Appointment of an Equitable Receiver in Cyprus

Exploring Offshore Litigation · Dec 10, 2025 · 4m

Harneys successfully secured the appointment of a receiver by way of equitable execution over a Cyprus private company, in order to assist in the execution of a judgment against a villa in Limassol Marina.

Facts

Our client obtained a Singapore judgment for over USD 124 million plus interest against the defendants. After filing a common law action in Cyprus based on that judgment, the District Court of Larnaca issued a summary judgment, effectively recognising and localising the Singapore judgment in Cyprus against the judgment debtors.

Subsequent enforcement measures were pursued in Cyprus to…