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Europe Guide
Firm Profile

Patrikios Pavlou & Associates LLC

Firm Profile


  • Profile
  • 'Patrician Chambers'
  • 332 Agiou Andreou Street
  • 3035 Limassol
  • PO Box 54543
  • Limassol
  • Limassol District
  • Cyprus
  • 3725

Firm profile submitted by Patrikios Pavlou & Associates LLC

Senior & Managing Partner: Stavros Pavlou
Number of partners: 6
Number of lawyers: 27
Languages: English, French, Georgian, German, Greek, Italian, Russian, Slovak, Ukrainian

Patrikios Pavlou & Associates LLC is a leading and multi-awarded law firm based in Cyprus with significant experience in the international legal market. Founded in 1963, the firm has developed a distinguished expertise in multiple practice areas and an efficient, personalised client service.
The firm invests continually in key workforce to maintain the high quality of legal services; partners, lawyers and consultants combine their knowledge and skills to provide the best possible outcome for the client. The firm’s creative legal team specialises in cross-border work and it has been involved in some of the largest transactions in the international and local legal market. Clients include public and private companies from various industry sectors, local and international banks, financial institutions, entrepreneurs as well as a host of individual clients from Europe, Russia, the CIS countries, Cyprus and others. Patrikios Pavlou & Associates LLC is a member of important professional international bodies and it has established an esteemed network of associates worldwide and particularly strong links with major international law firms. The firm is recommended by prestigious legal directories globally and is recognised as a top performing firm in respect of their distinctive, professional client services and legal advice. Today the firm is one of the largest and most-renowned law firms in Cyprus.

Practice Areas
Dispute Resolution & ADR
Corporate, Mergers & Acquisitions
Restructuring & Insolvency
Banking & Finance
Capital Markets
International Tax Planning
Real Estate, Trusts & Asset Protection
Intellectual Property
IT, Internet & E-Commerce
Ship & Aircraft Finance

Main Areas of Practice

Dispute Resolution & ADR:
4 partners, 18 fee earners
The traditionally strong litigation department, undisputedly acknowledged and preferred in complex cases of all types and across the border, has recently handled cases such as:
■ Representing companies which own an oil refinery in the Russian Federation, in shareholders’ disputes for the amount of USD 200 million for alleged breaches of shareholders’ agreement, misrepresentation and fraud
■ Handling over 50 cases, with an approximate total aggregate amount of USD 3 billion, relating to the registration, recognition and enforcement of Russian judgments and arbitral awards obtained by one of the leading banks of Russia against various companies and individuals
■ Representing high net worth individuals in a multi-million dispute arising out of a joint venture for the construction of residential properties in Moscow
Contact: Chrysostomos Nicolaou
Email: [email protected]

Corporate, Commercial, and M&A:

4 partners, 9 fee earners
The team advises on complicated corporate, commercial and M&A matters including large international cross-border and domestic transactions such as:
■ Advising a global leader operating in the energy sector on its proposed acquisition, value of USD 975 million, of a Cyprus holding company and its subsidiaries
■ Engaged again for the 4th consecutive year by a major corporate shareholder, wishing to sell a further 25% stake in a Cyprus holding company; the project involved several complicated share transfers and sale of loans in the form of shareholder financings (value EUR 420 million)
■ Providing detailed analysis of corporate governance matters in relation to two Cyprus holding companies, part of a very complicated legal structure with ultimate beneficial owners of various nationalities, BVI shareholders, shares held on trust by funds and several key Russian subsidiaries involved in the Russian steel production sector
Contact: Stavros Pavlou
Email: [email protected]

Banking & Finance:
4 partners, 8 fee earners
Accustomed to the challenge of handling complex finance transactions involving inter alias major international financial institutions and multinational companies, the department has recently been involved in the following deals:
■ For more than five consecutive years, comprehensively advising a major Russian bank on several facility agreements provided by the bank to an international chemical group; namely on a USD 850 million facility agreement for gas purchase, a USD 7 billion facility agreement for refinancing of loans and EUR 450 million facility agreement for debt repayment
■ Advising on the global restructuring (value USD 1.53 billion) of all the facility agreements with various companies of a leading international group involved in the oil business in the Russian Federation, Central and Southern Asia, and Middle East
■ Advised the corporate and investment banking division of an American corporation in relation to a USD 150 million margin loan transaction, which involved intra group loans of over USD 200 million, subordination issues, South African share security, security assignment and other security agreements
Contact: Lia Iordanou Theodoulou
Email: [email protected]

International Tax Planning:
3 partners, 3 fee earners
Patrikios Pavlou & Associates LLC has extensive expertise in advising and assisting clients in the implementation of effective tax planning structures designed to minimise tax liabilities. Sample of cases recently handled:
■ Provided an expert legal opinion in connection with legal proceedings taking place in the Russian Federation involving a Cyprus holding company; the expert opinion analysed the concept of the beneficial ownership of dividends under the OECD model treaty and the double tax treaty between Russia and Cyprus, the concept of a conduit company and the effective management and control of the Cyprus company involved
■ Provided specialised tax advice to a Russian airline company in relation to transfer pricing, VAT matters and on the tax consequences arising out of a financing scheme concerning the leasing of aircrafts to UAE, Cypriot and Irish entities
■ Advising on the tax consequences of a complex restructuring involving Cyprus, Russian, BVI, New Zealand and Swiss entities and on the settlement of a new trust in New Zealand
Contact: Stella Strati
Email: [email protected]

Real Estate, Trusts & Asset Protection:
3 partners, 4 fee earners
Sample of cases handled:
■ Comprehensively advising a number of high-net-worth individuals from Russia, Asia and other non-EU countries on the purchase of premium commercial and residential properties which qualify for the Cyprus Citizenship by Investment Programme
■ Advising one of the leading property developers in the Eastern Mediterranean on the development, planning and licensing of their latest two landmark projects, considered to be among the largest private real estate investment opportunities in Cyprus
■ Advised a major European investment bank on securing their rights on certain immovable assets (commercial properties), which were mortgaged to the bank as part of a USD 35 million financing to a leading international online forex broker based in Cyprus
Contact: Stavros Pavlou
Email: [email protected]


  • 'Patrician Chambers' ,
  • 332 Agiou Andreou Street,
  • 3035 Limassol,
  • PO Box 54543,
  • Limassol,
  • Limassol District
  • Cyprus
  • 3725
  • Tel +357 2587 1599
  • Fax +357 2534 4548
  • Email : [email protected]
  • Website :