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Legal Developments - Law Firm Thought Leadership by Soteris Pittas & Co L.L.C

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Lis Alibi Pendens Under The Council Regulation (ec) No 44/2001 On Jurisdictionand The Recognition An

Soteris Pittas & Co L.L.C | April 21, 2017

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 …

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Cyprus

Soteris Pittas & Co L.L.C | December 6, 2016

Cyprus: Arbitration – Anti-suit Injunction Issued By Arbitrators

Soteris Pittas & Co L.L.C | December 6, 2016

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 …

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Cyprus: Worldwide freezing orders

Soteris Pittas & Co L.L.C | December 6, 2016

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:

Duty To Disclose At Ex Parte Hearings Extends Also To Relevant Law And Applicable Legal Principles

Soteris Pittas & Co L.L.C | December 6, 2016

In a recent decision of the Cypriot Court of Appeal in COMMERZBANK –V- ADEONA, it has been inter alia held that the duty of an applicant to disclose at an ex parte hearing of an application, extends to the relevant law and applicable legal principles to the case.

The Duty Of Disclosure At An Ex Parte Hearing Extends Also To Without Prejudice Correspondence

Soteris Pittas & Co L.L.C | December 6, 2016

In a recent decision of the Cypriot Court of Appeal in COMMERZBANK –V- ADEONA, it has been inter alia held that the duty of disclosure of an applicant to an ex parte application, extends also to the without prejudice correspondence of the relevant parties.

CYPRUS: English Court Guidance on Anti-suit Injunctions

Soteris Pittas & Co L.L.C | November 3, 2016

In a recent decision of the English Commercial Court in ESSAR SHIPPING LTD –v- BANK OF CHINA LTD (2015) it has been held that an applicant to an anti-suit injunction shall act promptly and not sleep on his rights.

Cyprus : Warrant Of Search Issued Against A Lawyer Cancelled Due To Violation Of Legal Professional

Soteris Pittas & Co L.L.C | November 3, 2016

In the recent case RE: ANTONAKIS ANDREOU & CO LLC, a Supreme Court Judge, in Certiorari proceedings, cancelled a warrant issued against a lawyer and his law firm, for the search of the lawyer’s premises, on the ground that the law firm withheld certain important documents, relating to the alleged commission of serious crimes, by …

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Cyprus: jurisdiction of Cyprus courts to recognise and enforce foreign judgments and foreign arbitra

Soteris Pittas & Co L.L.C | November 3, 2016

In a recent decision of the District Court of Nicosia, it has been held that Cyprus Courts have jurisdiction to adjudicate on applications for enforcement of foreign judgments and foreign arbitral Awards, even if both the judgment creditor and judgment debtor reside outside Cyprus.

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