PUBLICATIONS 2011
Intra Group Loans (back-to back loans) through Cyprus
Thursday, 21 July 2011 01:48Cyprus Companies are in wide use as major vehicles in international tax structuring mainly due to the broad range of legal and tax related benefits they can offer because of the flexible tax system...
The Duties of Directors of a Cyprus Company
Thursday, 02 June 2011 20:15Directors exercise extensive powers in the management of their companies, influencing their company’s conduct, by virtue of their involvement in the decision making process. Under Cyprus...
Shareholder's Agreement - Benefits and advantages
Thursday, 02 June 2011 20:13What is a Shareholder’s Agreement? A Shareholder’s Agreement is distinct from the company’s constitution. Without a Shareholder’s Agreement, the Company would be controlled solely and exclusively...
SHAREHOLDERS AGREEMENTS OR JOINT VENTURE AGREEMENTS AND THE ANTI – DEPRIVATION RULE
Tuesday, 31 May 2011 20:18The deprivation principle, as derived from the authorities is that “there cannot be a valid contract that a man’s property shall remain his until his bankruptcy, and on the happening of that event,...
ARBITRATION – NEW YORK CONVENTION
Tuesday, 31 May 2011 20:17ARBITRATION – NEW YORK CONVENTION – REQUIREMENTS OF ARTICLE IV (1)(b) FOR THE PRODUCTION OF THE ORIGINAL ARBITRATION AGREEMENT OR OF A DULY CERTIFIED COPY OF SAME – STRICT INTERPRETATION AND...
Laws and Institutions
Tuesday, 19 April 2011 20:21International multilateral conventions 1) Is your country a contracting state to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards? Since when is the...
Mutual Funds in Cyprus: Open Ended (UCITS) and Closed Ended (ICIS)
Tuesday, 22 February 2011 19:29The OPEN-ENDED FUNDS or OPEN-ENDED UNDERTAKINGS FOR COLLECTIVE INVESTMENT IN TRANSFERABLE SECURITY (“UCITS”), are regulated by the Law 200(1)/2004. The Closed-Ended Funds or International...
Cyprus Company's Constitutions, Shareholders Agreements and Pontential Conflicts
Tuesday, 22 February 2011 19:27I. INTRODUCTION The use of a large number of Cypriot Companies as vehicles for carrying out joint ventures, led JV Partners to enter into Shareholders Agreements or JV Agreements, sometimes,...
Cyprus: An Ideal Place for Direct Investment
Tuesday, 22 February 2011 19:25I. INTRODUCTION Cyprus is an ideal place for direct investments, because of inter alia, its strategic position, its excellent infrastructure, its favourable tax regime, its well trained labour,...
District Court Upholds Shareholder’s Right to Petition for Winding-Up
Tuesday, 22 February 2011 19:24In two recent cases the Limassol District Court has held that the statutory right of a shareholder to petition for the winding-up of the company in which it is a member cannot be excluded and/or...
CYPRUS - ANTI-SUIT INJUNCTIONS
Tuesday, 11 January 2011 19:31Cyprus is a Common Law jurisdiction, and although many important areas of substantive law have been codified, English Common Law principles are still applicable where there is no covering specific...
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