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ARTICLE · 24 OCTOBER 2022

Market Intelligence Thought Leadership Award Winner

Litigation Success | Civil Dispute

AGPLAW | A.G. Paphitis & Co. LLC
AGPLAW | A.G. Paphitis & Co. LLC
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AGPLAW | A.G. Paphitis & Co. LLC

AGPLAW | A.G. Paphitis & Co. LLC

Established in 2006, AGPLAW is a full-service, award-winning and committed to excellence law firm...

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On September 30th, 2022 we successfully obtained a judgment in favour of our client, against two judgment debtors

CyprusLitigation, Mediation & Arbitration

On September 30th, 2022 we successfully obtained a judgment in favour of our client, against two judgment debtors that have been attempting to circumvent the repayment of a loan since 2013.

After the original court judgment ordering them to repay the loan, the debtors proceeded with transferring their immovable property in an attempt to fraudulently impede or delay our clients from recovering the debts by registering an encumbrance or applying for the sale of the said properties. The litigation battle lasted for 10 years before the District Court of Limassol, and has now ended successfully for our client after the judge ruled that the debtors had indeed transferred their immovable property in an attempt to hinder our clients from recovering their dues, whilst deeming the registration of the properties to the new owners as a fraudulent one. The court issued an order for the cancellation of the fraudulent transfers and re-registration of the same onto the name of the

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