Our Firm has recently filed a preventive action accompanied with an ex parte application for the issuance of quia timet injunctions against an ex-employee of our Clients, who threatened to disclose confidential information and defame publicly our Clients.

On the 18th December 2018, the Department of Registrar of Companies and Official Receiver (hereinafter “Registrar of Companies”) has announced the adoption of a number of amendments on various corporate related matters pursuant to the Cyprus Companies Law (CAP 113) (hereinafter the “Law”). These amendments are considered an important legislative reform as it promotes the modernization and reorganisation of the procedural aspects of the Department of Registrar of Companies and Official Receiver with an attempt to simplify common procedural practices of the same and to ensure that the Registrar of Companies is updated in a proper and timely manner.