CYPRUS: ANTI-SUIT INJUNCTIONS GRANTED BY CYPRUS COURTS FOLLOWING WEST TANKERS For long the traditional approach of English courts had been to protect the sanctity of agreements between parties...
CYPRUS: SERVICE OF JUDICIAL AND EXTRAJUDICIAL DOCUMENTS IN CIVIL AND COMMERICIAL MATTERS AS PER REGULATION (EC) No 1393/2007 The cooperation between the judicial authorities of the Member States...
Cyprus India Relations. Cyprus may no longer be a tax optimised route for Indian funds or may it? A publication in the Economic Times has caused much debate in India since after blacklisting...
WHERE DOES MANAGMENT AND CONROL LIE? This short note is dedicated to the test of residency in Cyprus for the purposes of taxation. It should be kept in mind that the test of...
CYPRUS: JUDICIAL SYSTEM AND COURT PROCEDURE JUDICIAL SYSTEM AND COURT PROCEDURE LITIGATION ...
CYPRUS: SERVICE OF WRIT OF SUMMONS TODEFENDANT FOREIGN COMPANIES, WHICH HAVE CYPRIOT RESIDENT DIRECTORS SHALL BE DONE AFTER OBTAINING LEAVE TO SERVE OUTSIDE THE...
ASSET PROTECTION & CYPRUS INTERNATIONAL TRUSTS A. WHAT DOES ASSET PRTECTION MEAN? Asset protection is the adoption of advance planning strategies which place, in a legal and...
Cyprus: A holder of an International Arbitral Award, before its registration in Cyprus, under the New York Convention, cannot be regarded as a “Creditor”, within the meaning of Section 212 of the...
Cyprus: The issue whether a person, is signatory to an arbitration agreement, shall be decided by the Arbitrators, and not a state Court. Only in clear cases, such an issue shall be decided by...
Cyprus: As a general principle, the mere fact that there are multiple parties and multiple issues, which are inter-related and some, but not all, defendants are bound by an arbitration clause, is...
District Court of Nicosia Rules that a Russian Court Creditor Cannot Seek Directly its Enforcement Against Foreign Defendants 30 June 2014 The District Court of...
CYPRUS: CORPORATE TAXATION - IMPORTANT PRACTICAL QUIDELINES IN ASCERTAINING THE PLACE OF EFFECTIVE MANAGEMENT OR PLACE OF MANAGEMENT AND CONTROL OF A CYPRUS...
CYPRUS: ENFORCEMENT OF RUSSIA JUDGMENTS IN CYPRUS . In all cases, where Russian Banks have claims against Russian citizens, pursuant to loan agreements, or guarantees, the Russian...
DO YOU HAVE A “CHANGE OF CONTROL” IN YOUR SHAREHOLDERS AGREEMENT? In the recent English case McKillen –v- Misland (Cyprus) Investments Ltd (2012) the Court decided that, a principle...