Dear colleagues,
We are happy to once again share with you our experience in litigation projects in Russia and abroad.
We were contacted by our client who asked us to help him with return of funds stolen by fraudsters who used a company registered in the Republic of Cyprus and managed through nominees for this purpose. Collection and receipt of information on ultimate beneficiaries of this company were one of the elements of a fraud claim, which was planned to be filed against unreliable partners of our client in another jurisdiction (not in the Republic of Cyprus).
Such situations are quite common and therefore in this publication we present you an overview of potential options for obtaining information about the beneficiaries of such companies in the Republic of Cyprus.
We hope that our recommendations will be useful to you.
Kind regards,
TA Legal Consulting
