Our team in Cyprus is trusted by global banks, leading law firms, private equity houses, and hedge funds to analyze, collaborate on and take control of complex cross-border and domestic assignments of both a contentious and consensual nature.

“As one of the most well-regarded, independent practices in Cyprus, we work closely with lenders, investors in non-performing loans, and leading legal practices, both domestic and international.”
Constantinos Ioannou, Managing Director, Head of Cyprus

Our team in Cyprus

Our team in Cyprus is led by Managing Directors and Licensed Insolvency Practitioners, Constantinos Ioannou and Andrew Andronikou. The team has extensive experience in managing assignments in Cyprus and globally for a range of clients and is one of the most well-regarded practices in Cyprus with specialist knowledge across a range of sectors including:

  • Real estate
  • Retail
  • Financial services
  • Tourism
  • Hospitality and leisure
  • Traditional Cypriot industries

Who we work with 

Our clients include leading Cypriot and global financial institutions, and several international debt purchasers for whom we undertake a wide range of complex matters relating to the recovery of non-performing loans and realization of non-performing assets. Our work regularly sees us operating outside Cyprus, to trace and recover assets in foreign jurisdictions. The team also has sector specialisms in real estate, retail, financial services, tourism, and hospitality, as well as traditional Cypriot industries. 

What we do 

The team works with stakeholders to develop recovery strategies to optimize value and take a pragmatic and commercial view of all instructions from clients to ensure we achieve the best outcome. 


We accept any type of appointment as insolvency practitioners ensuring the proper company elimination and the maximization of stakeholders’ return. Our insolvency experts offer practical advice and solutions on all aspects affecting the procedure. Whether it is a solvent or insolvent company, we can assist the directors in ensuring all requirements are met and the closedown is completed orderly, aligning all stakeholders’ interests.

Cross-border Insolvency

We have collective experience in dealing with large and complex cases, including cross-border insolvency, extending to multi-jurisdictional insolvencies, foreign recognition, and information gathering tools (through our forensic accounting capability). Our understanding of enforcement allows us to optimize outcomes for stakeholders, working with clients from all layers of the capital structure and dealing with all aspects of insolvency work, from distressed M&A to regulatory and contentious litigation and investigation.


We can serve holders of floating charge bonds through the appointment of an insolvency practitioner as a receiver. Receiverships are commonly used in Cyprus by credit institutions and loan management companies for loan recovery. Receivership is a very powerful tool in securing recovery from business realizations, floating charge assets, and complicated asset structures such as subleased or non-vacant possession assets. 


This corporate recovery scheme was introduced in 2015 and we have been involved in the introduction of this new scheme since its inception. We have valuable experience in this area from defending various examinership petitions in several receivership appointments and have the tools to assist entities and their stakeholders to recover and continue as going concern.

State-of-the-art eDiscovery

We assist clients in all stages of an eDiscovery exercise, from identifying and preserving data to document review and production. We provide a software platform and actively work with clients and external counsel to ensure technical aspects of the discovery process are identified, and further assistance can be deployed where necessary. We regularly draw from the expertise of our in-house forensic accounting, asset recovery, and investigation specialists to address key litigation matters as they arise and assist clients with navigating data to establish best-practice workflows. Our experts advise on searching and filtering, perform ‘Technology Assisted Review’ workflows as required, and, in the latter stages, ensure that relevancy, privilege, and tagging have been completed before producing a final disclosure set.

Our other services include: 

  • Corporate Finance
  • Investigations
  • Valuations

Key contact

Constantinos Ioannou photo

Constantinos Ioannou

Managing Director

Constantinos has vast experience in the management of reputable organizations across a wide spectrum of challenging business environments. He has a track record of delivering positive outcomes across insolvency, company reorganizations and restructurings, agency and principal successful bids and growth records, and many other areas. He is licensed to act as an insolvency practitioner in Cyprus by the Institute of Certified Public Accountants of Cyprus and is also a Chartered Accountant and a member of the ICAEW.

Contact details

32 Stasikratous Street
1st Floor, Office 102
1065 Nicosia

+357 22 668 021

35.165281625455, 33.362426884659

Our team