Banking and finance

Soteris Pittas & Co L.L.C

Soteris Pittas & Co L.L.C is regularly asked by individuals and companies to advise on financing transactions. It has an excellent reputation for its work on freezing injunctions, receiverships and orders in the context of civil actions. Under the leadership of Soteris Pittas, the group is skilled at making applications for the registration of foreign awards. Recent highlights included the promotion of Kyriakos Pittas to the partnership in January 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Soteris Pittas & CO LLC is without a doubt one to be feared in banking litigation. It shows genuine interest in its clients’ cases and leaves no stone unturned in order to find solutions to complex matters and obtain the best results possible for the client.'
‘Soteris Pittas is an exceptional litigator and an outstanding tactical mind. His industry knowledge is top tier and he always provides valuable advice. He has vast experience in representing and advising clients in relation to complex cross-border disputes concerning banking and finance issues.'
'Anna Lamprou and Christodoulos Neofytou are very diligent, responsive and enthusiastic, and have very good local knowledge. Kyriakos Pittas gives great attention to detail, and he is able to advise on complex matters.’
‘The team has an in-depth understanding of Cyprus and EU financial law, which allows them to provide precise legal guidance on both complex transactions and everyday banking operations. Their expertise was practically useful for our cross-border projects.’
‘Soteris Pittas is a partner who listens closely, communicates clearly, and always seeks to align legal solutions with clients' broader commercial interests. His ability to blend legal expertise with practical business acumen makes him an indispensable asset to his clients.’

Key clients

Engarde
Rodovid Bank
Bryan Cave Leighton Paisner LLP
Quinn Emanuel Urquhart & Sullivan, LLP
Steptoe & Johnson LLP
Fieldfisher LLP
PCB Litigation LLP
Reed Smith (Athens)
AquaSol Hotels Group
Finstella Ltd

Work highlights

Acting on behalf of a Cypriot hotelier group in defending several actions filed by Cypriot Banks to enforce mortgage and floating charges regarding debts of Euro250m, over numerous hotels owned by the client.

Acting on behalf of Rodovid Bank in an action filed against local and foreign defendants claiming damages caused due to fraud and conspiracy and successfully appointing a receiver over various defendant companies, as well as acquiring extensive interim orders for the freezing of their assets and bank accounts.

Acting for a large number of depositors of Privatbank in claims filed to recover their deposits from the Cypriot Branch of Privatbank.

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