In a recent decision of the Cypriot Court of Appeal in COMMERZBANK –V- ADEONA, it has been inter alia held that the duty of an applicant to disclose at an ex parte hearing of an application, extends to the relevant law and applicable legal principles to the case.

The Cypriot Court followed the relevant legal principles adopted in the English case THE CAPAZ DUCKLING (2008) 1 Lloyds Rep. 54.