Cyprus Mail
Business

Nicosia has 10 days to respond to injunctions

NICOSIA district court gave the capital’s municipality ten days to respond to the unilateral injunctions secured by Eleftheria Square contractor Miltiadis Neophytou.

The injunction forbids Nicosia town hall to cash in two letters of guarantee worth 4.7m euros that the construction company had issued in October 2011 as part of the guarantee that the contractor will complete the already-delayed project.

The municipality’s legal counsel now have ten days to prepare a convincing case to repeal the injunctions secured by the contractor who blames the municipality for the delay in the project completion.

According to initial plans, Eleftheria Square was supposed to be completed by September of this year, but the completion date has now been pushed back to at least December 2014.

Construction work continues on the project, as a termination of work without a court order constitutes breach of contract.

Reports suggest the contractor blames the project’s architect, Iraqi-born Zaha Hadid, for the delays, saying that her office took a long time to respond to the contractor’s inquiries regarding the project. On one occasion, according to some sources, the architect took almost a year to give her consent regarding the quality and type of cement that should be used.

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