Insights
Insightful Perspectives with Meaningful Impact
CJEU Diarra Ruling on FIFA’s Transfer Regulations: Implications for international football and Cypriot clubs
Introduction In October 2024, the Court of Justice of the European Union (the CJEU) issued a ground-breaking judgment regarding FIFA’s Regulations on the Status and Transfer of Players (the RSTP). This ruling is perhaps the - Read More...
Harris Kyriakides advises Petrolina on its acquisition of ExxonMobil Cyprus
Harris Kyriakides advised Petrolina (Holdings) Public Ltd on its landmark acquisition of 100% of the share capital of ExxonMobil Cyprus Limited, a subsidiary of Exxon Mobil Corporation. The transaction remains subject to the approval of - Read More...
Cross-border recognition and enforcement of foreign court judgments
The accession and successful implementation of the Hague Convention of 2 July 2019 on the Recognition and Enforcement of foreign judgments in civil or commercial matters (the Hague Convention 2019 or the Convention) between the European Union member - Read More...
New era in the Cyprus arbitration regulatory framework
The institution of arbitration, as an alternative means of dispute resolution, is heading towards substantial reform following a relevant draft bill by the Ministry of Justice and Public Order, with the adaptation of the legislation - Read More...
EU seeks to ban “forever chemicals” in consumer products
The European Commission’s new initiative to phase out “forever chemicals” from consumer products marks a significant shift in the European market, impacting industries across various sectors. Background “Forever chemicals”, formally known as per- and polyfluoroalkyl - Read More...
Enhancing global legal cooperation: Special Commission on the HCCH Service, Evidence and Access to Justice Conventions
The HCCH Special Commission on the practical operation of the 1965 Service, 1970 Evidence and 1980 Access to Justice Conventions took place recently in the Hague. “The Special Commission meeting reviewed the Service, Evidence, and - Read More...
Judicial Proceedings via Videoconferencing: Practices and Proposals
Our Partner and President of the Reform and Civil Procedure Rules Committee of the CBA, Nicolas Kyriakides, expertly moderated the discussion alongside Secretary of the Committee, Ms. Constantina Zantira. The session addressed current practices, the - Read More...
Guidance from the Cyprus Court of Appeal on interim injunctions involving fraud allegations
A recent ruling by the Cyprus Court of Appeal provides key insights into the standards required for granting such injunctions, especially where fraud and conspiracy are alleged.
EU Justice Scoreboard 2024: Cypriot Justice Remains at the Bottom of Europe
Despite Cyprus’ legislative efforts to enhance its judicial system, Cyprus remains behind other EU countries in the number and scope of adopted measures, leading to the lowest overall performance within the European Union.
New developments in European state aid for aviation and the impact on Cyprus
The European aviation sector is undergoing significant regulatory scrutiny, particularly concerning state aid provided to airlines and airport operators. Recent decision by the European Commission has brought to light the complexities that EU member states - Read More...
FIFA publishes the first International Player Transfer Guide
FIFA has released its first-ever International Player Transfer Guide, aimed at providing stakeholders with a comprehensive understanding of the player transfer process. This initiative forms part of FIFA’s ongoing commitment to reforming the transfer system, - Read More...
Impact of EU sanctions on commercial contracts governed by Cyprus law
Cyprus legislation incorporates the sanctions regime promulgated by the United Nations and the European Union through the Law on the Implementation of Provisions of Resolutions or Decisions of the Security Council of the United Nations - Read More...