Cyprus court decided in favor of our client
May 1, 2016
The court of Nicosia granted a receivership application of our client over a debtor company for the amount of $50M.
The court confirmed the appointment of the client's receiver and ordered the debtor's directors to open the books and accounts to the receiver.
The court confirmed the appointment of the client's receiver and ordered the debtor's directors to open the books and accounts to the receiver.