CYPRUS Trends and Developments
Trends and Developments Contributed by: Ioannis Economou, Eleftherios Economou and Michalis Zivanaris 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. Through its unique expertise, the firm is entrust - ed with some of the most complex and high-stakes dispute resolution matters in Cyprus. It has success - fully represented clients before all levels and jurisdic - tions of the Cypriot courts and has been involved in several landmark cases in the last couple of years,
including: liquidation proceedings concerning debts exceeding EUR2 billion; recognition and enforcement of arbitral awards approaching EUR500 million; set - ting new precedents in white-collar crime cases in Cyprus through the application of the House of Lords judgment R v Preddy (1996) WLR 255; and setting new precedents in international litigation by obtaining prohibitory and disclosure 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
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.
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.
Michalis Zivanaris is an accomplished litigator and a partner at Economou & Co LLC, with a particular expertise in administrative law and regulatory disputes. He frequently advises on matters
involving public authority decisions, licensing, and compliance issues, while also handling complex civil cases. His broader practice includes commercial transactions, digital assets, employment, and succession matters. Michalis represents clients across various industries, including fintech, gaming, banking, and information and communications technology. Appreciated for his measured judgement and solution-oriented mindset, he offers well-calibrated legal guidance tailored to the complexities of each case.
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
frequently appears before all levels of the Cypriot courts, representing a distinguished clientele that includes global investment firms, private equity
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