Georgiades & Pelides > Nicosia, Cyprus > Firm Profile
Georgiades & Pelides Offices
EAGLE HOUSE, 16 KYRIAKOS MATSIS AVENUE
PO BOX 21451
1509 NICOSIA
Cyprus
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Georgiades & Pelides > The Legal 500 Rankings
Cyprus > EU and competition Tier 3
Cyprus > Banking and finance Tier 5
At Georgiades & Pelides, the practice has solid expertise in all aspects of banking law. The team is often instructed in secured commercial lending transactions, project financing, corporate financing and matters concerning the enforcement and realisation of securities. Led by Marcos Georgiades, the group has also been kept busy assisting with leasing and hire purchase agreements, in addition to advising on regulatory issues.Practice head(s):
Marcos Georgiades
Other key lawyers:
Marios Pelides; Dominique Pelides
Testimonials
‘They are very sophisticated, efficient and responsive.’
‘They are very business oriented and constructive.’
‘Practical, insightful advice. I wouldn’t go anywhere else.’
‘Marios Pelides is an exceptional lawyer and strategic thinker.’
‘Dominique Pelides has a dynamic approach and strong intellect.’
‘The practice always involves the best partner for every case.’
‘Very good professionals and great people. Industry experts.’
Key clients
Hellenic Bank Public Company Limited
Cyprus Development Bank
Palta Ltd
Remedica
ISX Financial
Themis Portfolio Management
Standard Chartered Bank
European Investment Bank
Glencore
Work highlights
- Advised Hellenic Bank Public Company Limited, the second largest bank in Cyprus, on the sale and subsequent securitisation of a portfolio of EUR1.4bn non-performing exposures and the sale of the bank’s debt servicing platform, APS Debt Servicing Cyprus Limited, to PIMCO.
- Advised the Cyprus Development Bank (CDB) on the MREL eligibility of certain lending arrangements entered into between CDB and the European Investment Bank, as well as a potential issuance of notes by CDB.
- Advised Hellenic Bank Public Company Limited on the acquisition from RCB Bank Ltd of a portfolio of performing loans with an aggregate value of EUR 556m, related funds on the accounts of the corresponding borrowers and related off-balance sheet obligations.
Cyprus > Dispute resolution Tier 5
Led by Nicos Georgiades, the disputes team at Georgiades & Pelides is adept at advising on a wide range of corporate and commercial disputes. The group regularly acts for companies in the insurance and technology sectors, as well as foreign governments, international banks, financial institutions and private clients. Debt collection matters are another key area of instruction. Sotos Kasinos is a name to note.Practice head(s):
Nicos Georgiades
Other key lawyers:
Testimonials
‘Very good indeed. It is an experienced firm, consisting of serious and capable lawyers. Nicos Georgiades, a very good litigator.’
‘They handle complex cross border corporate disputes with a high success rate.’
‘Nicos Georgiades: he is the leading litigation partner with good availability. He is an forceful litigator who is well respected among his peers.’
‘Excellent team and engagement in all matters, excellent quality of work of each member of team. Sotos Kasinos – great quality and knowledge, professional.’
‘The individuals we work with are highly responsive in our requests, they deliver their work in an efficient manner and in good quality, through their commitment and hard work they have managed to win very hard and complex cases at court.’
‘They are very knowledgeable and if there is something they are not aware of, they will try to find it right away, they are constantly kept up to date about new or upcoming legislation and will provide these updates to us if they think they are relevant without charging.’
Key clients
Hellenic Bank Public Company Ltd
Bank of Cyprus Public Company Ltd
Central Bank of Cyprus
Themis Portfolio Management Limited
The Cyprus Development Bank Public Company Ltd
National Bank of Greece (Cyprus) Ltd
Beker Trading Limited
Cyprus Popular Bank Public Co Ltd under liquidation
EPIC Limited (one of the largest telecommunication providers in Cyprus)
PHC Franchised Restaurants Public Ltd (the largest company of franchised restaurants & cafes in Cyprus)
G.N. Terminal Enterprises Ltd (in receivership and provisional liquidation)
Work highlights
- Represented the Central Bank of Cyprus in a petition for the appointment of a special liquidator over FBME Bank Limited (“FBME”).
- EU and competition