Chrysostomides Advocates & Legal Consultants > Nicosia, Cyprus > Firm Profile
Chrysostomides Advocates & Legal Consultants Offices
1 LAMPOUSAS STREET
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Chrysostomides Advocates & Legal Consultants > The Legal 500 Rankings
Cyprus > Banking and finance Tier 1Spearheaded by Chryso Pitsilli-Dekatris the excellent team at Chrysostomides Advocates & Legal Consultants regularly works as local counsel for international banking institutions on multi-jurisdictional financing transactions; it is skilled at handling syndicated project financings and refinancings and has been increasingly working on the financing aspects of energy projects, particularly renewable energy projects, and in the fintech sector. The group is adept too at advising credit institutions on regulatory and compliance matters, as well as on various contentious issues. Anna Rossides has advised major international banks, as well as syndicates of banks, on a number of multi-million financing transactions. Pavlos Symeonides has considerable experience in all aspects of banking and secured financing.
Other key lawyers:
Pavlos Symeonides; Anna Rossides
‘The service of the team is extremely high, requests are fulfilled quickly and accurately’.
‘They understand complex matters that require great attention, and they also pay attention to detail. Deadlines are always met, there are no delays, and the administration is accurate’.
‘Very responsive and proactive in chasing up. Good value and pragmatic on deals’.
‘Pavlos Symeonides leads his team with class and authority’.
Banque Internationale à Luxembourg S.A
Endo International PLC
United Medical Group CY PLC
Natixis, Singapore Branch
Societe Generale Bank – Cyprus Limited
Credit Suisse (Switzerland) Ltd
First Abu Dhabi Bank P.J.S.C. (Singapore Branch)
ABN AMRO Bank N.V
J&T Banka, a.s.
Banque Cantonale de Geneve
Astrobank Public Company Limited
Barclays Bank PLC
Banque Internationale à Luxembourg (Suisse) SA
- Engaged to act as Cypriot counsel to United Medical Group CY PLC in relation to the initial public offering of up to 40m GDRs, by selling shareholders, valued at $500m.
- Represented and advised Endo International PLC on Cyprus law matters in the context of a multi-billion dollar internal reorganisation.
- Advised a number of major multinational banks on separate occasions concerning the financing of Gunvor, a global commodity trading group of companies. The values of these transactions ranged between several hundred million to over $ 1bn.
Other key lawyers:
Anna Rossides; Pavlos Symeonides; Artemis Amalia Metaxa
‘The firm has a great synergy between departments so that if any cross over input is required they are able to provide this service with seamless efficiency. They are also masterful at liaising/working with foreign law firms to obtain input for non -contentious and contentious matters’.
‘Individuals are experts in their field who are able to provide their advice in a clear/concise and understandable manner. They are also outcome focused and so look at finding resolutions to any issues which may arise’.
‘Artemis Amalia Metaxa – senior associate; excellent oversight capabilities, flawless coordination of her team, overall very present and hands-on. Does not shy away from getting involved with even the most minute details of the assistance provided’.
‘The service is extremely high quality, accurate and fast. Colleagues work reliably, precisely and accurately. Deadlines are kept. Communication has a high degree, attention is paid to feedback’.
‘Pavlos Symonides cares in a special high professional way for all legal matters and always in finding a proper solution, never losing the view for appropriate and reasonable fees’.
‘The response was quick and on-time regardless of our short time notice and the advices were very reasonable. We mainly worked with Artemis Amalia Metaxa, a senior associate of the firm. Her responses were quick and to the point. She has a broad knowledge regarding corporate matters’.
‘I have worked with the corporate team on a number of international / cross border M&A transactions. The team is very responsive and used to working alongside multi-jurisdictional teams of lawyers to deliver complex cross border transactions’.
Artemis Amalia Metaxa is excellent. Very responsive with significant experience of working on large international corporate transactions. Our go to corporate lawyer in Cyprus. Mr. Pavlos Symeonides always gives prompt attendance to the matters. He is very clear and has a high integrity’.
Societe Generale Bank – Cyprus Limited
Estée Lauder Companies Inc.,
Venus Minerals (Cyprus) Limited
Granit Polus Group
- Engaged to act as Cypriot counsel to United Medical Group CY PLC in relation to the initial public offering of up to 40 million GDRs, by selling shareholders, valued at $500m.
- Advised Tech Mahindra London Ltd (Indian multinational information technology services and consulting company) on the acquisition of 100% of Com Tec Co IT Ltd, as well as a minority subscription in SWFT Technologies Ltd, valued at eur310m and 20m, respectively.
- Advised CRIF S.p.A., a Fintech 100 company, on a EUR multi-million two-tier due diligence and acquisition transaction.
Cyprus > Dispute resolution Tier 1Chrysostomides Advocates & Legal Consultants ‘is one of the leading and most established firms in Cyprus’. The ‘very personable’ team is led by ‘excellent strategist‘ George Mountis ; it has extensive experience before the local courts and in various arbitration courts and tribunals and has the capacity to handle complex and high-value cases across a range of areas and industries. As well as having considerable expertise in commercial and corporate litigation, the group also handles many other areas such as constitutional and administrative law and EU law and is also renowned for its work on complicated litigation in the games and tech industry. Other recommended members of the practice include Victoria-Zoi Papagiannis and Dimitris Papapolyviou .
Other key lawyers:
Victoria-Zoi Papagiannis; Dimitris Papapolyviou; Georgia Georgiou
‘It has become obvious that our attorney, Mrs Georgia Georgiou, cares about our case and about us. She does not view us merely as clients, but as people, and she has made it clear that she will fight for the best possible outcome for us. The team that works with us is very professional, punctual and kind’.
’I have worked with Dimitris Papapolyviou, and have found him analytically very sound, and very practical and sensible in his approach’.
‘Strongly recommend Victoria-Zoi Papagiannis and Dimitris Papapolyviou who are excellent to work with and highly supportive of me as expert witness’.
‘They have strong commercial awareness and all -around expertise at all levels of seniority. They have excellent experience in representing clients in both domestic and diverse international fora (CJEU, Strasbourg, arbitration tribunals)’.
‘Mrs Victoria Papagiannis is extremely capable combining legal expertise, good judgment, and efficiency’.
‘George Mountis has excellent strategic thinking and is very creative when it comes to complex claims. Victoria Papagianni is very diligent, competent and clear in her advice. Demetris Papapolyviou is also very reliable’.
‘George Mountis -highly experienced, skilled diverse, ability to add multiple issues to the discussion table to enable opportunities to make trade-offs and concessions based on differing interests keeps lines of communications open, ensure that the business maintains its legal risks at its chosen risk appetite’.
‘Chrysostomides Advocates & Legal Consultants is very well known for its excellent multijurisdictional work and how to untangle complex cases. At the same time, they are laser focused but remain very helpful and attentive at all times’.
Wargaming Group Limited
G.Paraskevaides (1966) Ltd
Avena Nordic Grain
Amstel Exploitatie BV, Netherlands
Altamira Asset Management (Cyprus) Ltd
Hellenic Petroleum Group
Societe Generale Bank – Cyprus Ltd
Housing Finance Corporation
Deloitte Central Europe Ltd
- Filed a large-scale and complex action before the Nicosia District Court against the ‘bail-in’ measures imposed in the Republic of Cyprus back in 2013, against the Republic of Cyprus itself and the main national authorities or players involved. It represents a total of 284 plaintiffs (all shareholders of the Bank of Cyprus Public Co. Limited) in a claim valued at approximately EUR 1bn.
- Represents one of the main defendants – a leading figure in the renewable energy market in Greece – in a multijurisdictional EUR360m fraud claim brought by an established group of companies against 79 natural and legal persons.
- Representing Amstel Exploitatie BV in a complex multi-jurisdictional EUR 100m fraud case.
Cyprus > Employment Tier 1The dynamic team at Chrysostomides Advocates & Legal Consultants has a proven track record of acting for high-level individuals, groups of employees and senior executives on complex and high-profile matters. It also advises a wide range of private and public employers including multinational companies and SMEs. Co-led by George Mountis and Alexandros Taliadoros , the skilled team advises on the full spectrum of employment, compensation and benefits issues, and regularly advises on the termination of employment, employee share option schemes and disciplinary and grievance procedures. In addition, the group frequently advises on compliance with all aspects of anti-discrimination legislation, as well as data protection issues, and supports on the employment aspects of a company restructuring. At associate level, Alexandros Efstathiou is well-regarded.
George Mountis; Alexandros Taliadoros
Other key lawyers:
‘A great team providing a variety of services. Fast and accurate responsiveness’.
‘The biggest strength the firm has is its responsiveness and its extensive immigration knowledge. Any advice is always given in a timely manner and the information shared is always very comprehensive’.
‘I have only worked with Alexandros Efstathiou who is a senior associate with the firm. Alexandros is professional and very responsive. He will go above and beyond to get the answers for you’.
Knauf Cyprus Limited
Xm (Trading Point of Financial Instruments Ltd)
Gezairi Transport Ltd
- Acting as the main legal advisors to Murex for all contentious and non-contentious employment law matters. It recently advised on the relocation of the bulk of the staff from the regional headquarters in Beirut (Lebanon) to the new headquarters for the Middle East – North Africa region in Nicosia (Cyprus).
- Advises XM (one of the biggest Forex companies worldwide) on all the aspects of employment law including Human Resources issues, on equality and diversity issues, disciplinary and grievance procedures, data protection issues, employment aspects of company restructuring, redundancy and provident and pension funds issues.
- Advising Wolt Market on all aspects of employment law, including HR issues, appointment processes and immigration matters concerning third country nationals.
Cyprus > EU and competition Tier 1George Mountis, Anna Rossides and Victoria-Zoi Papagiannis co-head the specialised EU and competition law offering at Chrysostomides Advocates & Legal Consultants. Clients include national government departments, European Commission Directorates, multinational companies from a wide range of sectors, leading international law firms and their clients, as well as domestic businesses. The group has considerable experience in advising on European business grant schemes, as well as other matters such as the submission of proposals relating to research and innovation. It regularly advises significant international investment institutions on the provision of investment services in accordance with applicable laws. Another core area of focus is advising on competition disputes and competition matters that arise in many corporate and commercial transactions. At associate level, Alexandros Efstathiou plays a key role in the department.
George Mountis; Victoria-Zoi Papagiannis; Anna Rossides
Other key lawyers:
‘High skilled lawyers in competition law’.
‘Anna Rossides is an excellent professional with a busines oriented mindset’.
‘It is one of the leading and most established firms in Cyprus with enormous experience in litigation and very strong commercial law and public law profile. They are very responsive, diligent and able to work under extreme pressure; highly experienced in conducting complex litigation’.
‘They have strong commercial awareness and all-round expertise at all levels of seniority. The have excellent experience in representing clients in both domestic and diverse international fora (CJEU, Strasbourg, arbitration tribunals). It is one of the two ‘go to’ firms in Cyprus’.
‘Mrs Victoria-Zoi Papagiannis is extremely capable combining legal expertise, good judgment and efficiency’.
‘The team is proactive and prompt in their communication. They work in partnership with their clients and help navigate complex issues. They were helpful in navigating and guiding through the obtaining of approval from the CPC’.
Wargaming Group Limited
The North of England Protecting and Indemnity Association Ltd
The Standard Club Ltd
Compagnie de Saint-Gobain SA
Wolt Cyprus Ltd
- Brought two EUR multi-million claims (totalling EUR500m) before the Court of Justice of the European Union on behalf of both natural and legal persons for damages suffered thereby as a result of the imposition, on the Republic of Cyprus, of the 2013 “bail-in” measures by the European Union Institutions.
- Represented Daimler AG (Mercedes-Benz Group AG) in an anti-trust investigation of the national competition authority against the company and its Cyprus distributor, in relation to foreclosure in the market for spare parts.
- Successful in obtaining the issuing of a pan-European interim injunction in a case of infringement of European Trade Marks (EUTMs) for the first time by a court in the Republic of Cyprus, prohibiting a competitor of its client, Wargaming Group Limited, from using anywhere within the European Union, in relation to the specific products covered by its clients’ EUTM registrations, signs that are identical with and/or confusingly similar to their EUTMs.
Eleni Chrysostomides; Alexandros Georgiades
‘Their academic level is of the highest degree, they respond within the same day and have successfully handled many court cases’.
‘Their very distinguished lawyers act with great flexibility and adaptability making the collaboration with them smooth and easy. They have proven very adaptable and flexible with different billing requirements and adjustments’.
‘Mrs. Eleni Chrysostomides is a very experienced lawyer of the highest level. Alexandros Georgiades is a valuable partner and lawyer’.
‘They are characterised by their high intelligence, honesty and integrity. They are able to provide advice and simple solutions to difficult cases, avoiding unnecessary expense and litigation. Their level of English is that of a native speaker’.
‘Client friendly, full of experts in their field and prepared to go the extra mile for you’.
‘Eleni Chrysostomides is stand out and always able to help clients in a friendly efficient manner’.
- Successfully defended the trade mark rights of a very well known brand.
- Acting on behalf of a global clothing brand and owner of a famous trademark and a logo, in filing an opposition against the registration of a third party.
- Upon its client’s instructions, it filed an opposition to the registration of a significant word in the name of a Cypriot company. A co-existence agreement was eventually reached.
Cyprus > Tax Tier 1The tax practice at Chrysostomides Advocates & Legal Consultants is thriving with the continued addition of some new leading international corporate clients. Under the leadership of George Ioannou , the group is able to assist clients with the structuring and implementation of corporate and personal wealth structures that are built around the Cyprus tax regime. Its varied workload includes advising on transfer pricing, property and personal tax, as well as employment taxes and a myriad of other taxes spanning VAT, customs duties and withholding taxes in cross-border transactions. Additionally, the group provides tax advice to financial institutions in their capacities as trustees, executors, custodians and investment managers. The practice has a long-standing referral arrangement for tax matters with several major international law firms.
Other key lawyers:
‘We have worked with Chrysostomides Advocates & Legal Consultants on many projects for clients operating in different business industries. Their tax team is very responsive, ready to take the most complex challenges and dig into specifics of clients’ business in order to provide extra value’.
‘Mr. George Ioannou has unparalleled knowledge of the local market, tax specifics as well as trends of international taxation. He is one of those tax lawyers who can simultaneously see the big picture and remain highly attentive to the smallest details of projects’.
‘Konstantinos Taramountas and George Ioannou. Clear responses, concise and useful’.
Marsh & McLennan Companies
Citrix Systems, Inc
- Provided corporate tax advice to Chinese multinational technology and entertainment conglomerate Tencent on its acquisition of a 100% share capital in FM Games Holding Limited through Miniclip, which manages a growing portfolio of games across all major mobile platforms.
- Advised Fedex on various tax issues in Cyprus, including domestic tax reporting and compliance obligations under income tax and social insurance contributions arising from the client’s Stock Incentive Plan.
- Advising Microsoft Corporation on Cyprus tax matters in relation to tax updates to its employee stock purchase plan.
Chrysostomides Advocates & Legal Consultants > Firm Profile
The firm:As a trusted partner, our firm supports clients in navigating the ever-changing legal landscape and helps them explore, keep pace with and benefit from the wealth of opportunities offered by emerging economies, the global movement of people and capital, new technologies and knowledge.
From offices in Nicosia and Limassol, our team of more than 80 legal professionals and operations services members assists clients from all around the world, helping them grow their businesses, protect their assets and settle disputes.
For our team of legal experts, reaching a successful solution is not just a matter of knowledge of the law and technical capability; it is also about knowing our clients’ businesses and understanding what drives their industries and markets. Our firm’s integrated, specialised departments provide a comprehensive approach to any multi-faceted deal or dispute. Our intellectual capital is enhanced by technology and digital transformation, as we embrace automation to streamline tasks and procedures, enabling us to provide legal services in a more efficient and cost-effective manner.
The core values that our firm was founded on are the driving forces behind how we operate today and form the heart of our firm’s culture and philosophy. Our people-centric focus is reflected both inherently within the firm itself and in our commitment to our clients. We strive to create a positive and inclusive working environment that allows all our members to succeed, whatever their background. We are proud of our proactive, creative and diverse team; a team that is passionate about delivering excellent services to our clients and feels privileged to do so.
Global reach: The ever-changing legal landscape requires in-depth understanding of local economies and businesses, laws, regulations, governments, cultures and trends. Our firm’s exclusive Cyprus membership to leading international law firm and service provider networks Lex Mundi and World Services Croup (‘WSG’) respectively, as well as our close and longstanding cooperation with several international law firms, avail our clients of seamless cross-border solutions and provide our firm with an international outreach. Lex Mundi provides our clients with preferred access to more than 21,000 lawyers around the world, all from a single point of contact. The WSG network offers worldwide integrated legal, investment banking and accounting services.
Through the firm’s global connectivity, our clients can draw on local expertise and Insight from across the globe, which will help them navigate the business and legal environment of their Industry sector.
Impact: We are committed to having a positive impact on society and the environment, in the same way that we are committed to providing excellent legal services. Sustainability is a key driver that shapes our firm’s objectives.
Our members are encouraged to undertake pro bono work, particularly in relation to projects and matters that support the public interest. We aim to facilitate access to legal advice and to make our knowledge and expertise available to those organisations and individuals that lack the resources to obtain them. In the process and in return, our lawyers receive invaluable experience and personal fulfilment for having contributed to a positively impactful project.
Our firm’s membership to Lex Mundi means we are affiliated to the Lex Mundi Pro Bono Foundation, created to support and empower those working on high impact, sustainable solutions to social, economic and environmental challenges. Alongside the other 150+ member law firms in more than 120 countries, our firm can be matched to legal projects with social entrepreneurs who are pioneering new and creative solutions to the world’s most pressing problems.
We place great emphasis on corporate social responsibility matters; our initiatives include donations to charities and fundraising activities. We are actively working on improving the sustainability of our offices and reducing the environmental footprint of our operations. Our firm’s green initiative includes energy efficiency, recycling and circular waste management.
Areas of Practice
Banking & Secured Financing
We provide comprehensive and specialised support on all banking-related matters, covering new or revised products and services introduced by credit institutions. We are frequently instructed to advise on cross¬border high-value financing and refinancing transactions, including project financing, syndicated, subordinated and mezzanine financing, ship financing and related securities such as share pledges, floating charges, financial collateral and mortgages.
Blockchain & Cryptoassets
We advise on issues specific to cryptoassets and blockchain technology, such as AML/KYC and GDPR, Initial Coin Offerings and Security Token Offerings for issuers, as well as regulatory licensing for Crypto-Asset Service Providers. The team brings together legal expertise pooled from multiple disciplines across the firm, including our financial services, intellectual property, technology law, data protection, corporate and commercial practices
Our specialised team deals with a wide range of EU and domestic competition law and anti-cartel matters. It has guided clients through significant corporate and commercial transactions, including the facilitation of mergers and acquisitions, and it boasts a strong record of success in the clearance of such transactions by the Cyprus Commission for the Protection of Competition. Our practice is also widely acknowledged for its leading expertise in matters of competition litigation.
Constitutional, Public & Administrative Law
We have long-established experience in handling recourses before the Supreme Court and the Administrative Court, often raising unprecedented and novel points of constitutional and administrative law. The recourses involve, among others, administrative decisions for the appointment and promotion of public servants, the imposition of tax, planning or building permits, social insurance benefits and permanent residency applications. We frequently advise regulated corporate clients, public and governmental bodies on the interpretation and application of laws and regulations, and the implementation of fair procedures in fulfilling statutory functions, in conformity with the Constitution and the laws of the European Union.
Corporate & Commercial Law
Our firm advises on all aspects of corporate and commercial law and practice, and has worked on some of the most high-profile and high-value transactions involving Cypriot corporate structures. We offer the full range of corporate services and advice, from the start-up to the completion of incorporation, the annual operation, compliance, restructures and dissolution of companies.
Cross Border Transactions, M&A & Restructures
Our team has extensive experience in cross-border transactions involving Cyprus-based entities, whether as part of a wider corporate consolidation,
or equity, debt or secured financing restructuring, or tax efficiency planning. We offer expertise in structuring, negotiating and completing joint ventures, cross-border mergers and acquisitions, transfers of corporate seats, the establishment of mutual funds and venture capital investments.
Data Protection Law
Our firm specialises in all aspects of Cypriot Data Protection legislation and the corresponding European regulations. We advise both local and international clients regarding their obligations under Data Protection legislation arising from their working practices and internal policies, as well as deal with procedural matters before the competent authorities, such as the filing of required notifications and applications for licences.
Distribution, Commercial & Franchise Agreements
We have wide-ranging experience in drafting distribution, commercial and franchise agency agreements, reviewing and advising on the compliance of such agreements with Cypriot law, as well as in advising on matters such as termination, post-contractual compensation, competition law issues, public procurement and intellectual property licensing matters. We advise principals, distributors, franchisors, franchisees and commercial agents alike.
Employment, Immigration & Citizenship Law
Our employment law department advises across the full spectrum of employment, compensation and benefits issues, whether arising in an advisory or transactional context, contentious or non-contentious. Our firm also provides assistance when non-EU citizens are to be employed in executive positions with companies belonging to foreign interests. Our involvement in immigration law and procedures extends to applications for permanent residency, as well as Cypriot citizenship for those who are eligible.
We have been advising leading international companies within the energy industry for over two decades, covering numerous sectors, including oil exploration, natural gas, power, and renewables. Our advice extends to all transactional aspects of corporate ventures within the energy sector, with the firm’s long-standing experience in corporate and commercial law, finance, tax and competition law, ensuring the delivery of seamless service within the sector.
European Union Law
Our EU law practice lawyers have an in-depth understanding of EU institutions and policies and combine extensive experience in both the private and public sector. They assist clients with achieving their business objectives, offering representation across the main regulatory fields governed by EU law, including competition, trade, environment, free movement of goods and services, consumer protection, privacy, and data protection.
Our family law team advises on all family law matters – divorce and separation, child custody, maintenance and care disputes, adoption, cohabitation, alimony, asset separation and management, pre-nuptial, and post-nuptial agreements. Our lawyers are experienced litigators, some with over 25 years in this field, as well as negotiators – both necessary qualities for achieving a successful outcome.
Human Rights Law
We are the first Cyprus firm to have submitted high-profile applications before the European Court of Human Rights (ECHR) in Strasbourg, and we continue to be involved in the preparation, submission and hearings before the ECHR of applications concerning alleged violations of human rights for local and international clients.
Intellectual Property Law
We have more than 40 years’ experience in IP law and our team delivers a complete range of services in all fields of IP, including trademark, patent, design, and copyright law. Our experienced professionals provide our clients with sophisticated service, which includes IP support and counselling, as well as litigation.
Investment Services & Funds
Our team advises on and assists clients with the setting-up, licensing, passporting of services and regulatory compliance of Investment Firms, UCITS, AIF, as well as the managers of these funds. We also advise on related services, including the re-domiciliation of the funds and its managers, and listing of the funds on regulated and unregulated markets.
Litigation, Arbitration & Mediation
Our dispute resolution team is experienced in identifying and implementing the most appropriate solutions for our clients, either by pursuing or defending litigation, or other alternative dispute resolution mechanisms, like arbitration and mediation. Our lawyers deal with highly complex cases in areas including business, commercial and corporate law, tax and finance, intellectual property, professional liability, antitrust, banking and finance, family law, administrative and criminal law.
Public & Private International Law
We advise clients on the application and interpretation of international treaties and conventions entered into by Cyprus, especially concerning foreign investments, mutual assistance in civil and criminal law matters, international arbitration conventions, multilateral treaties on the Law of the Sea and similar instruments.
Shipping & Maritime Law
Our broad and varied experience in shipping and maritime law matters, ranges from representation of clients in maritime disputes, including vessel arrests, cargo carriage disputes, construction and re-building disputes, commercial/contractual claims, collisions, salvage and insurance claims, to involvement in procedural matters before the Cyprus maritime authorities.
Our firm has the expertise and experience to design, implement and defend tax planning structures built around the Cyprus tax regime. We strive to enhance tax efficiency, risk reduction and avoidance of tax controversy, effectively and efficiently, in matters involving corporate tax, property tax, personal tax, employment taxes, VAT and customs duties.
Telecommunications, Media & Technology Law
Our technology, media and telecommunications team includes lawyers with expertise on a broad range of areas underpinning the interdisciplinary field of technology, including regulatory issues, data protection & privacy, e-commerce, cybersecurity and IP. We offer our clients, whether start-ups or established technology enterprises, legal advice ranging from support in corporate transactions to IP protection, regulatory compliance, employment, tax, e-commerce, electronic payments as well as wider contracting issues.
Trusts, Wills & Succession
We offer comprehensive succession planning legal services to serve clients’ personal or business requirements, whether in transitioning or maintaining and maximizing the value of their assets. Our team of seasoned lawyers, some with over 25 years’ experience in this field, addresses all matters at hand when structuring succession planning solutions, taking into account all-important tax considerations, ownership, future targets and challenges and continuity.
|Banking and secured financing||Chryso Pitsilli-Dekatrisemail@example.com||+357 22 777000|
|Banking and secured financing||Pavlos Symeonidesfirstname.lastname@example.org||+357 22 777000|
|Capital markets||Anna Rossidesemail@example.com||+357 22 777000|
|Competition||Anna Rossidesfirstname.lastname@example.org||+357 22 777000|
|Competition||George Mountisemail@example.com||+357 22 777000|
|Constitutional, public and administrative law||Alexandros Taliadorosfirstname.lastname@example.org||+357 22 777000|
|Corporate and commercial law||Chryso Pitsilli-Dekatrisemail@example.com||+357 22 777000|
|Corporate and commercial law||Anna Rossidesfirstname.lastname@example.org||+357 22 777000|
|Cross-border transactions, M&A, restructuring||Chryso Pitsilli-Dekatrisemail@example.com||+357 22 777000|
|Cross-border transactions, M&A, restructuring||George Ioannoufirstname.lastname@example.org||+357 22 777000|
|Data protection||Alexandros Georgiadesemail@example.com||+357 22 777000|
|Employment law||Alexandros Taliadorosfirstname.lastname@example.org||+357 22 777000|
|European Union law||Victoria-Zoi Papagiannisemail@example.com||+357 22 777000|
|Family law||Georgia Georgioufirstname.lastname@example.org||+357 22 777000|
|Intellectual property||Eleni Chrysostomidesemail@example.com||+357 22 777000|
|Intellectual property||Alexandros Georgiadesfirstname.lastname@example.org||+357 22 777000|
|Investment services and funds||Chryso Pitsilli-Dekatrisemail@example.com||+357 22 777000|
|Litigation, arbitration and mediation||George Mountisfirstname.lastname@example.org||+357 22 777000|
|Litigation, arbitration and mediation||Victoria-Zoi Papagiannisemail@example.com||+357 22 777000|
|Real estate law||George Mountisfirstname.lastname@example.org||+357 22 777000|
|Taxation law||George Ioannouemail@example.com||+357 22 777000|
|Telecommunications, Media and Technology Law||Alexandros Georgiadesfirstname.lastname@example.org||+357 22 777000|
|Trusts, Wills and Estate Planning||Chryso Pitsilli-Dekatrisemail@example.com||+357 22 777000|
|Energy law||Dimitris Papapolyvioufirstname.lastname@example.org||+357 22 777000|
|Investment Services and Funds||Eleni Shiarlyemail@example.com||+357 22 777000|
|Blockchain and Cryptoassets||Costas Mavridesfirstname.lastname@example.org||+357 22 777000|
Meet The Team(s)
Press Releases8th February 2022 Our firm has successfully defended the trade mark rights which our clients “The Absolut Company Aktiebolag”, the leading international alcohol beverage company, have in the word “absolut”. Absolut Vodka is among the very best selling and best known alcohol beverage brands in the world. In a trade mark opposition case fought before the Cyprus Registrar of Intellectual Property, our firm’s IP team has prevented the registration of the word “absolut” as part of the composite trademark “absolut pilates & fitness studio” filed by a third party.
Our firm advises on the first ever IPO of an overseas incorporated company to list exclusively on the Moscow Stock Exchange30th September 2021 Chrysostomides Advocates & Legal Consultants has advised on the USD 500 million Initial Public Offering of United Medical Group CY PLC, Russia’s leading multidisciplinary premium-class healthcare services provider operating under the European Medical Center brand, on the Moscow Stock Exchange. The secondary sale consisted of USD 500 million of GDRs sold by United Medical Group’s owners, including majority shareholders Igor Shilov, Egor Kulkov and Roman Abramovich.
16th August 2021 The Cyprus Eurasia Dispute Resolution and Arbitration Center (CEDRAC) was established to serve the needs of commercial parties involved in international disputes, and welcomes referrals of future or existing disputes. CEDRAC draws on the experience of diverse and experienced Court and case management staff, supporting and supervising its activities. The primary aim of CEDRAC is to assist international businesspeople to resolve their disputes through arbitration procedures that are fair, quick and cost-effective. In parallel to its arbitration services, CEDRAC also offers mediation services.
Legal Developments24th August 2021 In an article published earlier this year, we discussed how the Prevention and Suppression of Money Laundering and Terrorist Financing Law, L.188(I)/2007 (the “AML Law”) was amended in order to harmonise domestic legislation with the 4th and 5th AML Directives (Directives (EU) 2015/849 and 2018/843 and how it introduced, for the first time, provision for the registration of Crypto-Asset Service Providers (“CASPS”). The Cyprus Securities and Exchange Commission (“CYSEC”) was designated as the relevant competent supervisory authority and was given powers to regulate through the issue of Directives.
25th June 2021 In Cyprus, the Prevention and Suppression of Money Laundering and Terrorist Financing Law, L188(I)/2007 (the “AML Law”) was amended earlier this year through L13(I)/2021 (the “Amending Law”), in order to harmonise domestic legislation with the provisions of the 4th and 5th AML Directives (Directives (EU) 2015/849 and 2018/843).
6th April 2021 It has been a long road for everyone’s favourite cheese. The protection of halloumi cheese should have never been complicated. The firm cheese which has the unique quality of retaining its shape even when fried or grilled, has its origins in the island of Cyprus where it has been produced for many centuries. Traditionally, halloumi is made from either sheep or goats’ milk or a mixture of the two, though in recent times industrial cheese producers began sometimes using cow’s milk. This traditional cheese has reached far and wide and has gained significant popularity globally in the past decades. With this success, however, came troubles regarding its collective European trademark which has been registered since 2000.
3rd February 2021 The Directive (EU) 2019/1937 on the Protection of Persons Who Report Breaches of Union Law (EU Whistleblower Directive), hereinafter “the Directive”, was adopted on 23 October 2019 and has a transposition deadline of 17 December 2021 (with the exception of the obligation to establish internal reporting channels with a further two-year extended deadline), with the aim of ensuring a harmonised framework at national level, provided the current fragmentation in whistleblower protection across the EU. Currently, only about ten member states have a comprehensive legislative framework. In the case of Cyprus, at the time of writing, the Directive has not yet been transposed, but the Ministry of Justice and Public Order is in the process of drafting the relevant proposed bill. Nevertheless, Cyprus law does provide some piecemeal protection in the fields of the civil service, corruption and bribery offences, competition law, and termination of employment, without however any established reporting channels.
3rd February 2021 Pursuant to the Prevention and Suppression of Money Laundering Activities Law (the “AML Law”), which transposes into national legislation the 4th EU AML Directive ((EU) 2015/849), companies and other legal entities must maintain and register, in a central public register to be created for this purpose, information on their beneficial owners.The AML Law provides that the particulars, the creation and operation of the relevant register, the process and entitlement to access thereto, shall be determined by separate regulations to be issued under the AML Law.
3rd February 2021 The long running battle between HALLOUMI and BBQloumi started in 2014, when a Bulgarian dairy company filed an application for the registration of a figurative mark containing the verbal element BBQloumi as a European trademark. This application was opposed by the Foundation for the Protection of the Traditional Cheese of Cyprus named Halloumi (hereafter the “Foundation”), on the basis of its earlier European collective trademark over HALLOUMI.