Specializing in M&A, litigation & ADR, Corporate, Real Estate and Labor law. Skilled in Strategic Planning and Negotiations

Recognized as a leader in his field, Zaza Bibilashvili is described as a "formidable and brilliant lawyer, with outstanding problem-solving attitude, proactive approach in solving disputes and high business acumen" by Chambers Global 2020. Chambers Europe 2024, which ranks Zaza as a Senior Statesperson, describes him as a "lawyer with decades of experience, who executes flawlessly." According to Chambers Europe 2025, “Zaza is a world-class legal adviser and expert who offers an excellent service."

Zaza Bibilashvili is the founder of BGI Advisory Services Georgia and a Senior Partner at BGI Legal, Georgia’s leading full-service law firm. Prior to the arrival of BGI in the aftermath of Ernst & Young’s global decision to exit law in early 2005, Zaza was a director of E&Y’s legal services arm, EY Law Georgia as well as the director of its predecessor, GCG Law Office, which was affiliated with Andersen Legal – both dominant players on the Georgian legal services market at the time.  Before moving to private practice, Zaza worked at the Permanent Mission of Georgia to the United Nations in New York.  Zaza is also the founder of the Chavchavadze Center for European Studies and Civic Education, Georgia’s first civil society organization modeled after European political foundations.

KEY ENGAGEMENTS

Zaza has extensive transactional, corporate, M&A, real estate, oil & gas, litigation & arbitration, IP and employment law experience. His key engagements include: 

• Represented Flutter Entertainment in a series of M&A and related mandates worth approximately USD 500 million. 2019 to 2024.

• Represented the Federal Republic of Germany in the acquisition of immovable property for its diplomatic mission in Georgia. 2021.

• Represented the Ferrero Group, the second biggest chocolate producer and confectionery company in the world, in restructuring of its vast farmlands and workforce in Georgia. 2020-2023.

• Acted as the lead counsel in the largest ever divorce litigation in Georgia, with assets worth approximately 0.5 billion USD at stake. 2014-2019.

• Represented the shareholders of Georgia’s largest independent broadcasting company, Rustavi 2, in defending the television against a highly publicized hostile takeover attempt. 2015-2017.

• Represented a US subsidiary of Glencore, the international commodity and mining giant, in a dispute with a Georgian contractor. 2016-2018.

• Assisted the Ferrero Group, the second largest global producer of chocolate and confectionary products, in all its Georgian law needs, including inter alia corporate advice, land acquisitions, government negotiations, privacy and data protection, IP and other matters. 1998 to date.

• Represented CT Park, an Israeli-owned exclusive operator of parking services in Tbilisi, the first-ever outsource of parking operation by Georgian authorities, in a series of corporate matters, as well as tax and investment disputes with central and municipal authorities of Georgia. 2009-2019.

• Represented Diplomat Georgia, the largest FMCG distributor in Georgia in various M&A deals, corporate structuring and ongoing support of operations as well as successful handling of a multi-million USD tax litigation with the Government. 2008 to date.

• Successfully defended Coca-Cola Bottlers Georgia in an LCIA arbitration and related recognition and enforcement proceedings in the Supreme Court of Georgia. 2017-2018.

• Provided full legal support to a London-based owner and developer of Galleria Tbilisi, the biggest shopping center project in Georgia at the time, in a complex acquisition, development and sale of the asset. 2007-2016.

• Represented an international consortium of investors in the largest private M&A transaction in Georgia at the time, involving acquisition of interest in certain telecommunications companies, a deal valued more than 0.5 billion USD. 2005-2007.

• Represented a major EU-based insurance provider in defending against a USD 100 million claim in Georgian courts.

• Represented a major Georgian manufacturer of soft drinks in a USD 50 million acquisition of a leading French-owned Georgian brewery.

• Represented the owner of the property in negotiating a long-term management agreement with a major international hospitality group.

• Acted as a Georgian law expert in a USD 600 million litigation in an English Court.

• Represented the Georgian Government in a USD 100 million privatization transaction of a major port and infrastructure facility with a view of establishment of a free industrial zone.

• Represented Citigroup in a USD 25 million mezzanine loan financing of a leading US-Georgian real estate developer and operator.

• Advised the Georgian Government jointly with Norway’s ECON Poyry on the development of seven green field hydro-power stations.

• Represented British American Tobacco in negotiating its manufacturing and distribution operations in Georgia, conducted legal due diligence of the largest Georgian tobacco enterprise, drafted and negotiated acquisition contracts and related project documentation. 2000-2012.

• Advised the American Jewish Joint Distribution Committee, one of the largest international charities, regarding various aspects of its operations in Georgia.

• Represented a major Russian-based investment group in a consolidated acquisition of the largest Georgian gold and copper mining enterprise from the State and private owners (a USD 61 million transaction). 2005.

• Represented Populi, the largest supermarket chain in Georgia at the time, in a USD 15 million secured loan transaction vis-à-vis EBRD.

• Represented Oriflame, a leading international cosmetics manufacturer, in a tax dispute with the Georgian Government, advised the company on the purchase of the land for its Caucasus hub.

• Represented a major Australian mining company in setting up a gold-mining facility in Georgia, a USD 75 million project.

• Advised the Georgian National Lottery Fund in drafting and negotiating the first ever contract with the private operator of the national lottery.

• Represented BAT in a USD 33 million tax dispute with the Georgian authorities.

• Represented/advised a consortium of international oil companies in drafting and negotiation of enabling legislation for land rights and eminent domain issues.

• Advised a major Swiss Industrial Group on the acquisition of a blocking minority stake in the Zestafoni Ferro Alloy Works Plant, one of Georgia’s largest industrial facilities.

• Represented the Georgian Government in drafting and negotiating contractual documentation in a strategic infrastructure development project (Build, Operate and Transfer Contract) valued at 62 million USD.

• Assisted the Embassies of the United Kingdom, the Netherlands, France, Japan and the Mission of the World Bank in Georgia in various real estate, employment, tax, personal data protection, litigation and other issues. 1998 to date.

• Assisted Marriott International in negotiating a set of management and financial agreements with the owner of the local hotel development (a USD 55 million transaction).

• Represented GlaxoSmithKline in settling a collective labor dispute.

• General assistance to Millennium Challenge Georgia Fund (MCG), the US Government-funded USD 300 million project concerning mainly infrastructure and tourism (awarded based on a competitive tender).

• Represented Enguri LLC, the largest Georgian hydropower generating facility in a mandate to achieve settlement with a Russian counterpart, in a multimillion USD investment related dispute.

• Represented a major British private equity fund in the development of the first and the largest Western-style gated community in Georgia, a USD 25 million project.

• Represented a major international hotel operator/chain in a dispute with the US Government.

• Acted as an arbitrator jointly nominated by the Government of Georgia and the Government of the Adjara Autonomous Republic in ICC arbitration proceedings involving a USD 33 million claim.

• Represented Paddy Power Betfair, one of the largest bookmaking and gaming companies worldwide in acquisition of controlling interest in the largest Georgian betting and gaming operators, with a sizable market share in Armenia. The transaction valued at Euro 116 million was dubbed as “the deal of the year” by the March 2019 issue of the Forbes Georgia Magazine.

• Represented Nestle, the world’s largest food & beverage company in a major cross-border M&A transaction in which Georgia was the key jurisdiction.

• Represented Apple, Facebook, Sony, HP, Huawei and H&M in various corporate, IP, labor law, customs and enforcement matters in Georgia.

EDUCATION, LANGUAGES, ADMISSIONS & MEMBERSHIPS, ACTIVITIES

Zaza graduated from Tbilisi State University, Department of International Law, earning his law degree with High Honors, and has a B.A. in international relations from Canisius College, a Jesuit school in Buffalo, New York.

A founding member of the Georgian Bar Association, Zaza served on the Executive Board of GBA between 2009 and 2013, where he chaired the Commercial Law Committee.

One of the original founders of the Association of Georgian Law Firms, Zaza served on the Board of AGLF between 2014 and 2017, where he headed Georgia’s first ever Pro Bono initiative.

Zaza is currently serving his 6^th term on the board of ICC Georgia, the National Committee of International Chamber of Commerce, the world’s largest business organization, where he used to chair the Arbitration Commission.

During 2009-2010, Zaza served as a member of the State Constitutional Commission, which prepared fundamental amendments to the Georgian Constitution.

Between 2002 and 2005 Zaza was an arbitrator at the Court of Arbitration of the European Chamber of Commerce in Georgia.

Zaza is the editor of Georgian Law Brief, BGIs monthly legal news bulletin.

Since 2022 Zaza been the Editor-in-Chief of the quarterly “Akhali Iveria” Magazine, published jointly by the Chavchavadze Center for European Studies and Civic Education, Friedrich Naumann Foundation for Liberty and the University of Georgia.

At various times, Zaza served on the boards of JSC Poti Seaport Corporation (Georgia’s largest port, 2008), JSC Teliani Valley (Georgia’s largest winemaker, 2010-2011), Foundation for Democracy and Development (2008), UNM (2013-2018), American Friends of Georgia, Inc. (Georgian Advisory Board), a US charity (2011-2014), the Georgian Vine Foundation (since 2012) and Caucasian Journal (since 2018).

In 1995 he was named Paul Harris Fellow of the Rotary International by Northlake Rotary Club of Atlanta, Georgia, USA and was named Will Watt Fellow by the Rotary Club of Northlake, Georgia, USA, in 1994.

Zaza is a founder of the Georgian Richard Wagner Society, engaged in translations and popularization of the great composers works for Georgian audience.

Zaza is a frequent speaker at various local and international fora, including business associations, professional and civic organizations.

Zaza writes frequently for leading Georgian print and online publications (Tabula, Forbes Georgia, Publika, Tskheli Shokoladi, Azrebi.ge – a website of Ilia State University and other leading Georgian periodicals). He is the author of several other books, research papers and publications.

Zaza often contributes to World Bank’s annual Doing Business publication and acts as a judge at various Moot Court competitions. He is also a ranked chess player.  

In addition to his native Georgian, Zaza speaks fluent English and Russian, and has a fair command of French and Spanish.