Domestic banks, international financial institutions and international law firms instruct Chrysses Demetriades & Co Law Office for their expertise across restructuring, acquisition finance, debt for asset swaps and complex financial transactions. The team has a speciality in the Indian market. The ‘exceptional lawyer’, Demosthenes Mavrellis, experienced in banking regulatory matters and capital markets, alongside the ’standout partner’, Chrysses Demetriades, a specialist adviser to international credit institutions and conglomerates on high-value transactions, are the team leads. Christos Heracleous, frequently advising on banking transactions, restructurings and commercial disputes, is a key rising practitioner.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘First class banking practice, excellent knowledge of Cyprus (and English) banking law with a deserved reputation.'
- ‘Demosthenes Mavrellis is an exceptional lawyer whose combination of technical excellence, commercial insight, and strategic thinking consistently sets him apart. He has a rare ability to translate complex legal and regulatory issues into clear, actionable advice aligned with clients’ commercial goals.'
- 'Christos Heracleous is an outstanding lawyer whose sharp analytical skills, meticulous attention to detail, and strong commercial acumen make him a key asset on complex transactions.'
- ‘The firm provides comprehensive legal advisory services across all areas of banking and finance. The firm delivers legal advice and services aligned with clients’ expectations and commercial objectives.'
- 'Chrysses Demetriades is a standout partner and legal advisor whose depth of knowledge and strategic insight consistently add value to even the most complex transactions.'
- ‘Chrysses Demetriades banking and finance practice is one of our preferred choice in Cyprus. They are responsive, prompt and flexible in order to assist that matters complete timely and smoothly.’
Key clients
- Astrobank plc
- Bank of Cyprus PLC
- Morgan Stanley LLC
- Goldman Sachs
- Piraeus Bank S.A
- Alfa Bank S.A. (Athens)
- Advent International
- J.P. Morgan International
- The Leptos Group
- Howden Broking Group
- Barclays Bank Plc
- Nomura Singapore
Work highlights
Advised Aggreko in connection with its $2.25bn financing arrangements.
Advised Fortress, as bondholder, in connection with the debt restructuring of Sfakianakis Group with total value of approx. €300m.
Advised multiple financial institutions in connection with the acquisition of AI Lenarco Midco Ltd. by Majesty II Pte. Ltd and certain compulsory convertible debentures in Manjushree Technopack Limited from AI Lenarco, with total value of approximately $372m.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Christos Heracleous
Practice head
Demosthenes Mavrellis; Chrysses Demetriades
Other key lawyers
Christos Heracleous; Michaela Hadjihambi; Andreas Lelekis