News
BGI Special Alert - The “Russian Law” and Tax Relief for Transferring Offshore Assets
24 April 2024
On 3 April 2024, Georgia’s ruling “Georgian Dream” (GD) party introduced a bill on Transparency of Foreign Influence, widely dubbed as the “Russian Law”. By submitting this bill, GD revived an almost identical bill initiated in the Parliament in February 2023, which was effectively withdrawn after massive public protests in March 2023 accompanied by a public promise by the then GD chairman, the current Prime Minister Irakli Kobakhidze, that the bill would never be reintroduced. Despite mass protests, on 17 April 2024, 83 GD- controlled MPs voted to pass the bill in the first reading. The bill still needs to be passed by two more readings and signed by the president to become a law (in case the president vetoes the bill, GD can override the veto with simple majority of votes).
Outstanding year of achievement in Legal 500 2024
28 March 2024BGI Legal is delighted to report this year yet again a record number of rankings - totalling 26 - in the Legal 500 2024 edition just published.
Chambers Europe 2024: BGI Legal celebrates top rankings in Dispute Resolution and General Business Law
18 March 2024We take much pleasure in announcing that BGI Legal has achieved another year of great success in Chambers Europe 2024 with no other Georgian firm receiving more rankings in the latest guide.
BGI Legal Achieves Top-Tier Recognition by Chambers and Partners
19 February 2024BGI Legal has maintained its elite BAND 1 status in the latest Chambers Global Guide, cementing its market leader position for yet another consecutive year.