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BGI Legal wins landmark case on behalf of Coca-Cola Bottlers Georgia

BGI Legal has just won a landmark case on behalf of Coca-Cola Bottlers Georgia, the largest bottler and distributor of soft drinks in Georgia. The Supreme Court of Georgia granted BGI's application to refuse recognition and enforcement of a foreign arbitral award rendered by an ad hoc tribunal seated in London. 

The Supreme Court ruled that the arbitration award was not subject to recognition and enforcement under the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards on the grounds that the award contained decisions on matters beyond the scope of the submission to arbitration.

“The ruling of the Supreme Court of Georgia proves that the courts of Georgia are ready to apply international standards to recognition and enforcement of foreign arbitral awards and follow best practices in this field”, says Sandro Bibilashvili who led BGI's team to this success. “We believe that this decision will serve as a guideline for practitioners and increase the level of certainty for parties seeking enforcement of arbitration awards”, noted Mr. Bibilashvili.

Vastly experienced market-leading firm assisting international and regional clients with all manner of corporate and commercial matters. Particularly well versed in project financing and loan agreements. Clients say: "The lawyers are detail-oriented and are always very helpful... Among the leading firms in Georgia."

Chambers Europe - 2016

BGI is one of Georgia's leading firms in all areas of corporate law and in energy and infrastructure has acted on key projects in the oil and gas, energy, transport infrastructure areas. Previous comments have included: "Very good law firm for this jurisdiction...very knowledgeable, they get the job done on time and on budget...they are very professional and good lawyers". Thanks for universal praise from competitors and clients alike, BGI sits comfortably in the top tier... BGI is client-focused and solution-oriented... [with] excellent local counsel, not just for Georgian standards, but by international standards... [A major international client says:] "In terms of local law firms... I have a strong preference for BGI."

IFLR1000 - 2017

Legal director Unana Gogokhia focuses on financial transactions, and stands out for her experience of capital markets and derivatives. Clients appreciate her ability to "look at the issue very scrupulously and bring up points in the transaction that none of the other parties spotted." Sandro Bibilashvili is increasingly recognised in the market. He is involved in some of the firm's biggest project finance mandates and has recently been active working on energy projects. Counsel Tamara Tevdoradze enters the rankings on the back of positive praise. "She is very reliable, accurate and punctual, thinks in a very logical way and has very strong arguments," a client says

Chambers Global - 2017