Insights
Insightful Perspectives with Meaningful Impact
Harris Kyriakides advised Eurobank Greece on its acquisition of a landmark property at Kifissias Avenue
Harris Kyriakides advised Eurobank, acting via Grivalia Management Company, on its acquisition of 100% of the share capital of a Cyprus-based subsidiary of DIMAND S.A., securing ownership of the landmark property at Kifissias Avenue, now - 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...
Obstructing the dawn raid: EU competition law expands to digital communications
The European Commission’s €15.9 million fine against IF&F signals an expanded enforcement approach, extending its investigative powers to digital communications like WhatsApp, setting a precedent for future competition law investigations.
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...
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...
Judgment of the Court of Appeal regarding trapped buyers
The judgment addresses whether the decision of the Director of the Land Registry to transfer the property in the name of a trapped buyer and release the mortgage is consistent with the Constitution.
Constitutional Clarity: The decision of the Court of Appeal on Cyprus Law in relation to the provisions 44ΙΗ – 44ΚB of the Transfer and Mortgage of Real Estate Law of 1965 (9/1965)
A recent judicial ruling declared unconstitutional the provisions contained in the articles 44IH – 44KB of the Transfer and Mortgage of Real Estate Law of 1965 (9/1965). The abovementioned articles regulate the process of issuing - Read More...
Commission for the Protection of Competition launches public consultation on priority criteria
The Competition Protection Committee is initiating a public consultation to establish criteria for prioritising its duties and powers as defined by the 2022 Competition Protection Law. This initiative aims to enhance transparency and effectiveness in - Read More...
Injunctions suspending demands on performance bonds and bank guarantees
Performance bonds and bank guarantees are vital in ensuring smooth commercial operations. They act as safeguards for parties engaged in business, particularly in industries like construction and contracting. These bonds assure that obligations will be - Read More...
Model European Rules of Civil Procedure
The ELI and UNIDROIT convened a pivotal Dissemination Conference at the Austrian Academy of Sciences in Vienna on February 5 and 6, 2024. The event spotlighted the enduring significance of the ELI-UNIDROIT Model European Rules - Read More...
Cyprus Commission for the Protection of Competition launches public consultation on amendments to the law for the Protection of Competition
The Cyprus Commission for the Protection of Competition (the Commission) has launched a public consultation on the draft bill titled “The Protection of Competition (Amendment) Law of 2024”. The consultation will run from April 4, - Read More...
Cyprus Parliament Approves Lifting MEMOs on Assets in the Occupied Areas
Cyprus Parliament unanimously passed the “Lifting of Encumbrance /Memo” on occupied assets.