Project Finance 2022 – Cyprus – LexGTDT
Types of collateral What types of collateral and security interests are available? A wide range of types of collateral and security are available under Cyprus law. Collateral and security arrangements can be given over movable or immovable property. Such types include, among others, security over immovable property whose main type is a mortgage, pledges over …
International Arbitration 2021 – Cyprus – Chambers Practice Guides
1. General 1.1 Prevalence of Arbitration Arbitration is usually used in Cyprus for construction disputes, shareholder disputes, banking disputes between debtors and co-op institutions, and commercial disputes. Despite the fact that international arbitration has become increasingly popular over the last few years, litigation is clearly the most favoured method of resolving disputes in Cyprus. However, …
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Enforcement of Judgments – Chambers Global Guides
The new Enforcement of Judgments guide features 29 jurisdictions. The guide provides the latest legal information on the identification of another party’s asset position, the costs and time involved in the enforcement of domestic and foreign judgments, challenges to enforcement, and the process of enforcing arbitral awards.
Alternative Investment Funds – ICLG – 2021
The new edition of ICLG’s Alternative Investment Funds 2021 covers regulatory frameworks, fund structures, investments, reforms and taxation. Angeliki Epaminonda and Angelos Onisiforou contribute the Cyprus Chapter.
How to manage claims and dispute resolutions in construction sector?
The construction industry is the very essence and backbone of the UAE’s economy, with an estimated valuation of USD 101 billion in 2020 and is projected to reach a valuation of USD 133 billion by 2026. The fast-paced growth of the construction industry also comes with the increasing number of construction disputes.
How to deal with a car accident in the UAE and its fines?
Car accidents can occur due to a variety of reasons; more often than not, negligence constitutes a key contributing factor. The statistical analysis of the number of car accidents in the UAE is currently at 6 per 100,000 people. Fines are typically imposed for traffic violations in the United Arab Emirates according to the Federal …
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What are the latest updates on Covid-19 restrictions and fines for the offenders in the UAE?
In response to the Covid-19 pandemic, the public authorities in the UAE have taken proactive and adequate measures to ensure the safety and wellbeing of its citizens, residents and visitors. The UAE currently leads the world nations in the number of Covid-19 vaccines administered, with 93% of its population being vaccinated and 82 % being …
Will the “Black Swan” fly over to Cyprus?
As widely reported, on 4 October 2021, the Judicial Committee of the Privy Council issued its much anticipated decision in Broad Idea International Limited v. Convoy Collateral [2021] UKPC 24. With its judgement, the Privy Council effectively upheld the Black Swan jurisdiction, which is derived from the BVI judgement in the case Black Swan Investment …
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BEING A DIGITAL NOMAD IN CYPRUS
The outspread of the covid-19 pandemic left people worldwide with no other choice but to find ways to adjust to the new normal. While two years ago the concept of being a digital nomad could sound to most of us, more like a concept coming out from a science fiction film, it is not implausible …
Changes to the Existing Tonnage Regulations
In recent months, the Tonnage Regulations (Subsidiary Legislation 234.19) underwent minor developments through the Tonnage (Amendment) Regulations (Legal Notice 165 of 2021), which primarily introduced new definitions for ‘Hull Length’ and ‘Length Overall’ (‘LOA’). This has significantly altered the way in which vessels and yachts are measured for the purpose of obtaining the applicable Tonnage …
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