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New regulatory development in Georgia

31 December 2013

In accordance with the Law of Georgia on Personal Data Protection (the “Law”), the Personal Data Protection Inspector (the “Inspector”) was appointed by the Government of Georgia this summer. The Inspector's office is now fully functional (although certain functions with respect to the private sector will only enter into force on January 1st 2016) and a meeting was held with the public and private sector last Friday. The Inspector informed the audience that her office is about to start implementing and enforcing the Law. Accordingly, every public or private entity (which has at least 20 employees) has to submit information about its “personal data filing system” to the Inspector prior to January 30, 2014.

The Law defines “personal data filing system” as any structured set of personal data which is arranged and accessible according to the specific criteria.

The form of submission (i.e. notification form) has been elaborated by the Inspector's office and approved by the Inspector. Note also that transfer of personal data abroad (even to the founding entity or head office) is subject to the Inspector's prior approval.

Please let us know if you have any questions.

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Another rising star at BGI Legal

22 October 2013

The latest IFLR1000 rankings have confirmed partners, Zaza Bibilashvili and Lasha Gogiberidze as leading lawyers with senior associate, Unana Gogokhia cited a s a 'rising star' in both Banking & Finance and Capital Markets. Senior associates, Tamara Tevdoradze and Ekaterina Aleksidze who previously practised at Ernst & Young, were also referenced for their corporate transactions work. The new rankings have reinforced BGI's position as the leading independent local law firm.

 

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Aircraft Finance Online

22 July 2013

This article was first published in Aircraft Finance Online, November 2012 by Sweet and Maxwell and is reproduced with their permission. Please click here to view the chapter.

 

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Chambers Global directory has included another BGI lawyer in its rankings.

16 April 2013

BGI Legal is delighted to note that the recently published Chambers Global directory has included another BGI lawyer in its rankings saying, 'Experienced senior associate Ekaterina Aleksidze handles a broad range of legal matters including corporate, banking, labour, IP and property law. “Her skills are unquestionable,” according to interviewees.' 

 

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Lasha Gogiberidze maintains an excellent reputation for his expertise in capital markets and project finance, handling some of the market's most prominent lending transactions. Clients highlight him as an "open-minded" practitioner who "always comes up with a good solution" and provides advice which is "straight to the point and concise." Zaza Bibilashvili has experience of handling some of the biggest mandates in the market, most recently advising on substantial real estate projects. He is also a noted practitioner in the dispute resolution arena.

Chambers Global - 2017

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