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...
Whiplash: Clarifying mixed injury claims and tackling rising insurance costs
Following the scrutiny of the whiplash reform report, the Supreme Court has upheld the Court of Appeal’s decision in Hassam & Anor v Rabot & Anor [2023] EWCA Civ 19, providing clarity on the correct approach to - 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...
Parliament has passed the new framework for credit managers and credit purchasers to align with European Directive 2021/2167
By a majority vote, Parliament has enacted a legislative package to align national law with European Directive 2021/2167, which establishes a unified framework for credit servicers and purchasers. The legislation aims to facilitate the creation - Read More...
New case law in Cyprus on insurance recovery
Recovering payments made for third-party accidents under an insurance policy often proves more complex than insurers initially anticipate. Recent court rulings highlight that insurers must obtain a court judgment to recover compensation in certain circumstances.
IIC Hosts Seminar on Inheritance Law: Delivered by Nicolas Kyriakides
The Insurance Institute of Cyprus (IIC) recently conducted a one-day seminar titled “Succession and Insurance,” featuring a presentation by our partner, Nicolas Kyriakides. This seminar provided a comprehensive introduction to inheritance law, specifically addressing its - Read More...
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...
Court of Appeal’s significant judgment on Rome II Regulation in Nicholls v AXA
On 27 June 2024, the English Court of Appeal delivered a judgment in Nicholls v AXA Assistance Group T/A AXA Travel Insurance [2024] EWCA Civ 718, addressing crucial issues under the Rome II Regulation (“Rome - 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...
The 95th EJN (in Civil and Commercial Matters) Meeting in Brussels
Nicolas Kyriakides served as one of the representatives for Cyprus, recently took part in the 95th meeting of the European Judicial Network (EJN) held in Brussels. The meeting particularly delved into EU procedures concerning the - Read More...