ANASTASIOS ANTONIOU LLC (“the Firm”) was successful before the District Court of Limassol in obtaining an unprecedented interim order. The Court, accepting the Firm’s lawyers’ submissions, ordered the shutting down of a website and the disclosure of the real owners of the website, awarding a Norwhich Pharmacal discovery order, in what can be considered a [...]
The Supreme Court of Cyprus annulled a decision of the Cyprus Securities and Exchange Commission (CySEC) on recourse filed by ASPIS HOLDINGS PUBLIC COMPANY LTD (Aspis). CySEC’s first instance decision imposed an EUR80,000.- fine to the said Company along with suspension of 30% of voting rights for violating legislative obligations in relation to a public [...]
The family of Andreas Ioannides, the navy chief of Cyprus that lost his life in the explosion of 11/07/11 at the Evangelos Florakis naval base in Cyprus along with 12 other people, have called upon the Attorney General of Cyprus to resign over omissions and delays in the criminal investigation of the case. The Ioannides [...]
THE SUPREME Court has unanimously overturned a decision by the Competition Commission (CPC) to fine four fuel companies close to €43 million for collusion, after finding that the CPC’s chairman had been appointed illegally. In September 2009, the CPC fined Petrolina, Lukoil, Exxon Mobile and Hellenic Petroleum (EKO) €42.9 million for “concerted practice,” a term [...]
Cypriot courts have a fully established judicial power to grant interim orders over various issues with an international effect. Namely, the Cypriot legal order has incorporated the power of the courts to issue freezing orders towards protecting assets in risk of alienation or towards preserving a status quo of assets pending the final and conclusive [...]
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