Firm Profile > KOUSHOS KORFIOTIS PAPACHARALAMBOUS LLC > Nicosia, Cyprus

KOUSHOS KORFIOTIS PAPACHARALAMBOUS LLC > The Legal 500 Rankings

KOUSHOS KORFIOTIS PAPACHARALAMBOUS LLC > Firm Profile

The firm: KKP LLC comprises more than 20 lawyers based in its offices in Nicosia. KKP is a full-service law firm with an industry focus on financial services including financial, insurance and banking institutions, intellectual property, real estate and construction, corporate and securities.

The firm operates in multi-disciplinary teams, which allows it to provide the client with individualised and expert advice. Its team of lawyers have more than 30 years of experience, combining an extensive knowledge of the Cyprus legal system with an in-depth understanding of international and European law.

The firm prides itself on its extensive and expanding client base ranging from private individuals to multinational organisations. Its involvement with both international and Cyprus-based clients has helped it to anticipate its clients’ objectives and provide a 360-degree perception to multidimensional legal issues.

Areas of practice: Litigation, arbitration and mediation: The firm’s litigation engagements include (among other substantive areas) corporate, financial, insurance, intellectual property, real estate, white-collar criminal, professional liability, tax, bankruptcy and insolvency, competition, employment, administrative and constitutional law, securities and investment company litigation are among the largest and most complex of any law firm in Cyprus.

The firm also handles a significant number of arbitration and alternative dispute resolution matters involving government contracts, construction and financial legal issues.

Banking and financial services law: KKP is the main legal advisor to leading international commercial and investment banks, co-operative societies, finance companies, investment firms and funds in regards to various aspects of domestic legislation.

KKP has extensive experience in drafting agreements and other instruments used by banks, co-operative societies and finance institutions. Its litigation team deals on a regular basis with disputes and litigation between banks and customers, disclosure issues, fraud and tracing claims, repossession disputes, mareva injunctions, Norwich Pharmacal orders and garnishee orders.

KKP is also at the forefront on advising funds on all facets of regulatory compliance and transactions, focusing on achieving the client’s business objectives with minimal regulatory burden and risk. The firm has acted on behalf of two foreign funds which have participated in the recent recapitalisation of the banking institutions in Cyprus.

Corporate, commercial and tax law: The dedicated and experienced corporate legal team provides the following services: formation and acquisition of companies in Cyprus and abroad; corporate reorganisation and reconstruction; shareholder agreements; corporate governance issues; mergers and acquisitions; cross-border transactions and joint ventures; capital-raising transactions; venture capital financing; public and private offerings of securities and securities law compliance; trust formation; tax planning; corporate management and domiciliation services.

Intellectual property: KKP’s IP team comprises specialised lawyers and assisting personnel who are equipped with extensive experience and knowledge. Its extensive list of clients include pharmaceutical companies and famous brand owners. The firm provides a comprehensive range of services, including the registration and renewal of trade-marks, patents, industrial designs, trade names, domain names both locally and internationally, all court and other proceedings before the relevant authorities relating to these matters.

Public procurement: KKP represents both individuals and corporate bodies before the Tender Review Authority, the Cyprus Administrative Court and the Supreme Court in Public Procurement disputes. Its practice involves hierarchical and judicial recourses against the validity of tender awards made by public authorities and state organs in Cyprus, temporary measures and appellate procedures.

The firm’s team also advises public authorities and corporate entities on a range of legal issues related to tenders in Cyprus, including structuring the tender transaction and choosing the appropriate tendering procedure, preparing and advising on procurement documents and conducting the evaluation of tenders and managing the procurement process and contract award issues.

KKP is currently acting as the local legal advisors of the Ministry of Transport, Communication and Works in relation to the redevelopment of the Larnaca Port and Marina Area, the Ministry of Education and Culture in relation to the reorganisation of the school boards in Cyprus (a project funded by the European Commission), the Ministry of Justice and Public Order in relation to the legal framework of mediation and the alternative dispute resolution methods, the Cyprus Transmission System Operator of Electrical Energy (which was established following the decision of the Government of the Republic of Cyprus to apply the relevant European directive for liberalising the electricity market), the Research Promotion Foundation, the Cyprus Agency of Quality Assurance and Accreditation in Higher Education, the Cyprus’ National Research and Education Network and other public bodies.