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News & Analysis

Cyprus Alternative Investment Fund for limited number of investors (AIFLNP)

15 April 2019 by Charalambos Meivatzis, Andri Michael and Elena Andreou

BREIFING: Nicosia, April 15, 2019

News & Analysis

Cyprus: Requirements for obtaining a Chabra injunction

09 April 2019 by Soteris Pittas & Co

In the case of Re Nicolaou Bros Tourist Enterprises Ltd (1999) 1 AAD 201, the Supreme Court of Cyprus, by adopting English legal principles, recognized inter alia the jurisdiction of Cyprus Courts to grant Chabra type injunctions.

News & Analysis

The taxation of benefits in kind in Cyprus

21 March 2019 by Marios Palesis, Artemis Kyriakou and Antonia Hadjiantoniou

BRIEFING: Nicosia, 21 March, 2019

News & Analysis

Increased Interest by High Net Worth Individuals of South Africa for the Cypriot Citizenship by Investment Program

19 March 2019 by AG Paphitis & Co

BRIEFING: Limasso, 18 March, 2019

News & Analysis

Cyprus: Directors Duties in Insolvency and its Vicinity- An Alternative Approach for Creditors to Recover

15 March 2019 by Soteris Pittas & Co

When a company enters insolvency or its ‘’vicinity’’[1], the fiduciary duties of directors are no longer owed to the company as a whole, and instead their duties shift towards the creditors. [Kinsela & Anor v Russell Kinsela Pty Ltd [1986] 4 NSWLR 722; West Mercia Safetywear Ltd v Dodd (1988) 4 BCC 30]

News & Analysis