Athos Demetriou Associates LLC > Nicosia, Cyprus > Firm Profile

Athos Demetriou Associates LLC
THE RIVERSIDE FORUM
2A CHILONOS STREET, 2ND FLOOR
1101 NICOSIA
Cyprus

Cyprus > Banking and finance Tier 4

Athos Demetriou Associates LLC remains the law firm of choice in Cyprus for a number of international law firms and several global conglomerates. It also acts for Cyprus-based and international financial institutions, as well as investment funds (including alternative investment funds). Its work covers asset finance transactions, syndicated loans, debt restructurings, and securities and other regulatory matters. Athos Demetriou and Anna Skouri co-head the department.

Practice head(s):

Testimonials

‘This is definitely a dedicated and talented team that has a client focused approach. The team provides expert professional and timely advice. It responded to the challenges brought by the COVID-19 pandemic and always catered to our needs. The quality of communication and politeness of the lawyers and paralegal staff are exceptional. The firm has excellent and well-drafted policies to ensure compliance with GDPR issues and the lawyers are business oriented. The firm’s billing is transparent.’

‘During the last year, I worked with Athos Demetriou and Anna Skouri. Athos Demetriou is an exceptional lawyer and very experienced in regulatory matters, financial services and banking projects. He is always available and ready to provide alternative legal and commercial oriented advices. Athos has great communication skills. Anna Skouri is always on top of things, is a skilled lawyer and can handle various matters quickly and efficiently. She provides high quality transactional work with a business approach.’

‘Athos and his team are a group of highly talented and experienced individuals, who are always at your disposal to address your needs. The team is very friendly and responsive and we have a great and efficient cooperation with them.’

‘The senior people are hands-on and always available, going the extra mile to best accommodate your needs in a timely manner.’

The partners have an excellent knowledge of the field, are able to safeguard your interests and provide valuable solutions for each case.’

‘Excellent technical knowledge and structured thinking process.’

‘Personalised service, deep technical expertise, involvement of senior partner in important and critical matters.’

‘One of the major advantages working with the team is the reliable and confidential service, as well as the deep knowledge of the material. The team includes Athos Demetriou and Anna Skouri – the cooperation with the team is invaluable.’

Key clients

European Bank for Reconstruction and Development

Asian Development Bank

Allen & Overy (Czech Republic) LLP

Allen & Overy (Warsaw) LLP

Electric Networks of Armenia CJSC

Mashav Energia

Elgan Automotive Group

K. Treppides & Co Ltd

FxPro Financial Services Ltd

Alter Domus (Cyprus) Limited

Alter Domus Luxembourg

Allen & Overy (South Africa) LLP

HLB (Cyprus) Limited

Clifford Chance LLP

Latomia Pharmakas PLC

Norton Rose Fulbright LLP

Fortuna Entertainment Group N.V.

Meteor Motortech Kereskedelmi Kft.

Work highlights

  • Legal advisers to European Bank for Reconstruction in relation to their financing to Electric Networks of Armenia CJSC for the ENA Investment Program Phase 2.
  • Acting as the legal advisers with ALLEN & OVERY (CZECH REPUBLIC) LLP in connection with a financing instruction and financing for Fortuna Entertainment Group NV by Česká spořitelna, a.s., Komerční banka, a.s., UniCredit Bank Czech Republic and Slovakia, a.s.
  • Acting as special Cypriot counsels through NORTON ROSE FULBRIGHT LLP, to a number of lenders for a refinancing to a joint stock company.

Cyprus > Commercial, corporate and M&A Tier 4

Athos Demetriou Associates LLC works on a variety of complex domestic and international corporate and commercial transactions. The ‘experienced, well-connected and friendly’ team acts for multinational companies, leading Cyprus-based clients and financial institutions, as well as accountancy firms and fiduciary service providers. Athos Demetriou and Anna Skouri lead the group, which has a proven track record of working with international law firms on a regular basis on major cross-border deals.

Practice head(s):

Testimonials

‘Athos Demetriou is a skilled professional, who is approachable and provides practical advice.’

‘Currently, in Cyprus, we work exclusively with Athos Demetriou Associates LLC; this is a testament to the professionalism of Athos Demetriou and his team. They are always very responsive in our dealings with them, and they consistently provide practical advice. Specifically, Athos Demetriou, the founding partner, understands the financial services sector in detail and he is also commercially minded.’

‘Athos Demetriou Associates LLC stands out because of its expertise and pragmatic, hands-on approach when dealing with a range of commercial and corporate matters. Also, they monitor both domestic and international developments to alert their clients.’

‘Excellent team with specific and specialised knowledge of the industry they are servicing.’

‘Personalised service and deep knowhow of the specific areas of the law. Athos Demetriou – vast know-how, commercial awareness, understanding of client business, business acumen and practical approach.’

‘One of the major advantages working with the team is the reliable and confidential service, as well as the deep knowledge of the material.

‘The firm has good networking relationships and Athos himself is a good communicator and readily available. Both Athos Demetriou and his team are always accessible, with a customer friendly approach and a deep understanding of the broader financial sector. Anna Skouri is also a valuable member of the team. All members are very knowledgeable and work well together as a team.’

‘Athos Demetriou Associates LLC’s team of lawyers has extensive experience of handling complex and sophisticated cases and transactions and deliver real value to their clients. They possess the knowledge and expertise to tackle demanding and complex transactions in an efficient, effective and professional manner. Athos Demetriou and Anna Skouri stand high for their professional standards and integrity. The whole team is dedicated in providing high quality legal services. They have the expertise and they pay attention to detail.’

Key clients

FxPro Financial Services Ltd

BDO Ziv Haft

ALTER DOMUS (CYPRUS) LIMITED

Clifford Chance LLP

Mashav Energia Group

STONEX Group

Meteor Motortech Kereskedelmi Kft.

Investors Compensation Fund (CySEC)

Tech con gROUP

MAP S. Platis

TREPPIDES INVESTMENTS Limited

FXCM GROUP

hlb (cyprus) limited

PERMIRA (GUERNSEY) LIMITED

Cyta Employees Pension Fund

Simpson Thacher & Bartlett LLP

ENGIE UK & IRELAND

Integrated Casino Resorts Cyprus Limited

YUVAL ARON & ASSOCIATES

stronde limited

F1 MARKETS LTD

Hoch Capital Ltd

KC Firiakis Ltd

LATOMIA PHARMAKAS PLC

Herzog LAW FIRM

IFCM CYPRUS LIMITED

MELLIUS GROUP OF COMPANIES

Work highlights

  • Advised FxPro Group Limited on restructuring and reorganisation matters and all management and regulatory issues of the group and also on commercial and corporate issues to assist the group to face the emerging challenges of Covid-19.
  • Engaged by StoneX Group to act as the Cyprus legal advisers to assist with all regulatory issues and provide legal support following the recent group restructuring.
  • Acting as the Cyprus lawyers of Tech Con Group of Companies on reorganisations and corporate and commercial issues.

Cyprus > Dispute resolution Tier 5

Athos Demetriou Associates LLC acts for a mix of domestic and international corporates, as well as financial institutions. In addition to representing clients in litigation, it also assists clients with resolving disputes through the use of mediation. The firm also provides specialised advice on regulatory and compliance matters. Athos Demetriou has a particular focus on regulatory disputes. Another key individual is George Ktorides, who has considerable expertise in advising clients on GDPR compliance.

Testimonials

‘What we value most in our collaboration with them is their professionalism, expertise and human approach. We have worked with Mr Athos Demetriou for dispute resolution matters. Athos is very experienced. He is always accessible and responsive. He has the way of closing the cases with all the stakeholders being satisfied.

‘Currently, in Cyprus, we work exclusively with Athos Demetriou Associates LLC. The reason for this is their in-depth legal knowledge, prompt reactions and human approach; all these add up to a great service. Athos Demetriou Associates LLC stands out because they give clear, confident and pragmatic advice.’

‘Personalised service and deep know-how of the specific areas of the law. Athos Demetriou vast know-how, commercial awareness, understanding of client business, business acumen and practical approach.’

Key clients

eToro Group Limited

eToro (Europe) Limited

IOS Investments Ltd

Arvis Capital Ltd

Mount Nico Corp. Ltd

OBR Investments Ltd

A.D. Compliance Services LTD

IGM Forex Ltd

Exness (Cy) Ltd

Nymstar Ltd

Capital Securities S.A.

Forex TB Ltd

Rodeler Ltd

Banc de Binary Ltd

Hoch Capital Ltd

Royal Forex Ltd

ATFX Global Markets (CY) Ltd

F1Markets Ltd

Magnum FX (Cyprus) Ltd

Astrobank Ltd

Autotechnica (Cyprus) Ltd

Alter Domus (Cyprus) Ltd

HLB Cyprus Ltd

FXPRO Financial Services Ltd

Zerich Securities Ltd

SAFECAP Investments Ltd

Bitconvert Ltd

Investor Compensation Fund (CySEC)

K.Treppides & Co Ltd

Work highlights

  • Instructed by Bitconvert Ltd to bring an action and seek interim injunctive measures against a Cypriot EMI.
  • Instructed by AstroBank Ltd to initiate and handle actions against defaulting clients, including bringing actions, initiating bankruptcy proceedings and handling the execution of judgments.
  • Instructed by eToro Group Ltd to bring an action and seek interim injunctive measures against a network of individuals and legal persons who have conspired to defraud the company.

The firm: Athos Demetriou Associates LLC is a full-service commercial law firm which provides professional advice of the highest standards to international and local clients. The team of lawyers have extensive experience in handling complex cases and transactions and can deliver efficient, effective and highly diversified advice in a number of areas.

The firm has strengthened its footprint in the Cypriot financial services market with the legal representation and counselling of a number of Cyprus investment firms and alternative investment funds and it is considered as being among the market leaders in the field. It has also strengthened its network of professionals with regards to commercial, corporate and M&A issues.

The firm takes pride in its strong reputation in the banking and finance, and commercial areas of practice with consecutive commendations in the fields while also offering an expanding litigation and dispute resolution practice.

In the years since its founding the firm has continuously grown, bringing together the expertise of highly experienced, motivated, ambitious and innovative lawyers and consultants and the skill of competent administrative personnel, reflecting the firm’s overall growth and expansion owed to the support and trust of its clients.

Areas of practice: Banking and finance: the firm provides advice to multinational and domestic clients on complex assignments specialising in syndicated and non-syndicated bank financing as well as lending, restructuring and reorganisation. The firm regularly receives instructions and co-operation mandates from international law firms.

Financial services: the firm’s practice in the Cypriot financial services market is one of the largest, with many leading Cyprus investment firms and alternative investment funds trusting the firm for the deep market knowledge and experience of its team. The firm advises such investment firms on various corporate, transactional, regulatory and compliance matters. In addition, Athos Demetriou has represented a number of those clients before the courts and the regulator.

Commercial, corporate and M&A: the firm provides advice to multinational and domestic clients in all matters relating to corporate and commercial law, joint ventures, mergers and acquisitions, venture capital investments as well as commercial litigation. Anna Skouuri represents clients on matters relating to shareholders’ disputes, liquidation proceedings, cross-border transactions and derivative actions with an experience in cross-border mergers and acquisitions, asset financing transactions, debt restructuring and international trusts.

Litigation and dispute resolution: the firm has an expanding litigation and dispute resolution practice offering representation and advice in matters concerning disputes, litigation and arbitration processes in Cyprus at all stages and for a wide range of areas, including inter alia corporate, banking, construction and general civil and criminal litigation. George Ktorides represents and advises network investment firms in the resolution of disputes arising from client complaints and other regulatory matters.

Tax and international tax planning: the firm provides a wide range of domestic and international tax advice to companies and individuals including advice on the structuring and execution of transactions and strategic tax planning and advises domestic and international clients on using Cyprus companies and/or in doing business in or via Cyprus.

Trusts and estate planning: the firm advises high-net-worth individuals, families, private banks and trust companies on all aspects of Cyprus trust law, offering advice on taxation, estate planning needs, trust formation, and administration and offers trustee services and drafting of wills.

Real estate and immigration law: the firm offers services in all matters relating to real estate, immigration law, citizenship applications, immigration permits, permanent residence permits and employment permits including drafting and negotiating sale agreements and acquisition of property by non-EU citizens.

DepartmentNameEmailTelephone
Banking and finance
Corporate and commercial
Tax
Mergers and acquisitions
Trusts
Immovable property
Immigration
Financial services
Funds
Regulatory
Intellectual property
Litigation
Insolvency
Number of lawyers : 6
English
Greek
Russian
Cyprus Bar Association
International Bar Association