The team at BGI Legal is delighted once again with its position as a top ranked firm in the latest publication of Chambers Global. The legal directory, which has just published its latest rankings, now includes four of BGI Legal's team including a new ranking for 'up and coming' lawyer, Sandro Bibilahvili. Both partners, Zaza Bibilashvili and Lasha Gogiberidze are highly acclaimed and comment is made on the high visibility of counsel, Ekaterina Aleksidze, particularly in advising banks.

The rankings affirm the continuing strength of the team at BGI Legal. 

The Asian Development Bank (ADB) has just completed a deal worth GEL100 million (approximately $48.54 million) from its first ever sale of Georgian lari bonds with BGI Legal acting as local counsel for the underwriter (TBC Broker LLC, a subsidiary of TBC Bank JSC) in the bond issuance leg of the transaction. The proceeds of the bond issue have been lent to TBC Bank and will be used to provide investment and support the development of small businesses in Georgia.

"BGI Legal is extremely pleased to have been involved with this largest ever lari bond offering which will undoubtedly make a significant difference for small businesses in Georgia and indeed have an impact on the Georgian economy as a whole", said partner, Lasha Gogiberidze.

For more information on the deal, please follow the links below:
http://cbw.ge/home/tbc-bank-obtains-gel-100-million-loan-from-adb/

http://www.finchannel.com/index.php/opinion/press-releases/item/40341-adb-sells-largest-georgia-lari-bond-to-boost-capital-market-small-companies

BGI Legal has also recently acted for another IFI in a GEL denominated bond issue, more details of which can be found in the following link: http://ifcext.ifc.org/IFCExt/pressroom/IFCPressRoom.nsf/0/1F87C331263B820785257DEF00533EE0?OpenDocument

BGI Legal is delighted to advise that Lasha Gogiberidze has been re-elected to serve another two-year term following the recently held elections for seats on the Board of Directors at AmCham's annual General Assembly meeting on October 23rd 2014. 

AmCham Georgia is the leading international business association supporting and promoting US and Georgian economic and commercial relations and representing the interests of businesses in Georgia. Its work covers a broad range of areas of interest to its members and potential investors.

For further information please follow this link: http://amcham.ge/diary_item.php?item=141

Photos of the event are also available to view :  http://amcham.ge/album.php?item=141

Lasha Gogiberidze from BGI Legal was delighted to attend the recent 28th CACCI (The Confederation of Asia-Pacific Chambers of Commerce and Industry) conference in Kuala Lumpur, Malaysia on September 17-19, 2014. Representatives of regional chambers of commerce gathered for this successful event which was led by outgoing CACCI President Ambassador Benedicto V. Yujuico from the Philippines and attended by over 300 delegates including many leading business figures from twenty two Asia-Pacific countries.

CACCI was established in 1966 with an aim to provide both a forum and a platform for promoting business people, increasing regional business interaction and highlighting local economic growth. CACCI's conferences enable delegates to exchange views on current developments and discuss main issues of concern to the business sector.

BGI Legal was particularly delighted to see a representative of Georgia, Mr. Jemal Inaishvili, elected as a president of CACCI for the first time. BGI Legal warmly congratulates Mr. Inaishvili on this appointment and wishes him success in his endeavours in this challenging office.