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16th April 2024
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Reprieve for trapped buyers

The Cyprus government has vowed to continue issuing Title Deeds to trapped buyers despite the recent court rulings that left them in legal limbo according to a report in the Cyprus Weekly.

Commercial court in 2018

In efforts to modernise the Cyprus justice system, a new Commercial court will be set up in early 2018 to deal with claims arising from contracts, company disputes, the purchase or sale of goods, etc.

Swiss Franc mortgages interim judgement

The first Cypriot (interim) judgement has been awarded by the Nicosia District Court in a case that affects many bona fide borrowers who bought property with a loan denominated in Swiss Francs.

Court bans banks foreclosing

The Larnaca District Court has banned banks from foreclosing on properties used as collateral for loans for which courts gave the go ahead before the new foreclosure law came in effect last year.

Aristo trial court ruling July 28

The court will issue its judgement in the case against Theodoros Aristodemou, the founder of Aristo developers and former chairman of the Bank of Cyprus, and three others on July 28.

Case against Aristo stands

The Paphos criminal court has ruled that there is a case against Theodoros Aristodemou, the head of Aristo Developers Limited, and three others relating to the illegal division land at Skali.

Paphos mayor in court today (Update)

Savvas Vergas, the Paphos mayor, is scheduled to appear before the Paphos District Court today in connection with threatening SMS messages sent to a number of people involved in the Aristo case.

Aristodemou: trial date set (update)

The boss of Aristo Developers, Theodoros Aristodemou, and three of the other four suspects in the alleged Skali land scam were released under terms on Tuesday until their trial on 30 October.

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