Standard Terms & Conditions
1. Costas Tsirides & Co is a Cyprus Law Firm consisting of partnered and associates.
2. All instructions from clients, irrespective of whether these are addressed to Costas Tsirides & Co. or to individuals working at Costas Tsirides & Co., are accepted and carried out exclusively by Costas Tsirides & Co. Any subsequent or additional instructions of the client shall also be subject to these general terms and conditions. The applicability of the terms and conditions of the client is hereby specifically rejected.
3. Any and all liability of Costas Tsirides & Co. is limited to the amount paid out, if any, under Costas Tsirides & Co professional liability insurance policy in the matter concerned, plus the amount of the deductible applicable to this insurance coverage. In the event and to the extent that no monies are paid out under the professional liability insurance, for whatever reason, any and all liability of Blenheim shall be limited to an amount of € 20,000.=, or, if the fees charged by Costas Tsirides & Co. in the matter concerned are higher, limited to the amount of such fees up to a maximum of € 50,000.=. Not only Costas Tsirides & Co., but also all third parties which are engaged to carry out instructions of Costas Tsirides & Co.’s clients, may rely on these general terms and conditions. The same shall apply to the partners, associates and employees of Costas Tsirides & Co., as well as to former employees in the event that they are held liable after they have left Costas Tsirides & Co.. Notwithstanding the provisions of any law relating to the limitation of proceedings, any claim for compensation against Costas Tsirides & Co. shall be limited and no claim shall be raised if the matter has not been brought to court within one year after the facts on which the claim is based are known to the client or could have been reasonably known to the client.
4. Costas Tsirides & Co. shall, as far as possible, consult the client before instructing third parties (unless in case of emergency) and shall in any event exercise due care in its selection of third parties. Costas Tsirides & Co. is not liable for any acts and/or omissions of third parties. Costas Tsirides & Co. is hereby authorised by the client to accept on its behalf any terms and conditions (including limitations of liability of third parties) applicable in the relation between it and third parties, or any terms and conditions stipulated by the third party.
5. The client indemnifies and holds Costas Tsirides & Co. harmless from and against any and all third party claims, including reasonable legal costs, arising in whatever manner from the activities carried out for the client, unless they are a result from gross negligence or wilful misconduct by Costas Tsirides & Co..
6. Unless otherwise agreed in writing, professional fees shall be calculated on the basis of the number of hours worked, multiplied by the hourly rate established annually by Costas Tsirides & Co. Costas Tsirides & Co is entitled to ask for an advance payment. Advance payments shall be settled with the final statement of expenses.
7. Costs paid for by Costas Tsirides & Co. on behalf of the client, shall be charged separately. A percentage of the professional fees shall be charged to cover general office costs (such as costs of postage, telephone, facsimile and photocopying).
8. In principle, the client will be charged for services on a monthly basis, subject to payment within 14 days of the date of the invoice. The client can not derive rights from this principle. On late payment Costas Tsirides & Co is entitled to statutory interest and.
9. The legal relation between the client and Costas Tsirides & Co. is exclusively governed by Cyprus law.
10. With the exception of documents and/or files for which separate safekeeping guidelines are applicable, files shall be kept for at least 5 years (starting from the sending date of the last invoice), after which Costas Tsirides & Co. has the option to destroy the dossier without any further notification.
11. The Complaints and Disputes Procedure of the Cyprus Bar Association is applicable to the services of Costas Tsirides & Co.. All disputes as a result of the offering and/or the execution of the services of Costas Tsirides & Co., including any disputes regarding invoices, shall be resolved by the Extra Judicial Reward Committee of the Cyprus Bar Association, without prejudice to the right of Costas Tsirides & Co. to apply to the court (at its discretion).
12. Costas Tsirides & Co is not able to rely on a provision in these general terms and conditions, in so far as that provision is not permitted by the Cyprus Bar Association. If one or more provisions of the agreement shall appear to be fully or partly void or not enforceable, they shall hereby be replaced by provisions for which this does not apply and which provide near enough the same as the void and non-enforceable provisions. In so far as may be necessary, parties will hold further consultations in good faith about the exact wording of the provisions that were replaced.
13. In the event that any clause of the present agreement is in conflict with any clause of a specific individual agreement with a client the terms of the specific individual agreement shall prevail.
