The Supreme Court of Cyprus decided that a holder of an International Arbitral Award not yet registered under the New York Convention cannot be regarded as a "Creditor".

In a recent decision the Supreme Court of Cyprus has adopted a strict interpretation of Article IV (1)(b) of the New York Convention requiring the presentation of the original arbitration agreement or a duly certified copy of same.

The Supreme Court of Cyprus in CHRISTOFOROU & OTHERS -V- BARCLAYS BANK PLC (2009), held that a Claimant alleging conspiracy, shall establish the following

We live in a society where people fought to secure their right of freedom of expression.

Minister of Justice, Mr. Ionas Nicolaou and Members of Supreme Court had decided for the Commercial Court to be set up and become operational from the beginning of 2018.

The District Court of Nicosia considered if it had jurisdiction to order the registration and enforcement of a Russian Court Judgment.

In October 2015 the Supreme Court made a remarking judgment which overturned the decision of the First-instance Court in relation to the innocence of two Defendants who had issued bounced cheques...

Waiver is constituted by the deliberate intentional and unequivocal release or abandonment of the right that is later sought to be enforced (see ZHANG –V- SHANGHAI WOOL & JUTE TEXTILE CO LTD (2006) VSCA 133).

In Cyprus over the last years around 300 people received an imprisonment sentence for debts in relation to social insurance debts, ranging between €300 and €30,000.

It is proposed that as of 1st January 2015, exchange differences, whether losses or gains, which do not relate to trading in forex, are not tax deductible or taxable respectively.

On 15th October 2015, the Double Tax Treaty between the Republic of Cyprus and Swiss Confederation had entered into force (the "Treaty").

The existence and nature of piratical attacks off Somalia, is a matter of great notoriety and has caused tremendous problems to ship-owners, cargo-owners, insurers, crew members etc.

A rather unexpected announcement by the Russian President, on 25 March 2020 made in an effort to tackle coronavirus issue in which Vladimir Putin mentioned the necessity...

The new mechanism for enforcement and recognition aims in the quick recognition and enforcement of court judgments and interim measures of protection issued by Courts of Member States in other Member States.

In the English case of Derby& Co v Weldon (No3 and 4) (1990) Ch 65, the Court of Appeal held unequivocally that a court can order a defendant's assets to be frozen even if they are situated outside of the jurisdiction.

Section 213 of Cyprus Companies Laws CAP. 113 ("CAP. 113"), provides about the persons who have locus standing to petition the winding up of a company and provides inter alia for "…..the creditor or creditors...

In the recent decision of the District Court of Nicosia in Smagin ν. Kalken Holdings Limited a.o Application Numb: 601/2017, the Court examined the criteria for Recognition and Enforcement...

Under Cyprus Law, any interim order or interim relief granted in the context of an action, Originating Summons or petition, remains in force until the date of issue of a final decision on the merits of such proceedings.

Another success of our office is the recent subversive decision of the District Court of Nicosia in the context of the Foreign Application 503/2016 between XXX HALL e.a v XXXX ELIA e.a, dated 16/7/2021...

In the case GDL TRADING LTD -V- AGROMARKETS LTD & OTHERS, the District Court of Nicosia inter alia held – (adopting English case law) - that the jurisdiction of the Courts to grant Chabra injunction,