Our firm collaborates with prominent clients, like regulatory bodies like the Central Bank of Cyprus, the Credit Institutions Resolution Authority, as well as the Deposit Protection and Resolution Scheme. Our firm has been involved in major cases, such as functioning as legal representatives to the Special Administrator of FBME Bank Ltd (Cyprus Branch), and advising the Cypriot Depositors Protection Scheme. These matters involve challenging litigation originating from Cyprus' insolvency and resolution regulations. We have been significantly involved in legal actions regarding the implementation of the Bank Recovery and Resolution Directive (BRRD), rights of bank depositors, and cross-border insolvency recognition. At present, we are dealing with 25+ cases before Cyprus’ courts, and are additionally representing more than 100 cases related to the resolution of Popular Bank (Laiki Bank), following the 2013 Eurogroup decisions during the Cyprus “bail-in”. We are widely known for our expertise in banking insolvency law, and we frequently advise the central regulatory authority on matters related to applicable laws. Notably, our firm has set important precedents, such as representing one of only two Norwich Pharmacal cases heard by the Supreme Court, and overseeing precedent-setting winding-up proceedings against Orfanides Plc, one of Cyprus' largest supermarket chains.
https://ift.tt/OFwKDcb
from GMB Posts For Location "PN Kourtellos & Associates LLC" https://ift.tt/QPsGq06
via IFTTT
No comments:
Post a Comment