Comparative Guides

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4. Results: Answers
Enforcement of Foreign Judgments
7.
Enforcing the foreign judgment
7.1
Once a declaration of enforceability has been granted, how can the foreign judgment be enforced?
Cyprus

Answer ... A foreign judgment can be enforced in one of the following ways:

  • a garnishee order to seize assets of the judgment debtor in the hands of a third party;
  • a writ of execution for the sale of movables;
  • a writ for the sale of immovable property or registration of a charging order over the assets of the judgment debtor;
  • a writ of possession;
  • a writ of sequestration of immovable property;
  • an order to the judgment debtor to make monthly payments over the judgment debt;
  • the commencement of bankruptcy or liquidation proceedings (although strictly speaking this is not an enforcement method); or
  • injunctions and orders encumbering the interest of the judgment debtor on shares and other stock owned.

For more information about this answer please contact: Ioannis Economou from Loizides & Economou LLC
7.2
Can the foreign judgment be enforced against third parties?
Cyprus

Answer ... Foreign judgments may potentially be enforced against third parties, subject to the confines of the enforcement methods described in question 7.1. One such method is through garnishee proceedings (governed by Section 73 of the Civil Procedure Law (Cap 6)), whereby the judgment creditor may enforce against money due and owing to the judgment debtor by a third party which is within the jurisdiction. This can include money held in the judgment debtor’s name in a bank or payment institution.

For more information about this answer please contact: Ioannis Economou from Loizides & Economou LLC
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Enforcement of Foreign Judgments