Kiros Papaloizou

Profile

Kiros Papaloizou is an Associate in the Dispute Resolution Department, specialising in commercial litigation, civil fraud, investigations and asset recovery.

Kiros has experience advising on complex, high-stakes commercial disputes, often involving multiple jurisdictions and with a focus on civil fraud and asset recovery. Kiros often acts on cases involving misappropriation of assets or confidential information and where there are allegations of conspiracy and dishonesty. He also has experience in litigation involving breach of fiduciary and directors' duties as well as complex shareholder disputes.

Kiros has extensive experience of obtaining injunctive relief, including search and computer imaging orders, disclosure and delivery up orders, and freezing orders in aid of asset recovery strategies as well as in the context of shareholder disputes.

He has acted for high-net worth/high-profile individuals, global businesses and family offices across a number of different sectors including financial services, real estate, mining, software development and media. Kiros has a particular interest, and experience acting for clients in the digital space, including acting for a leading cryptocurrency trading firm.

Kiros is also a co-founder of the UK Cypriot Enterprise Counsel's "Gen Y Innovation Network".

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Key Experience

Acted for ArcelorMittal in relation to a multi-jurisdictional $1.5 billion conspiracy claim in the Commercial Court, including obtaining a variety of injunctive relief including freezing orders (in England and elsewhere) in support of enforcement of an arbitral award. ArcelorMittal USA LLC v. Ruia and others
Acted for Sheikh Mohamed Bin Issa Al Jaber in successfully defending a US$3.5 billion claim brought against him. The Supreme Court is due to consider points relating to equitable duties of fiduciary and the appropriate remedies upon their disregard. The case has appeared in the Lawyer 's Top 10 Appeals of 2025. Mitchell and another (Joint Liquidators of MBI International & Partners Inc (In Liquidation)) v Sheikh Mohamed Bin Issa Al Jaber and others
Acting for a prominent ultra-high net worth individual in a successful jurisdiction challenge in high-profile bitcoin-mining dispute. Alimov -v- Mirakhmedov & others [2024] EWHC 3322 (Comm)
Acting for a Kazakh client in an LCIA arbitration seated in London, relating to the sale of shares in a financial services business, for the value of approx. USD800m.
Acting for a preeminent cryptocurrency trading firm in the context of the $40bn collapse of Terraform Labs relating to a letter of request.
Acting for Minor International PCL in relation to various contentious shareholder disputes, leading to its winning bid for the Corbin & King restaurant group following a successful auction of the business by administrators, FRP.
Coordinating proceedings and investigations on behalf of fund managers relating to misappropriation of sums in excess of $200million, including obtaining search and computer imaging orders ancillary to an existing Worldwide Freezing Order and proprietary injunction.
Providing strategic advice on asset recovery strategies in the cryptocurrency space.
Providing strategic advice on asset protection structures and their risk of exposure to attack.
Acting for an international media company against its former management team in respect of a multimillion-pound claim for breach of fiduciary duty based on diversion of business opportunities, breach of confidence and misuse of confidential information.
Acting for members of the Afghan judiciary in judicial review proceedings against decision of the UK Government to refuse humanitarian visas to the UK.
Acting for a lender in successfully obtaining a prohibitory injunction against "persons unknown" in relation to a high value data hack.
Providing strategic input relating to multi-jurisdictional litigation and investigations often involving teams of lawyers in other jurisdictions.
Experience advising in relation to the enforcement of foreign judgments in England and Wales and recovering against assets in this jurisdiction.