Our law office has been chosen, together with Deloitte and two other strategic partners, to offer pro bono first level consultancy services in relation to the a programme called IDEA (Innovate- Develop-Excel-Accomplish) which has been founded by the Bank of Cyprus and the International School of Management. This is the first integrated accelerator incubator programme in Cyprus, aiming to facilitate the creation of innovative sustainable start-ups with a global outlook, whilst contributing to the further development of the Cypriot entrepreneurship ecosystem. Our office will provide start ups with legal and intellectual property services. For more information about the IDEA programme, please see: www.ideacy.net .

CELEBRATING 50 YEARS OF PRACTICE AT THE OFFICE

Joanna Loizidou, head of the litigation department, celebrated this year 50 years of practice with our law office. Joanna, a UK-qualified barrister (Gray’s Inn) joined our law office as a trainee lawyer on 11 August 1965 and she is still practising law having the same energy she did in 1965. A surprise party was organised for Joanna and a 50 year old whisky was given as a present to mark the event.

SIGNIFICANT COURT VICTORY

In July 2015, the office enjoyed a recovery against the Cyprus government, where damages were awarded in excess of two million euros, plus interest, as compensation for a reduction imposed in 2005 by the Ministry of Health on the price of wholesale pharmaceutical companies’ products, which affected the medicines already in stock.