Firms in the spotlight: P. N. Kourtellos & Associates LLC

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The firm: P. N. Kourtellos & Associates LLC is an independent and dynamic law firm in Limassol, founded by Dr Pavlos Neofytou Kourtellos and Ioanna Demetriou in 2011.

The firm has evolved from a multi-service commercial law practice to a prestigious full-service law company in Cyprus. Through its affiliated entity, KOURTELAW Ltd, the firm covers all areas of business and commercial law, featuring a team of experienced and competent associates who ensure expert advice and representation across a wide range of legal disciplines.

In the legal landscape of Cyprus, P. N. Kourtellos & Associates LLC is renowned for providing deep and highly personalised counsel and aggressive litigation services to individuals and corporations, representing them in the District Court and the Supreme Court of Cyprus when needed. The firm prides itself on speaking through actions, not words (“Deeds not Words”) and it is highly regarded for its innovative actions in court and precedents achieved in corporate disputes, fraud and breach of privacy cases.


In recent years, P. N. Kourtellos & Associates LLC has achieved precedent-setting victories in the areas of information and confidentiality disclosure, asset tracing, arbitration law and insolvency proceedings. Advising and acting for the state competent supervisory authorities, the firm formulates the law and sets court precedents relating to banks’ resolution regime and banking insolvency. The firm also holds significant experience in cross-border transactions and international commercial arbitration, working with highly respected international law firms.

Areas of practice

Litigation and Arbitration: The firm represents clients across the District Court and the Supreme Court of Cyprus. Their legal team works on multinational projects managing complex international disputes, including anti-hostile takeover defence, insolvency cases, asset tracing, serious civil fraud and conspiracy allegations. With a strong emphasis on both domestic and international arbitration and mediation, the firm offers comprehensive legal support and advice to individual and corporate clients, navigating all phases of the arbitration process.

General Corporate and Commercial: The firm’s corporate practice team collaborates with tax advisors to deliver cost-balanced and tax-optimised corporate solutions to clients. They advise buyers and sellers in various public and private M&A transactions, including asset acquisitions, equity deals, mergers, consolidations, recapitalisations, reorganisations, tender offers, cross-border dealings and joint ventures. The firm’s approach guarantees clients achieve their business goals while maximising tax efficiency.

Banking and Finance: The firm has handled many high-profile international transactions related to acquisition finance, project finance, refinancing, real estate financing, and syndicated and bilateral lending. Acting as Cyprus law counsel for both lenders and borrowers, the team supports their clients through intricate financial landscapes, ensuring smooth and successful financial operations.

Trusts and Asset Protection: The firm provides tailored advice on establishing and managing trusts in Cyprus. Catering to a diverse clientele, including individuals setting up trusts, beneficiaries and trustees, their specialised legal team offers guidance on selecting trustees, understanding trust tax implications and executing trust powers and indemnities. They also review, analyse and develop comprehensive estate plans for high-net-worth individuals.

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