Firms in the spotlight: Patrikios Legal
The corporate and M&A team at Patrikios Pavlou & Associates LLC is ranked in the top tier for Cyprus for providing professional, high-quality consultancy services to clients. The team effectively handles complicated cross-border transactions, including mergers and acquisitions, and assists large groups of companies and prestigious international law firms on Cyprus corporate law issues.
Clients of the corporate and M&A department include public and private companies and major international groups of companies operating in various industry sectors such as oil & gas, energy, metals production, automobile and engineering, IT, construction, financial services, aviation, transport and other.
Headed by three partners, the corporate team provides professional legal advice and guidance to clients in the following areas:
- Company formation and company administration
- Partnership formation and dissolution
- Corporate management, with full domiciliation services
- Corporate reorganization, reconstruction, restructuring and optimization of business structures
- Company liquidation and winding up
- Shareholder agreements and corporate governance
- Loan, agency and distributorship agreements
- Lease and hire-purchase agreements
- Share sale and purchase agreements
- Local and cross border mergers, acquisitions and amalgamations
- Joint ventures and cross border transactions
- International tax planning
- Legal and corporate due diligence
- Corporate finance, with a particular focus on takeovers, restructurings, mergers and acquisitions
- Trust Settlement and trust administration
A sample of recent cases and projects handled includes the following:
- Advising one of the world’s largest providers of products and services to the energy industry on its proposed acquisition (value of USD 975 million) of a Cyprus holding company and its subsidiaries.
- Engaged for the 4th consecutive year by a major corporate shareholder, wishing to sell a further 25% stake in a Cyprus holding company; the project involved several complicated share transfers and sale of loans in the form of shareholder financings (value EUR 420 million).
- Provided a complex legal memorandum to a major media and advertising services provider on the liquidation of one of its member companies, a Cyprus investment management company, which was also involved in litigation proceedings in the Supreme Court of the State of New York, USA.
- Providing detailed analysis of corporate governance matters in relation to two Cyprus holding companies, part of a very complicated legal structure with ultimate beneficial owners of various nationalities, BVI shareholders, shares held on trust by funds and Russian subsidiaries involved in the production and sale of steel, pipes and gas tanks.
- Advising a major Russian bank in relation to a complicated reorganization of an international corporate group operating in the oilfield sector, including Russian, Jersey and Cyprus companies.
- Engaged by a high calibre Greek entrepreneur to provide detailed legal assistance with the setting up of a Cyprus company involved in the online travel industry. Furthermore, we comprehensively assisted with all company incorporation procedures and we also provided serviced office space to accommodate his initial operational needs.
- Acted as the legal advisor to one of the largest Russian companies offering railway infrastructure construction services, on whether the entry into a particular pledge agreement, which constituted part to a larger financing transaction, would potentially be in breach of the Cyprus Companies Law provisions relating to the prohibition of the cross holding of shares.
- Having gained extensive expertise, we have successfully handled and completed numerous re-domiciliation procedures from Jersey, Panama and the BVI to Cyprus.
- Extensively reviewed and advised on the proposed website documentation such as sales paths, e-mail templates and the travel insurance policy relating to the provision of insurance by one of the world’s leading insurance companies.