In the recent English Appellate decision in SERVIS TERMINAL LLC -V- DRELLE (2025) EWCA CIV 62, it has been held that a foreign judgment which has not been recognized and enforced in England, cannot be used, as a basis for the filing of any bankruptcy petition – (including a winding up petition) – on the ground that the sum awarded as per the foreign judgment, is liquidated, undisputed and payable.  

Elias Neocleous & Co LLC is proud to have sponsored the inaugural Business Connecting Event of the China-Cyprus Sister City Alliance, held on 8th February 2025 at the Four Seasons Hotel in Limassol. This remarkable event, hosted as part of a Chinese New Year Gala Dinner, celebrated the spirit of renewal, prosperity, and unity that the Lunar New Year symbolizes.

Join us in congratulating Maya Athanatou, Chara Charalambidou, Victoria Karakasidou, and Panayiotis Aristotelous on being promoted.

The Council of Ministers approved during its session on January 3, 2025, a bill amending the Law on Certain Matters of Mediation in Civil Disputes. The bill aims to enhance the use of alternative dispute resolution methods (ADR) in civil cases, with emphasis on mediation practices.

GRS Recruitment was proud to be a Platinum Sponsor at the recent Famagusta Masters 2 padel tournament, in Cyprus. The event brought together players from around the world in a weekend filled with thrilling matches, sportsmanship, and solidarity.

Cyprus has long been a shipping powerhouse, but its role is evolving fast to meet the needs of the digital age, according to Christoph Stork, CEO of Cyprus-based bunker trading platform XMAR.

The environment department has officially approved the expansion plans for both the Larnaca and Paphos international airports, it emerged on Thursday.

Cyprus’ real estate market kicked off the new year with a 21 per cent increase in property sales, compared to the same month last year, primarily driven by Limassol’s record-breaking surge.

Elias Neocleous & Co LLC congratulates Advocate & Associate Adonis Zachariou on his appointment to the inaugural STEP Next Gen Working Group