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  • Lawyers minimum fees in the bin

    Lawyers minimum fees in the bin

    The Cyprus Bar Association has been forced to repeal rules that required lawyers to charge prescribed minimum fees for their out-of-court work rather than competing against each other on price.

  • Sea caves development a ‘litany of irregularities'

    Sea caves development a ‘litany of irregularities’

    A special audit report into the procedures that resulted in the desecration of the sea caves area of Pegeia in Paphos on the west coast of Cyprus has uncovered a litany of irregularities.

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  • Bank of Cyprus confirms Apollo NPLs sale

    Bank of Cyprus confirms Apollo NPLs sale

    The Bank of Cyprus has announced that it has negotiated the sale of a portfolio of non-performing loans with a contractual balance of €5.7 billion to alternative investment manager Apollo Global Management LLC. ..
  • Swimming pool owners face court action

    Swimming pool owners face court action

    The owners of unlicensed communal swimming pools are facing court action following inspections carried out by the Paphos Municipality who insist that pools must be licenced, inspected daily and a lifeguard appointed...
  • Apollo close to buying Cyprus NPLs

    Apollo close to buying Cyprus NPLs

    Apollo Global Management LLC is the preferred bidder to buy a non-performing loan (NPL) portfolio being sold by Bank of Cyprus Holdings Plc according to people with knowledge of the matter...

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