CYPRUS Trends and Developments
Trends and Developments Contributed by: Ioannis Economou, Eleftherios Economou, Michalis Zivanaris and Elli Economou Economou & Co LLC
Economou & Co LLC stands out in the Cypriot legal landscape as a boutique law firm with a specialised focus on dispute resolution and international arbitra - tion. Due to its unique expertise, the firm is entrust - ed with some of the most complex and high-stakes dispute resolution matters in Cyprus. Its clientele in - cludes leading international law firms, high net worth individuals, banking institutions, and multinational corporations. The firm has successfully represented clients before all levels and jurisdictions of the Cyp -
riot courts and has been involved in several landmark cases in the last couple of years, including: liquidation proceedings concerning debts exceeding EUR2 bil - lion; recognition and enforcement of arbitral awards approaching EUR500 million; setting new precedents in white-collar crime cases in Cyprus through the ap - plication of the House of Lords judgment R v Preddy [1996] W.L.R. 255; and setting new precedents in in - ternational litigation by obtaining prohibitory and dis - closure orders against a sovereign state.
Authors
Ioannis Economou is the managing partner of Economou & Co LLC. Since 2023, he has served as a director of the Cyprus Mediation and Arbitration Centre. A skilled litigator, he has led some of the most complex
Eleftherios Economou is a partner at Economou & Co LLC with extensive experience in cross-border commercial and financial disputes, having led numerous high-stakes, high-value litigation cases. He
and high-stakes cross-border disputes recently brought before the Cypriot courts, involving claims worth billions of euros. He regularly acts for major international clients in cases of fraud, shareholder conflicts, insolvency, and arbitration. He delivers practical, results-driven legal solutions grounded in deep corporate and commercial law expertise, with a strong focus on strategic dispute resolution and client-focused advocacy.
frequently appears before all levels of the Cypriot courts, representing a distinguished clientele that includes global investment firms, private equity funds, high net worth individuals, payment institutions, and international businesses. In addition to his strong record in complex commercial litigation, Eleftherios has built a reputation for success in high-profile cross-border defamation and libel cases, particularly those involving online publications and reputational risk.
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