Author: Nikolas Koukounis

30 Apr Purchasing foreclosed/leased property

Posted at 08:07h in Alternative Dispute Resolution, Litigation by Nikolas Koukounis

The relatively new foreclosures legal framework enables faster sale & registration of mortgaged properties in the name of purchasers and banks/asset management companies (AMCs), but disputes do arise thereafter as to the possession of the acquired assets: Purchasers frequently bump into purported lease agreements not...

02 Feb Dismissal of claim for annulment of arbitration clause

Posted at 19:57h in Alternative Dispute Resolution, Litigation by Nikolas Koukounis

Last week, the District Court of Larnaca ruled in favour of a sub-contractor represented by our firm, opposing the main contractor’s application seeking annulment of an arbitration clause in a Construction Contract based on allegations of fraud pursued by the main contractor....