Antonis Georgiou successfully represented his client in a bankruptcy petition where the respondents attempted to argue that the judgment debt had been achieved through fraudulent means. Antonis Georgiou effectively dismantled these arguments, proving that the judgment debt was legitimate and not obtained fraudulently. The court agreed with his legal reasoning, reinforcing the integrity of the judgment and dismissing the allegations of fraud issuing the bankruptcy order. This victory emphasized Antonis Georgiou's expertise in complex financial and bankruptcy matters, particularly in challenging attempts to undermine a legitimate debt based on unfounded claims.
DECISION ON BANKRUPTCY PETITION – SUCCESSFUL DEFENSE AGAINST FRAUDULENT TRANSFER ALLEGATION
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JUDGMENT DECLARING FRAUDULENT PROPERTY TRANSFER VOID IN BANKRUPTCY PROCEEDINGS
The District Court of Nicosia, exercising its bankruptcy jurisdiction, issued a judgment on 12 January 2026 in Bankruptcy Application No. 14/2019, granting an application by the Bankruptcy Administrator for the annulment and deletion of a deposited sale agreement relating to two apartments in Nicosia. The Court held that the transaction constituted a fraudulent disposition under section 46(1) of the Bankruptcy Law, Cap. 5, finding that it was not carried out in good faith or for genuine consideration and that it prejudiced the rights of creditors.
A STEADFAST COMMITMENT TO JUSTICE
We are proud to see our associates featured in today’s Gold magazine interview on Women in Law, titled “A Steadfast Commitment to Justice.” In the interview, they share thoughtful insights on integrity, resilience, and the evolving role of women in the legal profession — values that lie at the core of our practice.
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