In the English case Stockman Interhold S.A. -v- Arricano Real Estate PLC (2017) EWHC 2909, the Court summarized the applicable legal principles for setting aside an arbitral award for fraud, as follows:

Under Cyprus Law, a pledgee, in the event of default of the pledgor, may:...

A bill under the name "Lawregulating the activities of portfolio investor companies of 2015", has been drafted by the Central Bank of Cyprus and is set for approval by the Parliament by the end of September 2015.

Due to existing problems with regards to companies competing for the undertaking of public projects, on the 28th September 2015 the Cabinet decided to give an end to the scandals involving the squander of millions of public money by approving an amendment Bill, which would add to the conditions for public tenders, the requirement of providing a Criminal Record Certificate for legal entities.

In a recent high-stake intellectual property case, Pittas Legal Team acting on behalf of the Claimant/victim of the wrongdoing, succeeded in obtaining an ex parte Anton Piller Search and Seizure Order against one of the wrongdoers...

In the recent case PENDERHIL HOLDINGS LTD –V- IOANNI KLOUKINA, the Supreme Court of Cyprus, examined whether a stay can be granted of the enforcement of Norwich Pharmacal orders, pending appeal.

A relevant opposition was had also been filed by the Respondent.

In a recent decision of the English Commercial Court in ESSAR SHIPPING LTD –v- BANK OF CHINA LTD (2015) it has been held that an applicant to an anti-suit injunction shall act promptly and not sleep on his rights.

A recent decision of the District Court of Limassol has clarified the interpretation relating to Article 7(2) of the recast EU Regulation reaffirming the general principle that civil actions are to be brought...

In the context of the Appeal under number E223/21, the Appellants filed an application to amend the title of the Appeal requesting the replacement of the Special Administrator with the Liquidator.

It has been recently recognised and established by the Supreme Court of Cyprus the jurisdiction of the Cyprus Courts to issue discovery and disclosure orders namely the so called Norwich Pharmakal orders and Banker’s Trust orders.

In the context of the discovery action, the Plaintiffs filed an application by summons, for the issue of discovery and disclosure orders of Norwich Pharmacal type and Bankers Trust type.

Arbitral awards are enforceable in Cyprus under the provisions of the Cypriot Law on International Arbitration in Commercial Matters Law No. 101/1987 and the New York Convention

The EU Regulation No. 655/2014 establishes a European Account Preservation procedure to facilitate cross-border debt recovery in civil and commercial matters...

On 18th of June 2019, the GCEU issued a judgement in the Micula Case, between European Food SA and Others v. European Commission, declaring that the Commission had no competence

A pledgee, under a Cypriot law pledge, who has in its possession the so called the Self-Enforcement Documents (i.e. original certificate of pledged shares, original duly signed and undated instrument of transfer of...

A pledgee, under a Cypriot law pledge, who has in its possession the so called the Self-Enforcement Documents (i.e. original certificate of pledged shares, original duly signed and undated instrument

Winding up is the process by which the company's assets are realized, the proceeds are distributed to its creditors and the surplus, if any, to its members.

Regulation (EC) No 1393/2007 of the Council of the European Union has provided the framework for service of judicial and extrajudicial documents in civil or commercial matters between EU Member States.

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