Our firm collaborates with high-profile clients, like governmental authorities such as the Central Bank of Cyprus, the Credit Institutions Regulation Authority, as well as the Deposit Protection and Resolution Scheme. Our firm has been involved in major cases, like serving as legal advisors for the Special Administrator of FBME Bank Ltd (Cyprus Branch), and providing counsel to the Cypriot Depositors Protection Scheme. These cases encompass intricate legal proceedings arising from Cyprus' banking insolvency laws and resolution frameworks. Our firm has been deeply engaged in court cases relating to the enforcement of the Bank Recovery and Resolution Directive (BRRD), depositors’ rights, as well as international insolvency recognition. Currently, we are handling over 25 cases before Cyprus' courts, as well as over 100 cases related to the resolution of Popular Bank (Laiki Bank), as a result of the 2013 Eurogroup decisions concerning Cyprus' "bail-in". Our firm’s knowledge of banking insolvency law is highly respected, as well as regularly advising the central regulatory body on relevant legal matters. We have established significant legal 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.
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