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Assignment or Novation: A Practical Guide

Introduction Businesses change constantly. A company may sell part of its business, reorganise its group structure, replace a contractor, transfer a loan, or move a commercial relationship from one entity to another. When that happens, one question [...]

Legal Implications of the U.S. TikTok Ban: Potential Repercussions for Europe and Cyprus

Introduction On January 19, 2025, TikTok ceased operations in the United States following the enforcement of a law mandating its Chinese parent company, ByteDance, to divest TikTok or face a ban. This decision was upheld by the U.S. Supreme Court, [...]

Cyprus’ Potential Schengen Membership: A Legal and Economic Perspective

Cyprus may soon take a significant step toward deeper integration with the European Union, as the nation edges closer to joining the Schengen Zone. Last Friday, the President Nikos Christodoulides, expressed optimism that ongoing discussions with [...]

The Legal Implications of AI in the Workplace: Navigating Risks and Compliance

Artificial Intelligence (AI) is transforming workplaces, introducing automation and efficiency in hiring, monitoring, and decision-making processes. However, AI’s use raises significant legal risks, particularly in discrimination, privacy, and [...]

A Practical Guide to Administrative Law in Cyprus

Administrative law is the body of rules governing the organisation, operation, and oversight of administrative bodies exercising public authority, ensuring the protection of individual rights and promoting fairness, legality, due process, and [...]

Civil Procedure Rules in Cyprus: A Practical Guide in Addressing Procedural Errors and Uncertainty

As of September 2023, Cyprus implemented new Civil Procedure Rules (CPR), a significant reform aimed at modernizing and improving the efficiency of the judicial process. This reform, modelled after the English Civil Procedure Rules, was a major [...]

Cyprus Guide to Temporary Work/Residence Permits for Third-Country Nationals / Employees at International Companies

If you are considering employing third-country nationals in Cyprus, it is crucial to understand the requirements for obtaining temporary work or residence permits. Our guide provides a comprehensive overview of the criteria and processes involved in [...]

Guide to Liquidations and Insolvency in Cyprus

Introduction With extensive experience in representing clients in insolvency disputes exceeding the value of €2.5 billion, Economou & Co LLC is deeply familiar with the intricacies of Cyprus’ liquidation and insolvency laws. Liquidation and [...]