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 recent English case JSC BTA BANK -V- KHRAPUNOV (2018), the Supreme Court, held inter alia, that third parties may find themselves exposed to damages for unlawful means conspiracy,
In the recent English case JSC BTA BANK -V- KHRAPUNOV (2018),
the Supreme Court, held inter alia, that third parties may find
themselves exposed to damages for unlawful means conspiracy, if
they assist in the breach of a freezing injunction.
The English Supreme Court held that contempt of Court can
constitute unlawful means, for the purpose of the tort of
conspiracy to cause loss by unlawful means.
The above English case law provides useful guidance to Cypriot
Courts in holding, persons assisting in breaching a freezing
injunction, liable for damages for the civil tort of unlawful means
conspiracy, in addition to the possible punishment (i.e.
imprisonment, fine, or sequestration of assets), which Cypriot
Court may impose for contempt of Court.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
