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© 2026 Legalease Ltd. All rights reserved

Registered company in England & Wales No. 02427356 VAT GB 321 5727 22

Registered address: 188 Fleet Street, London, EC4A 2AG

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  • Article

    Corporate Measures Undertaken By The Government In Response To COVID-19

    As part of the measures taken by the Cypriot government to support companies/businesses affected by the restrictive measures which have been imposed in order to contain the spread...
    CyprusCoronavirus (COVID-19)
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Enforcement Of Pledge Under Cyprus Law And The Statutory Obligation Of Pledgee, To Give Notice To Pledgor, For Its Intention To Sell The Pledged Shares

    A pledgee, even if the pledge agreement provides that it can proceed to sell the pledged shares, without any prior notice to the pledgor, is obliged under Section 134 of Contract Law CAP. 149...
    CyprusCorporate/Commercial Law
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    English Guidance On Which Companies Can Be Considered As "quasi Partnerships".

    The leading English case on the above issue is the famous case EBRAHIMI -V- WESTBOURNE GALLERIES LTD (1973) AC 360, in which it has been inter alia held...
    CyprusCorporate/Commercial Law
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Locus Standing Of Shareholder To Petition The Winding Up Of His Company, On The Just & Equitable Ground

    Cypriot Courts have used English case law as guidance, on deciding on the above issue, including the following leading cases.
    CyprusCorporate/Commercial Law
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Powers Of Pledgee, Under Cyprus Law

    Under Cyprus Law, a pledgee, in the event of default of the pledgor.
    CyprusFinance and Banking
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    A Norwich Pharmacal Order Is Issued When The Applicant Satisfies The Court That The Information Requested Are Of Vital Importance For The Filing Of The Action Or For Pleading And Proving Its Case And Also That The Applicant Could Not Collect

    In the case NORDSTAR TOWER –V- RIVERSTRETCH & OTHERS, the district Court of Nicosia held inter alia –(adopting the English case NIKITIN & OTHERS –V- RICHARDS BUTLER LLP & OTHER (2007) All ER 129)
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    A Norwich Pharmacal Order Is Issued When The Applicant Satisfies The Court That The Information Requested Are Of Vital Importance For The Filing Of The Action Or For Pleading And Proving Its Case And Also That The Applicant Could Not Collect Same From Any Other Source.

    In the case NORDSTAR TOWER –V- RIVERSTRETCH & OTHERS, the district Court of Nicosia held inter alia –(adopting the English case NIKITIN & OTHERS –V- RICHARDS BUTLER LLP & OTHER (2007) All ER 129) that an applicant...
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    An Antisuit Injunction Issued By An Arbitral Tribunal Does Not Violate The EU Regulation 44/2001 (Which Has Been Replaced By EU Reg. 1215/12)

    In its judgment in Gazprom case, the ECJ held inter alia that an antisuit injunction issued by an arbitral tribunal prohibiting a party from bringing certain claims before a court of a Member State, is not covered by ...
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    An International Arbitral Award May Be Recognized And Enforced, Either By The Summary Process Stated In The New York Convention, Or At Common Law, By Filing Of A Civil Action Based On The Arbitral Award.

    n the CASE STOCKMAN INTERHOLD –V- ARRICANO TRADING LTD & OTHERS the District Court of Limassol held inter alia (following and adopting English case law) that an international arbitral award may be recognized and enforced.
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Breach Of An Injunction Constitutes Unlawful Means Conspiracy

    In the recent English case JSC BTA BANK -V- KHRAPUNOV (2018), the Supreme Court, held inter alia, that third parties may find themselves exposed to damages for unlawful means conspiracy,
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Certificate Of Enforceability, As Per Article 54 Of EU Regulation 44/2001

    A Cyprus Appellate Court has ruled that a Certificate of enforceability under Article 54 of EU Regulation 44/2001 confirms the issuing court's verification that the judgment falls within the regulation's scope. The court followed European Court precedent establishing that enforcement procedures preclude subsequent review by the addressed Member State's courts regarding whether the underlying action falls within the regulation's ambit.
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Chabra Injunction And The Test Of "Good Reason To Suppose"

    The Appellate Court, inter alia, decided that the 1st Instant Court applied correctly the test, which was established and developed in English case law, starting with the leading case...
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Cypriot Courts Do Not Have Jurisdiction To Adjudicate On An Application For Enforcement Of Foreign Judgments And Foreign Arbitration Awards When Both Applicant Judgment Creditor And Respondent Judgment Debtor Reside Outside Cyprus

    In the recent Appellate case of VTB BANK -V- TARUTA, the Appellate Court decided that Cypriot Courts do not have jurisdiction under Law 121 (1)/2000 for the enforcement
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Extension Of Powers Of An Interim Receiver In Order To Assist The Equitable Execution Of A Judgment

    In a recent decision, the Court recognized its power to appoint a Receiver by a way of equitable execution of a judgment.
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    No Pharmacal Orders When There Is An Infringement Of The "Mere Witness" Rule.

    In the English case AXA EQUITY & LAW LIFE –V- NATIONAL WESTMINISTER BANK (1998) CHC 117 (which has been adopted and followed by Cypriot ...
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Political Incentives To Boost The Economy Are Not Enough To Qualify An Act As Governmental

    The Plenary of the Administrative Court in its recent decision held that the act of rejecting an application for naturalisation is not considered as governmental act, and therefore their legality...
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    The Principle That Courts Do Not Act In Vain

    In a recent appellate case in which our law office acted for the successful party, the Appellate Court dismissed the appeal on, inter alia, the ground that "Courts do not act in vain".
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Vacancy Of A Position In The Public Sector Does Not Revive The Previous Announcement Of The Said Position

    n a recent decision in Appeal to a decision of the Administrative Court No. 24/2018, the Supreme Constitutional Court exercising its appellate jurisdiction based on the Transitional provisions Article...
    CyprusLitigation, Mediation & Arbitration
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Bilateral Agreement Between Cyprus And The United States

    The Cyprus Tax Department announced that the bilateral Competent Authority Arrangement (CAA) for the exchange of Country-by-Country (CbC Reports) between Cyprus and the United States of America.
    CyprusTax
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    New Double Tax Treaty Between Cyprus And Egypt

    On the 8th of October 2019, Cyprus and the Arab Republic of Egypt have signed a new Double Tax Treaty between them
    CyprusTax
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C

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