Insider Business Cyprus provides golden businesses opportunities for international law firms

Cyprus provides golden businesses opportunities for international law firms

In the past few years, foreign law firms have sealed deals exceeding €10 million with Cyprus. The firms have been working mainly on pending cases involving Greece and Cyprus at the International Tribunal.

In 2016, fees exceeded €17 million. The Republic of Cyprus through its Legal Service has worked with law firms with specialised expertise in financial crises since 2014. The cases they deal with mainly concern the PSI and bail-ins for Greek and foreign depositors.

In 2017 the international law firms Curtis, Mallet-Prevost, Colt & Mosle LLP headquartered in New York had a fee of €3.091.781. In 2016 the company’s fees reached €2.958.880, while in 2015 the company was reimbursed with €1.816.555.
In 2017, the Skadden, Arps, Slate, Meagher & Flom (UK) LLP office in London, dealing inter alia with international arbitration and court proceedings, white collar crime, employment and financial regulation, received €3.071.185. In 2016 its fee was €3.972.272, in 2015 it was €1.572.070 and in 2014 €372.672.

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Taste

Cyprus sprouts with cream and prosciutto

In a big, deep frying pan, fry the prosciutto in the olive oil, on medium heat for 2 minutes. Add the onion and garlic...

Pork burger with sundried tomatoes, mozzarella and anchovies

Mix all the ingredients together with the mince in a bowl, and combine well. Divide into 4 balls and form the burgers. Warm a griddle/pan...

Sheftalies

Wash the lamb cauls with plenty of cold water and let them settle in water and vinegar for a little while. Soak the bread crumbs...

Loukaniko Pitsilias – Pitsilia Sausage

Pitsilia sausage is produced in the Pitsilia region from pork minced meat that is “cooked” ( matured) in the dry red wine of the...