Ioanna Stavroulia

Ioanna Stavroulia

Partner - Litigation

  • Phone: +357 25 871599

Area(s) of Practice

  • Law Degree (Athens University, Greece), 1993
  • Admitted to the Cyprus Bar, 1994
  • Cyprus Bar Association
  • Handling on behalf of one of the largest private hospitals in Cyprus a very complicated professional malpractice suit involving questions of clinical practice, methodology and procedure. The Plaintiff requested from our clients an award of damages of over EUR 1 million and our clients’ claim is that the Plaintiff’s damage was caused solely as a result of the Third Party’s negligence (the doctor who treated the Plaintiff at first). The hearing of the case was complex and long-lasting with 13 witnesses in total testifying before the Court, the 7 of which were doctors. The hearing of the case took place in the form of written as well as oral submissions. A judgment was issued in December 2016 in favour of the Plaintiff and against the Polyclinic and the Third-Party for the total amount of €500K, an amount that is much less than the one claimed by the Plaintiff. 
  • Representing the liquidators of the Cyprus branch of one of the largest banks in Yugoslavia, which is under liquidation in various countries, in relation to the liquidation procedure in Cyprus. This unprecedented liquidation procedure is considered a landmark case in Cyprus mainly because of the international nature of the liquidation process, its complexity and the large amounts of assets to be recovered and redistributed to creditors. We have successfully represented the liquidators in relation to litigation proceedings existing before the Cyprus Courts initiated by one of the largest creditors (exceeding USD 65 million) of the Bank globally. Furthermore, we are promoting claims against various debtors of the branch on behalf of the liquidators and any interim applications as may be necessary at times.
  • Advised an individual, chartered accountant and partner in one of the “Big Four” accounting firms, in relation to various cases involving his appointment by a major Cyprus bank as receiver and manager of different Cyprus companies. We successfully obtained interim orders on an ex-parte basis, which later became absolute, and we also successfully obtained final orders whereby, among others, it was recognised with a Court order that the appointment of our client as a receiver and manager of the companies is legal.
  • Advised a renowned local hotel group in their dispute with a major European Tour Operator over tourist allocation agreements. Following termination of the Agreement, the Tour Operators have sought interim relief in Cyprus Courts. Our firm has been advising the hoteliers to successfully defend their case against the Tour Operator and to seek compensation for non-performance. Provided advice from the outset of the negotiations to alter the agreement to the Court claims brought against our Clients and subsequent mediation efforts in order to seek an amicable solution.