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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.

Zaza Bibilashvili is a highly respected corporate and disputes lawyer with significant practical experience in real estate transactions. Clients note his creativity and availability.

Chambers Global - 2018

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

"One of the leading firms in Georgia adept at both finance and corporate work". Client feedback: "Very good law firm for this jurisdiction. Strong knowledge." - Banking and finance, Restructuring and insolvency. Of Lasha Gogiberidze: "Good communication skills, responsive." Previous comments have included: "BGI Legal is one of the leading firms in Georgia adept at both finance and corporate work...Very good law firm for this jurisdiction...very knowledgeable, they get the job done on time and on budget". Lasha Gogiberidze is described as "prompt and quick to point out problems and pitfalls".

IFLR1000 - 2018