No violation of the right to property. Decision by the Court of Justice on Cyprus haircut case.

The Court of Justice delivered on the 20th of September 2016 its judgment in the case filed by a number of Cypriot depositors who sufferred a haircut in March 2013 due to the known events with banks in Cyprus. The case was brought against the European Commission and the European Central Bank (ECB). The substance of the […]

The European trademark changes name!

On 23 March 2016, the Office for Harmonization in the Internal Market (OHIM) will change its name to the European Union Intellectual Property Office (EUIPO), as set out in the Amending Regulation (Regulation (EU) 2015/2424 of the European Parliament and the Council). At the same time, the Community trade mark (CTM) will become the European […]

Tax Alert. Automatic exchange of information on tax rulings of EU Member states.

The Commission has welcomed a unanimous agreement by Member States on the automatic exchange of information on cross-border tax rulings, just seven months after the presentation of the Commission’s ambitious proposal on the subject. The new rules should lead to greater cooperation between Member States on tax matters and act as a deterrent from using tax […]

Facebook data and privacy. Important Judgment of the Court of Justice.

Judgment in Case C-362/14 Maximillian Schrems v Data Protection Commissioner Luxembourg, 6 October 2015 The Court of Justice declares that the Commission’s US Safe Harbour Decision is invalid Whilst the Court of Justice alone has jurisdiction to declare an EU act invalid, where a claim is lodged with the national supervisory authorities they may, even […]

Loans in foreign currency and borrower’s rights, Part 2

On the 14th of April 2014 I wrote an article about loans in foreign currency and the rights of borrowers. The link to that article is here. The article dealt with the Opinion delivered by Advocate General Wahl, in Case C-26/13, Árpád Kásler and Hajnalka Káslerné Rábai v OTP Jelzálogbank Zrt, before the Court of […]

Enforcing EU rights in Cyprus

  The question often arises: How can a Cypriot citizen enforce rights stemming from European Union law in Cyprus? There are a number of ways that EU law can be invoked in the national legal system. One answer to the above question is the application for a preliminary ruling before the  Court of Justice of the […]