Basic facts about the department
- Heads of department: Kypros Chrysostomides and George Mountis
- 7 partners
- 14 other qualified lawyers
What the team is known for Boasts an excellent reputation for high-profile international banking litigation, in addition to corporate and commercial disputes. Extensive experience of ADR methods such as arbitration and mediation cases. Increasingly active on employment-related matters, acting for a number of significant clients spanning the banking, pharmaceutical and insurance industries.
Strengths The firm is revered for its dedication to its clients. One source commends the team's "very direct approach, fast and reliable replies. They're a very strong team and I would say they have a personalised approach." The same source also notes that the lawyers "have excellent character, all of them."
Further sources are keen to emphasise the team's impressive understanding of both local and international law. One client comments: "We are satisfied with their knowledge of not only Cypriot law, but also of the European legal framework as a whole," while another adds: "They have a good understanding of international law and they are well connected."
Work highlights Represented Amstel Exploitatie in a cross-border fraud case alleging the alienation of assets valued at over EUR100 million.
Assisted EN+ Group with a EUR100 million damages claim, successfully securing an interim freezing injunction of bank accounts and assets.
Significant clients Deloitte Europe, CET21, Basic Element, Universal Music France, R.A.M Oil Cyprus.
Kypros Chrysostomides draws praise from market sources as a "capable professional with a good reputation." Specialising in international corporate and commercial litigation, he is described by others as "knowledgeable, methodological and hardworking." He recently led the team in assisting Bank of Cyprus shareholders with the filing of a EUR1 billion action against the imposition of 'bail-in' measures.
According to clients, George Mountis "takes into consideration the business aspect when providing his legal advice, and, in general, has broad knowledge on litigation and banking matters." Offering expertise in shareholders' disputes, fraud and insolvency matters, he took a lead role in the team's recent representation of Amstel in a multinational fraud case.
Georgia Georgiou impresses clients with her dedication to cases, receiving praise for having "always said we would take everything step by step" and "studied everything very well." She covers a broad range of disputes with particular expertise in family law matters, in addition to banking, personal injury and criminal litigation.