articles | 04 February 2025 | George Z. Georgiou & Associates LLC

Three-Tier Win: Upholding Injunctions in Aid of Foreign Disputes

We are pleased to share that our firm successfully opposed an application before the Supreme Court seeking leave for a third – level appeal.

The Supreme Court agreed with our submissions, concluding that the applicants failed to present legal issues that warranted intervention at this stage. Instead, their request sought to challenge the Court of Appeal’s judgement by framing it as a matter of distinguishing established legal precedents. The Supreme Court determined that the requests did not meet the threshold for granting leave, as they were based on differing views rather than raising new legal issues or distinguishing settled precedents.

The judgment ensured the preservation of the initial injunction we had obtained in support of foreign substantive proceedings in Luxembourg, securing an amount of approximately USD109 million. Furthermore, the judgment reinforces the Court of Appeal's ruling, setting a valuable precedent for securing interim relief in support of foreign substantive proceedings under Article 35 of Regulation (EU) No 1215/12.

Our dispute litigation team expertly navigated the complexities of the appellate process, ensuring our client's interests remained protected at every step.

Feel free to reach out to us to discuss.

You may read the judgment in full HERE and HERE (in greek)
Cooperation Partners
  • Logo for Cyprus Shipping Chamber
  • Logo for Cyprus Investment Funds Association
  • Logo for CYFA Cyprus
  • Logo for Cyprus International Businesses Association
  • Logo for Cyprus Chamber of Commerce and Industry
  • Logo for Love Cyprus Deputy Ministry of Tourism
  • Logo for Invest Cyprus
  • Logo for Association of Cyprus Banks
  • Logo for Ministry of Energy, Commerce, Industry and Tourism