Alexis Erotocritou

Alexis Erotocritou


A.G. Erotocritou LLC

Recognized since 2021

Limassol, Cyprus

Practice Areas

Banking and Finance Law

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Alexis' practice primarily focuses on corporate and M&A, banking, finance, private client and real estate matters. Working consistently with various leading international law firms, he provides regulatory and transactional advice to public and private companies, banking institutions, international law firms, investment advisers, ultra-high-net-worth individuals, entrepreneurial and institutional investors in various sectors.

He has extensive experience acting on behalf of borrowers and financial institutions across a broad spectrum of high value corporate, banking and finance transactions, as well as rendering advice on the mechanics of various security structures and has advised a plethora of HNWI in relation to their investments in and out of Cyprus, some of which constitute the largest real estate transactions which have ever taken place in Cyprus. Alexis has notably advised a major international telecommunication corporation, in relation to the sale of its 99.05% stake (hundreds of millions) in another entity. In addition, he has acted for the lenders (he actually lead the transaction) on the refinancing of a $600 million secured facility to one of the largest agricultural companies of Eastern Europe and has advised a leading Ukrainian company on a US$180 million tender offer and US$400 million new note issue. Alexis has authored various publications, mainly in the areas of banking, finance, real estate, immigration and tax law. Among others, he is the co-author of the Cyprus Annual Report on Shareholding Disclosure and Short Selling, and the author of the Pre-Insolvency Enforceability of Derivative Transactions under Cyprus Laws. Alexis has also lectured at the European University of Cyprus.

Alexis is regularly featured in leading legal directories (ranked by all directories (Chambers, Legal500, IFLR, etc) at Band 1 for several years) which, in recognition of his achievements, have independently elicited selected clients’ comments which have referred to him as “an extremely knowledgeable strategic thinker”, (IFLR 1000), “a very strong work ethic and entrepreneurial attitude” (Chambers and Partners), “dynamic and methodical” (Who’s Who Legal). Chambers and Partners (High Wealth) recognised Alexis as a “Band 1” lawyer in Cyprus, who, according to the directory, wins high praise for his combination of technical skill and an approachable manner. Chambers High Wealth recognised that Alexis maintains a strong reputation for international work and especially with regards to HNWI. Alexis has been also listed in the latest rankings of the Chambers and Partners (leading lawyer) but also the Legal 500 as a (band 1) leading individual in banking and finance, real estate and corporate. Moreover, he has been described as “extremely efficient” in relation to his work. Lastly, WhosWhoLegal (Lexology Index) declared Alexis as a recognised figure in the European banking and real estate spheres, highlighted for his first-class corporate finance practice.

Contact & Links
Location
  • 1 Arch. Kyprianou & Ayiou Andreou Corner
    Loucaides Building, 6th Floor
    Limassol 3036
    Cyprus
Languages
  • English
  • Greek

Recognized in The Best Lawyers in Cyprus 2021-22 for work in:
  • Banking and Finance Law
Awards:
  • Ranked by Chambers and Partners (HNW / Private Client) for several years (inclusive 2025) at Band 1

    Ranked by Chambers and Partners (inclusive 2025) as leading lawyer in Cyprus in Business Law

    Ranked by Legal500 for several years (inclusive 2025) at Tier 1 in several areas including banking, finance, real estate and corporate and M&A

    Ranked by IFLR for several years (inclusive 2025) at the Top Band in the corporate and finance sector

Additional Areas of Practice:
  • Tax Law
  • Corporate Law
  • Immigration Law
  • Private Equity Law
  • Real Estate Law

Transactions
Real Estate Work
  • We have represented a plethora of high net worth individuals in relation to their investments in the real estate sector (some of them constitute the most important/high profile investments that ever took place in Cyprus), including, amongst others, in the hotel and tourism sectors. By way of example, we are representing an UHNWI in relation to the acquisition of a large seaside plot of land and the prospective construction of a 5star hotel.
  • We were entirely responsible for the licensing process and the lease of various plots to a local entity and the subsequent sublease of the same to one of the world’s largest oilfield services companies with its shares listed in the NYSE in Larnaca as well as the development and construction of various offices, warehouses and workshops to be used by the latter for energy related purposes. The deal was one of the first ever developments / large scaled projects in the energy sector in Cyprus.
  • We have been instructed by a leading international firm, to undertake an extensive due diligence on various Cyprus entities with substantial assets, part of a large group which has its shares listed in the London Stock Exchange.
  • We have performed a high level and extensive due diligence exercise on a multinational group (with significant real estate assets) specializing in land and transition–zone seismic sector, which (one of its holding companies) had its shares listed at the time in the stock exchange of an EU Member State.
  • We have advised and assisted one of our clients in relation to their participation in the construction of a seaside residential tower, which constitutes one of the largest developments ever made in Cyprus.
Private Client Work
  • We have represented a plethora of high net worth individuals in relation to their investments (some of them constitute the most important/high profile investments that ever took place in the island) in Cyprus and subsequently, have processed and facilitated citizenship applications on their behalf, pursuant to the Cyprus Investement Programme.
  • We are representing an UHNWI Asia in relation to his investment in a luxury hotel in Cyprus.
  • We are representing an UHNWI in relation to the acquisition of a large seaside plot of land and the prospective construction of a 5star hotel.
  • We have been requested to provide extensive advice on highly complicated corporate and tax related issues surrounding art work of multimillion worth value.
  • We have advised an UHNWI on a highly complicated trust issue which included, novel issues surrounding the establishment of the trust per se and the ownership of various assets.
Corporate and M&A
  • We were entirely responsible for the licensing process and the lease of various plots to a local entity and the subsequent sublease of the same to one of the world’s largest oilfield services companies with its shares listed in the NYSE in Larnaca as well as the development and construction of various offices, warehouses and workshops to be used by the latter for energy related purposes. The deal was one of the first ever developments / large scaled projects in the energy sector in Cyprus.
  • We advised and represented a listed company in the Greek Stock Exchange, IKTINOS HELLAS S.A in relation to the acquisition of a multimillion asset from a UK company listed in the AIM.
  • Being the exclusive legal advisors to the Cyprus Shipping Association, we recently advised our client on novel commercial, corporate and financial issues as a result of the recent privatization of the Limassol Port.
  • We represented a multinational company and the market leader in the field of consumer product manufacturing and in various home care products, in the acquisition of a competitor company based in Cyprus.
  • We were instructed by a leading international firm to undertake an extensive due diligence on various Cyprus entities with substantial assets, part of a large group which has its shares in a regulated market in the EU, as part of the sale of the shares of the target to an investor.
  • We advised Nikon Holdings Europe B.V, General Electric, Roche and JP Morgan on various corporate and commercial matters in relation to Cyprus law.
  • We acted for Rezidor Hotels Aps Danmark in relation to the establishment of a 5star hotel in Cyprus.
Banking and Finance Work
  • acting for the lenders’ on the refinancing of a $600 million secured facility to one of the largest agricultural companies of Eastern Europe;
  • acting on a regular basis for large scaled financing and refinancing transactions for and on behalf of some of the leading global bank institutions such Unicredit, UBS, Alfa Bank, VTB, etc.;
  • representing the largest Bank in Middle East on a large scaled finance transaction secured by a pledge of shares of a Cyprus holding company;
  • being instructed by a leading international firm in order to act as escrow agents in respect of the sale of the shares of a Cyprus entity, part of a multination group with substantial assets in Russia. Our firm had drafted the relevant documentation in respect of the escrow agreement, the share sale agreement as well as the finance and security documents.
  • representing and advising one of the largest Russian Banks on a complex finance transaction exceeding 180m Euro whereby the Bank has granted a facility to a Cyprus holding company (part of a large multinational group) in exchange of a security structure involving, inter alia, pledge of the shares of a company within the group.
Restructuring
A recent example of work handled in this sector is the preparation and promotion of the highly contested USD 700.000.000 debt restructuring of a multinational group. By forming a joint team between the firm’s corporate, banking and litigation departments, our foreign colleagues and by hiring a big-4 accounting firm as financial experts, the firm promoted the complex debt restructuring scheme of arrangement between the company and its creditors. Although the scheme was approved by the creditors and pending the hearing for the sanctioning of the scheme of arrangement by the Court, the central bank of Russia stepped in and nationalised the underlying banking group, which has resulted in the termination of the restructuring. The restructuring is probably the largest (from all aspects) which has ever taken place in Cyprus.

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