations of Cyprus law firms striving to reformulate the ‘traditional role’ of a law firm. A.G. Erotocritou has adopted a new model for the delivery of legal services with a flexibility to meet clients’ needs, exceed their expectations and provide tailor-made personalised solutions. All team members are highly motivated and enthusiastic individuals, with UK or US graduates making up the majority of the team having had prior experience in the largest firms in Cyprus/UK.

The firm has been ranked and praised by the leading international legal directories such as The Legal 500, IFLR, Whoswholegal, Client Choice/International Law Office as a leading firm in Cyprus distinguished for ‘its excellent quality of service, deep industry understanding’ and has been regarded as ‘an exception in the Cyprus market where everyone does everything’.

Areas of practice: A.G. Erotocritou specialises in international litigation (with an emphasis on commercial cross-border disputes) and arbitration, corporate and M&A, banking and finance, shipping, real estate, data protection and private client, and is highly regarded as one of the fastest-growing specialised firms in Cyprus.

Clientele: the firm is proud to count some of the largest international law firms and banking institutions, high-net-worth individuals and various notable conglomerates around the world as clients. On a domestic level, the firm also advises and regularly represents various banking institutions and corporations, public authorities as well as prominent non-profitable associations.

Business growth: the firm’s business has expanded significantly, both in terms of volume as well as the quality and magnitude of cases and transactions handled. This is not only a testament to the calibre of the firm’s services but also highlights the trust clients place in the team and the overall high quality of work.

Recruitment: since the promotion of new talent is actively encouraged, the firm is always on the lookout for valuable additions to its team. The latest hires are three new enthusiastic lawyers in the dispute resolution and commercial/corporate departments.

Areas of practice

Arbitration and litigation: constantly ranked by leading international directories, the firm’s litigation team has particular expertise in handling high-value, complex cross-border disputes, injunctions and other interim measures, and regularly represents multinational corporations, financial and banking institutions and individuals in a wide range of cross-border commercial and corporate litigation. A.G. Erotocritou LLC is equally active in international and domestic arbitration.

Banking and finance: the firm has considerable expertise in banking and finance and often acts on behalf of lenders and borrowers in financing transactions. Members of the firm have also been engaged in large-scale projects involving multinational organisations, investment and retail banks.

Corporate/M&A: A.G Erotocritou provides comprehensive and specialised legal advice on all aspects of domestic and international business. The firm is proud to count some of the largest multinational organisations and financial institutions as clients.

Private client: the firm is particularly well known for offering high-quality ‘private client’ professional services on a broad range of matters. The firm has advised a plethora of high-net-worth individuals in relation to their investment in Cyprus in real estate and financial assets and has facilitated a substantial number of successful citizenship applications for naturalisation ‘by investment’.

Shipping, admiralty and marine insurance: the firm has a dynamic shipping practice, prvoviding prompt and efficient legal advice and services to a wide spectrum of the shipping industry. The firm’s clientele includes banks, financial institutions, ship owners/managers, charterers and insurers (including P&I clubs). The litigation team has extensive experience in representing ship owners, importers, charter parties and insurance companies in litigation disputes.

LanguagesChinese
English
French
Greek
Russian
Ukrainian

Other offices Athens

MemberChartered Institute of Arbitrators MCiArb
Cyprus Bar Association
European Employment Lawyers Association
International Association of Young Lawyers
International Bar Association
International Lawyers Association (AEA)
Commercial Litigation Association
ILO
Youngship
ShipArrested

Number of lawyers 12

at this office 10

Above material supplied by A.G Erotocritou LLC.

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.