Tornaritis Law Firm has been appointed as legal advisor to the Special Adminstrator of Cyprus Popular Bank Public Limited. Legacy Laiki, which is being run by...
Tornaritis Law Firm has been appointed as legal advisor to the Special Adminstrator of Cyprus Popular Bank Public Limited.
Legacy Laiki, which is being run by a special administrator appointed by the regulatory authority( Central Bank ), is the single largest shareholder in Bank of Cyprus and the only shareholder with a stake exceeding 5 percent.
Legacy Laiki is what remains of Cyprus Popular Bank Public Limited, which was the country’s second-biggest lender.
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