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AG Erotocritou LLC | Cyprus | 19 Feb 2021
Challenging past transactions in liquidation: fraudulent preference
An effective weapon in a liquidator's and creditor's arsenal to ensure the fair and equal treatment of all creditors of a failing company is the…
AG Erotocritou LLC | Cyprus | 11 Dec 2020
Legal framework on voluntary liquidation - an overview
Chapter 113(III) of the Companies Law is the main legal framework which regulates the voluntary liquidation procedure in Cyprus. There are two ways in…
AG Erotocritou LLC | Cyprus | 4 Oct 2020
Asset Recovery in Cyprus
AG Erotocritou LLC | Cyprus | 24 Jul 2020
Insolvency and restructuring from a COVID-19 perspective
In response to the COVID-19 crisis, the government introduced a series of humanitarian and financial measures, with the latter covering insolvency and…
AG Erotocritou LLC | Cyprus | 15 Jun 2020
Dispute Resolution in Cyprus
AG Erotocritou LLC | Cyprus | 24 Apr 2020
Examinership: protecting businesses during and after COVID-19 pandemic
Although it is a relatively unknown procedure, examinership may hold the key to the survival of businesses dealing with the financial consequences of…
AG Erotocritou LLC | Cyprus | 6 Mar 2020
Winding-up petitions: locus standi for oppressed minority shareholders
In a recent case concerning Giacintoco Holdings Limited (Petition 483/19 of 18 November 2019) the Limassol District Court ruled that minority…
AG Erotocritou LLC | Cyprus | 10 May 2019
Cross-border recognition of insolvency proceedings
As a result of the numerous cross-border structures involving Cyprus, the need to recognise foreign insolvency proceedings in Cyprus is becoming more…
AG Erotocritou LLC | Cyprus | 8 Mar 2019
Examinership and limits to its application
The examinership framework - which was introduced to the Companies Law in 2015 - offers an effective mechanism for restructuring financially…
AG Erotocritou LLC | Cyprus | 4 Jan 2019
Schemes of arrangement and recent statutory amendments
Schemes of arrangement have advantages over other insolvency procedures. For example, they offer a flexible, operational, creative and simple…
