Soteris Pittas & Co LLC is a boutique law firm, in size only, focusing on the areas of law related to business activity and dedicated to providing its clients with outstanding, highly personalized, legal representation.
The lawyers and associates of the firm with their combined skills-set and knowledge can provide comprehensive legal solutions according to the clients’ particular business needs, requirements and objectives. We are committed to representing our clients at all stages of disputes, including negotiation, mediation, arbitration, and litigation, in order to secure just compensation and legal vindication.
In the leading Appellate case, Attorney General of The Republic of Kenya -v- Bank Fur Arbeit & Wirtschaft AG (1999), the Supreme Court of Cyprus held inter alia, that Cypriot Courts do have inherent jurisdiction...
In the leading Appellate case, Attorney General of The
Republic of Kenya -v- Bank Fur Arbeit & Wirtschaft AG
(1999), the Supreme Court of Cyprus held inter alia, that Cypriot
Courts do have inherent jurisdiction to stay or suspend the
enforcement proceedings of an arbitral award, provided that there
are strong grounds for granting such stay, in order to prevent
injustice.
The Cypriot Appellate Court adopted and followed the American
appellate case Hewlett Packard Co Inc. -v- Hedge Berg &
Others, in which the American Appellate Court had decided
inter alia to stay the enforcement and recognition proceedings of
an arbitral award, pending the outcome of the 2nd Arbitration
Proceedings, between the same parties, but also dismissed a request
to allow set-off of a claim, which was the subject to the 2nd
Arbitrations Proceedings.
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