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 Venus Wine & Spirit Merchants PLC on its acquisition by Booker Limited
Harris Kyriakides is delighted to have advised on the acquisition of Venus Wine & Spirit Merchants PLC by Booker Limited, a transaction shortlisted for Deal of the Year (£40m+) at the South East Dealmakers Awards - Read More...
Cyprus Parliament aligns law with EU Directive on Corporate Tax Transparency
On 21 November 2024, the Cyprus Parliament passed legislation amending the Companies Law to align with Directive (EU) 2021/2101. This directive mandates public disclosure of income tax information by large multinational enterprises (MNEs), enhancing transparency - 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...
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.
Compensations Booklet 2024
In our Compensations booklet for 2024 you may find a summary of all judgments issued by Cypriot courts in 2023, in which compensations were awarded for damages resulting from any form of accident.
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...
The 9th Pancyprian Conference of PSEAD – Key takes on European Trends and Industry Insights
The 9th Annual Conference of the Pancyprian Association of Professional Insurance Intermediaries (PSEAD) took place in May at the Strovolos Municipal Theatre, focusing on key European trends affecting the insurance sector.
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...
Amendments to the Cyprus Companies Law, Cap. 113: streamlining cross-border conversions
Effective as of 15 March 2024, new legal provisions apply to Cyprus companies converting to companies in other EU Member States and vice versa.