Elias Neocleous & Co LLC advises Blackstone on Cyprus law aspects of its investment in Superbet Romania
Paphos court rules against purchaser’s right to block property sale by auction
In a recent judgement issued by the District Court of Paphos – ‘ Y.A and Other v Bank of Cyprus ‘ – it was decided in favor of our client/bank that the applicant purchaser did not have the right to issue proceedings to cancel or postpone a private property sale by auction using the ‘ […]
Elias Neocleous & Co LLC is very proud to support the Legal 500 GC Powerlist for Greece and Cyprus
It is a great honour and pleasure for us to co-sponsor with our esteemed colleagues and friends KLC Law firm, Athens the 2019 Legal 500 GC Powerlist event for Cyprus and Greece. The gathering will recognize those professional colleagues who during the past year have distinguished themselves amongst the top 100 legal firms in Cyprus […]
Will Transparency override Privacy? Introducing the ‘Public Register ‘
Under the current legal framework in Cyprus, shares can be held through nominees, which can be either individuals or entities, in trust for the beneficial owner of the shares without public disclosure of the ultimate owner’s identity. Therefore, the name listed on the certificate of shareholders of an entity can merely state the nominee and […]
New Law on Protection of natural persons with regard to the processing of personal data
A new Cyprus law was enacted in March 2019 (Law 44 (I) of 2019), with title “Law on the protection of natural persons regarding the processing of personal data by competent authorities for the purposes of the prevention, investigation, detection or prosecution of criminal offenses or execution of criminal penalties and for the free movement […]
Cyprus : Sale price for NPL secured assets
Author: Michael Pelosi , Sidiropoulos Ioannis Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area: Banking and Finance Link
New form introduced for safety management and port facility security requirements
Author: Costas Stamatiou Law Firm: Elias Neocleous & Co LLC Publisher: International Law Office Practice area: Admiralty and Shipping