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ГЛАВНАЯ  /  PUBLICATIONS  /  CYPRUS REDUCES THE THRESHOLD FOR APPROVING SCHEMES OF ARRANGEMENT TO SIMPLE MAJORITY

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Cyprus reduces the threshold for approving Schemes of Arrangement to simple majority

In addition to instituting a common law claim for a repudiatory breach of the underlying loan agreement, where the moneys advanced are applied by the borrower for a purpose other than that contemplated ...
Cyprus has reduced the threshold for approving Schemes of Arrangement to simple majority, making them an attractive alternative to court sanctioned debt restructurings.    
In tandem with the legal position under English  law, albeit with certain structural variations which will be addressed in this article, fraudulent trading in Cyprus is both a civil and criminal concept ...
In the context of construction contracts, a performance bond may be described as a species of security which offers an effective legal and financial safeguard in the form of a guarantee which, at the ...
Whilst it is of crucial importance that a company’s Articles of Association (AA) and Shareholders’ Agreement (SHA) should be such as to ensure that their respective provisions are compatible, it would ...