Guidance from the Cyprus Court of Appeal on interim injunctions involving fraud allegations
10 October 2024
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.
Read MoreEU Justice Scoreboard 2024: Cypriot Justice Remains at the Bottom of Europe
19 September 2024
Despite Cyprus’ legislative efforts to enhance its judicial system, Cyprus remains behind other EU countries in the number and scope of adopted measures, leading to the lowest overall performance within the European Union.
Read MoreConstitutional 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)
18 July 2024
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 title deeds to “Enclaved” buyers through elimination or discharge of previous encumbrances, such as a mortgage.
Read MoreInjunctions suspending demands on performance bonds and bank guarantees
11 June 2024
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 fulfilled, thereby promoting confidence and stability in commercial dealings. Their use is often described as essential for maintaining trust and ensuring reliable transactions in the marketplace. However, in cases where disputes arise, contractors who have provided bank guarantees may seek the assistance of the court to prohibit the demand on the bank guarantee, in an effort to avoid the relevant sums being made available to the owners.
Read MoreEU Council adopts conclusions on the Commission's annual report on the application of the EU Charter of Fundamental Rights
31 May 2024
The significance of effective legal protection and access to justice is underscored in the EU Council’s conclusions, vital for upholding and enforcing the rights enshrined in both the Charter and EU legislation.
Read MoreInternational Conference Explores Conservatory Measures (Interim Injunctions) in Cypriot and Greek Law
28 May 2024
Legal scholars and practitioners gathered on 22 April 2024 for an insightful online conference titled "Conservatory Measures (Interim Injunctions) In Cypriot and Greek Law." Hosted by the Aristotle University of Thessaloniki, the event delved into critical aspects of interim injunctions within the legal frameworks of Cyprus and Greece.
Read MoreEU Takes Major Step Towards Digitalising Justice Systems
24 May 2024
The European Union has marked a significant advancement in its quest to digitalise justice systems with the adoption of Regulation (EU) 2023/2844 and Directive (EU) 2023/2843. These measures, ratified on December 13, 2023, aim to streamline electronic communications in civil, commercial, and criminal matters. Key provisions include the establishment of a uniform legal framework for electronic communication, the use of videoconferencing technologies in legal proceedings, and the introduction of electronic signatures and payments. However, challenges such as fragmentation within the EU's legal framework and varying digital development levels across Member States remain, underscoring the need for continued collaboration and adaptation.
Read MoreFirst Court Decision in Cyprus that has allowed Witness Testimony via videoconferencing in a Civil Case
22 May 2024
For the first time in Cyprus, a court decision has been made in a civil case with witness testimony being allowed via videoconferencing, pursuant to Article 36A of the Evidence Law, Chapter 9. This decision highlights the Cypriot courts’ recognition of the need to expedite changes and implement technological advances, in order to remain uniform with other European countries.
Read MoreLiquidation petitions against Cyprus companies after the issuance of arbitral awards
22 March 2024
In circumstances where a monetary arbitral award is issued against a Cyprus company, the issue arises as to whether the arbitral award would need to be recognised and enforced before the Cyprus Courts prior to the presentation of a petition for liquidation of the judgment debtor.
Read MoreCyprus implements eJustice in civil litigation
22 January 2024
The implementation of eJustice represents a monumental shift in Cyprus's civil justice system, moving away from conventional paper-based procedures towards a modern online platform.
Read MoreCyprus introduces legislation for class actions on consumer claims
19 October 2023
Cyprus has introduced new legislation allowing the filing of class actions on consumer claims. The new law on the Issuance of Court Orders and the Filing of Representative Actions for the Protection of the Collective Interests of Consumers of 2023 was published in the Cyprus Official Gazette on 13 October 2023
Read MoreCyprus enacts interim fast track civil procedure for delayed cases
16 January 2023
The Supreme Courts of Cyprus, exercising constitutional powers and having regard to the extensive delays in the adjudication of civil cases before District Courts in Cyprus, has enacted an interim fast track civil procedure for delayed cases.
Read MoreProject Enforcement Atlas - Cyprus civil procedures on enforcement of private judgments – Cyprus Report
05 July 2021
The EU Enforcement Atlas Project is a project funded by the European Commission and initiated by the Centre of European Constitutional Law (Athens, Greece) and the European Union International of the Judicial Officers (UIHJ), aiming to provide information on enforcement procedures in the EU member states.
Read MoreRecent case law on search orders (Anton Piller orders) in aid of winding up petitions of Cyprus companies
25 June 2021
In a recent judgment of the Cyprus Supreme Court in Centaur Trust Group Ltd and xxx Papaprodromou, Civil Application No. 109/2021, the Court affirmed the jurisdiction of the Cyprus Courts to issue search orders (Anton Piller orders) in aid of winding up petitions of Cyprus companies based on oppression on the minority or on just and equitable grounds.
Read MoreRecognition and enforcement of UK judgments in Cyprus post-Brexit
13 April 2021
This article briefly describes if and how Brexit has impacted the recognition and enforcement of UK judgements in Cyprus.
Read MoreNorwich Pharmacal Orders and Bank Secrecy
19 February 2021
Norwich Pharmacal Orders (NPOs) are frequently issued against banks. The conflict between bank secrecy and orders for disclosure of information is inevitable.
Read MoreCriminal indictments and issue arrest warrant against Russian residents
19 May 2020
The Cyprus Supreme Court confirms the ability to serve criminal indictments and issue arrest warrant against Russian residents for criminal matters.
Read MoreCyprus Supreme Court approves use of independent IT
02 May 2019
On 14 November 2018, the Supreme Court of Cyprus issued its decision in Metaquotes software ltd v xxxxx Dababou Civil Appeal No. E234/2016.
Read MoreICSID Proposes Updates to Investment Dispute Settlement Rules
21 August 2018
Read MoreImportant Revisions Of The Cyprus Companies Law (CAP.113)
09 July 2018
Read MoreNew Insolvency rules in the European Union
02 June 2015
Read MoreRecognition and enforcement of judgments in Cyprus - Brussels I Regulation (recast) now in force
27 January 2015
Read MoreThe Cyprus Supreme Court reiterates that a petition to wind up based on an arbitral award without prior registration and recognition is doomed to fail
30 November -0001
An appeal to the Supreme Court concerning a decision by the court of first instance that dismissed a petition to wind up failed on the grounds that the existence of an arbitral award itself without registration and recognition does not produce legal effect in Cyprus.
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