Mr Costas Stamatiou > Elias Neocleous & Co LLC > Limassol, Cyprus > Lawyer Profile

Elias Neocleous & Co LLC
NEOCLEOUS HOUSE, 195 MAKARIOS III AVENUE, 1-5TH
LIMASSOL, CY-3030
Cyprus

Work Department

  • Admiralty and Shipping
  • Corporate and Commercial
  • Litigation and Dispute Resolution

Position

Partner

Career

Costas has extensive experience in corporate, commercial, finance and shipping law matters and associated litigation. He has been a member of the shipping committee of the Cyprus Bar Association since 2010 and also acts as a visiting lecturer at a local university. He is a Licensed Insolvency Practitioner.

Costa’s further experience is as follows:

  • Advising a leading international bank on the debt restructuring of a major Cyprus based ship owner and operator
  • Advising the receiver of a group of companies in relation to preferential payments and sale of assets
  • Acting for a client in multi-million debt recovery and ship arrest proceedings
  • Acting as local counsel of the Cyprus arm of a global container and logistics conglomerate and advising on disputes concerning the carriage of goods by sea.
  • Acting for a marine insurer in collision proceedings
  • Acting for a Swiss-based shipowner in relation to corporate and finance matters and registration of the fleet under the Cyprus flag
  • Acting for a bidder in the tender process for the privatization of the port of Limassol
  • Advising leading banks and financial institutions on finance, debt restructuring and securitisation
  • Advising on shareholder agreements and shareholder disputes
  • Advising in relation to commercial matters and disputes including the issuance of Mareva injunctions
  • Advising on white-collar crime including the tracing and freezing of assets
  • Advising in matters concerning financial institutions under special resolution

Languages

English,Greek

Memberships

Admitted to the Cyprus Bar in 2004

Licensed Insolvency Practitioner since 2015

Frederick University Cyprus (Special Teaching Staff)

Education

  • Graduated in law from the University of Wales, UK, 2001
  • LLM Legal Aspects of Marine Affairs, University of Wales, UK, 2002
  • LLM European Law, Bristol University, UK, 2003

Lawyer Rankings

Cyprus > Maritime and admiralty

(Leading individuals)

Costas StamatiouElias Neocleous & Co LLC

The admiralty and shipping department at Elias Neocleous & Co LLC, led by Costas Stamatiou, has an excellent track record in assisting banks, owners, managers, charterers, and cargo owners with a broad range of matters. Key areas of instruction include shipping litigation, often involving ship arrests, international arbitration, and admiralty proceedings. The team is also well known for working in tandem with international law firms to advise on issues concerning Cyprus registered entities and vessels. Other key practitioners to note are Vassilis Psyrras and Andreas Christofides.

Cyprus > Commercial, corporate and M&A

The ‘commercial, practical and very responsive’ team at Elias Neocleous & Co LLC garners praise for its ‘truly proactive approach’ and ability to ‘provide quick-fire advice under pressure’. Under the joint leadership of Elias Neocleous and Andrea Kallis Parparinou, it has an enviable position in the market for its strength in handling prominent public and private mergers and acquisitions, as well as complex restructurings, insolvencies, regulatory matters and corporate finance work. The group is also noted for advising on large cross-border matters for globally renowned corporates, high-net-worth individuals and ultra-high-net-worth individuals. Demetris RotiMichael Pelosi and Costas Stamatiou are prominent names in the practice.

Cyprus > Dispute resolution

(Hall of Fame)

Costas StamatiouElias Neocleous & Co LLC

Elias Neocleous & Co LLC has a stellar reputation in the dispute resolution space. The skilled team has particular expertise in the banking and finance sectors, and handles insolvency and asset tracing disputes. The group is frequently instructed by key international law firms, and handles a large volume of domestic litigation for financial institutions, insurance companies and investment firms. Contentious competition work is another key area of instruction. Chrysanthos Christoforou has an excellent track record in handling cross-border litigation and arbitration, and Costas Stamatiou has extensive experience in asset tracing and recovery cases. At a senior level, other names to note include Antonis Glykis, Anna DemetriouChristos Melides, Nicolas Tsardellis and Nikos Korogiannakis. Senior associate George Tsardellis is singled out for his contributions.