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News

Major acquisition in the banking sector

30 October 2009
In September 2009 our clients, Liberty Holdings and its wholly owned subsidiary in Georgia, Liberty Capital LLC completed the acquisition of JSC Peoples Bank of Georgia, the last remaining systemic bank of the country.

 

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Privatization transaction

30 September 2009
BGI recently represented the Georgian Government in a USD 90 million privatisation transaction of a major port and infrastructure facility with a view to establishment of a free industrial zone.

 

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Mezzanine loan transaction financing

30 August 2009
BGI recently represented Citigroup in a USD 25 million mezzanine loan financing of a leading US-Georgian real estate developer and operator.

 

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Greenfield hydro-power development

30 January 2009
BGI`s team recently advised the Georgian Government jointly with Norway s ECON Poyry on the development of seven greenfield hydro-power stations.

 

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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
A leading figure in capital markets and M&A, Lasha Gogiberidze has an enviable track record of acting on the market's highlight deals, primarily advising banks, including international developmental institutions. He wins praise for his responsiveness and is described as "very client-focused and understanding of our needs."

 

Chambers Global - 2018

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