IFLR1000 Reviews

Financial and corporate
AG Erotocritou

Based in Limassol, A G Erotocritou is a boutique with 15 legal professionals all with US or UK legal experience.


Focusses / specialisms

The firm’s expertise lies in real estate sector where it acts for international hotel groups and property developers on construction projects, financing and acquisitions in Cyprus.   

The firm is also strong in multi-jurisdictional restructuring and insolvency cases and acts for both the debtors and creditors.


Key clients

The firm advises multiple international banks on financial regulation in Cyprus, as well as advising the Cyprus Ministry of Finance on licensing matters. 


Research period review: 31st edition (2020/2021)

During the research period, the financial and corporate practice worked on transactional real estate financing and construction matters. The team also worked on regulatory financial matters, advising clients in the banking and financial services industry. It also worked with debtors in several restructuring matters. Real estate and shipping were major industries for the firm.


Client feedback: 31st edition (2020/2021) 

Financial services regulatory

“Prompt, responsive and very professional.”


Investment funds: real estate funds

“Their professionalism in solving any problems arising during the negotiations was excellent.”



“Work is fast and done well, quick answers, good deal.”


Restructuring and insolvency

“Extremely prompt in their advice, professional and always innovative.”


Alexis Erotocritou

“Very professional and responsive.”


“Professional, dynamic and well knowledgeable.”

“Overall excellent professional.”

“He is kind, answers quickly, helpful.”

AG Paphitis & Co

AG Paphitis & Co is a law and financial consultancy firm with 16 legal professionals based in Limassol.


Focusses / specialisms 

The firm advises in all areas of financial and corporate law, particularly on licensing matters. It often works for clients in the financial services and technology sectors. 


Key clients 

Some of the clients of the firm include Central Bank of Cyprus, crypto currency broker Etorro, and investo Haxus. 


Research period review: 31st edition (2020/2021) 

Throughout the research period, the financial and corporate team worked on a lot of financial regulatory services deals, especially in the burgeoning cryptocurrency space.


In M&A, the firm represented clients in sales and acquisitions, as well as several re-domiciliations.


The team also worked on several liquidations and restructurings in the restructuring and insolvency practice.


Client feedback: 31st edition (2020/2021) 

Banking and finance

“Their response is prompt.”


Private equity

“All issues and solved correctly without any mistakes and on time.”


Project development

We are perfectionists with our clients so we look to work with associates similar to our ethics. AGP is a very disciplined and knowledgeable team that provides timely advice tailored to our specific needs on a case by case basis. Expertise in various areas of law and in-depth understanding of the corporate/ commercial / insolvency / financial, banking and fiduciary industry as well as capability to advise on all sort of complex issues.  Always brief, concise and to the point.”


“The law firm provided us with the pros and cons of the jurisdictions we requested for the Joint Venture. After receiving information from their partners in the relevant jurisdictions, they have advised us with the best solution for our firm. Furthermore, they are always informing their clients in every step and they keep us informed about the risks we may face under certain circumstances.”


Restructuring and insolvency

“I have been with this firm for many years and I am delighted to work with them. They are always sharp, professional and creative. They think outside of the box, listen to the client's needs always have best in mind. They also very fast in coming back with the solutions.”


Full brilliant support and coordination of all the liquidation procedures, including insolvency and bankruptcy issues raised.”


“Done everything professionally, clearly explained the essence and helped to find the optimal solutions.”

“Professional, reliable, client oriented, flexible in payment issues.”


“Positive and innovative input delivered on time and on budget.”


Angelos Paphitis

“He is polite.”


“He is very friendly, positive, productive, responsible professional in his field. He met all the deadlines, assessed all the risks, implemented all the requirements and met all the time pressure with ease. His knowledge is valuable and broad, his advice was very thorough and creative.”


“Angelos is extremely devoted to his clients and to the projects he undertakes.  In my view, Angelos is one of the most experienced, trained and responsible lawyer in Cyprus, but with great supporting team. Margarita, Maria, Christiana, Eve, and others are other members of AGP working with me. We do a lot of transactions together, including complicated multi-million M&As and JVs, and the team was always very responsive.”


Angelos is highly professional in many areas of Corporate and Finance Law. We have been working with him since 2006 and he has proved to be an outstanding lawyer and head of the firm.”


“Knowledge and innovation.”


Margarita Sofokleous

“Deep knowledge of the regulations on the procedures she is doing, timely and effective follow-up.”


“I have only good things to say, both are excellent at what they do and they provide exceptional corporate services.”


Maria Hinni

“I have only good things to say, both are excellent at what they do and they provide exceptional corporate services.”


“I have been working closely with Maria Hinni since she handles a lot of our requests (not only at project development) and I can call her anytime and she is always willing to provide me the details about our projects. She is also handling our trademarks projects and she always gives a detailed explanatory on all issues. She is a very professional and knowledgeable advocate which I highly recommend.”


“The leader perfectly coordinates different people and explains clearly in the language that is understandable not only for the lawyers. Warm and concrete person.”

Antis Triantafyllides & Sons

Established in 1955, Antis Triantafyllides & Sons is a leading Cypriot firm with a team of more than 30 legal professionals based in Nicosia.


Focusses / specialisms

The firm is active across all transactional areas and regularly acts as local counsel on cross border transactions. 

The firm often advises domestic and international banks on lending, debt restructuring and capital markets mandates. In recent years it has also worked on NPL sale transactions.

The firm also advises in M&A, and project development issues. 


Key clients 

The firm represents the Bank of Cyprus, Hellenic bank and Astrobank. 


Research period review: 31st edition (2020/2021) 

Over the research period, the financial and corporate team worked on banking, capital markets, M&A and restructuring and insolvency matters. In the banking practice, the firm represented mostly borrowers in project, acquisition and corporate financing, as well as refinancings.


In terms of capital markets work, the practice worked on debt and equity matters, representing mostly issuers. On the debt side, the team completed investment grade bond issuances, while on the equity side, the team completed an IPO.


The M&A practice acted on both the buyer and seller side in acquisitions. It also worked on re-domiciliations.


In the restructuring and insolvency practice, the team worked largely on out of court restructurings, where it represented debtors.


Deal highlights: 31st edition (2020/2021)

Ancala Partners €43 million investment in Orites Wind Farm

Flügger €30 million acquisition of Eskaro

Ozon Nasdaq IPO


Client feedback: 31st edition (2020/2021) 

Banking and finance

“Well researched opinions, thorough benchmarking of banking practices for purposes of rendering their advice, in depth know how of the industry.”



“Expert knowledge, adaptability to different structures, clear explanations and availability.”


“Deep legal knowledge, solution finding, business minded approach, efficiency and strong professionalism.”


“Efficiency. Business minded approach. Deep legal knowledge and support. Timely responding.”


“Top law firm in Cyprus. They are intelligent, very responsive and have excellent commercial judgment and give practical advice.”


“Very proactive, client friendly and good judgment.”


Private equity

“Very responsive and well informed.”


Project development

“They assisted us in the negotiations and the drafting of the agreements.  They are assertive and thorough and were able to find solutions.  They have a good understanding of the law and the business needs.


Restructuring and insolvency

“Well thought out responses, solid recommendations, quick response time, good customer service.”


“Committed, knowledgeable, able to meet strict deadlines, problem solving.”


George Triantafyllides

“Always ready to give their advice and they are very accessible.”


Ioanna Siamouti

“Excellent section knowledge and very cooperative.”


Marios Hadjigavriel

“Marios has extensive experience and knowledge of the industry having worked for a number of years as an internal legal advisor of a local bank”

"Listening to and implementing feedback. Problem-solving. Legal knowledge and ability."


Sofia Kontou

“Committed, responsive, meets deadlines, knowledgeable, problem solving, commercial awareness.”


Stelios Triantafyllides

“Well rounded, highly experienced.”

“Very fast responses with very good recommendations.”

“Deep expertise. An excellent analytical brain. An open mind. Clear expression. A willingness to give advice and guide judgment.”

“Deep legal knowledge, solution finding, efficiency, business minded approach.”

“Solution finding, efficiency, business minded approach.”

“Top lawyer in Cyprus with deep experience and excellent judgment. His advice is always first-rate.”

“Very client friendly.”

“They are always ready to give their advice and they are very accessible.”

"Positive attitude, highly knowledgeable, leader, problem-solving, meeting strict deadlines, highly competent, excellent communication skills, thinking on his feet."


Vasiliki Triantafilides

“Deep legal knowledge, solution finding, efficiency, business minded approach.”

“Solution finding, efficiency, business minded approach.”

C Samir & Co. LLC

Founded in 2011, C Samir & Co is a law and tax consultancy firm. Its Cypriot offices are in Limassol and Nicosia, and it has satellite branches in London, Moscow, Hong Kong, Malta and Kiev. It is part of legal network SILFA (Staubach International Law Firm Alliance). 


Focusses / specialisms 

The firm has experience advising on cross border corporate deals.  


Research period review: 30th edition (2019/2020) 

During the research period the firm advised on a cross border merger, advising the buyer. 

E & G Economides

E&G Economides is a full-service firm located in Limassol and was founded in 2006. The firm also has an office in Moscow.


Focusses / specialisms

The firm is known for its notable work in the financial and corporate practice, where it focuses more on corporate transactions, especially in the M&A practice. This includes redomiciliations, mergers, acquisitions and restructurings.


Key clients 

Key clients for the firm include Fairlakes Limtied, Premio Spolka Z Organiczona Odpowiedzialnoscia, Loxac, Juvit, Souxou, Healys Egypt and Calaciaco Holdings.


Research period review: 31st edition (2020/2021) 

Throughout the research period, the firm represented numerous companies in redomiciliations. Many of these redomiciliations were done for consequential merger transactions, which the firm also worked on. It also worked on several restructurings.


Deal highlights: 31st edition (2020/2021)

Fairlakes Limited / Polsteam Shipping Company Cyprus merger

Premio / Loxac Limited / Juvit Investment Limited merger


Client feedback: 31st edition (2020/2021) 


“Very dedicated team who delivers efficiently their scope of work.”

“Fast and efficient services.”


Restructuring and insolvency

“Energetic, insightful, fast.”


George Economides

“Advanced skill of communication with the client and delivery of services.”

"Team player/cooperative."

“Responsive, cooperative and a team player.”


Virginia Adamidou

“Energetic, insightful, fast.”

Elias Neocleous & Co LLC

Elias Neocleous & Co is one of the largest firms in Cyprus with a team of 12 partners and more than 140 legal professionals. The firm has offices across Cyprus in Limassol, Nicosia and Paphos as well as two overseas branches in Prague and Kiev.


Focusses / specialisms

The firm has experience across all areas of transactional law, including banking and finance, capital markets, M&A and restructuring and insolvency. It works as local counsel with international firms on international transactions. 

In M&A the firm is experienced working for international financial sponsors on cross border deals.

Banking and real estate are sectors in which the firm is regularly active. 


Key clients 

Some of the firm’s clients include the Bank of Cyprus, private equity investor Blackstone, and multinational CPI Property Group. 


Research period review: 31st edition (2020/2021) 

Over the research period, the firm worked on a lot of regulatory and transactional banking and capital markets work, but also did some M&A deals.

In banking, the team represented borrowers and lenders in corporate financing and refinancing matters. It also worked on some structured finance matters. Its capital markets work was mostly providing regulatory securities law advice.

The M&A practice worked on mostly mergers. It also worked on strategic investments as well as restructurings.


Deal highlights: 31st edition (2020/2021)

FedEx/TNT Express merger

UltraPly €45 million loan facility


Client feedback: 31st edition (2020/2021) 

Banking and finance

Responsive and detailed in counsel. Plain language made things easier given different jurisdictions (UK, Spain and Cyprus).”

“The law firm showed great understanding of overall complexity of this particular financing and related security as well as of business needs of their client.”

“They are extremely responsive and work extremely hard to achieve the client's goals.”

“Very responsive, very qualified. Partners hands on approach. Very business oriented and client friendly. Creative in complex and innovative assignments.”

“Professional approach. Deep knowledge of legal regulation. Fast reaction.”

“They understand what a client needs.”


Capital markets: debt

The individuals we dealt with have a deep understanding of our business and the requirements in relation to finance.”


Financial services regulatory

Highly professional and competent in their area of expertise and providing pragmatic and commercially viable advice.”


“The firm is the go-to financial services regulatory firm in Cyprus. We were referred to EN by Norton Rose Fulbright which is testament to its reputation as a leader in this field. Their knowledge of local laws and regulations, depth of talent and local connections are second to none.”


Investment funds

Business and Financial Services know-how. Hands on in their advise.”


“The firm has supported us throughout the exercise always in a positive spirit, good turnaround times even in the busiest periods of the year - thus allowing us to meet our deadlines, without compensating the quality of the received advice.”



“On time delivery, high professional attitude.”


“Responsive, effective.”


Project development

Efficient, effective, responsive and professional collaboration in all aspects required.”


“Did well when negotiating with the seller, making easier to understand the needs and customs of locals.”


Restructuring and insolvency

“They understand business and what tasks are important and go straight to the point.”


“Their service and advice are first class in every area. Their rates are reasonable and take into account the nature and complexity of the transaction. Their main positive attributes are their businesslike advice, their attention to client service and specialization and dedication. Their people are accessible and helpful.  They give us practical, constructive advice that solves our problems always on a timely manner. They have specialists in all areas so their advice is always excellent.”


Andrea Kallis Parparinou

“Efficient, responsive, professional.”


Andreas Christofides

“They are at the top of their profession, very expert and very helpful. They are approachable, hugely experienced and efficient. They are entirely reliable.”


Costas Stamatiou

“They are at the top of their profession, very expert and very helpful. They are approachable, hugely experienced and efficient. They are entirely reliable.”


Demetris Roti

“Business acumen, understanding of wider background of transactions, ability to offer solutions of problems, negotiation skills and protection of client' s interest.”


“Clear and concise communication. Client management. Sense of humor.”


Dimitris Papoutsis

“Business acumen, understanding of wider background of transactions, ability to offer solutions of problems, negotiation skills and protection of client' s interest.”


“Highly regarded for his professional attitude and solutions-oriented approach to complex regulatory matters.”


“Michael Pelosi and Dimitris Papoutsis are our key contacts at the firm. They're extremely professional and responsive in their communications. Their commitment to service and knowledge of local laws and regulations is outstanding and their advice is always pragmatic and commercial.”


Elena Fantis

“Responsiveness, finding solutions.”


Elias Necleous

“He is hard working, dynamic, responsive and completely focused on doing the best possible job for the client.”


“Happy and professional.”


George Tsardellis

“Efficient, responsive, professional.”


Kyriaki Stinga

“Kyriaki has proven a key contact point for us. We have worked exceptionally well with the rest of the Neocleous team (e.g. Mariana Petasi), to whom we would also like to extend our positive feedback. Kyriaki has strong knowledge, availability and a very target oriented approach, as well as flexibility, which has supported us throughout the transaction.”


“Listened a client and its ultimate goals and fulfill them.”


“Understands how to solve the problem, fast feedback, no need for reminders.”


Michael Pelosi

“Business acumen, understanding of wider background of transactions, ability to offer solutions of problems, negotiation skills and protection of client' s interest.”


“Michael Pelosi and Dimitris Papoutsis are our key contacts at the firm. They're extremely professional and responsive in their communications. Their commitment to service and knowledge of local laws and regulations is outstanding and their advice is always pragmatic and commercial.”


Michail Konstantinos

“Professional. Reliable. Excellent work product.”


Vassilis Psyrras

“They are at the top of their profession, very expert and very helpful. They are approachable, hugely experienced and efficient. They are entirely reliable.”

Harris Kyriakides

Established in 1976, Harris Kyriakides is a full-service firm with offices across Cyprus in Larnaca, Nicosia, Limassol and Paphos. It employees 30 lawyers, including 5 partners. 


Focusses / specialisms 

The firm is active in financing and M&A, and is experienced in restructuring work. 


Key clients 

Some of the firm's clients include the Cyprus Marine and Maritime Institute and Gordian Holdings, a real estate fund. 


Research period review: 30th edition (2019/2020)  

During the research period the firm was active in banking, M&A and restructuring.  

In banking work the firm generally advised borrowers in financing and refinancing transactions. It also advised lenders in real estate refinancing. 

In M&A the firm broadly advised buyers in real estate and share acquisitions. It also worked with investors exiting real estate investments. 

In restructuring the firm was particularly active, assisting indebted companies with corporate and financial restructuring. 

Recent staffing changes include the hire of senior associate Panagiotis Tsangaris from Hogan Lovells, who joined the corporate department. Maria Kamari, a senior associate from the banking department, left. 


Deal highlights: 30th edition (2019/2020) 

CMMI €30 million financing 


Client feedback: 30th edition (2019/2020) 


“The Banking and Finance Department of Harris Kyriakides LLC comprises of a team of lawyers specializing in the banking, finance and corporate sector, both in terms of contentious and non-contentious matters. The law firm' positive attributes include, without limitation, that it is attentive, practical and responsive to client's needs, attention- and outcome-orientated with vast knowledge and expertise in the respective field. The Banking and Finance Department of the firm is exceptional in handling complex commercial matters and provides continuous legal support until the full and final settlement of a matter” 



“Harris Kyriakides is an excellent law firm in all aspects. They are very responsive, extremely professional and reliable. After you engage with the firm, you can quickly appreciate that they are can understand the issues at once and they can offer practical solutions and advice of top class. I believe that it is one of the best law firms in Cyprus.” 

“Accuracy, client oriented, professional and innovative” 


Project development 

“Supportive and active staff that have positive attitudes, give prompt responses and follow up.” 


Real estate 

“Great ability to coordinate and organise a project involving a number of parties. Providing thorough and practical advice in a timely manner.” 

“Deep expertise, fast and efficient communication, client-oriented approach and reasonable pricing.” 

“They know the subject well. They are professionals, they respect us as clients and mostly deliver what they promise on time.” 


Restructuring and insolvency 

“Commercially oriented and give immediate and valid feedback.” 

“Employees have effective communication skills, meet deadlines and are always available to help in any way.” 

“The law firm is driven by a high level of professionalism, expertise and customer service. They are always willing to go beyond the strict requirements of the project and opine in a number of indirectly related matters. They are very well organized, respond in a timely manner and the legal opinions are always well justified with the risks being clearly pointed out.” 


Andrea Newton 

“They know 100% their Job. they have the full package that we are looking to have as a large scale business.” 

“Very detailed, firm, precise and looks after the client.” 


Andreas Anagnostou 

“Accessible, knowledgeable and a skilled problem solver.” 


Georgia Karamanli 

“She is always available, always ready to advise, has excellent banking law knowledge, is an excellent negotiator and exhibits strong work ethic and integrity.” 


Kyriaki Georgiou 

“Very responsive, available at all times, with a willingness to assist and provide support. Kyriaki has very good organisational skills, provides practical advice and takes initiative as well as proactive steps to assist cases.” 

“Immediate response and business oriented.” 

“Consistent to the timeframe given - always meet the deadlines, available to assist in any way, knows very well her subject and has very good communication skills.” 


Margarita Avraam 

“Excellent customer service skills, prompt responses, very well justified legal opinions, skilled at assessing risks and very willing to assist.” 


Michael Kyriakides 

“Michael is absolutely superb and first-rate. He is extremely bright, very good at the detail and really hard-working. He has a very commercial style of advocacy which is incredibly effective. He is one of the most effective advocates out there.” 

“A competent and truly professional colleague, who showed full respect and responsiveness to our needs and to our necessity to solve specific problems. Although very busy, he was all the time there for us and never abandoned our core issues to the firm's associates.” 

“Great knowledge of the market practices, deep legal expertise and strong negotiation skills.” 

“They know 100% their Job. they have the full package that we are looking to have as a large scale business.” 


Panagiotis Tsangaris 

“Professional, multi functional and diligent.” 


Tatyana Passiadou 

“Responsiveness, politeness, knowledge and effectiveness.” 

Ioannides Demetriou

Ioannides Demetriou is a full-service firm with offices in Nicosia and Limassol. The firm employees 19 legal professionals, seven of which are partners. It has international reach through its membership to legal alliances TerraLex, Meritas, LegaLink and Energy Law Group. 


Focusses / specialisms 

The firm is active banking and finance and M&A. It often advises as local counsel on cross border deals. 


Key clients 

Some of the firm’s key clients include the Apollo Investment Fund and Hellas Direct Insurance.


Research period review: 31st edition (2020/2021) 

Within the most recent research period, the firm worked on a lot of banking, M&A and restructuring matters. Most of the firm’s banking matters were corporate financing deals.


The M&A matters that the firm worked on varied from joint ventures to mergers and demergers. Insurance and banking and financial services were popular industries for the firm.


In restructuring, the firm represented mostly debtors.


Energy, especially oil & gas, was also a big industry for the firm, where it worked on several matters including security transfers.


Deal highlights: 31st edition (2020/2021)

Louis Plc €250 million restructuring

NK Shacolas Group €80 million restructuring


Client feedback: 31st edition (2020/2021) 

Asset finance

“Top team of expert lawyers. Best on the island.”


Financial services regulatory

“They provided us with an excellent analysis with all possible alternatives and impacts.”


“Great depth of knowledge and experience on all matters regarding Corporate Law. ‘Client first’ professional approach. Professional and quite friendly approach.”



“Incredible service as well as in depth knowledge. Elena is a consummate professional and is outstanding in terms of substantive knowledge and experience.  The firm's nimble and responsive turnaround is excellent. We have recommended her in turn to many of our clients.  She is a delight to deal with. Top marks.”


“Reliable, professional and extremely diligent team. In depth knowledge of our company's operations and the Energy sector.”


“Accessible, diligent, and dependable legal team. Very knowledgeable of the company's operations and workings and of the Energy industry as a whole. Responsive, high quality advice.”


Project development

“Excellent knowledge of Contract Law and Public Procurement Procedures followed by EAC.”


“Very knowledgeable and experience in their field of expertise, quick response to any requests and inquiries.”


“The firm has high quality of people up and down the organization.  All are willing to go the extra mile in order to assist their client. The firm is characterized by its high level of services and responsiveness. In a nutshell the firm provides top-notch service.”


Restructuring and insolvency

“Detailed explanation of the subjects.”


Andreas Demetriou

“Excellent knowledge of legal/commercial issues, professionalism, prompt response and excellent cooperation.”


Christina Ioannidou

“Very informed on the law and our business, very quick response on our inquiries, provides innovation solutions to challenging tasks.”


“Christina provides the highest quality advice with a friendly touch. She deals with the complex business needs of our company with ease and is an extremely diligent negotiator.”


“Professional and approachable at the same time.  Excellent country legal knowledge and ability.”


“Top professional.”


Pambos Ioannides

“Mr. Ioannides is respected as a trusted advisor at the highest levels of our business. We respect him for his invaluable experience and first-class advice. He understands our business needs and provides tailor-made solutions to legal issues we are facing. We value his in-depth knowledge as well as his commercial approach.”


“Always available.”


Zoe Christou

“Always available.”

Michael Chambers & Co

Michael Chambers & Co is a full-service firm with an office in Limassol.

Focusses / specialisms 

Being a full-service firm, Michael Chambers & Co has multiple focuses, especially in the financial and corporate practice area. It represents companies in corporate and acquisition financing, as well as refinancings. The firm also works on M&A transactions and restructuring and insolvency matters.

Patrikios Pavlou & Associates

Established in 1963, Patrikios Pavlou & Associates is a full-service firm based in Limassol that employs 32 legal professionals.  


Focusses / specialisms 

The firm is active across the areas of financial and corporate work but is known for advising lenders on banking and financing work. 


Key clients 

The firm often advises international banks, all of which are confidential. Another key client is real estate developer LSR Group. A number of its clients are based in Russia.  


Research period review: 31st edition (2020/2021) 

During the research period, in financial and corporate matters, the firm acted on the lender side in many corporate, project and acquisition financings and refinancings. Apart from transactional financing matters, the team also regularly advises clients in financial regulatory services matters. It also worked on joint ventures, redomiciliations, acquisitions and capital markets transactions related to them, including share purchase agreements. Other capital markets work include representing issuers in convertible bond issuances.


Client feedback: 31st edition (2020/2021) 

Banking and finance

“Patrikios Pavlou is one of the very few elite law firms in Cyprus which deliver excellent and consistent (quality wise) advice in key areas of law: M&A, Banking and finance and Litigation. The team has deep knowledge of law and transaction structures and is extremely responsive.”


“Speed, professionalism, customer service.”


“Prompt advising with extremely high quality. Communication is also an advantage.”


“They were very professional and efficient. Worked within international standards of work.”


“In-depth knowledge of the Banking and finance industry and understanding of the requirements of central banks & international AML policies.  In many cases, due to the time constraints of requests, lawyers of the firm worked round the clock (including weekends) with our team, to be able to meet all the deadlines that have been set. In all cases, all the deadlines have been met.”


Capital markets: debt

“An integrated approach to research. Very quick feedback. Willingness to discuss details.”



“Speed, valuable advice.”

“Very competent and qualified, punctual, efficient, covering all necessary fields of expertise.”


Project development

“Best experience, very professional, fast and reliable in all aspects.”


“Good knowledge of legal aspects and positive contribution to the drafting of the agreement and the set up.”


Restructuring and insolvency

“Always professional and helpful; very prompt and efficient at responding.”


Angeliki Epaminonda

“Excellent legal advise, prompt responses, cost effective. One of the best lawyers I know.”


Angelos Onisiforou

“Super responsive, takes ownership, always delivering much more than requested.”


Elena Georgiou

“Professionalism, responsible approach, strict adherence to deadlines.”


“Exceed the deadlines, listen to the feedback, high-quality documents.”


Lio Iordanou

“Lia is very helpful. She has deep knowledge of Cyprus and international laws. She can suggest various options and advise on the best one. Very attentive, efficient and prompt in communication.”


“Very good all-around knowledge.”


“Deep knowledge of law, pragmatic approach, innovation when it comes to structuring and responsiveness.”


“Professional, responsive, project oriented.”


Nikoleta Christofidi

“Speed and valuable advice.”


Stavros Pavlou

“Very professional and efficient, best knowledge and qualification, nice person and good communication.”


Stella Strati

“Best experience, very professional and reliable.”

Pelaghias Christodoulou Vrachas

Established in 1920, full-service firm Pelaghius Christodulou Vrachas has over 100 years of expertise. It maintains one office in Nicosia and is a part of the Globalaw network.


Focusses / specialisms 

The firm’s financial and corporate law is focused on banking, capital markets, M&A and restructuring work. It has experience working on all sides on a transaction. In M&A, the team works with buyers and sellers. Shipping is a popular industry for the firm, but it also regularly advices in numerous other industries.


Key clients 

Key clients for the firm include multinational corporations across numerous industries including shipping, consumer goods and services and retail, to name a few.


Research period review: 31st edition (2020/2021) 

Within the most recent research period, the firm worked on a public M&A transaction, in which the team acted on the buyer and seller side. It also worked on capital markets related matters as part of this deal, specifically a share purchase agreement.

Soteris Pittas & Co

Soteris Pittas & Co is a boutique based in Limassol that employs 10 lawyers including three consultants.  


Focusses / specialisms 

The firm is broadly active in financial and corporate work and is experienced in banking and M&A transactions. It often advises as local counsel on cross border deals involving Cypriot targets or securities. 


Key clients 

The firm advised multiple Russian bank Sberbank. 


Research period review: 31st edition (2020/2021) 

During the research period, the firm worked on a lot of matters involving the real estate and banking and financial services industry. This included work in the banking and M&A practice area. In banking, the team represented borrowers in real estate financing and corporate financing matters. M&A matters included incorporations, restructurings and real estate acquisitions.


Deal highlights: 31st edition (2020/2021)

Wyndham Hotel Group hotel restructuring


Client feedback: 31st edition (2020/2021) 

Investment funds

“Professional and timely services under both laws of Cyprus and England.”


Maria Pitta

“A wide spectrum of knowledge and experience. Very good in both advising and paperwork.”


Sotiris Pittas

“Mr Sotiris Pittas is exceptional practitioner and understands his work more than anyone I know.”

Dr K Chrysostomides & Co

With a history extending back to 1981, Dr K Chrysostomides & Co is one of the largest and most prominent law firms in Cyprus. The firm’s offices are in both Nicosia and Limassol.


Focuses / specialisms

Banking has been a key practice area for the firm ever since its foundation. A sizable percentage of the firm’s work in the space focuses on financing transactions. Another key focus area is advice to three credit institutions in Cyprus which are carryout banking business in the country.

The firm is also active, and similarly strong, in the corporate space where it offers the full range of services and advice from start-up to the completion of incorporation, annual operations, compliance, restructures and dissolutions.


Client feedback: 31st edition (2020/2021)

Bank lending : Lender side

"Very responsive, solid and professional support."

"Ability to identify what is required to best meet the client's needs and then deliver on time - this is my idea of a proper law firm. This is what Chrysostomides are: capable of solving tasks versus proliferating processes."

"They were very responsive and very knowledgeable in this area. "

"They understand the standard industrial practice. They know what is expected from them when requesting a legal opinion or a security agreement. Besides that, they provide clear guidance on ad hoc legal issues."


Banking and finance

"They were so precise and super-fast responsive. As a lead counsel on the transaction, you could have completely relied on them and they were aware of all documents and information even though they were hired as local lawyers. They did not need any guidance or supervision."


Capital markets : Debt

"They are extremely hands-on and very knowledgeable in their area of expertise."


Investment funds: Private equity funds

"Quick to respond and high level of service."



"Breadth of knowledge and proactivity."


Project finance

"They are very accurate in their risk assessment and legal advice. They provide professional assistance in a timely manner. They are reliable and hard working. They are sensible in their pricing."


Project development : Energy

"They have a deep and thorough knowledge of the energy sector in Cyprus and the local administration. They provide services in a wide range of issues, including corporate and financing. They are influential in the local market and their reputation is an asset to our project."


Restructuring : Corporate

"Chrysostomides can provide professional input re Cyprus law."

E Ioannides & Associates

Incorporated in January 2020, E Ioannides & Associates is a Cypriot boutique law firm focused on commercial work. 


Focuses / specialisms  

Within financial and corporate the team’s focus areas have been in M&A and financing transactional work.  

The firm often advises start-ups and has been especially active in the Cypriot real estate, pharmaceuticals and software development sectors. 


Key clients  

Key recent clients include bluVerve Maritime Software, Loved by Parents, Joannides + Co Limited and Multi-Consult Limited. 


Client feedback: 31st edition (2020/2021) 


"Personal service, attention to detail, always available for feedback, answer questions, and diligent delivery of services." 

"Quick to respond, good follow-up in a friendly and approachable manner." 

"Timely feedback and professional services." 

"Very responsive, knowledgeable, hardworking, on time, work was of a very high standard." 

"Experienced, responsive, proactive." 

E Papandreou & Co

E Papandreou & Co is a Cypriot boutique business law firm formed in 2009. The firm’s offices are based in Nicosia.


Focuses / specialisms

The firm handles a variety of corporate matters, with strengths shown in re-domiciliations, cross- border mergers and funds.


Key clients

Key clients include Group DF, Piraeus Bank, Eurobank Cyprus, Ellaktor, Crowe Cyprus, Alrud, Eri Law, Semha Holdings, Staritem Investments, Levex Establishment, Dumont Real Estate Holdings and Grand Dalewest.


Client feedback: 31st edition (2020/2021)


"E Papandreou and Co LLC has an in-depth knowledge and understanding of the M&A and finance sector and the relevant legal and regulatory framework. Their services are commercially orientated and manage to provide solutions to complex issues. We appreciate their responsiveness and overall quality of their services."


Restructuring : Corporate

"They are well used to the peculiarities of our client's structures and are not afraid to openly discuss issues and make recommendations. Creative thinking and full understanding of various jurisdictional regulatory issues are very important."


Restructuring and insolvency

"Good knowledge of the law. Very practical in its approach and solutions proposed. "

GC Hadjikyprianou & Associates

G C Hadjikyprianou & Associates is an independent Cypriot boutique commercial law firm. The firm operates offices in both Nicosia and Athens.


Focuses / specialisms

The firm’s financial and corporate support capabilities are extensive. It is often seen on banking, corporate (both general corporate support and M&A) and regulatory engagements.


Key clients

Key clients include European University Cyprus, Pimco Investment Management, Galileo Global Education, Laureate Global Education, Qquant Management, Astro Bank, Seaven Tanker Mangement, Globeducate, American Heart Hospital, Ellinas Group of Companies, SPS Private Securities, Alpha Mega Supermarkets and C.A.Papaellinas.

Harneys Aristodemou Loizides Yiolitis

Harneys is an offshore law firm present in Cyprus. The firm was established in 1960.


Focuses / specialisms

The firm’s financial and corporate practice is among the strongest in Cyprus. It is involved in complex, international financings and is often selected by large corporations as local counsel for their high-level acquisitions. The practice also features a pre-eminent investment funds team and a full-service regulatory team.


Key clients

The firm’s key clients include significant financial institutions from around the world such as Goldman Sachs International, JP Morgan Securities, Deutsche Bank, Credit Suisse, Citibank, European Bank for Reconstruction and Development, VTB Capital, ING Bank and Sberbank.


Client feedback: 31st edition (2020/2021)

Banking and finance

"Very professional, punctual, and detailed and accurate advice."


Investment funds

"Practical, commercially minded and transparent."



"Subject-matter experts in relevant field. Exceptionally responsive. Very fast turnaround. "


Project development : Infrastructure

"Great response & very reliable."


Restructuring : Corporate

"Hands-on involvement from the lead partners Mr George Apostolou and Mr Aki Corsoni-Husain, as well as strong team members at all levels (incl. junior and mid-level). Ability to comprehend commercial issues with strong presentation and client-facing skills. Both Mr George Apostolou and Mr Aki Corsoni-Husain have also been very helpful in terms of preparing a response to an RFP for a joint client bid. I should also note that the managers of business development, Ms Andrea Charalambous and Ms Evi Nikou, have also been instrumental in managing the response from the Harneys group overall with regards to this joint pitch."


Kaimakliotis is a Cypriot boutique law firm. The firm was formed in 2016.


Focuses / specialisms

The financial and corporate practice has a distinct emphasis on corporate and M&A, joint ventures, corporate restructuring and general corporate advisory.  


Key clients

Key clients include Ant Financial, DraftKings, Avax / Terna construction consortium, Novator, Interxion, DCH Group, I Squared Capital, Gazprombank, Alfa Bank Group, Skybound Capital Group, Linklaters, DLA Piper, Morgan Lewis, Baker McKenzie and Avellum.


Client feedback: 31st edition (2020/2021)


"Always extremely responsive and the quality of their work product is high. Very pragmatic in their approach."

"Pavlos Kaimakliotis and his team provide 'Magic Circle' level of service both so far as quality and accessibility is concerned. They really stand out among Cyprus counsel. "

"They are very prompt, always ready to help, their work is of a very high quality too."


Restructuring : Corporate

"One of the most responsive Cyprus lawyers providing advice and assistance during weekends and public holidays. Very clear, structured and thorough advice."

LC Law Stylianou & Associates

LC Law Stylianou & Associates is a Nicosia based boutique Cypriot law firm.


Focuses / specialisms

The firm is focused on financial and corporate with 80% of its work being in this aera.

Recently the firm has worked on mandates in the banking, capital markets and M&A space.


Client feedback: 31st edition (2020/2021)


"Boutique firm that is flexible and accommodating. Friendly and accessible, swift and decisive, efficient."


Private equity

"Streamlined process, one-stop shop."

Michael Kyprianou & Co

Established in 1991, Michael Kyprianou & Co is a full-service firm Cypriot firm with offices across in Nicosia, Limassol and Paphos. It has international branches in Athens, Thessaloniki, Birkirkara, Dubai, Kiev and London and is part of legal networks including Multilaw, World link, IFG, NETLAW Referral network, and China Go Abroad. 


Focusses / specialisms 

The firm is active in banking and finance, M&A and restructuring, and is experienced in cross border financing work as local counsel. 


Key clients 

The firm’s clients include multinational banks present across Europe. 


Research period review: 31st edition (2020/2021) 

Over the most recent research period, the firm worked on a lot of financial transactions, especially in the banking and restructuring industries. In banking, the team represented buyers and lenders in corporate and acquisition financing, as well as refinancings. Many of the corporate financing matters were crossborder deals. The firm also represented several companies in out of court restructuring matters.


Deal highlights: 31st edition (2020/2021)

IVI RUR3.7 billion loan agreement


Client feedback: 31st edition (2020/2021) 

Banking and finance

“Michael Kyprianou & Co is very familiar with maritime law and in particular with Cypriot solutions in this respect.”


Highly responsive. Flexible and accommodating. Reliable. Personable. Get the job done (and we could not have got ours done without them). Takes on ‘historic’ deals with minimal fuss and input required from us - very much appreciated!”


“Very prompt and efficient service - able to deal with the issues which matter effectively and provide clear advice.”


“Always very responsive. Practical solutions always explored. Up front with fees.”


“Prompt responses in relation to wide range of Cyprus law matters, client-oriented approach, efficient drafting Cyprus of law security documents, providing capacity legal opinions in relation to Cyprus obligors. Team is always working well under tight deadlines and coming up with creative solutions to any issue we are facing.”


“Michael Kyprianou & Co provided a strong support during our transaction in relation to the Cyprus law governed security and other Cypriot matters, they are very quick and reliable.”


“Efficient, quick turn-around, well thought out documents.”


Ioanna Solomou

“Very knowledgeable and able to impart that knowledge in an easily understandable way. Clear strategic thinker. Provides a prompt and efficient service.”


Kyriakos Constantinou

“Kyriakos is very skilled, solution-oriented lawyer with a deep knowledge of maritime law. It's been always a pleasure to work with him and he provides services in a timely manner.”


“Highly responsive and accommodating. Takes the initiative. You can completely rely on Kyriakos to get the job done on time and on budget.”


Lorena Charalambous

“Always eager to help in any way she can, understanding our needs, delivering prompt and efficient advice.”


“Lorena is very experienced and is able to suggest excellent creative solutions to resolve difficult situations.”


“She is very prompt in replying to requests and had a deep understanding of the field.”


Savvas Savides

“Always available to speak. Responsive to emails practical solutions to difficult issues.”