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August, 12 2019
July, 23 2019
CYPRUS: Jurisdiction for claims arising out and/or in connection with an Agreement
In the Appellate case HAMPTON ADVISORY GROUP S.A. –V- BOST AD & OTHERS (2012), it has been inter alia held, (adopting the European Court judgment in SHENAVAI –V- KREISCHER (1987) CMLR 782) – that a Court before which an action is brought will, when determining whether it has jurisdiction, be guided by the maxim “accessorium sequitur principalae”; in other words, where various obligations arising out from an agreement are in issue, it will be the principal obligation, which will determine the jurisdiction and not the secondary application.
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