The Corporate and Commercial law practice of Michael Kyprianou & Co LLC provides advice in a full spectrum of corporate transactional and other matters including public and private mergers and acquisitions, joint ventures, corporate restructurings, corporate governance, capital markets and private equity investments. The team advises clients across the globe on both their domestic deals as well as their most intricate cross-border transactions, offering market-leading capabilities.
The depth of the experience and knowledge of the corporate and commercial lawyers of Michael Kyprianou & Co LLC enables the team to act expeditiously and deliver results on complex domestic and multijurisdictional transactions.
Michael Kyprianou & Co LLC’s clients derive from several industries, such as financial services and financial institutions, real estate, private equity, energy, insurance, pharmaceuticals & healthcare, sovereigns, mining, manufacturing & industrial, maritime & shipping and technology.
The Corporate Department of Michael Kyprianou & Co LLC has advised Sberbank of Russia and Sberbank Invest on the banks' participation in the joint venture with O1 Properties, one of the largest groups of property owners and managers in Russia, and the financing and acquisition of a share in the company's capital, owning the White Square complex in Moscow for the total value of USD 800 million.
The firm acted as the Cypriot counsel for Silk Road Fund, a state-owned investment fund of the Chinese government, on the equity investment and a 15-year loan financing for the amount of €1.09 billion of Russia's key new Liquefied Natural Gas (LNG) project owned by Novatek, Russia's largest independent natural gas producer.
Acted as the Cyprus counsel in many cross border and domestic mergers and re-organizations of companies, including but not limited to the cross-border merger between a Cypriot company (‘the Acquiring Company’) and a Polish entity (‘the Acquired Company’) owning famous supermarket chain stores in Poland. The matter value of the merger was approximately €18.000.000 and our firm was instructed to advise the Cypriot entity as to the procedure to be followed, to draft and negotiate the merger plan and all other documents required under Cyprus law including but not limited to the drafting and submission of the applications to the District Court of Cyprus. The surviving company following completion of the cross-border merger was the Cypriot entity. Our firm was responsible for drafting and negotiating the merger plan, the directors’ report, any documents required under Cyprus law in connection to this matter and to submit the documents with the Registrar of Companies of Cyprus.
Involved in a due diligence exercise and the subsequent acquisition of a Cypriot company, for a purchase price of over €20,000,000, by a Dutch professional services company. Other than the review and negotiation of all relevant agreements executed by the parties for the acquisition of the company, our office was responsible for supervising and monitoring all transfer and completion actions, also providing general legal assistance and advice to the client for all matters that involved a Cypriot element in the transaction.
Michael Kyprianou & Co LLC has been engaged by a French development financial institution to provide legal assistance and advice in relation to the sale of its stake in a Cypriot company for the amount of approximately €13,000,000. Our firm was also responsible for coordinating the finalization of the sale and purchase of the shares with the other French, English and Indian advocates and law firms involved in the transaction.
Handled and assisted with the incorporation and setting up of many investment firms, administrative service providers, alternative investment funds, their managers and other issuers registered and regulated by the Cyprus Securities and Exchange Commission. The corporate and commercial team is continuously being instructed in relation to capital markets and corporate law and governance. The team advises both on regulatory and corporate matters for a number of Cyprus Investment Firms and has effectively handled the listing of securities for various companies in domestic as well as foreign markets.
Advised on the corporate set-up and restructuring for various clients, including, but not limited to, advising clients on the available corporate structure options and providing solutions for the effective and tax efficient protection of the client’s company, intellectual and real estate property rights, in accordance with the applicable tax laws, undertaking the general administration of the said companies and assisting with its management.
The Corporate Department of Michael Kyprianou & CO LLC Greece has advised a leading United States investment group (name confidential due to nature of the project and ongoing basis) on the groups acquisition of a number of renewable energy projects. The transaction total value exceeds USD 120 million.
The litigation department successfully represented Mari Recycling S.A., a Greek recycling company, in relation to a dispute with a recycling certification company leading to the recovery of an amount of €700.000.
Successfully represented an Israeli national in relation to extradition proceedings under the European Treaty on Extradition.
The 2016 Chambers Europe Guide cited the Corporate and Commercial department of Michael Kyprianou & CO LLC as being "very good at breaching the gap between Cyprus and the rest of the world in international transactions" and clients have re-affirmed the wealth of the team's experience and the quality of legal services provided.
2016 Chambers Europe Guide
Notable quotes from clients in the 2015 Legal 500 guide include "a go-to firm for matters requiring Cyprus law expertise", the team is "responsive" and has an "in-depth business understanding".
2015 Legal 500 Guide
"… corporate awareness, both in Cyprus and internationally. Precise, spot-on advice tailored to my needs, without window-dressing potential problems." "The firm is very client-oriented - they always try to find a solution and give priority to important and urgent matters."
2017 Chambers Europe Guide
The Head of the Corporate Department based in Limassol, Tonia Antoniou, was given recognition for her extensive experience particularly in cross-border M&A and restructurings. Sources confirm: "She is very responsive, knowledgeable and experienced in a large area of legal issues." Another recipient of the 2017 awards was Athens-based Ilias Tsintavis, a member of both the Athens and Cyprus Bars His practice area includes corporate law, international tax and litigation.
2017 Chambers Global Guide
Michael Kyprianou & Co. LLC's 'responsive' team is 'prepared to always go that extra mile'. It provides 'a top-level service' in capital markets and corporate governance capabilities, and acted as local counsel alongside an international law firm on a large overseas takeover and associated business combination and restructuring. The 'approachable' Lambros Soteriou and the 'experienced' Tonia Antoniou are commended along with 'technically excellent' associate Ioanna Solomou.
2017 Legal 500 Guide