A promissory note is an unconditional promise made in writing by one person to another signed by the maker, engaging to pay on demand or at a fixed or determinable future time, a sum certain in money, to, or to the order of, a specified person or to bearer, as defined the Bills of Exchange CAP 262, Part IV Promissory Notes (the "Law"), s. 83 (1).

Courts in Cyprus – Where to bring your commercial dispute?

Cyprus and India have long maintained close and friendly bilateral relations, progressively strengthening their economic, scientific, and technical cooperation.

Cyprus is strategically located in the Eastern Mediterranean at the crossroads of Europe, Asia and Africa.

When drafting a software contract it is important to understand the specifications and use of the technology in question, otherwise the client and the lawyer will not get it right...

In today's legal and commercial landscape, disputes involving asset transfers often pose significant challenges, particularly when creditors face efforts to evade obligations.

Swiss Franc loan contracts involved thousands of borrowers in default both in Cyprus and other Balkan and European countries.

Cyprus has increasingly become an attractive destination for investment, offering diverse opportunities across various sectors.

On 12 May 2022 the Cyprus Parliament enacted a law establishing a Commercial Court and a Admiralty Court in Cyprus. In the present article, we focus on the Commercial Court.

The recent outbreak of COVID-19 epidemic is currently affecting Cyprus, Europe and is becoming an emergency in most other regions of the globe.

Under the Law on International Commercial Arbitration of 1987 (101/1987), the recognition and enforcement of foreign arbitral awards in Cyprus are governed by specific terms and conditions designed to ensure.

Article V of the protocol to the Cyprus-Russia double tax agreement, which entered into force on January 1 2013, amended the definition of 'dividends' as set out in Article 10(3) of the agreement.

The purpose of an entire agreement clause (EAC) is to convey in an unequivocal manner that the written contract in which it is incorporated, solely encompasses what has been agreed ...

Guarantors of bank contracts are among the most vulnerable parties of personal legal transactions.

The sham doctrine has been inter alia applied by courts to lift the corporate veil of a limited liability company, to declare agreements as void ab initio, to determine whether a trust is a sham etc.

Following the Ukraine office, REVERA law group has opened an office in Cyprus to provide services to technology companies in business-efficient jurisdictions.

The principal sources of law and regulation governing the registration and protection of trademarks in Cyprus are the Cyprus Trademarks Law, Cap. 268 and the Trademarks Regulations, as amended.

Buying property in Cyprus can turn into a nightmare without the proper guidance and support from an experienced Cyprus Property lawyer.

What do we learn from our daily insistence to reject any idea we may have but never implement?

PKF Cyprus Nicosia office is excited to announce the launching of PKF Cyprus legal services division.