The Secretariat is responsible for the administration in the name of the Court of all disputes referred to CEDRAC under any applicable CEDRAC rules, other rules, ad hoc proceedings or other services offered by CEDRAC. The Secretariat also provides service to the Court or any committee of the Court. It is led by the Secretary General.

Inaugural Secretary of the Court and Registrar

  • Dr Marcos Dracos is barrister at One Essex Court and a qualified counsel in Cyprus.
    Marcos Dracos

    Marcos Dracos undertakes a broad range of civil and commercial work. He has extensive experience in commercial dispute resolution in England and Cyprus and he is a fully qualified lawyer with rights of audience in both jurisdictions. He is a tenant at the Chambers of Lord Grabiner Q.C., One Essex Court, London EC4Y 9AR.

    Marcos can advise on most aspects of Cypriot and English law and appear before courts in both jurisdictions. In England, he has been involved in a wide range of complex commercial disputes in both the High Court and the Court of Appeal. In Cyprus he has experience appearing before the Supreme Court and the District Courts in a wide range of disputes (including applications for freezing orders and other interim remedies).

    Marcos also has a particular interest in international commercial arbitration. He has experience of ad hoc, ICC, UNCITRAL and LCIA international commercial arbitrations, as counsel and as assistant to the tribunal. He is Vice-president of the Cyprus Basketball Federation Arbitration Tribunal and he has experience sitting as an arbitrator in Cyprus.

    Marcos studied law at Cambridge University and obtained his BA with first class honours. He then earned a PhD there; his thesis was on the principles governing the interpretation of written contracts under the supervision of Prof. Malcolm Clarke. Marcos taught contract law at the University of Cambridge and is now a visiting lecturer at the University of Cyprus teaching Civil Procedure and Tort law.

    Examples of Recent Cases:

    Widefree Ltd v. Brit Insurance Limited [2010] 2 All E.R. (Comm) 477; [2011] Lloyd's Rep. I.R. 63. Acting for the Claimant insured in a case where the insurer denied cover in an all risks policy relying on alleged breach of condition to provide information and on “unexplained loss�

    Seele Austria GmbH & Co v. Tokio Marine Europe Insurance Ltd [2009] 1 All E.R. (Comm) 171; [2007] B.L.R. 337. Acting (with David Sears Q.C. and Adrian Williamson Q.C.) at first instance and on appeal for the claimant insured in a claim for indemnity under a CAR insurance policy.

    Acting for the Claimant in an application to obtain a multi-million freezing injunction against the Defendant in a case involving allegations of serious fraud (Limassol District Court).

    Acting for the Claimant owner in a â‚?m claim for damages against the developer in a â‚?0m construction project in Cyprus (Nicosia/Larnaca District Court).

    Acting for the Claimant in a $6m fraud claim in Cyprus (Limassol District Court).

    Iacovou �Papaellinas Joint Venture v. Ministry of Health (2010). Acting on behalf of the applicant bidders in an application for an order restraining the Ministry of Health in Cyprus from proceeding with a �3million tender where there were allegations that the Ministry unlawfully changed the terms of the tender after submission of the bids.

    Acting for the Claimant in an ICC arbitration arising out of an international multi-million project.

    Acting for the Claimant in an UNCITRAL arbitration arising out of breach of an agreement to provide consulting services in the travel and leisure sector.