The Path to Success

Soteris Pittas & Co LLC is a boutique law firm, focusing on the areas of law related to business activity and dedicated to providing its clients with outstanding, highly personalised, legal representation.

Soteris Pittas & Co LLC are a ‘petite’ law firm, however, have expertise which can serve almost any client. The lawyers and
associates of the firm with their combined skills-set and knowledge can provide comprehensive legal solutions according to the clients’ particular business needs, requirements and objectives.

Additionally, Soteris Pittas & Co LLC are committed to representing our clients at all stages of disputes, including negotiation, mediation, arbitration, and litigation, in order to secure just compensation and legal vindication. Furthermore, our corporate and M&A departments provide full-fledged support ranging from formation of companies world-wide to legal support in complex corporate, commercial and finance transactions.

As well as these attributes, Soteris Pittas & Co LLC has close links and strong associations with reputable audit firms, private equity managers, and fiduciaries in Cyprus, Russia and the former CIS countries. We thank our clients for selecting our firm to represent them, and we will continue to work hard to provide them with top quality legal representation with the personal touch characteristic of a boutique law firm.

Soteris Pittas & Co LLC’s continued success has allowed us to work on some really exciting projects. In corporate commercial litigation, we acted in cooperation with the English firm Fieldfisher on behalf of RCB Bank in the enforcement of an LCIA award in Cyprus against a foreign resident debtor and obtaining Chabra type freezing injunctions, receivership and discovery orders (Claim: $10 million).

The firm also acted on behalf of a Russian Bank for defending a claim filed against it and other defendants by a Cypriot Fund for damages, for losses allegedly caused due to breach of statutory or contractual duties or conspiracy etc. (Claim: $50 million).
Furthermore, Soteris Pittas & Co LLC also acted on behalf of a shareholder of a ‘quasi partnership’ company in opposing a winding up petition filed by the other partner/shareholder alleging deadlock and loss of confidence (Subject: €5 million).

Soteris Pittas & Co LLC have been similarly busy in our M&A practice. Most notably, we advised together with PWC Cyprus a Cypriot Company, holding the majority stake in the largest private gas company in Russia, on the defence of a tax claim raised by the German State and successfully assisting in establishing that its central management and control (‘CMC’) was exercised from Cyprus and not Germany (tax claim of €1.2 billion).

Another example of Soteris Pittas & Co LLC’s work was advising a Russian businessman, who owns through Cypriot holding companies’ various Russian assets. We assisted him in establishing a family office in Cyprus in order to minimise and exclude tax liabilities imposed under Russian law.

Finally, Soteris Pittas & Co LLC believe that our continued work is a sure sign that we are on the path to even further success. As such, we are optimistic about moving into the final third of 2016 and beyond. However, as the demand for our services continues to grow, we are also mindful that we continue to deliver a highly personalised and dedicated service for each and every one of our clients.

Soteris Pittas & Co LLC
Name: Elizaveta Bokova
Address: 10 Chrysanthou
Mylona, Magnum House,
Cy – 3030, Limassol Cyprus.
Telephone: 0035 7250 28460

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