Advised and represented a client in an acquisition of a 50% shareholding in a Cyprus company, previously owned by a banking institution, for a total transaction value of €5.7 million. Subsequently advised the client on how to enforce a share pledge provided to for financing the purchase of the remaining 50% of the company by another investor. The pledge was successfully enforced, resulting in our client becoming the sole shareholder of the Cyprus company.
People
Contact Details
- T: +357 26 930800
-
P.O Box 64145, 8072
Paphos, Cyprus
Michael Kyprianou House
19 Kinira Street
8011 Paphos
Cyprus
Languages Spoken
English, Greek
Machi Kleanthous
Senior Associate
Machi Kleanthous is a member of the firm’s Corporate and Commercial team, advising clients on a wide range of corporate matters, including shareholders’ agreements and share purchase agreements. Her experience includes conducting legal due diligence, performing in-depth legal research, and providing comprehensive strategic advice on complex corporate transactions.
Machi also specialises in immovable property law, assisting both international and local clients with real estate matters in Cyprus. Her practice covers property acquisitions and conveyancing for new and resale properties. She regularly represents clients in real estate transactions, rental agreements, and construction projects involving residential and commercial properties.
In addition, Machi has extensive experience in immigration law. She advises clients on Cyprus citizenship and residency applications, as well as on private client matters, including estate planning and corporate structuring. Her approach focuses on strategic planning to support business growth in Cyprus and internationally.
Throughout her career, Machi has developed a strong and reputable standing in the legal community and is particularly known for her experience in Corporate and Commercial, Real Estate, and Immigration Law.
Practice Area Specialization
Credentials
Education
LLB, University of Leicester, UK (2009)
LLM in International Commercial Law, University of Leicester, UK (2010)
Professional Memberships
Cyprus Bar Association
Paphos Bar Association
Specialization
Corporate and Commercial
Immovable Property Law
Immigration Law
Career progression
Senior Associate, Michael Kyprianou Law Firm (since 2022)
Associate, Michael Kyprianou Law Firm (2014-2021)
Experience
Advised one of the world’s largest publicly listed online marketplace companies providing freelance services globally in its acquisition of three Cyprus Companies for around US$9 million. Services provided included conducting extensive legal due diligence on the target companies, assisting in the identification and assessment of legal risks, preparing and negotiating the transaction documents, coordinating the satisfaction of conditions precedent, and advising on the corporate restructuring and acquisition process to ensure the successful completion of the transaction.
Advised a client on the acquisition of eight apartments within the same residential development in Paphos. Services provided included conducting comprehensive legal due diligence on each property to verify its legal status and to identify any encumbrances or issues affecting title, undertaking comprehensive client due diligence to ensure full compliance with the applicable Anti-Money Laundering (AML) legislation and regulatory requirements, drafting and negotiating the sale agreements for each of the eight properties, coordinating the execution of the transaction documents, and lodging the agreements with the District Land Registry Office to secure the purchaser’s rights pending the transfer of the separate title deeds.
Advised a client on a complex real estate and development exchange in which the client contributed two plots of land to the developer’s project in return for two residential apartments together with additional cash consideration. The transaction required careful structuring to align the land contribution with the allocation of off-plan units while protecting the client’s rights and economic position throughout the development. The matter involved a multi-layered arrangement combining real estate, development structuring, and partial cash settlement, requiring close attention to contractual protections, timing of performance, enforceability within the developer’s corporate and project structure, and related tax and VAT obligations.