The ‘very competent’ team at Chrysses Demetriades & Co Law Office is ’friendly, knowledgeable and keen to help’. The practice regularly acts for some of the world's largest ship management and ship owning companies, as well as prominent banks and financial institutions. Michael McBride and Marion Madella co-head the department, which is active in ship finance matters, sale and purchase agreements, maritime insurance matters, regulatory compliance issues, vessel registrations and chartering. Senior associate Nikoleta Kleovoulou is singled out for her expertise in the space.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Very experienced. Their advice is concise. They accurately assess the degree of legal risk in a given situation.'
  • ‘A top law firm in Cyprus.'

  • ‘The firm offers an all round service ranging from shipping to corporate to finance to litigation etc. and thus can assist in complex projects where the expertise from various sections of the company may be required.' 

  • ‘Long experience in their fields and knowledge of their clients' business, thus enabling them to give firm advice with a commercial touch.'

  • ‘First-class ship finance practice, with strength and depth. Marion Madella is very experienced and very knowledgeable of Cyprus law. Efficient and diligent, with no nonsense. Always reliable.’

  • ‘Very experienced team. Nikoleta Kleovoulou is very efficient and responsive.’

  • ‘The service received from Chrysses Demetriades is always first class; they are deeply knowledgeable about the law and practices of the shipping pegistry and offer pragmatic and commercial solutions to any given problem. Further, they are always responsive.' 

  • ‘Nikoleta Kleovoulou is exceptional. She is technically brilliant and is able to provide clear, concise advice on a range of complex matters.'

Work highlights

  • Assisted multiple banks with all Cypriot legal aspects of a financing transaction for a EUR1,740,792,336.24 loan facility.
  • Advised a bank on all Cypriot legal aspects concerning a financing transaction for a $900,000,000 loan facility.
  • Assisted a bank with all Cypriot legal aspects regarding a financing transaction for EUR410,000,000 loan facilities and amendment agreements.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Michael McBride, Marion Madella

Other key lawyers

Nikoleta Kleovoulou