Limassol District Court confirms discretion on service in contempt proceedings
On 15 September 2025, the District Court of Limassol delivered an important ruling on contempt procedure, holding that personal service is not invariably required and that, depending on the circumstances, the Court may order substituted service on a party’s lawyers. Background Facing an application for contempt, the defendants argued that such an application must be …
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Successful Judgment in High-Profile Online Defamation Case
Economou & Co LLC successfully represented a leading electronic money institution in a significant online defamation matter before the Cypriot courts. The Defendant carried out a sustained and coordinated defamatory campaign against our client via an online platform. The Cypriot Court, fully adopting our client’s legal position, issued a final judgment ordering the removal of identified …
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Significant Procedural Ruling: Statement of Claim Set Aside
Our firm represented one of the successful Defendants / Applicant in a major commercial dispute before the Limassol District Court, involving claims exceeding USD 135 million, culminating in a significant ruling with both procedural and substantive implications. In a detailed interlocutory judgment, the Court struck out the entire Statement of Claim, accepting that the pleading …
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Economou & Co LLC Secures EUR 16M Liquidation Order
We are pleased to announce that Economou & Co LLC has successfully represented a leading company in obtaining a liquidation order against its debtor, involving a debt in excess of EUR 16 million. The debt that formed the basis of the liquidation petition was based on an arbitral award issued by the London Court of International Arbitration (LCIA). According with …
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Landmark Judgment in €1 Billion Dispute
The Limassol District Court has issued a Norwich Pharmacal and freezing order in proceedings initiated by a major insolvent bank. The Applicant alleged massive misappropriations through Cypriot and other foreign companies controlled by the Respondent’s corporate group, with losses amounting to approximately €1 billion. Economou & Co LLC acted for the successful Applicant. Key Findings: Enables the applicant to …
Economou & Co LLC: Landmark Nicosia Court Ruling on Jurisdiction and Email Service
On June 28, 2024, the District Court of Nicosia delivered a landmark decision in a multi-million-dollar conspiracy case involving eight individuals and corporations.
Economou Legal welcomes a new Partner!
Economou & Co LLC is delighted to welcome Dr Michalis Zivanaris as a new partner.
EUR 2 Billion Liquidation Victory by Economou & Co LLC
We are pleased to announce that our team successfully represented a prominent financial institution in obtaining a liquidation order against its debtor, involving a debt exceeding EUR 2 billion.
Economou & Co Facilitates AFP Adidas Padel – Padeland Partnership
Economou & Co LLC is proud to announce its significant role in securing exclusive distribution rights on behalf of its client, Padeland by Etheras Group of Companies, with Adidas Padel.
Economou & Co LLC Appointed to Lead Investigation on USD 250 Million Cross-Jurisdictional Investigation
Economou & Co LLC is pleased to announce its appointment by a leading financial institution to lead a comprehensive investigation into a matter involving alleged wrongdoing, with an estimated value exceeding USD 250 million.