We are pleased to announce the formation and establishment of the Cyprus Eurasia Dispute Resolution and Arbitration Center, CEDRAC.

CEDRAC is committed to excellence and to serving the needs of commercial parties involved in international disputes and welcomes referrals of future or existing disputes. CEDRAC draws on the experience of a diverse and experienced Court and case management staff supporting and supervising its activities.

CEDRAC Primary Aim

The primary aim of CEDRAC is to assist international businesspeople to resolve their disputes through arbitration procedures that are fair, quick and cost-effective. In parallel to its arbitration services CEDRAC will also offer mediation services.


at a High Level, Low Cost, Efficient Dispute Resolution Service
  • A new fresh regional and international organisation of the highest professional standards based in Cyprus
  • Experienced and well versed Court overseeing activities and case management
  • Equipped with state-of-the-art rules
  • Service oriented arbitration management in the only common law jurisdiction in the region
  • Neutrality by design and base
  • Operating in an arbitration friendly jurisdiction
  • With modern commercial infrastructure

CEDRAC Governing Body

The governing body of CEDRAC dispute resolution services will be the CEDRAC Court, which will act as the appointing authority in cases referred to it, will monitor and review the proper application of CEDRAC’s rules and promote the objectives of CEDRAC.

Professor Loukas Mistelis, Former Director School of International Arbitration, Queen Mary, School of Law, Centre for Commercial Law Studies, University of London, Partner, Clyde & Co LLP is the Inaugural Chairman of the CEDRAC Court.

1) John Fellas, Partner, Fellas Arbitration, 2) Domenico Di Pietro, Partner Di Pietro Arbitration, Miami and London, 3) Jalal (Jil) El-Ahdab, Paris, France (and Middle East), Partner, Bird & Bird, 4) Aigoul Kenjebayeva, is among Kazakhstan’s leading lawyers, served as Managing Partner in Kazakhastan and Central Asia for Dentons (and legacy firm Salans). She is widely considered a top choice for dispute resolution, 5) Roman Khodykin, Associate Professor at Moscow State Institute of International Relations, Partner, Bryan Cave Leighton Paisner LLP, an Editor of The Review of International Commercial Arbitration, 6) Jean-Claude Najar, Independent Arbitrator Founder / former President of the Corporate Counsel International Arbitration Group, 7) Constantine Partasides, Founder Partner of Arbitration, Three Crowns London, 8) Jakob Ragnwaldh, Partner of Arbitration, Stockholm, Mannheimer Swartling, Vice-Chair of the Board of the Arbitration Institute of the Stockholm Chamber of Commerce, 9) Tatyana Slipachuk, Special Advisor, International Arbitration Practice Group, Kiev, Sayenko Kharenko Partners, 10 Panos Verveniotis, Managing Partner, Athens, G. Verveniotis.

George Mountis is Sectretary of the Court and Registrar. Mr. Mountis is a qualified lawyer in Cyprus, Co- Managing Partner at Chrysostomides & Co LLC, a Fellow of the Chartered Institute of Arbitrators (FCiArb) and an Accredited Mediator (CEDR).

Andreas Eleftheriades, Former President of European University Cyprus, is President of CEDRAC Board. Zacharias Palexas, Partner, Parthenon Trust, is Co-President of CEDRAC Board.

CEDRAC Operations

CEDRAC has its base of operations in Nicosia, Cyprus. The CEDRAC facilities are located near the centre of Nicosia, and include arbitration rooms, private consultation rooms for the parties and a restaurant on site. Hearings may be held in other locations in Cyprus or anywhere in the world.

Cyprus was chosen as an ideal arbitration venue. It is already a well-established business offshore centre with excellent commercial infrastructure. It has a state of the art communications network and first rate business venues, hotels and restaurants. Cyprus also has an ideal geographical location sitting between three continents, with two international airports offering regular flights to London, Paris, Moscow, the Middle-East and Northern Africa.

Cyprus offers a commercially sophisticated legal system which has its roots in the Common Law. Cypriot arbitration law is based on the UNCITRAL Model Law and Cyprus is a member of the 1958 New York Convention for the Recognition and Enforcement of Foreign Arbitral Awards, whilst Cypriot courts have repeatedly demonstrated their commitment to supporting arbitration proceedings and their respect of party choice and autonomy.

CEDRAC has its own Arbitration Rules which have been drafted and developed by the CEDRAC Court members following extensive research and consultation.

CEDRAC Inaugural Conference

Povez-vos nos expiqe a qoi coespond ce changement? Elle traverse la ligne m ADM:T04035,T00040, forme ainsi laparoi ant du III ventricule, juste en avant descolonnes du fornix. Pour etre en bonne sante, il faudrait boire 8 verres de 8 ounces soit 2 litres d'replique montre hublot en tout. Laisse a epos pa a site, i se pesentait madi dans ne cose potant e abe isted. Faire chauffer le coulis de tomate avec 20cl d'replique montre suisse, le sucre et 1 Marmite de Bouillon B?uf Knorr?. The Best Spot Anging Vacation Spot Within The pas cher replique montre WodCabo San Lcas Mexico is a vacation pace of seection with its significant maina and gogeos bay wheeve the Sea of replica uhren Cotez meets the Pacific Ocean, is popa fo its casa atmosphee and thiing nightife. L'insetion d'n DVD donne ie a ne nette agmentation d nivea de bit, et povoqe des vibations fotes qi se cament a bot de qeqes mintes. Pace 'anse replique montre ainsi ceee s a poche en veos : epinge a pemiee extemite de 'anse s a pemiee cote de a poche, veos conte veos et anse ves e bas. Le but n'est pas de la mettre mal a l'aise en lui offrant un cadeau excessif, mais de lui faire plaisir. Lois Vitton Monogam Mticooe is Exqisite Speb Wokmanship replica orologi Lois vitton monogam mticooe is fo the common peiod of time a mixte of exqisite wokmanship and aso speb expaining with thei wondef ct, paced ogos, tesses, replique montres de luxe day codes and seia nmbes. replique montre de luxe, t engag dans e financement de a fondation de tte conte a cance aait engang avec 'association ps de 80 miions de doas a pofit de 'association, g a vente rolex replique de baceets janes depis 2004. est n copie de montre brm de ma fomation qi etait a hie! La commnate baine de Lie tente de tove n gope qi accepteait de donne son nom a ft stade.

On Nov 18, 2011, CEDRAC Cyprus Eurasia Dispute Resolution and Arbitration Center had its inaugural conference in Cyprus. Many distinguished guests attended the inaugural conference, including the Attorney General of Cyprus, the President of the Supreme Court and the President of the Nicosia Bar Association. CEDRAC was received very positively by Cyprus and the international legal community.

Mr Goldberg illustrated how Cyprus and CEDRAC have the necessary preconditions to succeed as an international arbitration centre. Professor Mistellis presented CEDRAC, its organization and CEDRAC Rules that have been developed following extensive research and consultations. CEDRAC Rules incorporate modern best practices, including improvements and additions and constitute international model rules. Mr Markides stated that with CEDRAC, Cyprus can become a successful international arbitration centre. Mr Palexas pointed out that the founding team of CEDAR Court is preeminent and internationally accomplished.

Please click here to view Entire Schedule and download presentations and related articles.

CEDRAC Inaugural Conference_Nov 18_2011-Commemorating Photo

Click here to view the document related to CEDRAC Inaugural Conference which was taken on Friday, 18th November 2011.

Go to Top