Antis Triantafyllides & Sons LLC > Nicosia, Cyprus > Firm Profile

Antis Triantafyllides & Sons LLC
CAPITAL CENTER, 9TH FLOOR
2-4 ARCH. MAKARIOS III AVENUE
1065 NICOSIA
Cyprus

Cyprus > Banking and finance Tier 1

Antis Triantafyllides & Sons LLC's experienced team handles a wide spectrum of complex and high-value secured and unsecured finance and refinancing transactions. Key areas of focus include project finance and syndicated loans, in addition to subordinated and mezzanine financing. Stelios Triantafyllides heads up the department, which is also well-versed in regulatory, compliance and licensing issues. Triantafyllides has considerable expertise in international secured financing transactions. The team has recently been involved in a substantial number of NPL portfolio sales and participation deals, where it acts for both sellers and buyers. Marios Hadjigavriel and Christiana Vassiliou are among the other key members of the group, which acts for a variety of major international lenders, arrangers and facility agents, as well as borrowers and guarantors. James West primarily focuses on large secured and refinancing transactions that relate to property and infrastructure development in the Russian Federation.

Practice head(s):

Key clients

APS Debt Servicing Cyprus Ltd

AstroBank

Bank of Cyprus Public Company Ltd

Credit Suisse

Deutsche Bank

European Bank for Reconstruction and Development

Goldman Sachs

Hellenic Bank Public Company Ltd

VTB Bank

Work highlights

  • Acted as local legal advisor to Hellenic Bank in relation to the taking over of the operational control in APS Debt Servicing Cyprus Ltd (i.e. the joint venture that was established with the APS Holding group in 2017 for the management of the real estate assets and the servicing of a portfolio of non-performing exposures of Hellenic Bank).

Cyprus > Commercial, corporate and M&A Tier 1

Antis Triantafyllides & Sons LLC acts for domestic and international commercial and investment banks, insurance companies, financial services companies and other companies such as media and entertainment companies. Other clients include companies from the technology, telecoms, food and beverage and pharmaceutical industries. Practice head Stelios Triantafyllides has advised on numerous high-profile Russian M&A deals where there has been a significant Cypriot dimension. It also acts for buyers and sellers from all over the world and is able to cover associated tax and regulatory matters. The group frequently advises on public and private securities offerings, and securities law compliance, as well as local and cross-border M&A. Corporate restructurings are another core area of activity.

Practice head(s):

Other key lawyers:

Testimonials

‘What is unique is the specialisation and technical expertise in various areas of law and in particular financial services regulations, trust law and corporate/commercial law. It also offers a blend of high quality, timely and practical advice.’

‘Mr. Stelios Triantafyllides has proven to be a very valued and respected colleague. He has a unique and in depth knowledge and experience in international corporate and tax law as well as Cyprus trust law and matters pertaining to financial services regulations. His advice has proved beyond reproach and he is always punctual on the agreed time frames.

‘Deep legal knowledge, effectiveness, proactive approach, solution finding approach, commitment, business minded.’

Good insight and knowledge of the corporate and business sectors. Stelios Triantafyllides – excellent knowledge of corporate law, international experience and an innovative thinker.

‘Great client service – always available, focused on commercial and legal aspects, pragmatic legal advice.

‘Prompt reaction to our request for service, efficiency, and broad knowledge at reasonable costs. Wide knowledge of all the legal matters relating to Cyprus. We are impressed with the service provided by Stylianos Triantafyllides’.

Key clients

AECOM

ContourGlobal

Cyprus Chambers of Commerce and Industry

Etalon Group

Hennes & Mauritz

Intel Corporation

NCH Group

Ozon

Renaissance Group

Schlumberger Oil

Swissport International

Work highlights

  • Assisted with drafting all relevant corporate documents and other ancillary documents, giving legal opinions to the Jersey Authorities and preparing and submitting all relevant applications to the Cyprus Authorities for the temporary and permanent re-domiciliation of two Jersey companies.
  • Acted as Cypriot counsel for Ozon Holdings plc, a leading online retailer in Russia, with respect to its initial public offering (the “IPO”) of 33m American depositary shares (the “ADSs”) representing 33m ordinary shares at a price to the public of $30 per ADS on NASDAQ for gross proceeds of $990m. The IPO of $990m is the biggest offering of a Russian company since 2017, the results of which put Ozon’s valuation at about $6.2bn.
  • Advised IVI.RU, whereby various investors (including VTB, Invest AG and Millhouse) acquired at least 25%+1 shares in the client in a combination of cash-in and cash-out. The firm provided general legal advice from a Cyprus law perspective on the relevant agreements (such as a subscription agreement and a sale and purchase agreement), as well as assisted with the review of the articles of association and provided general advice on the structure and mechanism by which the investment took place.

Cyprus > Dispute resolution Tier 1

Antis Triantafyllides & Sons LLC has a stellar reputation across a wide range of disputes. With George Triantafyllides at the helm, the first-rate group represents clients in proceedings before all the national courts and tribunals. In addition, it has expertise in domestic and international arbitration proceedings. The group is vastly experienced in interim order applications, Norwich Pharmacal orders and all other types of disclosure orders, as well as freezing orders. It handles a vast array of cases before the district courts all the way to the Supreme Court of Cyprus. In addition, it regularly advises on claims before other tribunals such as the Employment Tribunal, the Rent Tribunal and the Tenders Review Authority, as well as the Commission for the Protection of Competition. Associate Theodoros Economou is also well-regarded.

Practice head(s):

Other key lawyers:

Testimonials

The decision to cooperate with this firm stems from its ability to deal with complex legal matters reliably and with the utmost high professional standards.

‘I have worked and I am still cooperating with the firm’s senior partner Mr. George Triantafyllides, who is undoubtedly regarded as one of the top lawyers in Cyprus. I would most definitely recommend him for any dispute resolution.’

The services provided by this firm are undoubtedly of the highest professional and ethical standards and whenever requested by any person in need of legal representation or advice to recommend a legal firm, I always feel secure to refer them to Antis Triantafyllides & Sons LLC.

Key clients

Public Joint Stock Company “PrivatBank”

Hellenic Bank Public Company Ltd

Google Inc. and Google LLC

Motor Oil (Hellas) Corinth Refineries S.A.

Hennes & Mauritz AB

Cyprus Securities and Exchange Commission

Martin Coward

S & T Equity (Overseas) Limited

VTB Bank Group of companies

Public Joint Stock Company “Bank Credit DNEPR”

Work highlights

  • Filed an action against a major international accountancy practice for $3bn for breach of statutory, contractual and fiduciary duties and responsibilities primarily in auditing financial statements and negligence.
  • Represented CPI FIM S.A. (formerly ORCO PROPERTY GROUP S.A.) in an application against SURMENA ENTERPRISES COMPANY LIMITED in order to register and enforce in Cyprus a LCIA award issued in favour of its clients for the amount of €36,187,845 plus interest. In the context of the recognition application the firm managed to get a worldwide ex parte freezing injunction against SURMENA ENTERPRISES COMPANY LIMITED up to €62,165,953.30 pending the adjudication of the recognition application and/or the enforcement of the arbitral award in Cyprus.

Cyprus > Tax Tier 2

The highly experienced tax practitioners at Antis Triantafyllides & Sons LLC advise corporates and individuals on a broad cross-section of Cypriot tax issues relating to cross-border and local transactions in a variety of industry sectors. Its client base includes local and international groups of companies, as well as financial and other local and international institutions. The litigation department, which is led by George Triantafyllides, is regularly involved in various high profile tax cases. Stelios Triantafyllides is another key member of the practice.

Key clients

Builder’s Provident Fund

Work highlights

  • Acting for Builder’s Provident Fund in four court appeal cases filed against the Republic of Cyprus in the Supreme Court of Cyprus, on behalf of the Builder’s Provident in Cyprus, in connection with the tax imposed on hundreds of property transactions carried out between 1991 and 2007 involving the Builder’s Provident Fund.

The firm: The law firm of Antis Triantafyllides & Sons LLC was founded in 1955. It is one of the oldest and best established law firms in Cyprus providing high-quality legal services in all areas of law to corporations, institutions, government entities and high-net-worth individuals. Its main practice focuses on domestic and international corporate and banking and finance law, it also boasts one of the strongest litigation teams in the country and a leading tax department. The firm currently employs 72 staff, including 35 lawyers and legal consultants.

Antis Triantafyllides, the founder of the firm, was the Cyprus member of the Court of Arbitration of the International Chamber of Commerce throughout the greater part of his legal career.

The firm offers an optimum service to clients in terms of high-quality transactional work combined with practical advice, demonstrating a depth of knowledge and technical expertise in a number of fields including financial services and regulation, structured finance and debt capital markets, and public and administrative law.

The highly trained team successfully provide a blend of local expertise with an international outlook to provide exact and comprehensive advice to both domestic and international clients.

Areas of practice: Banking and finance: the highly experienced banking and finance team handles secured and unsecured lending, international high-value financing and refinancing transactions, including project financing, syndicated, subordinated and mezzanine financing, and related securities such as share pledges, floating charges and financial collateral. The firm regularly advises on compliance and banking regulatory and licensing requirements, asset preservation and security enforcement and procedures. The highly experienced members of the team bring the wealth of their experience to the department, making it one of the strongest in the country.

Capital markets: the capital markets practice specialises in debt and equity capital markets, derivatives and structured finance, securitisation, corporate trust and agency. The team regularly acts on public offerings for regulated and non-regulated markets internationally and locally, as well as private placements, Eurobond issues, reverse takeovers etc, acting for issuers, underwriters and lenders.

Corporate and company: the corporate department constitutes the cornerstone of the firm’s practice. The experience of the highly reputable and exceptionally specialised team is second to none in Cyprus. The department’s practice covers the formation, acquisition and sale of Cyprus companies, shareholder agreements and corporate governance issues, capital raising transactions, local and cross-border mergers and acquisitions, management buy-outs and earn-outs, corporate management, and redomiciliation of companies in and out of Cyprus.

Financial services and securities regulation: the firm has unprecedented expertise in this area of Cyprus law, and together with years of experience, leads the thinking on regulatory developments in the financial and investment sectors.  It helps and guides clients in lobbying on, planning for, and implementing changes as they occur. The team maintains day-to-day contact with the Cyprus Securities and Exchange Commission and is often engaged in drafting legislative amendments in this area of law. The firm has in-depth and technical knowledge of financial services regulation laws including MiFID, MiFID II, laws regulating funds and investment collective schemes, and advises asset managers, investment banks, investment firms and brokers/agents on fund and manager formation and distribution and regulatory issues.

Litigation, arbitration and mediation: the litigation team is considered one of the best in Cyprus and covers all areas of general and commercial law. The firm offers a wide range of dispute resolution and mediation, representation of clients before all national courts and tribunals as well as domestic and international arbitration under internationally recognised arbitration bodies. The team also specialises, non-exhaustively, in interim order applications, Norwich Pharmacal orders and other types of disclosure orders, as well as freezing orders.

Tax: the tax department has a reputation for developing effective solutions that are both tax-efficient and practical. The firm’s tax practitioners are integrated into transactional teams and advise corporations and individuals on a wide range of Cypriot tax issues arising in the context of international and local transactions, including court disputes.

DepartmentNameEmailTelephone
Banking and finance
Capital markets
Competition
Constitutional, public and administrative
Contract
Corporate and company
Data protection
Employment
Energy
Financial services and securities regulation
Immigration
Insolvency
Intellectual property
Litigation, arbitration and mediation
Mergers and acquisitions, joint ventures and corporate restructuring
Real estate and construction
Tax
Trusts
PhotoNamePositionProfile
Ms Olga Adamidou photo Ms Olga AdamidouAdvocate Olga Adamidou’s focus is on corporate, banking and finance transactions, with…
Mr Marios Hadjigavriel photo Mr Marios HadjigavrielSenior Managing Associate Marios Hadjigavriel has been extensively involved in large scale…
Mr George Loizou photo Mr George LoizouAdvocate George G. Loizou specialises in cases relevant to Corporate Litigation, Banking…
Ms Nataly Partassidou photo Ms Nataly PartassidouAdvocate Nataly Partassidou has specialized experience in Banking Law, Competition law, Labour…
Mr Stelios Triantafyllides photo Mr Stelios TriantafyllidesStelios Triantafyllides has been a partner of the law firm Antis Triantafyllides…
Mr George Triantafyllides photo Mr George TriantafyllidesGeorge Triantafyllides is a partner in Antis Triantafyllides & Sons LLC and…
Ms Christiana Vassiliou photo Ms Christiana VassiliouAdvocate Christiana Vassiliou has worked with domestic and multinational clients including banking…
Mr James West photo Mr James WestAdvocate James West focuses primarily on advising and representing major international financing…
Number of lawyers : 35
English
French
German
Greek
Russian
Managing Partner : George Triantafyllides
Managing Partner : Stelios Triantafyllides