Areas of Practice
- Banking & Finance
- Corporate, Commercial and M&A
- Private Client
- Regulatory & Compliance
- Restructuring & Insolvency
- Ship & Aircraft Finance
Nikoleta Christofidi
Senior Associate
About
Qualifications
Memberships
Recommendations
Sample Work
About
Nikoleta Christofidi is a Senior Associate with the firm, having joined the consultancy department since 2018. She advises on a wide range of legal matters, with a particular focus on, inter alia, Corporate, Commercial and M&A, Banking & Finance, Private Client and Regulatory & Compliance.
She holds an LLB and an LLM in International Commercial Law from the University of Leicester. Her academic background, combined with years of practical experience, allows her to deliver clear, tailored, and commercially sound advice to both domestic and international clients.
Nikoleta is known for her focused approach, attention to detail, and responsiveness. She works closely with clients to understand their needs and provide, along with the team, effective, timely solutions in complex legal landscapes.
Nikoleta has authored and co-authored many articles and Cyprus chapters in legal indexes, such as in Thomson Reuters and Lexology Panoramic.
Qualifications
- LLB Law (University of Leicester), 2015
- LLM International Commercial Law (University of Leicester), 2016
- Admitted to the Cyprus Bar, 2017
Memberships
- Cyprus Bar Association
Recommendations
- “The Legal 500, 2024: Key Lawyer in Banking and Finance”
Sample
Work
- Advised the purchaser in a EUR 3,5 million transaction for the acquisition of 100% of the share capital of one of the oldest and most well-established companies in Cyprus in the adhesive, wood finishes, and paint industry. This strategic transaction involved a landmark investment in a company with a strong market presence, a long-standing reputation for quality, and a well-established industrial footprint. Apart from conducting the legal due diligence, handling the lengthy negotiation process and drafting of all key transaction documents, ensuring that the deal structure was optimized and legally robust, we have been involved in a comprehensive review of the environmental permits and regulatory licenses of the factory, ensuring full compliance and a seamless transfer of ownership without any outstanding liabilities or operational risks.
- Advised a major international financial institution, in relation to the enforcement of a security provided for an amount of more than USD 1 billion, over the shares of a Cyprus company, which was a holding company to a major international group, supplier of cement products. We were actively involved in setting up the corporate structure, managing the assets, coordinating the various subsidiaries of the group in numerous jurisdictions, preparing the necessary documentation, and providing corporate advice and assistance from a Cyprus law perspective.
- Advised the lenders in a EUR 105 million financing transaction granted to a Belgian-based software development business, including the drafting from a Cyprus law perspective of all necessary financing and security documents, including a deed of shares pledge and a debenture over shares in a Cyprus company. We have also handled the release of the security and actions required to proceed with the refinancing, including the drafting of corporate approvals of the Cyprus entity, oversight of the proper completion of the relevant forms filed with the Cyprus Registrar of Companies, and examination of the entries and updates in the corporate registers.
- Advised along with legal counsel from the U.K. and the U.S.A., in a EUR 1 million transaction, one of the top digital currency exchange and trading platforms in the world in its acquisition of a Cyprus investment firm. Our involvement included the carrying out of the legal, tax and corporate due diligence, the negotiation, review and advice on the share sale and purchase agreement and other definitive agreements and documents, advice on all Cyprus law aspects and requirements, including corporate, tax, IP, regulatory, and employment issues, until completion.
- Advised a Cyprus professional trustee of a Cyprus International Trust in relation to the banking relations of the trust with a Swiss Bank, by actively assisting the trustee, along with Swiss counsel, to regain access to the bank account of the Trust, which was blocked by the bank. Throughout our involvement, we identified that a court order was issued by the UK High Court against a number of parties, including the settlor and a number of previous trustees of the trust. Following the occurrence of this event, we liaised with all related parties, including the previous trustee and the bank, to identify that the court order was enforced in Switzerland.
- Acted as the legal advisor to an Insolvency Practitioner acting as the new liquidator to a complex case involving the liquidation and winding up process of a Cyprus entity. Our involvement included the provision of legal advice and support to the liquidator, liaising with the banking institutions to track the assets of the company, preparing and submitting the necessary applications with the Ministry of Finance, for the purposes of obtaining the relevant rulings for the appointment of the liquidator and the performance of payments to the creditors since the case involved sanctioned entities.
- Advised a Cyprus company on the sale of its two wholly-owned subsidiary Austrian companies, which jointly owned another Austrian subsidiary, which itself owned a renowned hotel in Austria. Being involved in the negotiations of the share purchase agreement, the escrow agreement and other relevant documentation, preparing the corporate resolutions, powers of attorney, issuing legal opinions and confirmations to certain Austrian authorities in respect of the authority of certain attorneys under a special proxy voting power of attorney and also giving a legal opinion on the capacity and authority of the company to enter into the transaction documents, and generally advising the seller on all legal aspects of the acquisition from a Cyprus perspective.
- Handled many applications for redomiciliation of companies to and from Cyprus, including advice from the very early stages about amending the articles of association to add the necessary provisions, if required, drafting the necessary documentations and corporate approvals, liaison with competent authorities and auditors to obtain necessary confirmations, approvals, certificates and other documents, coordination with the foreign counsel, until filing of required documents with the Cyprus Registrar of Companies for either the incorporation of a company as a continuing company in Cyprus or the issuance of the final strike off certificate.
Nikoleta Christofidi
Nikoleta Christofidi
Senior Associate
nchristofidi@pavlaw.com
+357 25 871599
Area(s) of Practice
- Banking & Finance
- Corporate, Commercial and M&A
- Private Client
- Regulatory & Compliance
- Restructuring & Insolvency
- Ship & Aircraft Finance
Qualifications
Memberships
Recommendations
Sample Work
Qualifications
- LLB Law (University of Leicester), 2015
- LLM International Commercial Law (University of Leicester), 2016
- Admitted to the Cyprus Bar, 2017
Memberships
- Cyprus Bar Association
Recommendations
- “The Legal 500, 2024: Key Lawyer in Banking and Finance”
Sample Work
- Advised the purchaser in a EUR 3,5 million transaction for the acquisition of 100% of the share capital of one of the oldest and most well-established companies in Cyprus in the adhesive, wood finishes, and paint industry. This strategic transaction involved a landmark investment in a company with a strong market presence, a long-standing reputation for quality, and a well-established industrial footprint. Apart from conducting the legal due diligence, handling the lengthy negotiation process and drafting of all key transaction documents, ensuring that the deal structure was optimized and legally robust, we have been involved in a comprehensive review of the environmental permits and regulatory licenses of the factory, ensuring full compliance and a seamless transfer of ownership without any outstanding liabilities or operational risks.
- Advised a major international financial institution, in relation to the enforcement of a security provided for an amount of more than USD 1 billion, over the shares of a Cyprus company, which was a holding company to a major international group, supplier of cement products. We were actively involved in setting up the corporate structure, managing the assets, coordinating the various subsidiaries of the group in numerous jurisdictions, preparing the necessary documentation, and providing corporate advice and assistance from a Cyprus law perspective.
- Advised the lenders in a EUR 105 million financing transaction granted to a Belgian-based software development business, including the drafting from a Cyprus law perspective of all necessary financing and security documents, including a deed of shares pledge and a debenture over shares in a Cyprus company. We have also handled the release of the security and actions required to proceed with the refinancing, including the drafting of corporate approvals of the Cyprus entity, oversight of the proper completion of the relevant forms filed with the Cyprus Registrar of Companies, and examination of the entries and updates in the corporate registers.
- Advised along with legal counsel from the U.K. and the U.S.A., in a EUR 1 million transaction, one of the top digital currency exchange and trading platforms in the world in its acquisition of a Cyprus investment firm. Our involvement included the carrying out of the legal, tax and corporate due diligence, the negotiation, review and advice on the share sale and purchase agreement and other definitive agreements and documents, advice on all Cyprus law aspects and requirements, including corporate, tax, IP, regulatory, and employment issues, until completion.
- Advised a Cyprus professional trustee of a Cyprus International Trust in relation to the banking relations of the trust with a Swiss Bank, by actively assisting the trustee, along with Swiss counsel, to regain access to the bank account of the Trust, which was blocked by the bank. Throughout our involvement, we identified that a court order was issued by the UK High Court against a number of parties, including the settlor and a number of previous trustees of the trust. Following the occurrence of this event, we liaised with all related parties, including the previous trustee and the bank, to identify that the court order was enforced in Switzerland.
- Acted as the legal advisor to an Insolvency Practitioner acting as the new liquidator to a complex case involving the liquidation and winding up process of a Cyprus entity. Our involvement included the provision of legal advice and support to the liquidator, liaising with the banking institutions to track the assets of the company, preparing and submitting the necessary applications with the Ministry of Finance, for the purposes of obtaining the relevant rulings for the appointment of the liquidator and the performance of payments to the creditors since the case involved sanctioned entities.
- Advised a Cyprus company on the sale of its two wholly-owned subsidiary Austrian companies, which jointly owned another Austrian subsidiary, which itself owned a renowned hotel in Austria. Being involved in the negotiations of the share purchase agreement, the escrow agreement and other relevant documentation, preparing the corporate resolutions, powers of attorney, issuing legal opinions and confirmations to certain Austrian authorities in respect of the authority of certain attorneys under a special proxy voting power of attorney and also giving a legal opinion on the capacity and authority of the company to enter into the transaction documents, and generally advising the seller on all legal aspects of the acquisition from a Cyprus perspective.
- Handled many applications for redomiciliation of companies to and from Cyprus, including advice from the very early stages about amending the articles of association to add the necessary provisions, if required, drafting the necessary documentations and corporate approvals, liaison with competent authorities and auditors to obtain necessary confirmations, approvals, certificates and other documents, coordination with the foreign counsel, until filing of required documents with the Cyprus Registrar of Companies for either the incorporation of a company as a continuing company in Cyprus or the issuance of the final strike off certificate.