Antis Triantafyllides & Sons LLC successfully defended before the Court of Appeal a case concerning interim freezing orders
We are pleased to have successfully represented the respondents in the Civil Appeal E19/2019 before the Court of Appeal of the Republic of Cyprus.
The appeal concerned interim freezing orders granted in support of claims exceeding USD 66.8 million under three guarantee agreements.
The appellant sought to set aside the firstinstance decision which upheld the continuation of the ex parte orders, advancing multiple grounds including alleged material nondisclosure, lack of urgency and failure to satisfy the statutory requirements for interim relief.
The Court of Appeal dismissed all grounds of appeal, upheld the firstinstance judgment and awarded costs in favour of our clients.
The judgment provides valuable clarification on:
1) the scope of the duty of full and frank disclosure;
2) the proper application of section 32 of the Courts of Justice Law (No. 14/1960), as amended;
3) the evidential threshold for Marevatype relief; and
4) the weight courts may place on conduct suggesting risk of dissipation.
It stands as a significant appellate endorsement of the framework regulating interim injunctive relief in Cyprus.
Our team was led by Marlen Triantafyllides, with the support of Constantinos Constantinides.
April 2026, Antis Triantafyllides & Sons LLC, Nicosia, Cyprus
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