Saturday, November 30, 2024

Standard post published to PN Kourtellos & Associates LLC at November 30, 2024 17:00



P. N. Kourtellos & Associates LLC, established in 2011 in Limassol, Cyprus, is a leading law practice that has swiftly risen to prominence in both the local and global legal arenas.

Founded by Dr. Pavlos Neofytou Kourtellos and Mrs. Ioanna Demetriou Kourtellou, the firm runs within the guiding principle "Facta non-Verba", emphasizing action over rhetoric in its legal practice.

Specializing in global commercial, civil, business, and financial law, the firm presents a variety of legal services, including consultancy and representation in complicated court conflicts.

Distinguished for its advanced approach, our firm has placed itself as part of the new generation of law offices in Cyprus, redefining legal practice and substance.

With a team that possesses a sophisticated knowledge of business and corporate law, our local law firm provides detailed legal advice and counsel, coupled with bold litigation services when needed.

Discover outstanding legal expertise by getting in touch with Kourtellos & Associates today for customized, high-quality legal solutions!

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Standard post published to PN Kourtellos & Associates LLC at November 30, 2024 16:00



Our firm collaborates with prominent clients, such as governmental authorities such as the Central Bank of Cyprus, the Credit Institutions Recovery Authority, as well as the Deposit Protection and Resolution Scheme. Our firm has been involved in major cases, including acting as legal counsel to the Special Administrator of FBME Bank Ltd (Cyprus Branch), and providing counsel to the Cypriot Depositors Protection Scheme. These cases involve complex litigation 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), the rights of depositors, 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), resulting from the 2013 Eurogroup decisions on 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. We have established significant legal precedents, including handling one of just two Norwich Pharmacal cases before the Supreme Court, and handling landmark winding-up proceedings against Orfanides Plc, one of Cyprus' largest supermarket chains.

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Friday, November 29, 2024

Standard post published to PN Kourtellos & Associates LLC at November 29, 2024 17:01



Navigating real estate transactions in Cyprus is a detailed process, extremely important for local and international investors. From understanding legal requirements to finalizing the transaction, we assist clients maneuver the challenges of the Cyprus property market.

Here's an organized guide to explain the steps:

Legal Framework Understanding: Familiarize yourself with the needed documentation, like title deeds and property licenses.
Considerations for Foreign Buyers: Be aware of additional regulations that apply.
Property Inspections: Be certain that no encumbrances exist on the property.
Tax Implications: Understand the stamp duty, transfer charges, and ongoing real estate tax associated with your transaction.
Zoning Laws and Building Regulations: Be informed about specific local laws that may have an effect on the property.

At P. N. Kourtellos & Associates LLC, we offer adept legal assistance for real estate purchases in Cyprus, ensuring a smooth process. Whether you're buying a home or investing in property, our team provides unique support.

Call us to navigate the Cypriot real estate landscape confidently, where your property interests are safeguarded.

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Standard post published to PN Kourtellos & Associates LLC at November 29, 2024 16:02



Cyprus, a former British colony until 1960, gained independence and maintained much of the English legal system. Cyprus, formerly a British colony until 1960, became independent and retained much of the English legal framework. The current legal framework is rooted in several sources: the Constitution of the Republic of Cyprus, laws retained by Article 188 of the Constitution, common law and equity principles, and laws enacted by the House of Representatives. The legal framework in Cyprus stems from the Constitution, retained laws from Article 188, common law, equity, and legislation by the House of Representatives. Cyprus' accession to the European Union in 2004 introduced significant changes.
Major changes were made after Cyprus joined the European Union in 2004. The Constitution was amended to establish the supremacy of European law over both national legislation and the Constitution. Amendments to the Constitution made European law take precedence over national laws. This amendment, enacted in 2006, added Article 1(A), ensuring that no constitutional provision could override binding European Union laws, regulations, or directives. The 2006 amendment introduced Article 1(A), stating no part of the Constitution could override binding EU laws, regulations, or directives.

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Thursday, November 28, 2024

Standard post published to PN Kourtellos & Associates LLC at November 28, 2024 16:00



The firm’s team of legal professionals is experienced in dealing with complex legal matters, with a focus on white-collar crime and fraud in business. Their knowledge includes giving legal assistance in situations where assets are frozen or confiscated in the course of fraud inquiries, and they are proficient in commercial agreements, company law, legal processes and accounting regulations. Their key practice areas cover cases of fraud, laundering money, and conspiring to defraud, disputes with the Cyprus Securities and Exchange Commission, and restraint cases. The firm has gained significant victories, particularly in representing a Defendant-Respondent in a high-profile case centered on fraud and conspiracy allegations from companies associated with Rusal, a major player in the aluminium industry. They secured a judgment blocking the use of confidential files gained through illegal actions, which created a precedent in law. This case additionally focused on defending the interests of a Cyprus Bank and established important legal standards regarding the use of sensitive documents both inside and beyond the jurisdiction.

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Wednesday, November 27, 2024

Standard post published to PN Kourtellos & Associates LLC at November 27, 2024 17:02



Searching for expert Corporate Consultants in Limassol (Lemesos)?

Look no further than P. N. Kourtellos & Associates LLC, a leading law office focusing on business law.

Our specialized team of attorneys is known for providing top-tier legal solutions to both businesses and individuals. With a reputation for excellence, we offer specific expertise across many legal domains, ensuring comprehensive assistance for all your business legal demands.

If you are in nearby Ypsonas, explore these spots:

Kourion Beach - Located beneath the ancient ruins of the the Kourion Theater, this beach supplies a spectacular view of coastal cliffs encircling its shallow waters.

Kolossi Castle - is a former Crusader stronghold on the south-west edge of Kolossi village a few kilometers west of Limassol.
Holy Monastery of St Nicholas of the Cats - is a monastery filled with “monk cats”. Go to this place with your family and friends, especially if you have children who love cats. You can bring treats for the cats and enjoy feeding them.
DaNala Beach - is a clean and modest beach with sun loungers for rent at a very affordable price.

Select us for unparalleled legal guidance and support in Limassol.

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Standard post published to PN Kourtellos & Associates LLC at November 27, 2024 16:00



Our firm focuses on international arbitration and ADR, providing comprehensive services to individual and corporate clients throughout all stages of the arbitration and mediation process. Our expertise extends to local and global cases, offering support, legal representation, and advice during settlements, arbitration hearings, trial advocacy, and the challenge and enforcement of arbitral awards.

Our lawyers are proficient in handling various cases, including full advocacy and counseling services, drafting arbitration and mediation clauses, and resolving conflicts related to agreements, corporate partnerships, construction, workplace issues, franchises, and real estate. We assist clients with contractual disagreements, negotiation, and evaluating contracts, ensuring their interests are protected. Additionally, we draft conflict resolution clauses and manage mediation disputes effectively.

Our firm well-prepared to handle complicated cases in both arbitration and mediation, working toward positive results for our clients in a variety of industries.

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Standard post published to PN Kourtellos & Associates LLC at July 06, 2025 16:00

P.N. Kourtellos & Associates LLC specializes in complex commercial litigation, handling shareholder disputes, corporate governance, an...