Established in 1924
Discover our Story
From it’s founding to its present day status as a leading law firm Tornaritis Law Firm has demonstrated a sustained commitment to excellence in the practice of law, public service and a civil society. Our practice and character are deeply rooted in the firm’s history, as exemplified in these historical profiles of our lawyers and services.
Our Founder
Criton Tornaritis
Criton Tornaritis (1902-1997) is one of the most important Cypriot legal scientist. He has served the Cypriot legal system as a lawyer, a Judge and the first (and longest serving) Attorney General of the Republic of Cyprus.
He was born in Limassol, studied law at the University of Athens and worked as a lawyer from 1924 until 1940. In 1940 he was appointed as a Judge for the District Court of Nicosia, and later as a President Judge. In 1952 he was appointed as the first Attorney General and under this capacity he succeeded in many important accomplishments. He gathered and prepared the Acts of Law that were valid in Cyprus during the British colonial era and were retained in force with the establishment of the Republic of Cyprus, forming the backbone of the Cypriot legal system.
Further, he participated as a legal advisor to the ad hoc constitutional committee which completed the Constitution of the Republic, which received legal validity through the London and Zurich Agreements. With the proclamation of the Republic of Cyprus in 1960, Criton Tornaritis continued to serve as the Attorney General of the Republic until 1984. For these reasons, he has been described as the ‘architect of the Cypriot legal system’. This title seems especially fair when taking in mind the significant volume of books, articles and opinions he authored, which formed the basis of the Cypriot legal bibliography.
Without our people there would be no firm; They are the most important asset we have.
Without our people there would be no firm; They are the most important asset we have.
Affiliations, Associations & Awards
As part of the ongoing effort to be among the most commercially aware law firms in Cyprus we are active in a variety of national and international professional associations and business organizations.
Professional Associations
Industry/practice areas’ networks and organizations
Tornaritis Law Firm LLC is a Cyprus Stock Exchange approved Nominated Advisor (NOMAD)
Assignments & Experience
Insolvency and Restructuring
Handling cases day to day and providing advice to the Receivers\Managers. The Litigation Department was handling various matters over 2 ½ years over 500 cases all around Cyprus. Coordinating the whole process, supervising other advisors and persons involved in the process.
One of the biggest insolvency cases in Cyprus with 250 million assets under Receivership.
Providing day to day advice on Corporate, Financial Services and Insolvency matters to the Receivers/Managers of the Company.
Defending the winding up petition against the company on the instructions of both company and the R/M.
Preparing, coordinating and observing the tender process for the sale of the Assets of the Company by sealed bits.
- Listing of companies on the EMC of the Cyprus Stock Exchange
- Application for a Banking licence
- Applications for E-money licence institutions
- Acting as legal advisor for CIF companies
- Acting as Nominated advisor of the Cyprus Stock Exchange
- Acting as legal advisor to funds
- We are working closely with some of the biggest law firms in the World
- Worked with Proskauer Rose LLP in insolvency process involving UK and Cyprus, having to advise on banking and lending matters in excess of 200 million
- Legal advisors to Hellenic Bank, handling various court cases
- Singed an engagement letter with the new Special Administrator of Laiki Legacy and providing legal advice
- Worked along with DLA Piper, Alen & Overy instructed by HSBC, DBS Bank Hong Kong and other major banks in a major transaction in excess of 300 million for an Indian Oil Company