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Searching Content indexed under Insolvency/Bankruptcy/Re-structuring by Soteris Pittas ordered by Published Date Descending.
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A Holder Of An International Arbitral Award, Before Its Registration In Cyprus, Under The New York Convention, Cannot Be Regarded As A "Creditor", Within The Meaning Of Section 212 Of The Cyprus Companies Law CAP 113.
The Supreme Court of Cyprus decided that a holder of an International Arbitral Award not yet registered under the New York Convention cannot be regarded as a "Creditor".
Cyprus
28 Jul 2014
2
An Applicant Cannot Abuse The Machinery Of The Mareva Injunctions In Order To Trap A Respondent In A Transaction
In a recent decision of a Cyprus Court, it has been held that an applicant cannot abuse the machinery of the mareva injunction in order to trap a respondent, in the completion of a transaction, for the sale of assets by the applicant to the respondent, in exchange of consideration, whose transfer and registration was blocked previously by the Applicants.
Cyprus
5 Oct 2011
3
Do Russian Courts Have Jurisdiction To Issue Interim Relief In Support Of Cyprus Legal Proceedings?
In a revolutionary judgment issued by the Federal Arbitradz Court of Northwest District of Russian Federation in the case NA 56-9512/2009, FINESTERRE RECOVERY FUND I LTD & OTHERS confirmed that Russian Courts have jurisdiction to issue interim relief.
Russian Federation
5 Oct 2011
4
Company & Insolvency Law - Shareholders Agreements Or Joint Venture Agreements And The Anti–Deprivation Rule
The deprivation principle, as derived from the authorities is that "there cannot be a valid contract that a man's property shall remain his until his bankruptcy, and on the happening of that event, go over to someone else and be taken away from his creditors".
Cyprus
29 Sep 2011
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