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ARTICLE · 18 JULY 2016

Litigation Success | Interim Orders & Prohibitory Injunctions

AGPLAW | A.G. Paphitis & Co. LLC
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The AGP Litigation Team applied successfully to the District Court of Nicosia to obtain interim relief in aid of Court proceedings currently in progress.

CyprusCorporate/Commercial Law
AGP Law/ A.G. Paphitis & Co. LLC
AGP Law/ A.G. Paphitis & Co. LLC
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The AGP Litigation Team applied successfully to the District Court of Nicosia to obtain interim relief in aid of Court proceedings currently in progress.

The application was submitted against a Cyprus Company and its Shareholder (Respondents) for violation of an agreement with our client, an Egyptian Strategic Investor who has been contracted to participate as investor and major shareholder of the Respondent Company in order to succeed a tender issued by the Ministry of Energy, Commerce, Industry and Tourism of Cyprus ("MECIT") for the construction of a new Yachts Marina in Eastern Cyprus.

Our client (Applicant) has a claim on the shares of the aforementioned Cyprus Company (Respondent) on the basis of the concluded private agreement.

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