Pavlos Aristodemou and Nancy Erotocritou co-head the first-rate banking and finance department at Harneys, which is particularly well-known for its cross-border capabilities. The group often leads on major non-performing loan transactions and receives a regular flow of mandates to advise on the restructuring of large conglomerates and corporates. These clients mostly operate in sectors such as infrastructure, oil and gas, as well as real estate. The firm remains at the forefront of capital markets and securities work and fields an excellent investment funds team in Cyprus. This team works with custodial banks, fund managers and investment advisors, in addition to large institutional blue-chip companies. The practice enjoys a steady flow of referral work from leading international law firms. London-based Aki Corsoni-Husain also garners praise for his work in this space.
Testimonials
Collated independently by Legal 500 research team.
‘Highly capable, responsive and user-friendly team - especially Aki Corsoni-Husain - who have provided significant support on various complex sanctions issues. They are definitely a stand-out team offering corporate sanctions advice and support in Cyprus.’
‘Over the last few years, we have been consistently very impressed with Aki Corsoni-Husain and his team.'
Key clients
- EBRD
- Lenders to Windstorm Trading & Investments Limited and Zakłady Farmaceutyczne Polpharma S.A.
Work highlights
- Acted as Cypriot legal counsel for a significant refinancing deal of MHP’s Eurobonds involving three development finance organisations joining forces, the US International Development Finance Corporation (DFC), International Finance Corporation (IFC), and European Bank for Reconstruction and Development (EBRD).
- Acted as Cypriot legal counsel to a syndicate of banks on the Cyprus legal aspects of a new multicurrency term loan and revolving credit facility for Windstorm Trading & Investments Limited and Zakłady Farmaceutyczne Polpharma S.A. The transaction value totalled €730m.