Economou & Co LLC stands out for its arbitration team, known for managing high-stakes arbitral award recognition proceedings from prestigious institutions such as the LCIA, SCC, and ICSID. Our team’s proficiency spans various sectors, consistently securing judgments amounting to hundreds of millions.

In a notable recent success, our arbitration team obtained a Mareva injunction (prohibitory order) against a state, marking a significant victory in a multi-million-dollar dispute. This achievement followed an intense litigation battle, demonstrating the team's strategic skill. The Mareva injunction is a potent legal instrument, freezing the defendant's assets to prevent dissipation before the final judgment. Securing such an order against a state is an exceptional feat globally, underscoring our team’s capability to handle intricate legal challenges.

This success also highlights the willingness of Cyprus courts to support arbitration and protect arbitration awards, reflecting their commitment to the international arbitration process. The case has introduced complex issues of state immunity, which will be addressed in later stages, further emphasizing the intricacy and importance of our work.

This accomplishment enhances Economou & Co LLC’s arbitration and dispute resolution team, illustrating our dedication to exceptional legal practice. We excel in managing and resolving disputes that require a deep understanding of both international arbitration and domestic enforcement procedures.

Economou & Co LLC’s arbitration team maintains the highest standards of legal practice, continually broadening our expertise to meet the evolving challenges in arbitration and dispute resolution. Our recent achievements reflect our commitment to securing the best outcomes for our clients, regardless of the complexity or scale of the dispute.