Ms Katerina Petrides

Katerina Petrides

Updates

Litigation

New law on limitation of actions
Cyprus | 17 July 2012

When Cyprus gained independence in 1960 it retained the colonial-era Limitation of Actions Law, which prescribed the time limits within which claims must be brought before a court. A new law was recently passed with respect to the limitation periods of actionable rights. Among other things, the law contains provisions on limitation periods for secured loans, civil wrongs, contracts and succession, and lists various exceptions.