Conspiracy is recognized in Cyprus as a common law tort.
The Supreme Court of Cyprus in CHRISTOFOROU & OTHERS -V- BARCLAYS BANK PLC (2009), held that a Claimant alleging conspiracy, shall establish the following:
(a) an agreement between two or more persons;
(b) either, where the means are unlawful, an agreement the real and predominant purpose of which, is to injure the Claimant (“Unlawful Means Conspiracy”) or, where the means are lawful, an agreement the purpose of which, is to injure the Claimant (“Lawful Means Conspiracy”); and
(c) that acts done in execution of that agreement, resulted in damage to the Claimant.
It is not necessary for there to be an agreement in the contractual sense, a tacit agreement or understanding will be sufficient.
The Unlawful Means Conspiracy embraces all acts a defendant is not permitted to do, whether by the Civil, or Criminal law.
For further information on this topic please contact
Mr. Soteris Pittas( ) at SOTERIS PITTAS & CO LLC,
by telephone (+357 25 028460) or by fax (+357 25 028461)
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