Monday 10 December 2018
Pelecanos and Pelecanou LLC
Dedalos Corporate and Fiduciary Services

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CYPRUS: Jurisdiction for claims arising out and/or in connection with an Agreement

In the Appellate case HAMPTON ADVISORY GROUP S.A. –V- BOST AD & OTHERS (2012), it has been inter alia held, (adopting the European Court judgment in SHENAVAI –V- KREISCHER (1987) CMLR 782) – that a Court before which an action is brought will, when determining whether it has jurisdiction, be guided by the maxim “accessorium sequitur principalae”; in other words, where various obligations arising out from an agreement are in issue, it will be the principal obligation, which will determine the jurisdiction and not the secondary application.

For further information on this topic please contact
Mr. Soteris Pittas( spittas@pittaslegal.com) at SOTERIS PITTAS & CO LLC,

By telephone (+357 25 028460) or by fax (+357 25 028461)

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