Cyprus-Forum.com

[Hermes]

Interesting! So, do these Turkish banks that accept exchange land 'trnc' deeds have offices and branches in the EU?

So, with a mortgage on such land there could be a way to chase the Turkish banks within the EU......

That must be right. Turkish banks and companies with assets in the EU zone could be a target. So could all international companies and banks that are operating in the north and can be prosecuted in the South for exploitation of Greek property. You can be sure that our lawyers will be exploring all possibilities. The UK company we should be looking at in particular is the Lewis Trust Group (LTG) which is investing heavily on appropriated land in Karpasia and is one of the biggest companies in the UK. From their website:

"LTG is an investment company that operates retail stores, real estate, a wealth management company, and hotels. The company's 300 River Island retail stores are geared toward young people, while its Cavendish Asset Management arm attracts a more mature crowd. The group's real estate unit has more than 300 million sq. ft. under management in the UK and US. Lewis Trust Group's hotel operation comprises more than 20 hotels in Israel and Spain. The Lewis family owns a large majority of the company; Managing Director Bernard Lewis holds the biggest chunk”.

Any lawyers out there?

[Viewpoint]

Interesting! So, do these Turkish banks that accept exchange land 'trnc' deeds have offices and branches in the EU?

So, with a mortgage on such land there could be a way to chase the Turkish banks within the EU......

That must be right. Turkish banks and companies with assets in the EU zone could be a target. So could all international companies and banks that are operating in the north and can be prosecuted in the South for exploitation of Greek property. You can be sure that our lawyers will be exploring all possibilities. The UK company we should be looking at in particular is the Lewis Trust Group (LTG) which is investing heavily on appropriated land in Karpasia and is one of the biggest companies in the UK. From their website:

"LTG is an investment company that operates retail stores, real estate, a wealth management company, and hotels. The company's 300 River Island retail stores are geared toward young people, while its Cavendish Asset Management arm attracts a more mature crowd. The group's real estate unit has more than 300 million sq. ft. under management in the UK and US. Lewis Trust Group's hotel operation comprises more than 20 hotels in Israel and Spain. The Lewis family owns a large majority of the company; Managing Director Bernard Lewis holds the biggest chunk”.

Any lawyers out there?

Why dont you go after..

HSBC
Land Rover
Gloria Jeans
İş Bank
Garanti Bank
TEB
to name only a few.

When do you think the first arrests will take place?

[Hermes]

Why dont you go after..

HSBC
Land Rover
Gloria Jeans
İş Bank
Garanti Bank
TEB
to name only a few.

When do you think the first arrests will take place?

Thanks, Viewpoint. I was going to suggest a list of companies that are operating in the north that might be liable for prosecution in the Republic's courts. Similar to the thread started by B25 of foreigners in the north who are expropriating property. Any other companies that come to you, just let us know...

[Viewpoint]

Why dont you go after..

HSBC
Land Rover
Gloria Jeans
İş Bank
Garanti Bank
TEB
to name only a few.

When do you think the first arrests will take place?

Thanks, Viewpoint. I was going to suggest a list of companies that are operating in the north that might be liable for prosecution in the Republic's courts. Similar to the list of foreigners in the north who are expropriating property. Any other names that come to you, just let us know...

There are thousads and all on the net, just do a search. When do you think there will be any action like arrests or property being siezed, people being thrown out etc...

[CopperLine]

Ultimately the judgment on Apostiledes v Orams was the right one, in my view.

I look forward, though, to the day when TCs with claims in the RoC can enjoy effective remedy for their claims. Despite what some people have claimed in recent threads on this matter, TCs have been prevented from access to and recovery of their former properties. One further product of the A v O case may be, ironically, that it eases the claims by TCs in the RoC.

I also look forward to TCs finally turning on the crooked politicians, developers and estate agents who led them up the blind alley that was "exchange title" and the theft of real estate and other property.

But posters should also realise that whilst the A v O case opens a new and effective avenue of remedy, it does not necessarily open the flood gates. It will still need individual GC property owners to pursue individual actions against named individuals who have alleged to have violated their property rights (or other rights). That is, as we know, a long, often complicated, and twisted process, which invariably requires a litigant to already have some money up front to finance the whole legal action.

Hermes and Viewpoint arrests are highly, highly unlikely because what we're talking about are civil actions, not criminal actions.

[Hermes]

There are thousads and all on the net, just do a search. When do you think there will be any action like arrests or property being siezed, people being thrown out etc...

Give us time. We've only had the legal precedent established this week that court decisions in the Republic of Cyprus can be enforced throughout Europe. It's never a good idea to hurry in matters of law.

I think Markos Kyprianou explains the consequences of this judgement very well:

It reaffirms that - irrespective of the continuing Turkish occupation and the practical weakness of the state to exercise control in the northern Turkish occupied areas of the Republic of Cyprus - the Laws and Constitution of the Republic still apply. This is a message that must be sent, not only to the citizens, the private buyers, but also to the governments of all foreign states, especially the European ones, and all those carrying out business in the occupied areas, that anything they do must be done with respect to the Laws of the Republic of Cyprus

[Viewpoint]

Ultimately the judgment on Apostiledes v Orams was the right one, in my view.

I look forward, though, to the day when TCs with claims in the RoC can enjoy effective remedy for their claims. Despite what some people have claimed in recent threads on this matter, TCs have been prevented from access to and recovery of their former properties. One further product of the A v O case may be, ironically, that it eases the claims by TCs in the RoC.

I also look forward to TCs finally turning on the crooked politicians, developers and estate agents who led them up the blind alley that was "exchange title" and the theft of real estate and other property.

But posters should also realise that whilst the A v O case opens a new and effective avenue of remedy, it does not necessarily open the flood gates. It will still need individual GC property owners to pursue individual actions against named individuals who have alleged to have violated their property rights (or other rights). That is, as we know, a long, often complicated, and twisted process, which invariably requires a litigant to already have some money up front to finance the whole legal action.

Hermes and Viewpoint arrests are highly, highly unlikely because what we're talking about are civil actions, not criminal actions.

Dang was looking forward to a few arrests and the publicity it would bring 90 yo retired thrown in GC prision for planting roses in a GC owned garden...

[polis]

Is there anyone who can get a list of the names and addresses in Cyprus of the British Residents' Society, that's the society of the Brits who bought Greek Cypriot properties in the North?

[Hermes]

But posters should also realise that whilst the A v O case opens a new and effective avenue of remedy, it does not necessarily open the flood gates. It will still need individual GC property owners to pursue individual actions against named individuals who have alleged to have violated their property rights (or other rights). That is, as we know, a long, often complicated, and twisted process, which invariably requires a litigant to already have some money up front to finance the whole legal action.

Hermes and Viewpoint arrests are highly, highly unlikely because what we're talking about are civil actions, not criminal actions.

I don't think we will be short of money to finance legal actions. The Church of Cyprus, for example, is a major landowner in the north and not exactly short of a few euros. Also, it only takes one targeted case to set a precedent and to deter future investors.

The threat of seizing assets is more effective than arrests. It was never Mr. Apostolides' aim to jail the Orams, but to establish his right over his property. The key point I think in all this is that the Orams' case re-affirms the legal authority of the ROC over the occupied territory and allows it to exercise its authority in Europe. An important outcome as far as I can see...

[Viewpoint]

But posters should also realise that whilst the A v O case opens a new and effective avenue of remedy, it does not necessarily open the flood gates. It will still need individual GC property owners to pursue individual actions against named individuals who have alleged to have violated their property rights (or other rights). That is, as we know, a long, often complicated, and twisted process, which invariably requires a litigant to already have some money up front to finance the whole legal action.

Hermes and Viewpoint arrests are highly, highly unlikely because what we're talking about are civil actions, not criminal actions.

I don't think we will be short of money to finance legal actions. The Church of Cyprus, for example, is a major landowner in the north and not exactly short of a few euros. Also, it only takes one targeted case to set a precedent and to deter future investors.

The threat of seizing assets is more effective than arrests. It was never Mr. Apostolides' aim to jail the Orams, but to establish his right over his property. The key point I think in all this is that the Orams' case re-affirms the legal authority of the ROC over the occupied territory and allows it to exercise its authority in Europe. An important outcome as far as I can see...

Use it if you have the balls.