The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
3 MARATHONOS STREET, MALI HOUSE, 8102 PAPHOS, CYPRUS
Tel:
Work +357 26 81 18 44
Fax:
Fax +357 26 81 18 40
Email:
Web:
www.loucaides-theophanous.com/firm-profile_new/

Mariella Theophanous, partner

Partner Mariella Theophanous explains how L. Loucaides-Theophanous LLC is adapting to clients' changing needs.

What do you see as the main points that differentiate L.LOUCAIDES-THEOPHANOUS LLC from your competitors?

What sets us apart is the highest quality of legal work and commercial services which has earned the respect and confidence of all of our clients. Our law firm is comprised of leading practitioners who provide a direct focus on the client for an expert advice.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

The immigration law practice is definitely growing for at least a few more years due to the attractive immigration schemes for acquiring Cyprus citizenship or Permanent Residence in Cyprus.

What's the main change you've made in the firm that will benefit clients?

Our law firm is concerned with how our business is organized to be able to be as productive as possible and hence provide the best possible service to our clients. We have therefore reorganized the whole law firm and changed our practices to provide an even better service to our clients.

Is technology changing the way you interact with your clients, and the services you can provide them?

Yes, the majority of the changes that our law firm has undergone include technological updates.

Can you give us a practical example of how you have helped a client to add value to their business?

We focus on our clients’ needs and we have a complete understanding of their business; we then advice our clients accordingly to assist them achieve their business goals and of course add value to their business.

Are clients looking for stability and strategic direction from their law firms - where do you see the firm in three year's time?

Clients need more than just a legal advice. They are looking for people who can trust and for people who can understand their business strategies and support their vision.

As a law firm we are committed to continuous improvement and in combination with our knowledge and professionalism we will definitely remain in the list of the top law firms in Cyprus for the years to come.

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: