Insights
Insightful Perspectives with Meaningful Impact
Cyprus updates legislation on recovery and resolution of credit institutions and investment firms
Introduction The Cyprus House of Representatives has approved two legislative amendments to align national laws with EU directives on the recovery and resolution of credit institutions and investment firms. These developments are part of a - 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...
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...
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.
Insider Magazine – Green Transition
Harris Kyriakides is featured in the latest issue of Insider Magazine, discussing the multifaceted legal aspects of the green transition in Cyprus and the EU, including a wide range of regulations, compliance mechanisms, and incentives.
Supreme Court Directive on adjudication of claims related to credit facilities
The Supreme Court issued a directive on July 26, 2024, stating that for cases arising from or related to credit facilities, a relevant notice must be submitted to the registry of the court where the - 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.
Parliamentary Committee advances constitutional amendments for environmental rights
On 10 July 2024, the Parliamentary Committee on Legal Affairs, Justice, and Public Order convened to discuss significant legislative proposals aimed at amending the Constitution of the Republic of Cyprus.
Judgment of the Court of Appeal regarding the amount due and interest on Notice type IA
The judgment deals with the content of Notice type IA in relation to the specification of the amount due and the interest.
Adoption of the Corporate Sustainability Due Diligence Directive
On 24 May 2024, the Council of the European Union (the EU) formally adopted the Corporate Sustainability Due Diligence Directive (the Directive) as part of the EU Green Deal. This Directive represents a significant advancement - Read More...
Latest Developments in Banking Law
On 26th June 2024, Harris Kyriakides successfully hosted the seminar titled “Latest Developments in Banking Law.”
Who’s Who Legal Energy 2024
Who’s Who Legal has recognised Eleni Neoptolemou as a leading practitioner in its Energy 2024 guide.