We are pleased to congratulate our Senior Associate Stavroulla Nicolaou, on successfully passing the Insolvency Practitioner examinations. This important achievement reflects both her professional dedication and our firm's continued investment in the highly specialised area of restructuring and insolvency.
The Insolvency Practitioner certification is granted under the framework of the Insolvency and Related Matters Law of 2020 (Law 68(I)/2020) and is overseen by the Insolvency Department of the Ministry of Energy, Trade and Industry, together with the Cyprus Bar Association and the Cyprus Association of Certified Public Accountants.
Insolvency Practitioners play a vital role in the effective management of bankruptcy and liquidation assets, while also promoting a modern insolvency culture focused on business rescue, sustainability and second chances. The regulatory framework aims to support viable businesses, safeguard employment, reduce non-performing loans and provide structured solutions for individuals and companies facing financial distress.
At Patrikios Legal, restructuring and insolvency is a core area of practice. Stavroulla's qualification further strengthens our team's ability to advise clients on complex insolvency proceedings, corporate restructurings and recovery strategies, always with a focus on preserving value and achieving practical, commercially sound outcomes.
We congratulate Stavroulla on this milestone and look forward to the continued contribution she will make to our clients and our firm's growing restructuring and insolvency practice.
More information about the Ministry's Insolvency Department can be found here: www.insolvency.gov.cy