Firm Profile > Ioannides Demetriou LLC > Nicosia, Cyprus

Ioannides Demetriou LLC
THE CITY HOUSE, 17-19 THEMISTOCLI DERVI STREET
NICOSIA 1066
Cyprus

Dispute resolution Tier 1

Ioannides Demetriou LLC has considerable expertise representing clients in arbitration proceedings, offering the full range of alternative dispute resolution services to private and public-sector organisations.  Commercial litigation, including interim junction orders, make up the rest of its caseload. The team has ‘qualified arbitrators and mediators and this quality shows through when they represent you’. Pambos Ioannides, Andrew Demetriou and Christos Frakalas lead the practice and are praised for being ‘professionals with longstanding experience in court advocacy and dispute resolution’. Frakalas and Demetriou offer ‘an impressive hands-on approach’ on disputes,  with the latter commended for ‘his ‘extensive practical experience’ and 'leadership skills’. Associate director Savvas Yiordamlis is also recommended.

Practice head(s):

Pambos Ioannides; Andrew Demetriou; Christos Frakalas

Testimonials

‘The firm offers first class service and stands out from other firms. It is characterised by its high level of services and responsiveness. We especially value the great attention to detail the firm exhibits and the firm’s ability to deal both with the general structure of a deal as well as with the practical issues which typically arise in transactions.’

‘The Ioannides Demetriou LLC team is highly specialised and dedicated in all aspects of dispute resolution and alternative dispute resolution. They have qualified arbitrators and mediators and this quality shows through when they represent you.’ 

‘Demetris Kronides is very hard working and cooperative. Christina Ioannidou, is an outstanding lawyer and a great person to deal with, both intelligent and reliable.’ 

‘We are fully fully satisfied with the firm’s remarkable professionalism in a number of matters, involving cross-border civil and criminal litigation.’ 

‘Christos P. Frakalas and Andrew Demetriou offer an impressive hands-on approach. Andrew has a strategic mind with excellent understanding of underlying legal issues. He always provides valuable advice despite the complexity of the matter.’ 

‘Ioannides Demetriou LLC has proven to be a reliable associate and partner in representing clients in court cases and in general, in the handling of dispute resolution issues and cases.’ 

‘The partners and associates of Ioannides Demetriou LLC are professionals with long-standing experience in court advocacy and dispute resolution. Savvas Yiordamlis is highly recommended as a professional lawyer and litigator; Savvas Yiordamlis is a devoted lawyer who will work under tight timeframes and deliver high quality of legal services.’ 

‘Andrew Demetriou has extensive practical experience and is a very strong personality with leadership skills.’ 

Key clients

Electricity Authority of Cyprus

Hermes Airports Ltd

NKS Shacolas Group

Petrolina Holdings Public Co Ltd

CNP Cyprus Insurance Holdings Ltd

Lois Builders Ltd

Cybarco Ltd

Freshfields Bruckhaus Deringer LLP

N.P. Voniatis & Co Ltd

Medcon Constructions Ltd

Eurobank Cyprus Ltd

Hellenic Bank Public Co Ltd

Paphos Sewerage Board

Rosinka Group

Real estate and construction Tier 1

Ioannides Demetriou LLC primarily advises domestic public entities and semi-governmental bodies on construction and large-scale infrastructure matters. The team, which is cited for its ‘strong and excellent reputation in the practice area’, also has experience in real estate and construction litigation. Practice co-heads Pambos Ioannides and Andrew Demetriou are ‘highly specialised and experienced in all aspects of real estate and construction’.

Practice head(s):

Andrew Demetriou; Pambos Ioannides

Testimonials

‘The team has a strong and excellent reputation in this practice area. The main leaders of the firm, Pambos Ioannides and Andrew Demetriou, are highly specialised and experienced in all aspects of Real Estate and Construction.’

‘Andrew Demetriou is the most competent in Cyprus in Real Estate and Construction and also in dispute resolution by mediation, arbitration or litigation. He has excellent records as a professional lawyer and arbitrator. He has strong knowledge, extensive experience, and he offers high quality services and successful results.’

‘Ioannides Demetriou LLC has very capable individuals. Quality of work is exceptional and, most importantly, on time.’

‘The firm demonstrates a broad knowledge of laws and regulations and will find the people to provide guidance and assistance for all issues raised.’

Key clients

Hutchison Water International Holdings

Elite Constructions Ltd

Nicodemou & Gavrias Construction Company Ltd

Electricity Authority of Cyprus

NKS Shacolas Group

Hermes Airports Ltd

Lois Builders Ltd

Medcon Constructions Ltd

Joannou & Paraskevaides Ltd

N. P. Voniatis & Co Ltd

Demetco Ltd

Miltiades Neophytou Civil Engineering Contractors & Developers Ltd

Paphos Sewerage Board

Orites Wind Farm

Banking and finance Tier 2

Pambos Ioannides and Christina Ioannidou head the 'exceptional’ practice at Ioannides Demetriou LLC, which provides ‘tailor-made solutions to legal issues’ for a combination of borrowers and lenders. With a particularly strong track record in financial restructurings for commercial groups, the team’s other key area of strength is project financing. Ioannidou and associate Savvas Yiordamlis are always being ‘readily available to assist in urgent matters and provide a high level of expertise and legal services’.

Practice head(s):

Pambos Ioannides; Christina Ioannidou

Testimonials

‘Ioannides Demetriou LLC is an exceptional firm; its quality of people, together with the high level of expertise and the quick turnarounds, are more than mere factors of its professionalism.’

‘The partners and associates at Ioannides Demetriou LLC deliver tailor-made solutions to legal issues whilst taking into consideration the needs and profile of their clients.’

‘Christina Ioannidou and Savvas Yiordamlis are always readily available to assist in urgent matters and provide high level of expertise and legal services.’

Key clients

VLPG Plant Ltd

Cybarco Ltd

Eurobank Cyprus Ltd

Hellenic Bank Public Co Ltd

HSBC plc (UK)

Mercuria Energy Group

Royal Bank of Scotland

Apollo Investment Fund Plc

Eurobank Ergasias EFG

ING Bank N.V.

The Cyprus Stock Exchange

CNP Cyprus Insurance Holdings Ltd

Bank of Cyprus Public Co., Ltd

Hellas Direct Insurance Ltd

NKS Shacolas Group

Hermes Airports Ltd

Grant Thornton

Commercial, corporate and M&A Tier 2

Share sales, acquisitions, joint venture structuring, corporate matters, and financial restructuring are among the key areas of expertise at Ioannides Demetriou LLC, which 'has proven to be a reliable partner in assisting with complex, urgent transactions and legal issues’ in Cyprus. The ‘very well-respected’ firm advises private companies and public bodies on a range of matters, with considerable experience handling corporate issues. Pambos Ioannides, Andrew Demetriou, and Christina Ioannidou head the team. Associate director Zoe Christou is another highly regarded practitioner in this space, with experience in the drafting and implementation of high-value acquisitions, asset disposals, cross-border mergers and re-domiciliations.

Practice head(s):

Pambos Ioannides; Andrew Demetriou; Christina Ioannidou

Testimonials

‘Mr Pambos Ioannides and Ms Christina Ioannidou offer a professional service and the advice I get is always of high calibre, prompt, reliable and well documented.’ 

‘Katerina Hadjichristophi has a thorough understanding of the business, and we witnessed her tenacity in dealing with external parties to achieve our goals.’

‘Ioannides Demetriou LLC is an exceptional firm. It has proven to be a reliable partner in assisting complex and urgent transactions and legal issues.’ 

‘Christina Ioannidou, Katerina Hadjichristofi and Christiana Konteati are highly recommended and highly versed in complex and challenging legal issues. The aforementioned legal advisers are professionals who are always accessible with in depth knowledge of the Cyprus and European legal framework.’ 

‘Pambos Ioannides is extremely knowledgeable and provides very high quality advice.’ 

‘We have worked with Ioannides Demetriou LLC since it was formed due to the quality, reputation and experience of the lawyers of the firm. It comprises outstanding, knowledgeable and efficient members. The practice is well-known and very well-respected in the legal sector in Cyprus.’ 

Key clients

Cybarco Ltd

European Agency for Special Needs and Inclusive Education

Frederick University

Cyprus Health Insurance Organisation

NKS Shacolas Group

Hermes Airports Ltd

Louis Group

Petrolina Holdings Public Co Ltd

MTN Group

The Cyprus Tourism Development Company Public Co Ltd (Hilton Cyprus)

Electricity Authority of Cyprus

The Cyprus Stock Exchange

Cyprus Agricultural Payments Organisation

CNP Cyprus Insurance Holdings Ltd

Hellas Direct Insurance Ltd

Eurosure Insurance Company Ltd

Grant Thornton

EU and competition Tier 2

Ioannides Demetriou LLC regularly represents high-profile local clients before Cyprus’ Commission for the Protection of Competition, and is praised for its 'excellent level of services in all respects including knowledge of the industry, reliability of opinion, in-depth reviews and prompt replies.' The group has defended clients in complaints and investigations initiated by the Commission for alleged abuses of dominant positions, and has also been involved in the drafting of notifications relating to concentrations of undertakings. Pambos Ioannides, Andrew Demetriou and Christina Ioannidou head up the team; Ioannides can ‘untangle complex issues and present them in a simple and well-structured way’.

Practice head(s):

Pambos Ioannides; Andrew Demetriou; Christina Ioannidou

Testimonials

‘The firms offers first class service and stands out from other firms. It is characterised by its high level of services and responsiveness.’ 

‘The firm has high quality people up and down the organisation. The lawyers at the firm are all willing to go the extra mile in order to assist us.’ 

‘Excellent level of services in all respects: knowledge of the industry, reliability of opinion, in-depth reviews, prompt replies.’ 

‘I am impressed by Pambos Ioannides’ professional service and the advice I get is always high calibre, prompt, reliable and well-documented. Mr Ioannides has the charisma of being able to untangle complex issues and present them is a simple and well structured way.’ 

Key clients

European Agency for Special Needs and Inclusive Education

Petrolina Holdings

Public Co Ltd Hermes Airports Ltd

Electricity Authority of Cyprus

Cyprus Trading Corporation PLC

Argosy Trading Company Ltd

The firm: Ioannides Demetriou LLC is a top-ranked, full-service commercial law firm at the forefront of the Cypriot legal services market. The firm has lawyers recognised as leading individuals in their chosen fields.

The corporate law team has unrivaled experience and has advised on some of Cyprus’ largest business deals to date.

Its lawyers are purebred litigators who advocate some of the most complex, multi-jurisdictional disputes heard before the Cypriot courts.

It acts as counsel to the largest private and public entities in Cyprus, including the Cyprus government.

Ioannides Demetriou LLC’s domestic client base includes some of the island’s largest corporations which operate and conduct business in all areas of the commercial spectrum, public and semi – public bodies, local banks, trade unions, public and private foundations, universities, the largest building contractors on the island, government concessionary holders and a host of local commercial enterprises considered leaders in their fields. The government of the Republic of Cyprus entrusts the firm’s lawyers to advise on international contracts, sit as arbitrators in disputes involving local government contracts and to head public enquiries.

The foreign client base is equally enviable. Many of the largest and most reputable international law firms choose Ioannides Demetriou LLC as their preferred firm to work with in Cyprus. Its foreign client base includes foreign governments, multinationals, large corporations and private individuals conducting business in multiple jurisdictions. It routinely handles high value international corporate disputes that contain a Cypriot element as well as enforcement proceedings in relation to foreign arbitral awards.

Due to the demands of the client base, which conducts business both domestically and internationally, it understands and places great emphasis on the need to foster strong and longstanding links with the world’s leading law firms. These range from the largest international law firms to independent law firms. These firms may differ in size but they share their commitment to quality, client care and the need to act in accordance to the highest ethical standards of the legal profession at all times.

The firm’s lawyers are members of the International Bar Association, the Cyprus Bar Association, the Chartered Institute of Arbitrators, the Institute of Chartered Accountants in England and Wales, the Institute of Certified Public Accountants of Cyprus, The Society of Trust and Estate Practitioners (STEP) and the Institute of Directors. A number of their lawyers are qualified arbitrators, mediators and insolvency practitioners.

The firm works to strict quality control standards, evidenced by the fact it is the longest standing ISO certified law firm in Cyprus, holding the ISO 9001:2015 Standard for advocacy, legal advisors and legal consultancy in all fields of the legal profession.

There are established teams containing lawyers of all ranks, from Directors to Associates. This allows the firm to work in an effective and cost-efficient manner for the benefit of its clients.

The approach to billing is flexible and totally transparent. Time spent on a case is meticulously recorded and clients have access to their time records upon demand. In many instances these accompany their invoices.

DNA: The firm’s “DNA” is a set of principles which form the basis of what it does and explains why it does it.

The firm goes deeper than providing the highest quality of legal services as it already take this as a given.

These principles are what the firm stands for, not only as Ioannides Demetriou LLC but also as individuals.

The DNA is made up of the following principles:

  • To work with tenacity in getting results and to add value to its client’s business
  • To be for the clients a sword as well as a shield and to afford them the confidence that comes with correct legal advice
  • To amass knowledge and know-how and share it with clients
  • To act with integrity in all dealings and to steer away from situations which may lead it to compromise its sense of morality and fairness
  • To maintain a business model which is profitable, sustainable and which is capable of providing an exciting and fulfilling career
  • To find and develop talent and to create a working environment in which talent is rewarded
  • To use technology to increase efficiency
  • To avoid remaining static

Areas of practice: The firm provides legal and advisory services to both public and private sector clients in the fields of litigation, dispute resolution, corporate law, banking, insurance, financing, mergers/acquisitions, taxation, energy, construction, competition, shipping, aviation law, litigation, ADR, BOT/PFI. Additionally, the firm’s prominent position and high level of contacts built through the excellent reputation and expertise of its partners enables it to provide invaluable assistance in the fields of public and government affairs and government relations.

Litigation/ADR: The firm’s civil and administrative law litigation lawyers provide the full range of civil and public/administrative law litigation services. The litigation team is renowned for its expertise in the fields of both international and local commercial litigation, including banking, financial disputes and public and administrative law recourses before the courts of Cyprus and administrative organs such as tender review authorities and competition tribunals and the full range of arbitration and ADR services. The firm has been involved in many of the largest civil litigation suits heard in Cyprus and regularly represents foreign governments and private clients before the courts of Cyprus.

Commercial and corporate law: The firm provides the full range of commercial law services to local and international businesses in all aspects of their activities ranging from establishment, structuring and advice on a daily basis in commercial transactions. The firm’s corporate lawyers handle, among others, corporate acquisitions, mergers, corporate finance agreements, corporate reorganisations and restructuring, corporate investigations, international corporate transactions, stock exchange listings and public offerings.

Private client services: Ioannides Demetriou LLC also offers private client services for high-net-worth individuals which adds both security and value to the private client to a fully legitimate international legal environment.

Tax advisory: The firm’s tax professionals provide tax advisory services to both local and international clients in the areas of corporate and personal taxation, asset and wealth management, international tax and estate planning and Value Added Tax. In addition, they can assist with the provision of tax opinions, tax rulings, representations at the tax office as well as tax disputes and litigation in co-operation with our litigation department.

Fiduciary services: The firm offers fully fledged fiduciary services, which include corporate administration, accounting, tax/VAT compliance services and other related management services via its specialised wholly owned subsidiary Nobel Trust Ltd.

Department Name Email Telephone
Arbitration Andrew Demetriou a.demetriou@idlaw.com.cy +357 22022999
Arbitration Pambos Ioannides p.ioannides@idlaw.com.cy +357 22022999
Arbitration Theo Demetriou t.demetriou@idlaw.com.cy +357 22022999
Banking Pambos Ioannides p.ioannides@idlaw.com.cy +357 22022999
Banking Christina Ioannidou c.ioannidou@idlaw.com.cy +357 22022999
BOT/PFI/privatisation projects Pambos Ioannides p.ioannides@idlaw.com.cy +357 22022999
BOT/PFI/privatisation projects Andrew Demetriou a.demetriou@idlaw.com.cy +357 22022999
Competition Andrew Demetriou a.demetriou@idlaw.com.cy +357 22022999
Competition Pambos Ioannides p.ioannides@idlaw.com.cy +357 22022999
Construction Andrew Demetriou a.demetriou@idlaw.com.cy +357 22022999
Construction Pambos Ioannides p.ioannides@idlaw.com.cy +357 22022999
Corporate/commercial Pambos Ioannides p.ioannides@idlaw.com.cy +357 22022999
Corporate/commercial Christina Ioannidou c.ioannidou@idlaw.com.cy +357 22022999
Energy and natural resources Andrew Demetriou a.demetriou@idlaw.com.cy +357 22022999
Energy and natural resources Kalia Stivarou k.stivarou@idlaw.com.cy +357 22022999
International business corporations Christina Ioannidou c.ioannidou@idlaw.com.cy +357 22022999
International business corporations Nayia Morphi n.morphi@idlaw.com.cy +357 22022999
Intellectual property Andreas Apostolides a.apostolides@idlaw.com.cy +357 22022999
Intellectual property Zoe Christou z.christou@idlaw.com.cy +357 22022999
Litigation Pambos Ioannides p.ioannides@idlaw.com.cy +357 22022999
Litigation Andrew Demetriou a.demetriou@idlaw.com.cy +357 22022999
Litigation Christos Frakalas c.frakalas@idlaw.com.cy +357 22022999
Litigation Christina Ioannidou c.ioannidou@idlaw.com.cy +357 22022999
Litigation Demetris Kronides d.kronides@idlaw.com.cy +357 22022999
Litigation Andreas Apostolides a.apostolides@idlaw.com.cy +357 22022999
Litigation Savvas Yiordamlis s.yiordamlis@idlaw.com.cy +357 22022999
Litigation Theo Demetriou t.demetriou@idlaw.com.cy +357 22022999
Litigation Anna Christou a.christou@idlaw.com.cy +357 22022999
Mergers and acquisitions Pambos Ioannides p.ioannides@idlaw.com.cy +357 22022999
Mergers and acquisitions Christina Ioannidou c.ioannidou@idlaw.com.cy +357 22022999
Mergers and acquisitions Katerina Hadjichristophi k.hadjichristofi@idlaw.com.cy +357 22022999
Public/administrative Kalia Stivarou k.stivarou@idlaw.com.cy +357 22022999
Public/administrative Anna Christou a.christou@idlaw.com.cy +357 22022999
Tax advisory services Nayia Morphi n.morphi@idlaw.com.cy +357 22022999
Tax advisory services Evangelia Christou e.christou@idlaw.com.cy +357 22022999
Labour Demetris Kronides d.kronides@idlaw.com.cy +357 22022999
Labour Andreas Apostolides a.apostolides@idlaw.com.cy +357 22022999
Number of lawyers : 26
English
French
Greek
Turkish
Cyprus Bar Association
International Bar Association
Chartered Institute of Arbitrators
Institute of Chartered Accountants in England and Wales
Institute of Directors
Institute of Certified Public Accountants of Cyprus
Society of Trust and Estate Practitioners (STEP)
Contacts : Andrew Demetriou
Contacts : Christina Ioannidou (director)
Other office : Limassol

Diversity

Ioannides Demetriou LLC values diversity in its aspects. We continuously increase the diversity of individuals in our working environment to the fullest possible extent. We strive to hire the best talents from different backgrounds and educational systems, with different cognitive styles and personalities.

68% of our employees are women, while 57% of lawyers at all levels are also women. The average age of all staff is 43.75 while the percentage of staff that is under 35 years of age is 45%.

At Ioannides Demetriou LLC, we respect and support each employee as a unique personality. We work together with each member of our team irrespective of status or position to help them attain both their personal and our firm’s goals. As a consequence, we are able to develop people with strong individual independence and professionalism, who, at the same time, are also dedicated team players who pursue the interests of the firm’s clients with total dedication.

Corporate Social Responsibility

Our CSR activities reflect our commitment to our community. Our activities embrace international organisations of enlightened thinking and the Arts. We are the private partner of Creative Commons for Cyprus. We also actively support local charitable organisations in the fields of cancer patients, people with disabilities, haemophiliac patients, deprived people and people with drug and alcohol addictions. We are particularly proud to be able to say that we actively support the law faculty of the University of Cyprus by taking on their top students as pupils on an annual basis, offering the opportunity of employment to the strongest and most suitable candidates.

Pro Bono

We provide pro bono legal services to charities and workers’ welfare trusts. We are more than compensated for our time and effort by the many “life lessons” that we have taken over the years from the dedicated volunteers who run them.


CLIENT: Dinos Savvides
COMPANY/FIRM: Petrolina (Holdings) Public Ltd
TESTIMONIAL: Excellent legal advice and in-depth reviews, prompt replies, easy access. [I single out] Pambos Ioannides and Christina Ioannidou. Both of them provide exceptional service and the delivered job is always of high calibre, prompt, well designed and to the target.


CLIENT: Constantia Zacharia
COMPANY/FIRM: Eurobank Cyprus Ltd
TESTIMONIAL: The [lawyers] of the firm are always prompt in their replies and most importantly, they offer a pragmatic approach … that fits the needs of the bank. [I single out three lawyers]. Christina Ioannidou: A diligent professional with rare skills, offering well balanced advice. Savvas Yiordamlis is always accessible with excellent … knowledge in the [field of] litigation. Christiana Konteati is a strong performer with skills of high quality. The firm’s strongest areas are: timely and concise advice, professionalism and high quality of work.