Patrikios Legal

We are happy to announce that our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP has been added in the list of arbitrators at the Dubai International Arbitration Centre. The Dubai International Arbitration Centre has over three decades of experience of providing dispute resolution services to parties doing business in, or through, the Middle East, Africa, and South Asia region. The Centre is the region’s largest arbitral institution, independent, and committed to excellence, efficiency, and diversity. We welcome this great achievement and look forward to seeing the work of Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP at the Dubai International Arbitration Centre #DIAC #Dubai #Arbitration #DisputeResolution #GlobalArbitration  

Our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP attended Dubai Arbitration Week and had the honor of keynote speaker on the 13th November 2024! Keynote Address: Arbitration’s Role In Africa’s Investment Future Quoted by Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP: “I was deeply honoured to be the keynote speaker at this exceptional event!! my thanks to M&CO Legal and my friend Dr Mahmood Hussain for graciously inviting me!!! I felt truly privileged to have been part of this.” #DubaiArbitrationWeek #Arbitration #GlobalArbitration  

Stylianos Trillides, Partner – Commercial & Real Estate attended the annual meeting of Global Advocaten in Barcelona for 2024.Global Advocaten is an exclusive network of independent law firms, connecting clients with legal counsel worldwide. This three day meeting took place on the 07th of November till the 09th of November 2024.  

Our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP will be attending the Dubai Arbitration Week 2024. 📅 12th November 2024 📍 DIFC Academy If you are there too, He will be delighted to connect! #Arbitration #DubaiArbitration #lawyer #lawfirm #legal  

A conference presented by the IBA European Regional Forum, supported by the IBA Closely Held Companies Committee and the IBA Corporate Counsel Forum. Our Partner –  Stella Strati will be attending this conference from the 12th -13th November 2024 in Stockholm, Sweden. TOPICS INCLUDE: Venture capital globally Understanding and working with Venture Capital funds Alternatives to equity investments Building sustainable legal practices in the Startup and Venture Capital Ecosystem Legal session: market trends, deal terms and investment documentation Hot topics roundtables To list, to sell or to flip to the US: successful exit methods in Europe How to scale and grow a global Business

📢 Don’t Miss Out! 📢 Our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP and Partner – Corporate Finance, Tax, Private Client Stella Strati will be heading up the panel together for a 3 hour seminar titled: “Cyprus Professional services: Key considerations, Hot topics & Practical Cases” organised by: Cyprus Fiduciary Association 📅 01 November 2024 ⏲ 09:00am – 13:00pm 📍 Crowne Plaza® Hotels & Resorts #CYFA #Law #Lawyers  

In a special ceremony held at the Cyprus University of Technology Rector’s Office, 5 scholarships totalling a sum of 5 thousand Euros were awarded by our firm to students of the university. The scholarships were awarded to students with financial problems who had a proven desire and ability to study, improving their prospects in life. We couldn’t be more humbled to be apart of this scholarship program which becomes a part of the ongoing #corporatesocialresponsibility programme of Patrikios Legal! Take A Read Now: https://shorturl.at/3zK55 #CSR #scholarships #givingback  

Our Partner – Dispute Resolution Katerina Philippidou,will be attending the annual AIJA Practical Complex Litigation – 3rd Annual Litigation Conference 2024 in London. Date: 17 – 19 October 2024  

The surroundings of the East India Club in St James’ square in central London, as well as the invaluable contributions of the members made the meeting a memorable one.I believe we laid out a solid foundation for many more meetings to come. Given the shared global expertise around the table, we had the opportnity to discuss about various initiatives, as well as learn about crucial global developments and discuss ways we can collaborate. We are ready for the future ✌️ Special thanks to all members, the board and of course our permanent secretary, for making this possible. It is an honour to have had the opportunity to serve as President of the AITC for the past few years along with other great colleagues/friends. The collective goal while the AITC is under our stewardship is to preserve the original values of independence and professionalism while adapting to the realities and challenges of the future and create an honest and transparent platform for collaboration between active (and proactive) like-minded professionals around the world.  

Our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP took to the stage at the International Bar Association Annual Meeting, in Mexico 2024! Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP from Patrikios Legal co-chaired with Hermann Knott from KUNZ.law on the panel discussion titled “Shareholders Dispute: Mediation, Litigation, or Hybrid Strategy.” They were joined by: Dr Mahmood Hussain of M&CO Legal, Joanne Lau from HKIAC, Andrea Orta from Orta González Sicilia Abogados, S.C., and Natascha Tunkel from KNOETZL. What an insightful and informative discussion where laws were discussed by lawyers from all different corners of the world.  

Congratulations to our Partner Stylianos Trillides, on this amazing achievement of Thought Leader for Spring 2024 by Mondaq. Stylianos Trillides has demonstrated exceptional knowledge and insight, providing valuable legal insights and advice to the Mondaq global audience for Real Estate & Construction! We salute YOU!  

Our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP and Partner – Corporate Finance, Tax, Private Client Stella Strati are off to the International Bar Association Conference 2024 in Mexico City! 📅 15th September 2024 – 20 September 2024 📍 Centro Citibanamex, Mexico City If you will be there too, they will be delighted to connect!  

Congratulations to our Partner LIA Iordanou Theodoulou, on this amazing achievement of Thought Leader for Spring 2024 by Mondaq. LIA Iordanou Theodoulou has demonstrated exceptional knowledge and insight, providing valuable legal insights and advice to the Mondaq global audience. We salute YOU!  

The foremost organisation for international legal practitioners, bar associations and law societies will embark on its annual conference in Mexico City, 15th – 20th September 2024. Within the conference a joint session of the Litigation and Mediation Committees will take place co-Chaired by the Executive Chairman of Patrikios Legal, Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP and Dr. Hermann Knott of KUNZ.law. These two esteemed lawyers will take the stage with speakers from around the world including: Joanne Lau at HKIAC, Dr Mahmood Hussain at M&CO Legal, Andrea Orta at @Orta GS and Natascha Tunkel at KNOETZL. The topic for the panel discussion on Thursday 19th September 2024 at 9:30am is: Shareholder Disputes – Mediate, Litigate or a Hybrid Strategy? We look forward to this exiting panel and the resultant discussion. Not to be missed!!  

Who is Global Advocaten? Global Advocaten is an exclusive network of independent law firms in more than 27 countries. Founded in 1990 as Euro Advocaten, the organization has grown from the original five lawyers to over 1,400 lawyers representing 23 member firms. Firms have exclusivity within the jurisdictions in which they operate, with rare exceptions being made with approval from both the prospective firm and the member firm. Global Advocaten is proud to be ranked in the Chambers Europe 2024 guide. Why Global Advocaten? Global Advocaten boasts a rich history of over 30 years, demonstrating its longevity as a leading legal network. The network offers broad coverage, combining deep legal expertise with a global reach.Members benefit from diverse legal knowledge and worldwide resources, enabling them to serve clients on an international level. Global Advocaten promotes active collaboration among its members, fostering an environment where lawyers share insights and contribute to the network’s success. This collaborative approach builds trust and confidence in referrals, making members comfortable recommending each other to clients. We look forward to a fruitful partnership going forward!  

In a landmark decision, the Tax Tribunal vindicated Antonis Askanis Ltd by annulling a VAT assessment of €1,261,344 imposed by the Tax Commissioner. Patrikios Legal played a crucial role in this victory, with Partner Angelos Onisiforou co-contributing key arguments along with representatives from Chelco VAT Ltd and Antonis Askanis Ltd, who were instrumental in securing this favourable outcome. 31 May 2024 – In a landmark decision, the Tax Tribunal has recently annulled a decision of the Tax Commissioner for enforcement of Value Added Tax (VAT) of €1,261,344 to the land development company, Antonis Askanis Ltd, concerning the sale of a property in Limassol. In a unanimous decision dated 18 April 2024, the Tax Council ruled that the first occupation occurred in the said mansion as provided for in the VAT legislation at the time of the sale and therefore the sale was exempt for VAT purposes. The Tax Tribunal based its decision on the arguments put forward by the representatives of Antonis Askanis Ltd, CEO of Chelco VAT Ltd, Alexis Tsielepis, VAT Advisor of Chelco VAT Ltd, Marios Nicolaides, Partner of Patrikios Legal, Angelos Onisiforou and the Director of the applicant, Christiana Askanis. Led by Mr. Tsielepis, the team of the Askanis tax advisors argued that the rental of the villa prior to the sale for a total rental period of 38 days, and its use as a “showhouse” for approximately 12 months, fall within the provisions of the interpretation of the VAT Law’s term “first occupation”. The Board of Taxes agreed with this position, stating that the legal background set out in the Legislature with respect to the interpretation of the term was fully satisfied and therefore the Tax Department’s position of imposing VAT on the sale as a sale prior to the first occupation was incorrect and was consequently annulled.  

We are pleased to announce that our Executive Chairman Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP has been appointed as a #Delegate to the #ICC Commission on Arbitration and ADR for the 2024-2027 term by the #ICCCyprus National Committee. The #ICCCommissiononArbitrationandADR gathers expertise, enables thought leadership and provides guidance on practical, procedural and legal issues on #arbitration and ADR. By joining a diverse group of experts from more than 100 countries in the field of international dispute resolution, Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP will have the opportunity to share his expertise and participate in the Commission’s significant work. We are honoured by this appointment and look forward to Stavros Pavlou, FCIArb, Bsc (Econ), Barrister, TEP contribution to the#ICC Commission on Arbitration and ADR.  

Our Senior Associate Ioanna Samara at the Women in Business and Beyond Conference on Saturday 13 July 2024 – Carob Mill Restaurants Ltd. See below what Ioanna Samara has to say about her experience: I really enjoyed attending the all-day Women in Business and Beyond Conference” Business and Cultural event in Limassol, on the 13th of July, organised by Unity Growth. It was a truly remarkable and educational experience. The aim of the event was to provide networking opportunities and empower businesswomen through enriching discussions and interactive workshops. Keynotes I would like to share based on what I have learned from this event: Women aiming to launch a start-up business should utilise appropriate tools and strategies. There are women who possess valuable, specialised knowledge and can help other women achieve their goals by sharing that knowledge. Many powerful women managed to overcome obstacles and break barriers, paving the way for the rest of us and driving change in the business world. It is truly an inspirational experience to hear such personal stories first hand, and that was the part I enjoyed the most. A very important issue working women have to deal with is how to successfully balance our professional and personal lives. It is hardly surprising, then, that there was a panel dedicated to this issue, with the title «Work-life harmony in the new work era for women». In this panel, four women shared their personal approaches on how to achieve this balance between their professional and private lives. One of the panellists, Dr Maria Solomou, who is also a good friend of mine, reminded us that it is very important to spend time with our loved ones because this human connection helps us achieve inner harmony on a professional level as well. Personal thoughts after the event: As I was driving home after this beautiful event, I was thinking about how lucky I was that my husband was with my eight-year-old son, giving me the opportunity to attend this joyful all – day event, expand my horizons and grow as a person. At that night, I did what I always do almost every night for years. I may not insist that my son brushes his teeth every night, but I will share a good story from a children’s book with him before he goes to bed! There is no doubt that our professional and personal lives are intertwined because WE TRULY ONLY HAVE ONE LIFE. It is very important for working women to spend a few hours exclusively for ourselves but most importantly, to remember to spend quality time with our children.For me, this means sharing with my child the experience of reading a good children’s story.  

We are thrilled to announce that Patrikios Legal has once again been recognized by the renowned Who’s Who Legal (WWL), an esteemed organization that evaluates law firm performance on a global scale following research with clients and peers. WWL #Assetrecovery recognises the foremost #assetrecoverylawyers and experts from both onshore and offshore jurisdictions. Our Executive Chairman, Stavros Pavlou, has been distinguished as the only Global Elite Thought Leader for Asset recovery matters in Cyprus. According to WWL, this acknowledgement is only achieved by ‘the best of the best across the research and only by around 5% of the WWL-listed practitioners’. Our Dispute Resolution Partner, Eleana Christofi, has been accredited as a Recommended Lawyer, a category for leaders in the asset recovery sector, in which fewer than 50%  of individuals considered are selected for inclusion. We are honored by WWL’s  accreditation for our lawyers’ expertise and exceptional services in multi-jurisdictional asset recovery matters. Special appreciations go to our clients and associates for their ongoing trust and loyalty and especially to the referees for their great feedback. As a firm, we continue our hard work and we remain committed to delivering top quality #legalservices across a diverse range of practice areas to cover our clients’ legal needs.