Are shipowners liable for cargo harm wherever they aren't the contractual provider and what defences can they raise towards these types of liability? specifically, can they count on the conditions on the bill of lading Despite the fact that they aren't contractual carriers?

Having well-managed financial information don't just can help you adjust to legal requirements but also gives useful insights to the financial health of your company.

use of the ecu Union market place is an important benefit for companies fashioned in Cyprus. currently being a member of the eu Union permits businesses to appreciate some great benefits of totally free trade and use of a market place of more than five hundred million people. This opens up numerous alternatives for growth and growth.

Does your state recognise the notion of maritime liens and, If that's so, what statements give increase to maritime liens?

an middleman is obliged to transmit information, which the company have to speak in confidence to shareholders (to empower them to physical exercise their shareholder rights), on the shareholders. in which this always includes a chain of intermediaries, the transmission of data need to take place without having hold off;

Dual registration and flagging out are the two doable in Cyprus. The premise for these types of forms of registration could be the bareboat chartering of a ship by the shipowner towards the charterer, and over the issue which the respective rules with the underlying registry and of your bareboat registry, to explicitly allow dual registration, and also to incorporate preventive covenants that matters relating to ownership, and also to mortgages over the ship, shall be exclusively ruled via the legislation on the ships’ fundamental register.

These loans commonly feature aggressive interest premiums and versatile repayment terms, producing them an attractive choice for businesses trying to finance their development.

The Companies regulation features disclosure necessities aimed at informing individuals who do business with an organization; one example is, about upkeep of community registers of users, administrators and secretaries, debenture-holders and fees, publication of statutory financial statements as well as the submitting of once-a-year returns. These are open to general public inspection for your nominal charge.

the lien of the learn for disbursements designed on account of the vessel, offered that they had been built on behalf of your operator in the vessel here rather than a demise-charterer or even a time-charterer, during which case there is only a contractual assert with the master to the disbursements.

all through this thanks diligence I observed how bad it receives when you have to handle a dodgy "old-type" lawyer symbolizing another facet. This practical experience highlighted to me the importance of exceptional legal illustration in Cyprus - the state sadly continue to suffers from a legacy of shady bargains, intransparency and unresolved personal debt troubles. I'll Fortunately access out all over again to Nicolas when I would like legal support in Cyprus.

EU Citizens are no cost to enter, depart, journey and are in Cyprus and can also have interaction in almost any financial activity, both as compensated employees or self-employed ...

To meet these desires, Frederick University with the international team of tutorial experts from primary universities provides a postgraduate Program that is unique in Cyprus, and one among hardly any provided globally.

A claimant may apply for an injunction freezing any movable property belonging into the defendant. There's also other kinds of injunction orders accessible, which include Norwich Pharmacal and Chabra.

SafeMetrix assessments were being created in reaction to maritime incidents, highlighting the sector’s preceding deal with specialized abilities although frequently neglecting non-complex facets like gentle skills and cognitive capabilities.