In an attempt to speed up the administration of justice and become more efficient, the Supreme Court has made a number of changes to the Civil Procedure Rules in particular Rules 25 and 30...

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...

Generally, in international commercial arbitrations the remedy which is most commonly sought and which is usually granted, is that of damages ...

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.

A Cypriot 1st Instance Court decided that the issue whether a person is signatory to an arbitration agreement shall be made by the arbitrators, and not a state Court.

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...

The key changes effected by the Recast Regulation include jurisdiction agreements; the lis pendens rule; arbitration-related court actions and the abolition of exequatur.

On 14 July 2016, the House of Representatives approved changes to the Immovable Property Tax Law (the "Law").

The Council of Ministers issued recently its Decision setting new criteria and conditions for the Naturalization of Foreign Investors / Entrepreneurs by Exemption on the basis of para. 2(f) of the Third Schedule of the Civil Registry Laws 2002-2011, and set the following new criteria and conditions:-

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,

In a revolutionary judgment issued by the Federal Arbitradz Court of Northwest District of Russian Federation in the case NA 56-9512/2009, FINESTERRE RECOVERY FUND I LTD & OTHERS confirmed that Russian Courts have jurisdiction to issue interim relief.

Any Investment Firm, or credit institution which decides to employ a tied agent, remains fully and unconditionally responsible for any action or omission on the part of the tied agent when acting on its behalf.

In a recent judgment, a Cypriot 1st Instance Court, decided in the context of interlocutory proceedings for the issue of interim relief, that arbitration awards, may be enforced in Cyprus, either through the mechanism of the New York Convention, or at Common law by an action based on the arbitral award.

In the case CFG CAPITAL PARTNERS LTD –V- VANISTELROY HOLDINGS LTD & OTHERS, the District Court of Nicosia cancelled interim injunctions issued pursuant to Section 9 of the Law 101/87 ...

As in the case of Prudential Assurance Co Ltd v Newman Industries Ltd (no2) [1982], only a company can sue for wrongs done to the company.

Section 293 of Companies Laws, CAP. 113 ("CAP. 113") provides for the power of Cypriot Courts to issue an order for the placement of a voluntary liquidation of a Cypriot company under Court's Supervision...

During the past years English courts have been willing to interpret clauses as giving exclusive jurisdiction to the English courts...

In the very recent decision of Re Mosaica Investments Limited, Petition No. 573/2022 DC. Nicosia, Interim Decision dated 21.02.2023, the Cypriot Court...

Soteris Pittas & Co LLC has observed an increase in the amounts of the IP asset registrations that are taking place. One may wonder why clients tend to choose Cyprus as an EU ...

A recent judgment handed by the High Court of the United Kingdom, provides useful guidance on the extent of legal advice privilege in the context of regulatory investigations.