Antis Triantafyllides & Sons is a leading Cypriot firm based in Nicosia. The firm was established in 1955 and has significantly grown to having a team of more than 30 legal professionals. The team is made up of prominent legal practitioners, worthy of mention is partner Stelios Triantafyllides. The firm is active across all transactional areas and regularly acts as local counsel on cross-border transactions. The firm often advises domestic and international banks on lending, debt restructuring and capital markets mandates.
Highlights
The firm advised Halma on its €150 million acquisition of FirePro.
The firm is advising US International Development Finance Corporation on the $125 million loan provided to ONEX Elefsis Shipyards and Industries for the rehabilitation and modernization of the Elefsina shipyard.
The firm also advised a syndicate of banks including UniCredit on the €188 million syndicated refinancing provided to AUSTRIACARD HOLDINGS.
Testimonials
"I appreciate the combination of responsiveness, experience, and proactive problem-solving that this law firm consistently demonstrates. It's clear that they prioritize client satisfaction and deliver results that reflect their dedication and expertise."(Equity Capital Markets Client)
"Deep legal knowledge, business mind and solution finding." (Investment funds Client)
"Stelios and his team are the most seasoned professionals in the legal industry in Cyrpus." (Private equity Client)
Key clients
Amdocs, Freedom Finance Europe, Hennes & Mauritz, Leggett & Platt and Swissport International.
Elias Neocleous & Co is a leading Cypriot law firm founded in 2017. The firm has offices across Cyprus in Limassol, Nicosia and Paphos as well as overseas branches in Brussels, Prague and Kiev. The deal team is led by managing partner Elias Neocleous. The firm has experience across all areas of transactional law, including banking and finance, capital markets, M&A and restructuring and insolvency. It works as local counsel with international firms on international transactions.
Highlights
The firm worked with Milbank to advise Allwyn Entertainment Financing on its €1.3 billion senior secured high yield notes issuance.
The firm advised ELLIOTT Investment Management in collaboration with Clifford Chance on its proposed acquisition of Cineworld's Central European and Israeli business operations.
The firm worked with Kirkland and Ellis in advising EQT on its 100% acquisition of shares in Barings Private Equity Asia Group.
Testimonials
“Responsive, knowledgeable and always a pleasure to work with.” (Banking and finance Client)
“Their service and advice are first class in every area. Their main positive attributes are their business-like advice, their attention to client service and specialisation and dedication. Their people are accessible and helpful. They meet deadlines and they keep us informed of progress. They give us practical, constructive advice that solves our problems. They have specialists in all areas so their advice is always excellent.” (Banking and finance Client)
“Given the size of our group and complexity of its structure, the ability to handle complex and sophisticated matters is a must for our legal advisers. Elias Neocleous & Co has great business acumen and understands very well a wider framework and implications of transactions. The team at Elias Neocleous & Co not only possesses excellent and up-to-date legal knowledge, but also understands the business of the client and strives to support their client's business needs and find workable solutions. The team has also a very professional attitude when communicating with the regulators and authorities.” (Investment funds Client)
“Elias Neocleous & Co were responsive and very proactive. Their legal advice is detailed and to the point, without unnecessary ballast of irrelevant information.” (Financial services regulatory Client)
“The team is knowledgeable and responsive.” (M&A Client)
“Business-minded and make the M&A and JV process a bit less painful.” (M&A Client)
Elias Neocleous
“Business acumen and understanding of client's business needs are Elias's key strengths.”
“Most projects and deals made by our group have cross-border and international elements. They must be always taken into account. Elias displays great understanding of interconnectivity and wider framework of projects. Business acumen and understanding of the client's business needs is one of his major strengths.”
Key clients
Allwyn Group, Atterbury Europe, Mediterranean Hospitality Ventures, Royal Caribbean Cruises and Visa Europe.
Ioannides Demetriou is a full-service law firm founded in 2007. The fim has offices in Nicosia and Limassol. The firm is chaired by Pambos Ioannides and managed by Andrew Demetriou. It has international reach through its membership of legal alliances such as TerraLex, Meritas, LegaLink and Energy Law Group. The firm is active in banking and finance and M&A. It often advises as local counsel on cross-border deals.
Highlights
The firm is advising Eurobank on its €1 billion acquisition of additional stake in Hellenic Bank.
The firm also advised Hellas Direct on its €25 million new equity financing led by ETF Partners.
The firm advised Louis on its €150 million financial restructuring with national and international credit institutions.
Testimonials
"Thorough, diligent and good business sense." (Project finance Client)
"Thorough and diligent." (Private equity Client)
Key clients
Cyprus Stock Exchange, Eurobank, Eurobank Cyprus, Hellas Direct and Louis Plc
Patrikios Pavlou & Associates is a full-service law firm established in 1963 by Patrikios Pavlou. The firm based in Limassol. The team consists of Cypriot qualified legal professionals, worthy of note are Stavros Pavlou, Stella Strati, Lia Iordanou Theodoulou and Angeliki Epaminonda amongst others. The firm is active across the areas of financial and corporate work but is known for advising lenders on banking and financing work.
Highlights
The firm advised an ultra- high net worth individual on the $500 million restructuring of a group of companies.
The firm also advised a notable bank on its $1.25 billion financing provided to a global group of companies.
Key clients
Bank GPB International, Bank of Cyprus, Crystalserve Fiduciary Services, Eurobank and MHG Munich Hoteldevelopment Group.
Soteris Pittas & Co is a Limassol-based boutique law firm founded in 2008. The firm has special focus on business-related legal issues. The firm consists of Cypriot qualified lawyers led by managing partner Soteris Pittas, who is also the founder. The firm is active in financial and corporate work including banking and M&A transactions. It often advises as local counsel on cross border deals involving Cypriot targets or securities.
Highlights
The firm is providing legal advice to Genesis Digital Assets on a $1 billion investment by a large US conglomerate.
Key clients
Aimis Clinics, Cyprus Airways, Genesis Digital Assets, Jacob Katz & Co and Maxbet Entertainment Group.
Based in Limassol, AG Erotocritou is a boutique with 15 legal professionals all with US or UK legal experience.
Focusses / specialisms
The firm’s expertise lies in financial sector where it acts for banks and financial services on financing, restructuring and insolvency and acquisitions in Cyprus.
The firm is also strong in multi-jurisdictional restructuring and insolvency cases and acts for both the debtors and creditors.
Key clients
The firm advises multiple international banks on financial regulation in Cyprus, as well as advising the Marsh Cyprus, JD Sports / Cosmossport, Wojnar and Primetel among other private companies.
Research period review: 33rd edition (2023/2024)
During the research period the financial and corporate practice worked on transactional financing and M&A. The team also worked on regulatory financial matters, advising clients in the banking and financial services industry. It also worked with debtors on several restructuring matters. Banking and financial services were major industries for the firm.
Deal highlights: 33rd edition (2023/2024)
Fund of Banking Sector € 750 million insolvency
AGPLAW | AG Paphitis & Co. LLC is a full-service law firm founded in 2006. The firm has its offices in Limassol and has a formidable presence in London and Dubai. The firm is led by managing partner Angelos Paphitis, who is highly regarded in the market. The firm advises on a wide spectrum of local and cross-border corporate and financial deals where it focuses on acquisitions, financings and licensing matters. It often works for clients in the financial services and technology sectors.
Highlights
In collaboration with CMS Sofia, the firm advised on the €300 million strategic acquisition of a Cyprus Limited Liability Company.
The firm has also assisted it client, INGOT BROKERS EUROPE, in facilitating the obtention of a Cyprus investment firm license.
The firm has also advised a prominent American corporation on the sophisticated process of obtaining an Electronic Money Institution license in Cyprus and the European Union.
Key clients
CMS Bulgaria, Ingot Brokers, Musescore, Sharp Consumer Electronics Europe and Your Bourse.
Founded in 2011, C Samir & Co is a law and tax consultancy firm. Its Cypriot offices are in Limassol and Nicosia, and it has satellite branches in London, Moscow, Hong Kong, Malta and Kiev. It is part of legal network SILFA (Staubach International Law Firm Alliance).
Focusses / specialisms
The firm has experience advising on cross border corporate deals.
Research period review: 30th edition (2019/2020)
During the research period the firm advised on a cross border merger, advising the buyer.
With a history extending back to 1981, Dr K Chrysostomides & Co is one of the largest and most prominent law firms in Cyprus. The firm’s offices are in both Nicosia and Limassol.
Focusses / specialisms
Banking has been a key practice area for the firm ever since its foundation. A sizeable percentage of the firm’s work in the space focuses on financing transactions. Another key focus area is advice to three credit institutions in Cyprus which are carrying out banking business in the country.
The firm is also active, and similarly strong, in the corporate space, where it offers the full range of services and advice from startup to the completion of incorporation, annual operations, compliance, restructures and dissolutions.
Key clients
Some of the firm’s notable clients are East Line Group, Endo International, United Medical, Natixis, Société Générale Bank, Horizon Capital, Veeam Software, VNV Global, Estée Lauder Companies, Venus Minerals and Credit Suisse (Switzerland).
Client feedback: 32nd edition (2022/2023)
Banking and finance
“Helpful, responsive and clear advice.”
M&A
“They are responsive, approachable, pragmatic and highly professional. They understand the complexities of executing cross-border transactions and can work seamlessly with other firms as part of a wider international team delivering a project.”
E&G Economides is a full-service firm founded in 2006. The firm is based in Limassol and has an office in Moscow. The team is made up of Cypriot qualified lawyers led by director Melina Dionysiou. The firm is known for its notable work in financial and corporate practice, where it focuses more on corporate transactions, especially in the M&A practice. This includes re-domiciliations, mergers, acquisitions and restructurings.
Highlights
The firm advised Landscope Developments on its listing on the emerging companies' market of the Cyprus Stock Exchange.
The firm also advised its client on a €3.5 million acquisition of a Cypriot company.
Key clients
Ianira Enterprises, Venteri Capital, New Garden Pharma and Landscope Developments.
Incorporated in January 2020, E Ioannides & Associates is a Cypriot boutique law firm focused on commercial work.
Focuses / specialisms
Within financial and corporate the team’s focus areas have been in M&A and financing transactional work.
The firm often advises start-ups and has been especially active in the Cypriot real estate, pharmaceuticals and software development sectors.
Key clients
Key recent clients include bluVerve Maritime Software, Loved by Parents, Joannides + Co,Piraeus Bank, Euroxx Securities, Alpha Bank and Multi-Consult.
Client feedback: 32nd edition (2022/2023)
M&A
“Very knowledgeable, competent, efficient with prompt and accurate responses. Commercially aware, confident, and practical advice.”
E Papandreou & Co is a Cypriot boutique business law firm formed in 2009. The firm’s offices are based in Nicosia.
Focuses / specialisms
The firm handles a variety of corporate matters, with strengths shown in re-domiciliations, cross- border mergers and funds.
Key clients
Key clients include Group DF, Piraeus Bank, Eurobank Cyprus, Ellaktor, Crowe Cyprus, Alrud, Eri Law, Semha Holdings, Staritem Investments, Levex Establishment, Dumont Real Estate Holdings and Grand Dalewest.
Client feedback: 32nd edition (2022/2023)
Restructuring: Corporate
“This firm is our preferred law firm due to their many years of experience, efficiency and their excellent quality of work. We consider the client service provided by the firm to be of the highest standard.”
G C Hadjikyprianou & Associates is an independent Cypriot boutique commercial law firm. The firm operates offices in both Nicosia and Athens.
Focuses / specialisms
The firm’s financial and corporate support capabilities are extensive. It is often seen on banking, corporate (both general corporate support and M&A) and regulatory engagements.
Client feedback
Financial services regulatory
“Consistency; knowledge-based pragmatic advice; result-driven.”
Harneys is an offshore law firm present in Cyprus. The firm was established in 1960.
Focuses / specialisms
The firm’s financial and corporate practice is among the strongest in Cyprus. It is involved in complex, international financings and is often selected by large corporations as local counsel for their high-level acquisitions. The practice also features a pre-eminent investment funds team and a full-service regulatory team.
Key clients
The firm’s key clients include TCS Group, Etalon,Goldman Sachs International, JP Morgan Securities, Deutsche Bank, Credit Suisse, Citibank, European Bank for Reconstruction and Development and ING Bank.
Client feedback: 32nd edition (2022/2023)
Banking and finance
“Goal oriented, knowledgeable, responsive and reliable – precisely the kind of partner we were looking for in providing local counsel services in financing matters.”
“They have provided prompt and excellent service in a clear and punctual manner. They have a very good knowledge of the financing and banking aspects of the transaction.”
Established in 1976, Harris Kyriakides is a full-service firm with offices across Cyprus in Larnaca, Nicosia, Limassol and Paphos. It employs 30 lawyers, including five partners.
Focusses / specialisms
The firm is active in financing and M&A and is experienced in restructuring work.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in banking, M&A and restructuring.
In banking the firm mainly advised lenders in real estate financing. It also generally advised on financing and refinancing transactions.
In M&A the firm broadly advised buyers on real estate, and asset acquisitions. It also worked with investors exiting real estate investments.
In restructuring the firm was particularly active, assisting indebted companies with corporate and financial restructuring.
Client feedback: 33rd edition (2023/2024)
Financial restructuring
"Highly professional and responsive. Deep knowledge of the legal aspect with acute business understanding."
M&A
"Harris Kyriakides has an outstanding team. Exceptionally knowledgeable, technically strong, whilst also being pragmatic. Harris Kyriakides combines high-quality advice with the ability to listen and understand the specific needs and challenges. The team can quickly get acquainted with very complicated legal cases, provide good and practical advice, and to assist in finding commercial solutions."
"Overall it was an excellent cooperation. Some of the poisitve attributes are: deep knowledge and insight, professionalism, proactive thinking, quick responses, availability."
Micheal Kyriakides
"Always delivers more than expected with high precision and accuracy, and it is difficult to avoid noticing the level of dedication."
"Highly qualified professional with in-depth knowledge and able to understand the business side of the transactions. Highly reliable and responsive."
Phivos Zomenis
"Extremely knowledgeable, hands-on, problem solver with great understanding of the business aspects."
Kaimakliotis is a Cypriot boutique law firm. The firm was formed in 2016.
Focuses / specialisms
The financial and corporate practice has a distinct emphasis on corporate and M&A, joint ventures, corporate restructuring and general corporate advisory.
Key clients
Key clients include Sberbank, International Capital Ukraine, Ant Financial, Kaspi.kz, DraftKings, Avax/Terna construction consortium, Novator, Interxion, DCH Group, I Squared Capital, Gazprombank, Alfa Bank Group, Skybound Capital Group, Linklaters, DLA Piper, Morgan Lewis, Baker McKenzie and Avellum.
Client feedback: 32nd edition (2022/2023)
Banking and finance
“Very commercial and responsive.Brilliant advocates for client's position.”
M&A
“Kaimakliotis are very client-focused, listening carefully to instructions, delivering a very good work product within the deadlines.”
LC Law Stylianou & Associates is a Nicosia based boutique Cypriot law firm.
Focuses / specialisms
The firm is focused on financial and corporate with 80% of its work being in this aera.
Recently the firm has worked on mandates in the banking, capital markets and M&A space.
Client feedback: 31st edition (2020/2021)
Banking
"Boutique firm that is flexible and accommodating. Friendly and accessible, swift and decisive, efficient."
Private equity
"Streamlined process, one-stop shop."
Marilou Pavlou Christodoulides is a full-service premier law firm based in Nicosia.
Focusses / specialisms
The firm is active in Banking and M&A. It often works as local counsel on international deals with international law firms.
Key clients
Some of the firm’s key clients include the Lycamobile and Rosneft Oil Company.
Research period review: 32nd edition (2022/2023)
Within the research period, the firm worked on a lot of M&A and corporate restructuring matters.
In M&A the firm was mostly active in joint ventures, private acquisitions and mergers on the buyer side including re-domiciliation and corporate restructuring work. Most of the deals involved clients connected to the investment and financial services industries.
Deal highlights: 32nd edition (2022/2023)
Broadreach $49 million acquisition of Axion Holding Cyprus
Michael Chambers & Co is a full-service firm with an office in Limassol.
Focusses / specialisms
Being a full-service firm, Michael Chambers & Co has multiple focuses, especially in the financial and corporate practice area. It represents companies in corporate and acquisition financing, as well as refinancings. The firm also works on M&A transactions and restructuring and insolvency matters.
Michael Damianos & Co is a full-service Cyprus law firm established in 2010 and based in Nicosia.
Focusses / specialisms
The firm’s financial and corporate practice is focused on commercial, corporate, M&A, banking and finance, and energy. Most of the firm’s work comes from referrals from international law firms on which the firm advises as local counsel on international transactions. Also, the firm is frequently instructed by local companies across various sectors on their local banking and corporate/commercial work.
Client feedback: 32nd edition (2022/2023)
Banking and finance
“Professional, responsive, knowledgeable.”
M&A
“The firm takes a proactive approach and troubleshoots legal problems in a very efficient way.”
Established in 1991, Michael Kyprianou & Co is a full-service Cypriot firm with offices in Nicosia, Limassol and Paphos. It has international branches in Frankfurt, Athens, Thessaloniki, Birkirkara, Dubai, Kiev and London and is part of legal networks including Multilaw, World Link Law, International Fraud Group, Nextlaw Referral network and China Go Abroad.
Focusses / specialisms
The firm is active in banking and finance, M&A and restructuring, and is experienced in cross-border financing work as local counsel.
Key clients
The firm’s clients include multinational banks present across Europe.
Client feedback: 32nd edition (2022/2023)
Banking and finance
“Creative thinking, flexible approach, reasonable pricing, meeting tight deadlines.”
M&A
“Very thorough and professional analysis and also recommendations for covering the company for future issues with the law.”
Established in 1920, full-service firm Pelaghius Christodulou Vrachas has over 100 years of expertise. It maintains one office in Nicosia and is a part of the Globalaw network.
Focusses / specialisms
The firm’s financial and corporate law is focused on banking, capital markets, M&A and restructuring work. It has experience working on all sides on a transaction. In M&A, the team works with buyers and sellers. Shipping is a popular industry for the firm, but it also regularly advices in numerous other industries.
Key clients
Key clients for the firm include multinational corporations across numerous industries including shipping, consumer goods and services and retail, to name a few.
Research period review: 31st edition (2020/2021)
Within the most recent research period, the firm worked on a public M&A transaction, in which the team acted on the buyer and seller side. It also worked on capital markets related matters as part of this deal, specifically a share purchase agreement.