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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 top-tier, 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. Today the firm has evolved in one of the leading and most-respected law firms in Cyprus. Patrikios Pavlou & Associates LLC invests continually in key workforce to maintain the high quality of legal services; partners, lawyers and consultants work together in teams and their combined knowledge and skills provide the best possible outcome for the client. The firm’s creative legal team specialises in cross-border work and has been involved in some of the largest transactions in the international and local legal market. The firm’s 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.

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:
■■Advising a Dutch bank on matters related to the recovery of bond holders of funds invested in one of the leading public transportation and logistics companies in Russia (claim in excess of USD 300 million).
■■Representing before the Cyprus Court and at the London Court of International Arbitration, the interests of a real estate developer in relation to a breach of a joint venture agreement relating to the development of land in Moscow (claim value USD 200 million).
■■Representing a BVI company after suffering USD 90 million losses due to inaccurate and false representations when selling half of its share capital held in a joint venture involving the construction of the tallest skyscraper in Moscow. ■■Representing one of Cyprus’s biggest banks (on more than 100 cases with aggregate value of EUR 50 million) in relation to a new law which provides for assets which have been encumbered in favour of the Bank to be transferred (in particular circumstances) to third parties, which have bought the assets from the debtor, whilst erasing the encumbrance of the Bank.
Contact: Chrysostomos Nicolaou, Email: [email protected]

Corporate Law, Commercial Law, & 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 British construction materials company in relation to a major acquisition of its biggest competitor (value GBP 336 million).
■■Providing legal assistance and strategic planning in relation to the establishment of a complicated group structure involving companies from various jurisdictions and handling the coordination amongst all parties in Cyprus and abroad regarding the sale of the largest industrial construction group in Russia to new investors (matter valued at USD 500 million).
■■Advising on and assisting in the restructuring of one of the largest private transportation and logistics group of companies operating in Russia, as a consequence of de-offshorisation laws.
■■Advised one of the world’s leading insurance companies on a commercial opportunity with a new airline based in Cyprus, which would involve the distribution of travel insurance products to customers from various jurisdictions.
Contact: Stavros Pavlou, Email: [email protected] com

Banking & Finance, Capital Markets:
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:
■■Advising a Russian bank in relation to an amendment to a facility agreement amounting USD 7 billion involving a large number of companies and a demanding co-ordination with all parties involved.
■■Providing specialised assistance to a major Russian bank in relation to a complex crosscurrency swap transaction for underlying amounts exceeding USD 1billion involving a complex group structure with Irish, Cayman and Cyprus entities in a currency derivative finance transaction.
■■Advising in connection with a corporate financing in the region of EUR 210 million, secured by a global firm, based in Cyprus, offering financial and consulting services for individual clients in Russia, Europe and China. ■■Advising an Austrian public listed real estate company (portfolio of approx. EUR 5.8 billion) in relation to their proposed acquisition of 26% of a leading company involved in the leasing of high-quality office buildings in Central European capitals valued over EUR 603 million. ■■Commenting on the transaction documents in relation to a share purchase deed to be entered into between two Cyprus companies, concerning the shares in one of the leading mining companies in Russia (transaction value EUR 125 million). ■■Instructed by a leading global investment banking and securities firm to study a set of prime brokerage and arranged financing documentation, and to provide a Prime Brokerage/Arranged Financing Survey on Cyprus law. 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 minimize tax liabilities. Sample of cases recently handled: ■■Advising one of the major banking institutions of Cyprus in relation to the recent amendment of the Cyprus tax legislation, pursuant to which loan restructurings (such as the transfer of immovable property to the creditor/financial institution in exchange for the repayment of debt) are temporarily exempt from tax and providing specialised tax advice regarding a EUR 9 million debt to an asset restructuring performed. ■■Advising an international group of companies on potential financial assistance issues and EU tax legislation implications, arising out of the complex group restructuring. ■■Providing specific advice in relation to the setting up of a Cyprus Investment Fund, for the purposes of investing into shares of CIS entities; addressing the legal and tax requirements of Cyprus Alternative Investment Funds (AIFs), the tax treatment of AIFs and the best possible structures involving AIFs, the licensing and regulatory requirements, as well as the substance requirements and the management function in relation thereto. Contact:


  • '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 :