Banking and finance law in Cyprus covers a wide array of legal practice and encompasses matters relating to borrowing, lending, banking regulation, asset ownership, corporate structures, insolvency, property law, laws on security, and general common and corporate law issues. Since the global financial crisis, G. ANDREOU & CO LLC placed particular emphasis on debt restructuring proceedings, private refinancing, and rescheduling schemes. The main purpose of the firm is to achieve fair and sustainable restructuring of credit facilities of borrowers (individuals and businesses) experiencing financial difficulties and who cannot meet their contractual obligations. In addition to its restructuring practice, the firm regularly advises on insolvency proceedings, debt recovery, and security registration and enforcement actions.