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A.G. Erotocritou LLC
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Cross-border recognition of insolvency proceedings

Insolvency proceedings can be recognised in Cyprus through the EU Recast Insolvency Regulation (2015/848) or under the principles of common law.  

Practice Area(s) Реструктуризация и несостоятельность ,  Судебные тяжбы

Derivative Actions in Perspective

A derivative action is an aggrieved minority shareholder’s right of action which essentially derives from the company, and is ordinarily available to members who may seek protection in circumstances which ...

Practice Area(s) Частные клиенты,  Корпоративное право и M & A,  Судебные тяжбы

Amendments to the naturalization by investment scheme in Cyprus

As of the 15th of May 2019, applications for naturalization through investment will need to meet certain criteria (in addition to the ones currently in force), in accordance with the recent decision of ...

Practice Area(s) Вопросы недвижимого имущества,  Частные клиенты,  Корпоративное право и M & A

Quist close trust: An equitable safety net for lenders

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 ...

Practice Area(s) Частные клиенты,  Корпоративное право и M & A,  Банковское и финансовое право,  Судебные тяжбы

Schemes of Arrangement and Recent Changes

Cyprus has reduced the threshold for approving Schemes of Arrangement to simple majority, making them an attractive alternative to court sanctioned debt restructurings.    

Practice Area(s) Корпоративное право и M & A,  Банковское и финансовое право,  Судебные тяжбы

Fraudulent Trading: Characteristics and deficiencies

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 ...

Practice Area(s) Корпоративное право и M & A,  Судебные тяжбы,  Банковское и финансовое право

Performance Bonds

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 ...

Practice Area(s) Частные клиенты,  Банковское и финансовое право

Interrelationship between Articles, Shareholders Agreements and the Companies Law

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 ...

Practice Area(s) Корпоративное право и M & A

Non-Assignment Clauses and their Implications for Loan Agreements

The essence of this article is to afford due consideration to the legal ramifications of an assignment of rights (insofar as it relates to loan agreements), effected by an “original” lender to an “incoming” ...

Practice Area(s) Банковское и финансовое право

Entire Agreement Clauses: Call for Caution

The purpose of an entire agreement clause (EAC) is to convey in an unequivocal manner that the written contract in which it is incorporated, solely encompasses what has been agreed between the parties, ...

Practice Area(s) Вопросы недвижимого имущества,  Частные клиенты,  Судебные тяжбы,  Корпоративное право и M & A,  Банковское и финансовое право

Franchising: the Cyprus landscape

It is common knowledge that the franchise concept has come a long way from its inception in the mid nineteenth century after Isaac Singer, the inventor of the sewing machine, conceived what was then perceived ...

Practice Area(s) Корпоративное право и M & A

MiFID II - Cyprus paves the way for the “Legal Identifier”

The revised EU Markets in Financial Instruments Directive, 2014/65/EU (MiFID II), within the context of the associated legislative provisions of the EU Markets in Financial Instruments Regulation No. ...

Practice Area(s) Банковское и финансовое право

Cyprus tax residency rules amended

In July 2017, the Cyprus Parliament approved a legislative proposal amending Section 2 of the Income Tax Law (ITL) and introducing an additional provision for determining Cyprus tax residency for individuals. ...

Practice Area(s) Частные клиенты

The new data protection Regulation: How does it affect you?

After years of preparation and debate, the European Union Regulation on the Protection of Natural Persons with regard to the Processing of Personal Data and on the Free Movement of such Data (“General ...

Practice Area(s) Защита данных

Dispute Resolution Cyprus Chapter 2017 for GTDT

Our firm has contributed the Cyprus Dispute Resolution Chapter for Getting the Deal Through. The Cyprus Chapter is available at: https://gettingthedealthrough.com/area/9/dispute-resolution-2017 Reproduced ...

Practice Area(s) Судебные тяжбы

Attractive provisions of the Cyprus tax regime and the new Domicile Concept

Cyprus is considered as an important destination for foreign investors primarily because of its attractive tax regime. Further below we set out some important provisions of the local tax regime together ...

Practice Area(s) Частные клиенты

Asset Recovery: Cyprus Chapter for Getting the Deal Through

Our firm has contributed the Cyprus Chapter for Getting the Deal Through to Asset Recovery. The Cyprus Chapter is available at: https://gettingthedealthrough.com/area/53/jurisdiction/74/asset-recovery-cyprus/. ...

Practice Area(s) Судебные тяжбы

Getting the Deal Through: Cyprus Chapter for Dispute Resolution

Our firm has contributed the Cyprus Chapter for Getting the Deal Through to Dispute Resolution. The Cyprus Chapter is available at: https://gettingthedealthrough.com/area/9/dispute-resolution/. The ...

Practice Area(s) Судебные тяжбы

New Regulations on the Naturalisation of Investors in Cyprus by Investment Scheme

The Scheme for Naturalisation of Investors in Cyprus by Exception has been amended with the decision of the Council of Ministers dated 13th of September 2016. The changes brought by the new scheme are ...

Practice Area(s) Частные клиенты

New Leasing Law 72(I)/2016

The new legislation on the leasing, N.72 (I) / 2016, which came into force on 28.04.2016, aims to regulate the provision of leasing services to the public, as well as the supervision of the leasing services ...

Practice Area(s) Вопросы недвижимого имущества

Закон о внесении изменений в товарищества с ограниченной ответственностью

Practice Area(s) Корпоративное право и M & A

Гарантирование вкладов в FBME - процесс & задержки

Practice Area(s) Банковское и финансовое право

Статья в Руководстве по международному сравнительному праву

Practice Area(s) Судебные тяжбы

Финансовый омбудсмен

Practice Area(s) Банковское и финансовое право

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