CYPRUS: APPLICATION OF THE DOCTRINE OF FORUM NON CONVENIENS AFTER THE CASE OWUSU -vs- JACKSON Introduction: The Cyprus legal system followed English law until 1960. Since then, it has been...
CYPRUS: ESTABLISHING JURISDICTION OF CYPRUS COURTS Cyprus is a Member State of EU and since its accession is bound by the EU Regulation 44/2001, on Jurisdiction, Recognition and Enforcement of...
CYPRUS: ENFORCEMENT OF ARBITRATION AWARDS In a recent judgment, a Cypriot 1st Instance Court, decided in the context of interlocutory proceedings for the issue of interim relief, that...
CYPRUS: LIFTING THE CORPORATE VEIL. It is a fundamental principle of Cyprus Company Law that a limited liability Company has a legal personality and identity which, is separate from its...
Decision of the Council of Ministers dated 15/04/2013 PLAN FOR THE EXCEPTIONAL NATURALIZATION OF INVESTORS IN CYPRUS IN ACCORDANCE TO THE PARAGRAPH 2(F) OF THE THIRD TABLE OF THE CIVIL REGISTRY...
On the 25 July 2011, the European Commission released the proposed European Account Preservation Order (EAPO) Regulation (“the EAPO Regulation”), which has been submitted for consideration by the...
CYPRUS: OWUSU -V- JACKSON AND THE END OF THE DOCTRINE OF FORUM NON CONVENIENS. Having being a British Colony, Cyprus has adopted the Anglo-Saxon legal system, which is based on the Common...
Commercial fraud is not a cause of action in itself. It covers a wide range of activities which encompasses cause of action involving deliberate actions which usually amounting to dishonest or...
CYPRUS: The equitable remedy of discovery order of a Norwich Pharmacal type or a Bankers Trust type, constitutes an independent cause of action enabling a victim of a wrongdoing to file a discovery...
CYPRUS: Cyprus Courts have jurisdiction to grant discovery orders of a Norwich Pharmacal type or of a Bankers Trust type, in aid of pending foreign proceedings or for the commencement of future...