Firm Profile

A.G. Erotocritou LLC is a specialised law firm in Cyprus offering legal services in both non-contentious, advisory and litigation matters.

The firm has firmly established itself as a “top tier” leading law firm in Cyprus, having cultivated an unrivalled reputation for excellence, with an impressive track record and an all-embracing legal service capability, underpinned by an acute sense of commercial awareness. The firm’s achievements have been duly recognised and endorsed by selected international legal directories such as Chambers and Partners (ranking the firm at Tier 1), Legal500 (ranking the firm at Band 1), IFLR, WhosWhoLegal, BestLawyers and Client Choice / International Law Office. Amongst others, the firm has been recognised as “an exception in the Cyprus market where everyone does everything”, a firm which “is always there for the client” and has “all the professionalism you would expect from a large international firm”.

A.G. Erotocritou LLC offers specialist services, embracing diverse legal disciplines and practice areas, with regard to which all work is executed in a flawless and transparent manner. Unlike many of the firm’s competitors, A.G. Erotocritou LLC adopts a refreshingly personalised approach and is geared to achieving effective co-ordination and planning. This in turn ensures timely turnaround/delivery times, cost-effective strategies, reliability and client accessibility – key factors which contribute and are crucial to the firm’s overall operational efficiency.

The firm has rigorously implemented a business model similar to that of the most prominent U.S. and U.K. international law firms; hence, A.G. Erotocritou LLC has allocated significant resources in recruiting and maintaining talented lawyers in order to secure its ability to deliver the same level of services in the long-term. A structured multi-stage selection process is undertaken for all candidates, evaluating merit and ethos as key criteria for recruitment. All members of the A.G. Erotocritou LLC legal team are US or UK graduates, have outstanding academic credentials and possess exceptional research, communication, negotiation, organisational and interpersonal skills which not only complement their in-depth knowledge of Cyprus law, but serve as indispensable resources in their ability to undertake complex international/cross-border legal issues.

A.G. Erotocritou LLC strives to cultivate close working relationships with those to whom it renders legal or associated services, ranging from international law practices, banking institutions, multinational corporations, governments, non-profitable associations, ultra-high net worth individuals, public/private companies, partnerships, sole proprietorships, joint ventures, clubs, trusts, funds and other industrial/commercial entities and business structures which constitute the firm’s varied and extensive client portfolio.

In alignment with the constantly developing international legal environment, we have intentionally developed our specialisation towards providing high quality comprehensive legal support to specific legal sectors with a strong focus on corporate and commercial litigation & arbitration, regulatory (financial services), private client, real estate, banking and finance, corporate and m&a, corporate restructurings and insolvency, shipping, data protection, tax planning and IP legal services.

In an effort to remain at all times conflict-free, maintain its specialisation and be able to act in complex commercial disputes and transactions, A.G. Erotocritou does not act as a trustee company by way of provision of corporate administration or nominee services. This is contrast with the vast majority of the law firms which are active in the sectors of dispute resolution, and other areas in which the firm is active. Moreover, the firm does not act for and on behalf of local banking institutions on fixed retainer agreements, thus focusing on 100% purely legal work.

In order to be able to provide service of the highest qualitative standards, A.G. Erotocritou LLC does not “deal with every case”; hence, only a limited number of engagements are accepted, to ensure that the exclusive clientele of the firm enjoys responsiveness and service which are consistent with the leading international firms and the highest standards of the profession. 

As a result of the firm’s reputation and expertise, A.G. Erotocritou LLC is proud to count some of the largest international law firms, governments, UHNWI, banking institutions and multinational corporations among our clients. On a domestic level, we are also advising some of the most prominent institutions and companies as well as various local and international non-profitable associations. Some examples of the firm’s clientele include Google, AWS, Kuehne + Nagel, Essar, Unicredit Bank, UBS, PepsiCo, Marriott Group, Marsh, RBS, Bombardier, Novartis, the Republic of Cyprus, etc.

Some recent examples of work carried out in the last years include:

Recent related work handled includes:

• Advising our client in a highly publicized, cross-border probate case of an estimate value $4 billion, which has given rise to proceedings across various jurisdictions;
• We have represented a plethora of UHNWI in relation to their multimillion investments in Cyprus and on the set up of a trust with assets exceeding $3billion;
• We are representing a UHNWI in relation to the construction of a 5* hotel;
• Advised and being involved in proceedings in relation to one of the most high-value divorces of all times, on a global level;
• We advised on highly complicated corporate/tax related issues surrounding art work of multimillion worth value;
• We have advised one of the wealthiest UAE nationals (former ruler) on complex trust/tax related matters;
• Instructed to represent one of the leading developers of renewable energy projects in the Mediterranean, in relation to a high-profile, EUR 400m dispute, which spans across various jurisdictions -the firm successfully opposed interim freezing injunctions of the same value that had been issued on an ex-parte basis;
• Acted in the in the USD 840.000.000 dispute over the privatisation of a leading telecom provider in the CIS area. The dispute involved parallel proceedings in London, Cyprus and Ukraine and has attracted wide-spread press coverage, as a world-wide freezing injunction issued in Cyprus covered the personal assets of an UHNWI;
• Acting for one of the largest international banks to assist on a complex refinancing of a multinational corporation, for a value exceeding €250,000,000;
• Advised the largest banks, investment firms, assets managers, funds and other market participants in the financial services sector doing business in Cyprus on a range of banking and regulatory matters relating to financial services and products in Cyprus;
• Instructed by the largest and fastest growing Italian ship-owner operating globally in the offshore oil & gas industry in relation to a joint venture with a prominent local group with regards to a large local infrastructure project in the energy sector;
• We have been instructed to oppose the recognition and enforcement of an arbitral award in Cyprus, issued by the LCIA in London, in relation to a global dispute between an energy company and a German utility provider, in relation to an investment the value of which exceeds 1.2 billion Euro;
• We have been instructed to act as Cypriot counsel for a HNWI in relation to a dispute over an oil venture. Our firm offered advice on matters of Cyprus Law raised, in the main proceedings taking place before the Supreme Court of New York, and took a leading role in the Rogatory Proceedings raised in Cyprus which involved the cross examinations of key witnesses residing in Cyprus. The value of the case exceeds 2billion USD. The case was described by the Financial Times, as “the biggest oligarch legal battle in the US”;
• We have been instructed to advice upon, structure and implement the largest ever (in terms of size and magnitude) Scheme of Arrangement between a Cyprus holding company, and its creditors, in relation to debts exceeding USD 700 million (part of the assets included a bank institution). The complex restructuring project, involved, inter alia, the defence by the company of 14 high value cases raised before the District Courts of Cyprus;
• Advising one of the largest international banks in various asset tracing exercises, including the coordination of a global exercise to locate assets belonging to a group worth over $200m;
• Advised a global leader in technology and innovation (listed in Nasdaq) on various regulatory issues surrounding importing and exporting of products, as well as on other commercial and regulatory / licensing and real estate issues;