Chambers & Partners has detected the use of an ad blocker.
We make use of tailor-made ads to enhance your experience of our website.
Please 'whitelist'
Europe Guide
Firm Profile

Harney Westwood & Riegels

Firm Profile


  • Profile
  • Craigmuir Chambers
  • PO Box 71
  • Road Town
  • Tortola
  • Tortola
  • British Virgin Islands
  • VG1110

Firm profile submitted by Harney Westwood & Riegels

Harneys is a leading international law firm providing the world’s top law firms, financial institutions and corporations with legal and fiduciary services related to Bermuda, BVI, Cayman, Cyprus, Mauritius and Anguilla law. It has an established reputation for providing timely, accurate and commercially astute advice. The firm has over 430 lawyers and staff operating in 12 locations worldwide. Harneys’ associated corporate and private wealth services business, Harneys Fiduciary, delivers a full complement of company, trust and fund formation and administration services. As the only international multi-jurisdictional law firm with a physical presence in Cyprus, Harneys provides unrivalled service to clients throughout the world, particularly those seeking complex, cross-border financing work.
Chairman: Peter Tarn Managing
Partner: Pavlos Aristodemou
Number of partners: 20
Number of lawyers: 6
Languages: Cantonese, Danish, English, French, German, Greek, Italian, Mandarin, Norwegian, Polish, Portuguese, Putonghua, Russian, Spanish, Swedish

Banking & Finance:
With over 20 lawyers predominantly focused on finance and corporate areas of law in Cyprus, Harneys is one of the leading practices on the island. Complex, landmark deals are the core area of focus.
■Advising Songa Offshore SE on its more than US$2 billion comprehensive refinancing and recapitalisation
■Advising the lenders and trustee on the pre-IPO €450 million convertible bonds issue for Aroundtown Property Holdings
■Advising as Cypriot counsel on the Contour- Global Power US$400 million notes issue
■Advising on the financing for the acquisition of a large stake in Crompton Greaves
■Advising VTB Capital on its secured loan of up to US$4.5 billion to URALHEM OJSC
■Advising China Construction Bank on the Cypriot security for an equivalent of US$900 million dual-currency loan facilities to Russwill Telecom
Contact: Pavlos Aristodemou
Tel: +357 25 820020
Email: [email protected]

Corporate & Commercial:
Harneys’ team of corporate and commercial lawyers in Cyprus is regarded as a trusted resource for many of the world’s largest companies, using unparalleled expertise and technical skill to successfully execute complex deals.
■Advising on the establishment of the Turquoise Variable Capital Investment Fund PLC, the first-ever EU-approved Iran-oriented alternative investment fund
■Advising Artem Avetisyan on the landmark purchase of 80 per cent of Bank of Cyprus’ Russian banking subsidiaries
■Advising as legal counsel in Cyprus to Songa Offshore SE
■Advising as legal counsel to Network18 Group on its corporate matters
■Advising Baring Vostok Capital Partners on its investment in CarPrice through a share sale and purchase of its Cypriot holding company ■Advising on the TNK-BP transaction, the largest Western investment in Russia
■Advising on the €1.2 billion acquisition of Reso Guarantia by AXA in Russia
Contact: Demetris Loizides
Tel: +357 2582 0020
Email: [email protected]

As a leader in Cyprus tax law, Harneys provides clients with specialised expertise on a wide range of corporate, trust and financing transactions and matters. The firm is the only international multi-jurisdictional law firm in Cyprus, and one of the few to offer clients dedicated, specialist tax advice. Harneys regularly advises clients on the impact in Cyprus of the Foreign Account Tax Compliance Act (FATCA). The firm has also taken a lead role in advising on restructuring implications of the Russian De-offshorisation Law.
■Advising as Cyprus tax and corporate counsel to Sofgen Holdings Limited
■Advising on the establishment of the Turquoise Variable Capital Investment Fund PLC, the first-ever EU-approved Iran-oriented alternative investment fund.
■Advising Artem Avetisyan on the landmark purchase of 80 per cent of Bank of Cyprus’ Russian banking subsidiaries
Contact: Emily Yiolitis
Tel: +357 258 20020
Email: [email protected]

As the only offshore law firm to have full-fledged regulatory capacity, Harneys is uniquely positioned to advise on anti-money laundering and terrorist financing compliance, financial services regulation, sanctions, tax, tax information exchange and other areas. The firm’s regulatory team advises clients in Cyprus and other jurisdictions in relation to all aspects of AML compliance and terrorist financing regimes. The economic sanctions practice advises on all aspects of sanctions law in Cyprus and is also experienced in the provision of bespoke products to assist clients with applications to governmental agencies and authorities.
Contact: Aki Corsoni-Husain
Tel: +357 25 820020
Email: [email protected]


  • Omrania Centre,
  • 313, 28th October Avenue,
  • Limassol,
  • Limassol District
  • Cyprus
  • 3105
  • Tel +357 258 20020
  • Fax +357 258 20021
  • Email : [email protected]
  • 3rd Floor,
  • 1 Pemberton Row,
  • London,
  • Greater London
  • UK
  • EC4A 3BG
  • Tel +44 20 7842 6080
  • Fax +44 20 7353 0487
  • Email : [email protected]
  • Craigmuir Chambers,
  • Tortola,
  • British Virgin Islands
  • Tel +1 284 494 2233
  • Fax +1 284 494 3547
  • Email : [email protected]
  • Shanghai Representative Office,
  • Shanghai,
  • China
  • Tel +86 13918598782
  • Email : [email protected]
  • Suites 3601-3605, Two Exchange Square,
  • Hong Kong,
  • China
  • Tel +852 3195 7200
  • Fax +852 3195 7210
  • Email : [email protected]
  • East Tower 4th Floor,
  • Tokyo,
  • Japan
  • Tel +81 (0) 3 5219 1233
  • Fax +81 (0) 3 5219 1201
  • Email : [email protected]
  • 20 Collyer Quay #21-02,
  • Singapore,
  • Singapore
  • Tel +65 3152 1930
  • Fax +65 3152 1931
  • Email : [email protected]
  • Zonamerica,
  • Montevideo,
  • Uruguay
  • Tel +59 82 518 2238
  • Fax +59 82 518 2238
  • Email : [email protected]