Region: Georgia

Georgian roads authority on a winning streak

Georgia says its roads department has won US$64 million across a trio of ICC arbitrations over terminated contracts for a highway project.

05 August 2022

Italian contractor liable in Georgian highway dispute

An ICC tribunal has ordered an Italian construction company to pay around US$22 million to Georgia in a dispute over a terminated highway construction project.

11 July 2022

ICSID panel says inter-state negotiation clause doesn’t derail claim

An ICSID tribunal has dismissed Georgia’s preliminary objection to a case concerning a local internet provider, holding that a pre-arbitration inter-state negotiation clause lacks “bite” and only required the investor to issue notice of its claim.

20 June 2022

Georgia ordered to pay damages in tariff dispute

An ICSID-administered tribunal has issued a partial award requiring Georgia to pay US$80 million to a Russian energy group in a dispute over tariffs.

03 December 2021

Award surfaces in Georgian oil block dispute

The tribunal that ruled against Houston-based Frontera Resources in a multibillion-dollar dispute over a Georgian oil and gas block found no evidence that the company had made a discovery or drilled any wells at the site, it has emerged.

26 July 2021

Sachs stays on ICSID panel after removal from parallel case

ICSID has rejected a port investor’s bid to disqualify Klaus Sachs from hearing a claim against Georgia, after the German arbitrator was removed from an overlapping ICC case.

19 July 2021

ICC disqualifies Sachs over related ICSID appointment

LINK TO DECISION ADDED: The ICC Court has disqualified German arbitrator Klaus Sachs from hearing a port developer’s claim against Georgia in light of his appointment by the state in an overlapping ICSID case – citing the risk he could prejudge issues and have access to information denied to his co-panellists.

12 March 2021

Swiss award against Glencore upheld at third attempt

A Swiss court has upheld an award that found commodities trader Glencore liable for abuse of rights in a dispute with a former partner in a Georgian mining project, having overturned two previous awards by the same tribunal.

17 February 2021

Georgia faces renewed claim over oil and gas block

A Gibraltar entity has threatened to bring a US$22 million Energy Charter Treaty claim against Georgia over an oil and gas block – more than a year after its Australian parent company withdrew an ECT claim over the same project.

15 January 2021

Georgian International Arbitration Centre (GIAC)

27 January 2020

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