D. HADJINESTOROS & CO LLC HAS ADVISED THE CONSUMER PROTECTION SERVICE OF CYPRUS
We have been commissioned by the Consumer Protection Service to suggest the codification of Cyprus Consumer Law
D. Hadjinestoros & Co LLC has advised the Consumer Protection Service of Cyprus in relation to Cyprus Consumer Law. The work included an analysis of over 20 Laws as well as Secondary Legislation dealing with Consumer Protection in the areas of banking, sale of goods and services, advertising, unfair terms in consumer contracts, unfair commercial practices as well as consumer rights and holidays. The abovementioned legislation was also compared with the corresponding consumer protection legislation in the EU, UK, Ireland and Finland.
Our work included an extensive analysis of the problems arising from the current state of the law including whether EU Directives have been implemented correctly, whether provisions in the said Laws are compatible with constitutional and human rights as well as whether certain provisions need to be modernised. A detailed analysis of each law was carried out along with comprehensive and reasoned suggestions on whether changes are required or useful to each of the Laws analysed.
The final stage was the suggestion of a consolidated Law concerning consumer protection which included new provisions enhancing the investigatory and coercive powers of the Consumer Protection Service of Cyprus in discovering breaches against the consumers’ interests.
The whole work was delivered in early 2018, it consists of over 1600 pages of original material/content and it shows the commitment of the Consumer Protection Service of Cyprus to detect and combat consumer rights’ infringements and modernise consumer protection legislation in Cyprus.
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ABOUT THE FIRM
Established in 1983
We pride ourselves in the way the firm takes care of and serves its customers with an experienced and highly skilled team who aim to provide a friendly and highly professional service adapted to the clients’ individual needs.
At Hadjinestoros LLC we are committed to providing our clients with the highest quality legal, litigation and advisory services. As a results oriented law firm, we use our knowledge, professionalism and expertise to get the best results for our clients.
Our goal is to act as fast and efficiently as possible in the interests of our clients in order to get the most advantageous outcome. We work with passion and commitment, understanding the needs of the client in order to deliver a highly personalised and exceptional service.
At Hadjinestoros LLC we have accumulated substantial experience and we advise and litigate with regard to all aspects of corporate law.
We have acted for clients in relation to mergers and acquisitions, takeovers, acquisition of companies in Cyprus and abroad, capital raising, corporate reconstructions, schemes of arrangement, reduction of capital, formation and registration of companies, due diligence checks, shareholders’ disputes, full spectrum of corporate services, contracts and commercial agreements.
We provide Nominee, Trustee & Secretarial Services, as well as registered office services. We act as introducers to banking institutions for the opening of corporate bank accounts in Cyprus and also act as signatories to execute incoming or outgoing transfers to accommodate the company’s day to day business transactions.
We have a network of associated accounting and auditing services providers to help our clients’ companies comply fully with accounting and tax requirements and also provide services related to immovable property investments and all necessary document drafting.