George Mountis

George has years of experience and practice in a wide range of high-profile contentious corporate and commercial disputes. He has a central role in handling multi-jurisdictional cases for the issuance of freezing injunctions, Norwich Pharmacal and Anton Piller orders, complex and high-value shareholder disputes, commercial and corporate fraud as well as banking litigation. George is also involved in various trust litigation cases.

George represents two of the shareholders in the biggest family shareholder dispute in Cyprus in the context of which various multi-faceted and novel legal issues on trusts, foundations, wills and succession, minority oppression, breach of fiduciary duties, fraud, arbitration and winding-up petitions on just and equitable grounds are being raised. George’s involvement in this dispute is of central importance as George is the lead counsel coordinating various legal firms in various jurisdictions dealing with parallel (albeit separate) proceedings with third parties.

George has successfully represented clients in issuing interim freezing orders or cancelling interim orders which have been issued against the clients, in issuing Anton Piller and Norwich Pharmacal Orders and in the issuance of orders for the appointment of a Receiver (including litigation receiver).

Among the many clients he has represented, George has also represented clients who, having obtained a judgment in a USD 31 million in Russia, initiated proceedings in Cyprus for the recognition and enforcement of the said judgment. George not only handled the main enforcement proceedings, but also secured a charging order on the shares of the defendant in other entities and successfully fought through applications to set aside the said charging order and other oppositions. Finally, George assisted the client with an application for the sale of the said shares via the appointment of a Receiver, at which point the parties reached an amicable settlement.

George is also frequently involved in litigation regarding issues of enforcement of securities. He has represented one of Russia’s biggest banks in relation to a multi-million-dollar action for the enforcement of a pledge of shares in a Cyprus company. He regularly gives advice in relation to these matters as an expert in foreign proceedings.

George has also been involved in many cases involving applications for the appointment of an examiner either on behalf of Creditors or on behalf of the Company. He has great experience in insolvency litigation and has acted both against or on behalf of Receivers and managers.