Today, the festive spirit arrived at our office in the most joyful way. We had the pleasure of welcoming a wonderful group of students from the 9th Lyceum of Agios Antonios, who filled our workspace with the sounds of traditional Christmas carols and uplifting holiday cheer.

We are excited to share that Partner Katerina Philippidou and Associates Stavroulla Nicolaou and Sophia Christodoulou have contributed the Cyprus chapter on Restructuring & Insolvency to Lexology Panoramic, a leading global comparative guide.

After a period of global uncertainty and economic adjustment, Cyprus is entering 2026 with renewed optimism. The latest labour market figures for the first quarter offer a strong signal that the country’s economy is not only recovering but gaining meaningful momentum. With more people in work, fewer unemployed, and key sectors showing signs of expansion, the tone is set for what could be a transformative year for the world of work in Cyprus.

On Saturday, 22 November 2025, the annual charity event Wish for the Stars – Bands Edition lit up Monte Caputo, Limassol, bringing together hundreds of supporters for an unforgettable evening dedicated to giving back. As one of the co-organisers of this remarkable initiative, Patrikios Legal is proud to share the resounding success of this year’s event.

We are delighted to share that our Partner-Head of International Disputes Marina Hadjisoteriou is participating as a speaker at the International Women’s Insolvency & Restructuring Confederation (IWIRC) Europe 2025 Annual Conference, taking place on 21 November 2025 in the vibrant city of Rome. This revolutionary event brings together leading restructuring, insolvency, and disputes professionals from across Europe for a day of high-level dialogue and meaningful networking.

Ushering in a new era of regulatory clarity for Cyprus’ burgeoning funds sector, the Cypriot House of Representatives passed the Investment Funds Administrators Law (L.101(I)/2025) on 29 May 2025. Published in the Official Gazette on 18 June 2025, the law establishes a standalone licensing and supervisory framework for fund administration companies – a sector previously governed by broader fund manager rules. By aligning Cyprus with leading EU standards and requiring administrators to meet stringent capital, governance and compliance obligations, the legislation underscores the jurisdiction’s commitment to investor protection and operational excellence.

In a recent multi-billion and multi-jurisdictional dispute, our law firm, in collaboration with the leading Polish law firms Clifford Chance, Janicka, Kruzewski, Stosio I Wspólnicy Wspolnicy sp.k, Rymarz Zdort Maruta, and the Liechtenstein firm Gasser Partner Rechtsanwälte, successfully obtained ex parte permissions from the Supreme Court of Cyprus to file Writs of Certiorari seeking to quash numerous ex parte injunctions issued by the Cypriot lower Courts.

George S. Ioannou and Alex Themis acted on behalf of the property owners in this groundbreaking case, which received significant public attention.

Elias Neocleous & Co LLC was delighted to participate in two events held under the Digital Europe Programme on the 4th and 5th of November 2025 held in Ayia Napa Marina, together with our colleagues Michael Ioannou, Vassilis Psyrras and Avgi Michael.

Joint custody and alternating residence are modern approaches to parental responsibility, ensuring both parents remain actively involved in a child’s upbringing, education, and emotional development after separation. In Cyprus, where sole custody often awarded to mothers has traditionally prevailed, proposed reforms aim to make joint custody the default, emphasizing the child’s best interests and requiring genuine cooperation between parents.