Cyprus Court Dismisses $50M Order in Crypto Tokenization Dispute
Economou & Co LLC, together with leading counsel Marcos Dracos KC, successfully represented eight defendants in the first major case before the Cypriot Courts involving crypto tokenization in commodity trading. The claimants had obtained an ex-parte freezing order against several defendants. Following full adjudication, the District Court of Limassol dismissed the application and discharged the freezing …
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Historic Judgment: Arbitral Award Recognized Against Sovereign State in Cyprus
We are pleased to announce a significant victory in our international arbitration and enforcement practice. In a judgment issued on 14 July 2025, the District Court of Nicosia recognized and declared enforceable a foreign arbitral award of approximately USD 19 million against a sovereign state. This case is of particular legal significance, marking the first …
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Balancing Risks and Responsibilities in Providing Medical Services
Global Vietnam Lawyers would like to introduce our valued readers to an article by Mr. Do Duc Anh titled “Balancing Risks and Responsibilities in Providing Medical Services” published in The Saigon Times, No.42-2025 (1.818) on October 16, 2025. *** In an era where the “win-win” approach to business cooperation is widely embraced, some enterprises still opt for a self-serving path—securing …
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Indian Subsidiaries in the Transaction Perimeter: Key Issues in Cross-Border M&A
Authored By: Moksha Bhat (Partner) and Shreya Bhukhmaria (Associate) Introduction As one of the world’s fastest-growing major economies, India is increasingly becoming an important jurisdictional touchpoint for cross-border M&A deals. The focus of this note is on instances where there is an indirect acquisition of an Indian subsidiary on account of a transaction that …
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A law has been adopted that allows booking men who are not registered or are wanted by the TCR
On October 9, the deputies adopted a law that provides for the possibility of booking men liable for military service who are not registered or are wanted by the TCR (draft law No. 13335).
Beneficial owner of income for applying benefits under DTTs: the Ukrainian approach
International double taxation treaties (“DTTs”) often provide that income of non-residents from Ukraine in the form of dividends, interest or royalties, can be subject to preferential tax rates. However, these benefits are not automatically applicable – certain requirements must be complied with to activate them.
The Intermediate Track and the perils of fixed costs
The intermediate track was introduced to assist with the general streamlining of the civil courts. Whether they have achieved this remains an open question. It is largely too early to tell, after all even today only 2% of cases receive an allocation to the intermediate track[1].
Legal Insight: In-depth Analysis of the Risks of Operating a Cannabis Business in Thailand and Mitigation Strategies
Cannabis Legal History in Thailand Thailand has a long and complex relationship with cannabis. Historically, cannabis (ganja) was widely used for medical, culinary, and cultural purposes. For centuries, Thai traditional medicine employed cannabis extracts as remedies for pain relief, appetite stimulation, and treatment of various ailments.
New Legal Guardrails for Thailand’s Wellness Industry
On 26 September 2025, a Notification concerning consumer protection in “wellness services” was promulgated in the Royal Gazette. This legal instrument marks a milestone: it imposes clearer obligations and restrictions on wellness-service providers, and strengthens consumers’ rights in an industry long characterized by ambiguity.
Strengthening the Prevention of Workplace Harassment
Customer Harassment and Sexual Harassment towards Applicants In June 2025, some laws were amended in order to place additional obligations on employers for the purpose of protecting people from workplace harassment, and these amendments are scheduled to take effect in 2026. An overview of these coming changes is outlined below.