Firm Profile > A.G Erotocritou LLC > Limassol, Cyprus

A.G Erotocritou LLC
1 ARCH. KYPRIANOU & AYIOU ANDREOU CORNER
LOUCAIDES BUILDING, 6TH FLOOR
3036 LIMASSOL
Cyprus

Real estate and construction Tier 2

A.G Erotocritou LLC has ‘a very solid real estate practice in the public and private sectors’ and ‘extensive experience in working with key real estate investors’. The group focuses on international transactions: its notable work includes the construction of skyscrapers, the implementation of large-scale projects including the construction of five-star hotels and industrial parks, and the provision of advice on real estate matters to high-net-worth individuals from various jurisdictions. The team is led by Alexis Erotocritou, who is ‘one of the most highly distinguished lawyers, with exceptional experience in real estate transactions’.

Practice head(s):

Alexis Erotocritou

Testimonials

‘The firm has a very solid real estate practice in both public and private sectors. I am aware the real estate and construction team has extensive experience in working with key real estate investors as well.’

‘Alexis Erotocritou is one of the most highly distinguished lawyers, with exceptional experience in real estate transactions.’

‘Alexis Erotocritou is a highly proactive and dedicated expert with particular in-depth knowledge in real estate and banking & finance legal matters.’

‘The firm consists of qualified lawyers who are very consistent and very professional. Their team has the ability and know-how to assist clients with all legal procedures for buying or selling a property.’

‘Andreas Erotocritou and Alexis Erotocritou have the know-how for any legal case or business transaction and are willing to push a colleague a step further for a client by sharing their knowledge, passion and interest for achieving the best result.’

Key clients

Patroclos Group

AAS

RPT Group

Johnsof

Unicredit Bank

Iktinos Group

Eureka

Primetel

Asia Pacific Bank (APB)

Dispute resolution Tier 3

A.G Erotocritou LLC’s main focus is handling applications for interim injunctive relief and the appointment of interim receivers, usually for international banks, financing institutions, investment firms, or multinational corporations. It receives a steady flow of such instructions from local and international law firms. Andreas Erotocritou heads the practice, which attracts praise for its ‘practical experience and knowledge of the various nuances of litigation both in Cyprus and in other countries’. Antreas Koualis was recently promoted to the partnership.

Practice head(s):

Andreas Erotocritou

Testimonials

‘The team always took the initiative – warned about possible difficulties during court hearings; offered various options for solving a particular problem with a detailed description of the positive and negative sides of each option, anticipating our requests; directed us at difficult moments in litigation by giving valuable advice. Their practical experience and knowledge of the various nuances of litigation both in Cyprus and in other countries is impressive.’ 

‘Andreas and Alexis Erotocritou are excellent specialists, professionals. We believe the strengths of both representatives are the combination of strong theoretical background in the field of law and extensive practical experience, attentive attitude to the clients and their needs.’ 

‘Andreas Erotocritou is an excellent lawyer who is commercial in his outlook and who is creative in pushing the legal boundaries.’ 

‘As with banking, the dispute team of the firm is very strong. They have frequently large disputes for which we open client accounts via the bank as part of the litigation. They are very professional litigators with excellent reputations.’

‘Andreas Erotocritou and Antreas Koualis are two great litigators.’ 

‘Highly qualified dispute resolution team, which can react immediately to solve a problem. They have very good knowledge of Cyprus court proceedings and can propose effective protection strategy in any dispute.’ 

‘Andreas Erotocritiou is fantastic dispute resolution lawyer. Protection strategies proposed by Andreas were always correct and effective. Good knowledge of Cyprus law and court proceeding allows him to propose winning court strategies and we always feel secure when he handles our cases.’ 

Key clients

Primetel plc

Cyprus Shipping Association

KPMG

Maximos Group

Gevorest

RPT Group

Asia Pacific Bank (APB)

Alter Domus

RCB Bank

Commercial, corporate and M&A Tier 4

A.G Erotocritou LLC is 'involved in many large-scale projects’ and the team provides a ‘personal service’. The group focuses on restructurings and shareholder agreements, as well as handling wider corporate and commercial matters. Clients stem from the food and drink, agriculture, and real estate sectors. Practice head Alexis Erotocritou’s ‘experience in corporate finance work is indisputable’.

Practice head(s):

Alexis Erotocritou

Testimonials

‘Alexis Erotocritou heads up the corporate team at the firm. His knowledge and experience in corporate finance are indisputable.’

‘The firm is involved in many large-scale projects in Cyprus. They can lead any project no matter how complex. They provide a personal service and any referral can feel safe about the quality.’ 

‘Alexis Erotocritou – one of the best lawyers in Cyprus in this sphere.’

‘Highly professional team with great experience in Cyprus and English corporate law issues. They can effectively solve all legal issues. Standards of work comply with international law firms standards. ‘ 

‘Alexis Erotocritou is brilliant in corporate law and M&A. He assisted during a complex international debt restructuring project and helped to solve difficult legal problems at the interface between Cyprus, UK and BVI law.’

Key clients

Eureka

Cyprus Shipping Association

Asian Pacific Bank

Rezidor Group (Radisson Hotels)

Raiffeisen Bank

AAS

RPT Group

RONIN

Marsh

Johnsof

Banking and finance Tier 5

At A.G Erotocritou LLC, the ‘versatile’ banking and finance team receives instructions from myriad multinational clients and international law firms on non-contentious, advisory, and litigation matters. Project financing, complex restructuring, securitisation, derivatives, and day-to-day advice constitute the bulk of the firm’s workload. Practice head Andreas Erotocritou stands out for ‘being an exceptional strategic thinker’, with an ‘extensive track record in working with financial institutions internationally’.

Practice head(s):

Alexis Erotocritou

Testimonials

‘We are very satisfied with the responsiveness, patience and general professionalism of the Erotocritou team.’ 

‘Partner Alexis Erotocritou is very responsive, and a person easy to work with. Elena Papangelodemou is very helpful, diligent and attentive.’ 

‘This team is very versatile in their banking and finance expertise. They provide not only a high quality service but also they work closely with their clients which allows them to provide a service that is adapted to each client’s particular business needs.’ 

‘Alexis Erotocritou stands out for being an exceptional strategic thinker that has an incredible ability to identify any possible shortcoming at an early stage of a matter. Alexis has an extensive track record in working with financial institutions internationally.’ 

‘Alexis Erotocritou and Andreas Erotocritou are both leading lawyers in Cyprus.’

‘A.G Erotoxritou LLC consists of hard working lawyers who operate as a team to deal with every legal matter. Their professionalism goes beyond their clients’ expectations and they always aim to achieve the finest results.’

‘Andreas Erotocritou and Alexis Erotocritou’s professionalism, organisation and ways of thinking are unique, making their firm one of the most exciting and promising for future clients.’

Key clients

Eureka

Cyprus Shipping Association

Asian Pacific Bank

Rezidor Group (Radisson Hotels)

Raiffeisen Bank

AAS

RPT Group

RONIN

Marsh

Johnsof

The firm: A.G. Erotocritou LLC is a dynamic law firm advising on non-contentious, advisory and litigation matters. The firm has firmly established itself as a “top tier” leading law firm in Cyprus, having cultivated an unrivaled reputation for excellence, with an impressive track record and an all-embracing legal service capability, underpinned by an acute sense of commercial awareness. The firm’s achievements have been duly recognised and endorsed by selected international legal directories such as Chambers and Partners, Legal500, IFLR, WhosWhoLegal and Client Choice / International Law Office. Among others, the firm has been recognised as “an exception in the Cyprus market where everyone does everything”, a firm which “is always there for the client” and has “all the professionalism you would expect from a large international firm”.

A.G. Erotocritou LLC offers specialist services, embracing diverse legal disciplines and practice areas, with regard to which all work is executed in a flawless and transparent manner. Unlike many of the firm’s larger-in-size counterparts in the legal domain, A.G. Erotocritou LLC adopts a refreshingly personalised approach and is geared to achieving effective co-ordination and planning. This in turn ensures timely turnaround/delivery times, cost-effective strategies, reliability and client accessibility – key factors which contribute and are crucial to the firm’s overall operational efficiency.

A.G. Erotocritou LLC strives to cultivate close working relationships with those to whom it renders legal or associated services, ranging from large international law practices, banking institutions, multinational corporations, non-profitable associations, private individuals, public/private companies, partnerships, sole proprietorship, joint ventures, clubs, trusts, funds and other industrial/commercial entities and business structures which constitute the firm’s varied and extensive client portfolio.

In alignment with the constantly developing international legal environment, we have intentionally developed our specialisation towards providing high-quality, comprehensive legal support to specific legal sectors with a strong focus on corporate and commercial litigation & arbitration, banking and finance, corporate and m&a, corporate restructuring and insolvency, shipping, real estate, data protection, tax planning and private client (including citizenship law and immigration) professional services.

In an effort to remain at all times conflict-free, maintain its specialisation and be able to act in complex commercial disputes and transactions, A.G. Erotocritou LLC does not act as a trustee company by way of provision of corporate administration or nominee services. This is in contrast with the vast majority of law firms that are active in the sectors of dispute resolution, corporate, and banking and finance. Moreover, the firm does not act for and on behalf of local banking institutions on fix retainer agreements, in order to ensure it remains conflict-free and so as to focus on purely legal work.
In order to be able to provide service of the highest qualitative standards, A.G. Erotocritou LLC does not “deal with every case”; hence, only a limited number of engagements are accepted, to ensure that the exclusive clientele of the firm enjoys responsiveness and service  consistent with leading international firms and the highest standards of the profession.

Awards:
Over the recent years, A.G. Erotocritou LLC has been singled out and recognised by all leading directories, including Legal500, Chambers & Partners, IFLR and Who’sWhoLegal, for providing legal services of outstanding quality and for delivering efficient, practical legal advice.

Legal 500: The firm has been recognised for various consecutive years (in dispute resolution, real estate, corporate, commercial, banking and finance) as a leading firm in Cyprus and special praise was made to selected individuals within the firm.

Chambers & Partners: The firm has been recognised as a Tier 1 firm in Cyprus in HNW and a leading firm in dispute resolution and real estate. At the same time, individuals within the firm have also been recognised among the leading practitioners in Cyprus at the above-mentioned sectors.

IFLR: For many consecutive years, the corporate/commercial department of the firm has been recognised by IFLR as one of the 16 leading firms in Cyprus.

WhosWhoLegal: Our team members have been consistently recognised among the leading practitioners in Cyprus and, inter alia, in the sectors of litigation, banking, finance, real estate and asset tracing.

Client Choice/ ILO (International Law Office): We have been recognised as a leading firm in Cyprus and team members as leading litigators in the country.

Clientele:
The firm is proud to count some of the largest international law firms and banking institutions, high-net-worth individuals and various notable conglomerates around the world as its clients. On a domestic level, the firm also advises and regularly represents various banking institutions and corporations, public authorities as well as prominent non-profitable associations.

Business growth:
The firm has managed to launch itself strongly in the Cypriot market and through the reputation, expertise and the dedication of its members, it has been involved in a considerable number of cross-border transactions and cases of significant magnitude and scale. This is not only a testament to the calibre of our services and the hard work we put into every individual case, but also to the trust our clients place in us and the quality of our work.

Recruitment:
The firm has rigorously implemented a business model similar to that of the most prominent U.S. and U.K. international law firms; hence, A.G. Erotocritou LLC has allocated significant resources in recruiting and maintaining talented lawyers in order to secure its ability to deliver the same level of services in the long-term. A structured multi-stage selection process is undertaken for all candidates, evaluating merit and ethos as key criteria for recruitment. All members of the A.G. Erotocritou LLC legal team are US or UK graduates, have outstanding academic credentials and possess exceptional research, communication, negotiation, organisational and interpersonal skills, which not only complement their in-depth knowledge of Cyprus law, but serve as indispensable resources in their ability to undertake complex international/cross-border legal issues.

Areas of practice:
Banking and finance: the firm has consistently maintained an impressive track record in dealing with high-profile transactional, regulatory and dispute resolution issues and is systematically geared to offering specialist banking and finance services to a dedicated client base which embraces multinational organisations, institutional investors, commercial, retail and investment banks and high net-worth individuals.

Corporate/M&A: the firm provides comprehensive, accurate, and specialised legal advice on all aspects of domestic and international business. A.G. Erotocritou LLC is proud to count some of the largest multinational organisations and financial institutions whom we advise on an impressive variety of corporate and M&A transactions (both domestic and international cross border).

Data Protection: the firm provides data security, sophisticated data management and related advice. A.G. Erotocritou LLC is conscious of the fact that a robust and systematic policy for safeguarding information is an invaluable requirement for inspiring the trust and confidence of those persons whose data has been made available for a designated purpose and who have an unequivocal legal right to pre-empt its unauthorised use. The experienced team members of A.G. Erotocritou LLC are actively involved in their local compliance culture and have successfully worked together in recent years to assist a plethora of local and international clients.

Dispute Resolution: constantly ranked by leading international directories, the firm’s litigation team has particular expertise in handling high-value, complex cross-border disputes, injunctions and other interim measures, and regularly represents multinational corporations, financial and banking institutions and individuals in a wide range of cross-border commercial and corporate litigation. A.G. Erotocritou LLC is equally active in international and domestic arbitration.

Financial Services and Products: the firm, having worked with some of the largest players in the industry, both from the legal and international stage, is highly experienced on all matters relating to the regulatory compliance of banks, investment firms, asset managers, funds and other market participants, whether dealing on a client or counter-party basis. A.G. Erotocritou LLC’s specialist team’s in-depth knowledge and understanding of the markets, combined with its relationship with the regulators, allow it to assist in proactively advising on the regulatory horizon in Cyprus.

Immigration: the firm’s specialised immigration team has an outstanding and impressive record of successfully dealing with all aspects and types of immigration law, and in particular on citizenship applications (as a result of an investment in Cyprus pursuant to the Naturalisation Scheme but also, on the basis of the years of residence in the Republic). Moreover, A.G. Erotocritou LLC has expertise in dealing with other immigration issues such as temporary and permanent residence permits, employment permits and visas.

Private Client: the firm’s multi-awarded department offers an all-embracing range of services to HNW and UNHW individuals, encompassing a broad cross-section of contentious and non-contentious matters, which may require the intervention and involvement of several legal disciplines. A.G. Erotocritou LLC has advised a plethora of high-net-worth individuals in relation to their investments in Cyprus, including investments in real estate and financial assets.

Real Estate: the firm is actively engaged in all aspects of legal work pertaining to the real estate sector. A.G. Erotocritou LLC provides advice to real estate companies and developers, private and public bodies, private individuals, investors, lenders, contractors and property-owning institutions and assists and advises in the purchase and sale of both commercial and residential property and of other development projects.

Restructuring & Insolvency: the firm is highly specialised in complex multi-jurisdictional restructurings and insolvencies with dedicated resources in the key European jurisdictions. A.G. Erotocritou LLC offers practical and commercial advice on a full range of contentious and non-contentious issues encountered in restructurings and insolvencies. The firm’s team has acted as trusted advisors and has regularly represented high profile stakeholders, corporate debtors experiencing financial difficulties to lenders, insolvency officers, lender creditors, leading multinational financial institutions, accountants and financial advisers.

Shipping, Admiralty and Marine Insurance: the firm has played a key role in dealing with a broad range of matters associated with the shipping industry, a vibrant domain wherein the firm’s advice and expertise is sought by a diverse client base which includes banks, financial institutions, ship owners/managers, charterers and insurers/P&I clubs. Aside from undertaking litigation work which entails the representation of clients such as ship owners, importers, charter parties, insurance companies and others, A.G. Erotocritou LLC’s specialised areas of practice in this domain entail the provision of advice in relation to matters concerning ship management, the building and sale of vessels, registration requirements, shipping finance and marine insurance.

Technology and E-commerce: the firm is highly experienced in the technology and e-commerce sectors, having  worked with some of the biggest names in the e-commerce industry including retail platforms in fashion, technology giants and luxury goods manufacturers. A.G. Erotocritou LLC’s specialised team acts as a one stop shop for all that is technology and e-commerce relation, and is often instructed to offer guidance on how to best structure clients’ digital presence to address their particular commercial needs and ensure compliance with e-commerce and other relevant legal frameworks.

Department Name Email Telephone
Dispute Resolution Andreas Erotocritou andreas.erotocritou@erotocritou.com +357 25370101
Corporate & Commercial Alexis Erotocritou alexis.erotocritou@erotocritou.com +357 25370101
Photo Name Position Profile
Mr Grigoris Sarlidis  photo Mr Grigoris Sarlidis
Number of lawyers : 12
At this office : 10
English
Greek
French
Chinese
Russian
Ukrainian
Spanish
Finnish
Chartered Institute of Arbitrators MCiArb
Cyprus Bar Association
European Employment Lawyers Association
International Association of Young Lawyers
International Bar Association
International Lawyers Association (AEA)
Commercial Litigation Association
ILO
Youngship
Shiparrested
Other offices : Athens

Instructed to prepare and promoted the highly contested and largest-ever in the country $700million debt restructuring while simultaneously defending 14 high-value court cases brought by opposing creditors, the majority of which entailed opposing high value injunctions and setting-aside a receivership order.

Instructed to oppose the recognition and enforcement of an arbitral award in Cyprus, issued by the LCIA in London, in relation to a global dispute between a Russian energy company and a German utility provider, in relation to an investment the value of which exceeds $1.4billion. The case was described by the Financial Times, as “the biggest oligarch legal battle in the US”.

The firm has been the selected tenderer (together with its partners) by the Government of Cyprus, Ministry of Finance in relation to an extensive due diligence exercise on OPAP (Cyprus) Ltd (part of OPAP Group, a listed company in the Athens Stock Exchange) in order to assess the suitability of the license to be granted to the latter for the provision of certain gaming services in Cyprus. The tender (and due diligence exercise in general) is considered as one of the largest and most extensive ones to have been ever entrusted by the government for a single entity.

Our firm was instructed by a leading international group to advise, handle and implement the construction of a large residential seaside tower in Cyprus.

Acted for Radisson in relation to the franchise/establishment of Radisson Blu Hotel in Cyprus.

Advised an ultra-high-net-worth individual in the restructuring of the entire wealth of his family, with assets worth over €80million.

Instructed and advised a company listed in the Athens Stock Exchange in relation to the acquisition of a multi-million worth asset from the seller, a company listed in the AIM Market of the LSE.

Instructed to act in the $840million dispute over the privatisation of a large Ukrainian telecom provider, which involved parallel proceedings in London, Cyprus and Ukraine.

Offered advice in relation to the assignment/transfer of various plots – in the first place, and subsequent sub-lease of the same to Halliburton prior to the development and construction of various offices, warehouses/workshops to be used by Halliburton for energy related purposes. The deal, which received massive publicity locally and internationally, was one of the first ever developments in the energy sector in Cyprus and opened the doors for further investments in the country’s energy sector.

Instructed by a Russian bank to file proceedings in Cyprus in relation to guarantee agreements, securing obligations for loan exceeding RUB 4 billion and handle the international coordination of the litigation.

Instructed by a leading international firm and undertook an extensive due diligence on various entities with assets of significant value, part of a large corporation which has its shares listed in the London Stock Exchange.

Currently advising an ultra-high-net-worth individual in relation to the establishment of a 5* hotel in Cyprus and the construction of a luxurious residential tower and villas.

Acted for the lenders on the refinancing of a $600million secured facility to one of the largest agricultural companies of Eastern Europe. 

Advised a leading European Bank in relation to the finance and regulatory related issues in connection with the financing of a prominent CIS Group.

Advised a leading international bank on its credit facility exceeding $85million to a local entity, a joint venture between two large corporation, which involved, inter alia, an extensive security package under both Cyprus, English and Russian law.

Instructed by an international bank to advise on the rights stemming from the enforcement of a pledge over the shares in a multinational group, which eventually lead to the sell-off of the assets of the Group, exceeding $300million.

We acted for one of the leading global diversified metals resource companies in relation to a complex corporate transaction comprising various jurisdictions.

We acted in the dispute between the owners of one of the largest oil refineries globally; a number of injunctions were issued by the District Court of Nicosia in aid of ongoing arbitration proceedings and the firm, had been instructed to oppose the injunctions (matter in value exceeded $200million). Following an inter-partes Court hearing, the injunctions were subsequently, successfully cancelled. 


CLIENT: Bowei Lee

COMPANY/FIRM: Chairman of LCY Technology Corp & LCY Chemical Corp

TESTIMONIAL: The firm members are passionate lawyers who really care about the interest of the clients. I am happy to work with the team.


CLIENT: Charles Hewetson

COMPANY/FIRM: Partner at Reed Smith

TESTIMONIAL: I have known Alexis and Andreas Erotocritou for a number of years.  I have always found them to be very easy/pleasant to deal with and knowledgeable on substantive and procedural issues under Cypriot law.  They are my first-choice advisers for corporate, finance or litigation issues arising in Cyprus.


CLIENT: Manuel Lorenz

COMPANY/FIRM: Partner and Head of German Capital Markets Practice Group, Baker & McKenzie

TESTIMONIAL: We worked on a complex corporate matter and were impressed by the responsiveness of the firm and the clarity of the advice we received.


CLIENT: Thomas Trueb

COMPANY/FIRM: Founder/President of Dariu Foundation

TESTIMONIAL: I prefer working with A.G. Erotocritou LLC as they have thorough industry knowledge and are focused in delivering results. They work promptly and efficiently by focusing on the needs of the project and the particular situation.


CLIENT: Costas Joannides

COMPANY/FIRM: CEO at Marsh (Cyprus)

TESTIMONIAL: The dynamic team of legal advisors of A.G. Erotocritou LLC is ready to assist on a 24/7 basis. Their work is excellent and has proven to bring success to their partners and clients.


CLIENT: Paul Donovan

COMPANY/FIRM: Director – Wealth Management International Private Banking at Arbuthnot Latham & Co

TESTIMONIAL: The team at Erotocritou Legal Consultants has been known to Arbuthnot Latham & Co. since opening its Dubai operations in 2013. Our Private Clients often have complex requirements spanning numerous legal jurisdictions. The team at Erotocritou conduct themselves with the utmost professionalism and have always provided extremely clear and effective advice when consulted. They tailor solutions specific to the needs of their clients and offer a truly personalised service. Erotocritou are a valuable member of Arbuthnot Latham’s panel of legal professionals.


CLIENT: Tassos Frangou

COMPANY/FIRM: Group Executive Director at Dalbit Group

TESTIMONIAL: I would like to express my gratitude for the services that I had the pleasure of receiving by your firm.  Over and above excellent legal advice, professionalism, and timely support, your services included unprecedented integrity and protected the interests of our organization beyond the standard legal framework.


CLIENT: Costas Zoidis

COMPANY/FIRM: Senior Claims Executive for Thomas Miller (Hellas) Ltd (UK P&I Club)

TESTIMONIAL: A.G. Erotocritou LLC is a fully qualified and reasonably priced boutique law firm combining high expertise, efficiency, and immediate response.


CLIENT: Ilshat Timeryanov

COMPANY/FIRM: Chief Legal Advisor at Lukoil (Iraq)

TESTIMONIAL: A.G. Erotocritou LLC is a dynamic and responsible firm with a good expertise and lawyers are always responsive and ready to help with any complicated issue that may come up.


CLIENT: Cui Bin

COMPANY/FIRM: Deputy General Manager at Kingenta

TESTIMONIAL: We have worked with A.G. Erotocritou LLC and we have impressed by the firm’s responsiveness, industry knowledge, professionalism and dedication; the firm has produced excellent results for our company.