SCORDIS, PAPAPETROU & CO LLC, is a Lawyers’ Limited Liability Company regulated by the Cyprus Law Council and the Cyprus Bar Association, providing services to clients both in Cyprus and worldwide. It was established in 1973 as a result of the merger of the practice of its founding members, Andis Scordis and Michalis Papapetrou. In 2011 the Firm merged with Adamos K. Adamides & Co., a law firm in Limassol. The partners and lawyers of Adamos K. Adamides & Co have become members of Scordis, Papapetrou & Co LLC which continues operating out of its existing offices in Nicosia and now in Limassol, as well as having a presence in Athens and Moscow.
Scordis, Papapetrou & Co LLC, incorporating Adamos K. Adamides & Co, now comprises 26 lawyers (of which 21 are advocates), 10 qualified professionals of related disciplines and around 50 paralegal, administrative and other personnel.
The Firm provides a comprehensive range of services through lawyers and qualified professionals from other disciplines, with expertise in:
Company and commercial law matters: The Firm has acted or advised on a multitude of multi-million financial transactions, most with a cross-border element and the provision of specialised advice on a variety of corporate and commercial matters forms part of its day-to-day practice. Such matters include tax planning, corporate mergers and acquisitions, venture capital and real estate investments, joint ventures, escrow arrangements, reorganisations and other complex commercial projects.
Domestic and international litigation: Apart from its long standing strong general domestic litigation practice which includes acting on behalf of banks and other financial institutions, municipalities, public bodies ,companies and individuals, the Firm has established a ‘beyond the borders’ reputation having acted, instructed or advised in relation to international multi-million claims resulting in litigation in Cyprus, the US, UK, BVI, Switzerland, Russia, Greece or arbitration in Cyprus, London (LCIA), Zurich (ZCC), Stockholm (SCC) and Moscow (ICAC). The international practice includes numerous highly publicised and hotly contested litigation and arbitration cases.
Company formations and the provision of corporate services: The Firm is a leader in the field of company formations and in the establishment and organization of structures for international investments. A wide range of services, including corporate, tax & VAT advisory, accounting, secretarial, banking support, escrow and trusteeship services, is provided by Scordis, Papapetrou &Co (Corporate Services) Ltd and other group entities through in- house tax consultants, accountants and other qualified professionals who deal with the day- to -day needs of the Firm’s clients.
The wide range of services provided by the Firm is in line with the role of Cyprus as an international business centre, having the advantage of being an EU member state with close proximity to the Middle East and close ties to Eastern Europe and Asia.
The Firm’s activities in Russia, which date from 1991, now take the form of a local subsidiary JSC “Scordis, Papapetrou & Co” and a Representative Office operating out of offices on the Moscow embankment at the address appearing above. The Athens presence (since 1999) is also from centrally located offices at the address appearing above. All of the Firm’s offices are wholly owned by entities affiliated to the Firm.
Quality of Service
This is accomplished by a precise and clearly defined structure of responsibilities within the Firm leading up to the partners. At the same time the Firm is very careful in choosing its members at every level. Members are also encouraged and expected to participate in seminars and training sessions in their field both in Cyprus and abroad.
One important element of the high standards enjoyed by our Firm is the loyalty shown by the Firm to all its members, which in turn is reciprocated by the members themselves. This element, to which the partners of the Firm attach the greatest importance, is the result of close inter-personal relationships within the Firm and an understanding attitude towards the members' individual requirements.
Finally the Firm prides itself in being amongst the first law firms in Cyprus to appreciate the importance of office computerisation and automation, always being at the forefront of technological advances and modern methods of work continuously improving efficiency and service to its Clients.
The establishment of a close working relationship between client and lawyers of the Firm is our overwhelming priority. We think that the best way to achieve this is through the personalisation of our services. This is done by, viewing the parameters and circumstances of each case separately and giving advice tailored to the individual case in hand. At the same time our advice is given intelligibly and in a language readily comprehensible by our client who may not be versed in the intricacies of legal terminology of the legal profession. We believe that our advice, especially in a fast changing business environment, should be given swiftly, and in full awareness of the business context. Finally, we pride ourselves in having established a reputation for providing high quality services at a competitive cost.
Clients of our Firm
Individuals in all fields of General Practice and Litigation, International Companies of every kind, major international Law Firms, national Law Firms, Accountancy/Audit firms, Banks, Trust Funds, Venture Capital Companies, Real Estate Companies and Developers, Shipping Companies, Ship-owners, Traders, Manufacturers, Factories, Producers, Contractors & Developers, Estate Companies and Agents, Transport Companies, Individual entrepreneurs, Professionals (Local and Foreign Lawyers and Accountants), Investors, Municipalities, Governmental and Quasi-Governmental Agencies and Authorities, Embassies, Co-Op Firms, Trade Unions, Insurers, Hoteliers, Travel & Tourist Operators, Societies, Athletic Clubs; virtually persons and companies from all sectors, local and foreign, are represented in our list of clients.