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BGI Legal acts as counsel for BG Capital and TBC Bank

18 March 2014

BGI Legal has recently acted as counsel in the first-ever bond issuance in Georgian lari placed by the EBRD (European Bank for Reconstruction and Development) in Georgia. The two-year bond was equally subscribed by TBC Bank and JSC BG Capital, who acted as the lead managers and underwriters to the transaction.

The deal will undoubtedly support the development of the local capital markets and as Vakhtang Butskhrikidze, CEO of TBC Bank remarked, "This new bond issuance will increase access to local currency financing, which is an important source for business growth in Georgia".

Bruno Balvanera, EBRD Director for Caucasus, Moldova & Belarus said, “This is a very significant step for the Georgian local capital market. It brings a new instrument for investors and, at the same time, allows the EBRD to diversify its source of lari and to continue lending to companies in need of long-term financing in local currency".

Lasha Gogiberidze who led BGI's team commented, “In line with our long established tradition for representing clients in a flagship transaction, we are very proud to have been part of the effort in bringing this project to a successful conclusion”.

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BGI remains at the top of the new Chambers Global 2014 rankings

14 March 2014

The recently released Chambers Global 2014 rankings confirms BGI Legal as one of the top firms in Georgia. Three of the firm's lawyers are ranked by the legal directory including two top tier rankings for partners, Zaza Bibilashvili who is 'singled out as one of the best advisors on the local market'  and Lasha Gogiberidze who is 'the fist port of call for many international clients.'

 

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Giorgi Sarajishvili promoted to senior associate

29 January 2014

Giorgi Sarajishvili has been appointed as a senior associate at BGI Legal. He joined the firm in 2010 and has regularly represented foreign investors and local companies operating in various fields of business. His key practice areas include litigation, arbitration, intellectual property, taxation and corporate law.

 

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Sandro Bibilashvili promoted to partner

29 January 2014

BGI Legal confirmed Sandro Bibilashvili's appointment to partner with effect from January 1st 2014. Whilst Sandro originally joined BGI Legal in January 2002, he has also spent time working in both other parts of Europe and the USA.

A CEDR accredited mediator, Sandro is keenly involved in all aspects of litigation, arbitration & mediation, corporate and commercial law, contracts, M&A, labour law, environmental law, securities, real estate & construction. He has worked on some of the firm's major deals in recent times.

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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

Solid team with vast experience of handling a wide spectrum of corporate and commercial as well as financial matters. Particularly well versed in project finance and boasts an impressive track record in some of the country's biggest energy and infrastructure projects. Popular choice for prominent international and local clients, including financial institutions and corporates from an array of industry sectors. Clients are impressed with the team's approach, saying: "The best thing is their coming up with proactive advice and suggesting a structure. They are able to work under pressure and respond immediately." Another client adds: "As soon as we give them a project we don't need to double-check anything." Other typical comments are: "They are a top-tier firm on the market with highly skilled, efficient and solution-oriented lawyers."

Chambers Europe - 2017

The four-partner team at BGI Legal provides a ‘responsive, proactive and solution-oriented service to a wide range of international corporates both directly and on a referral basis from major international law firms; it has built a strong reputation acting for investors and lenders on many of the country s largest projects. The ‘excellent Lasha Gogiberidze has led the team s work in several major energy mandates, including advising an Asian investor on a hydropower project. Gogiberidze is also regularly involved in financing work, including inter-bank lending, regulatory lending (to comply with capital adequacy requirements) and capital markets work, where Unana Gogokhia is also establishing a strong reputation.

Legal 500 - 2016