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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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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

BGI Legal is ‘exceptional' in M&A, financing and real estate, and is especially prominent in the energy sector. Lasha Gogiberidze, whom clients regard as ‘the top lawyer in Georgia for banking, finance and capital markets transactions', and Sandro Bibilashvili handled a number of innovative regional energy projects and joint ventures, such as the Adjaristsqali hydropower project.

Legal 500 - 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