Case Details

Mirian G. Dekanoidze and T.G. Trade LLC v. Georgia (ICSID Case No. ARB/23/45)

Subject of Dispute:

Acquisition of shares
Economic Sector:

Transportation
Instrument(s) Invoked:

BIT United States of America - Georgia 1994
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Mirian G Dekanoidze (U.S.), T.G. Trade LLC (Georgian)
Respondent(s):

Georgia (Georgian)
Date Registered:

October 3, 2023
Date of Constitution of Tribunal:

March 8, 2024

Composition of Tribunal

President:

Judith LEVINE (Australian, Irish) - Appointed by Co-Arbitrators
Arbitrators:

Hamid G. GHARAVI (French, Iranian) - Appointed by the Claimant(s)
Attila Massimiliano TANZI (Italian) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

DLA Piper France, Paris, France
Van Z Krikorian, NY, U.S.A.
Respondent(s):

Withers, London, U.K.
Ministry of Justice of Georgia, Tbilisi, Georgia
Language(s) of Proceeding:

English
Status of Proceeding:

Pending
Latest Development:

January 20, 2025 - The Tribunal issues a decision on the Respondent’s objection pursuant to ICSID Arbitration Rule 41(3).

(a) Original Proceeding

Published Decisions

Procedural Order No. 1

Procedural Order No. 2

Available on the ICSID Website

Procedural Order No. 1 (September 5, 2024) English (Original)

Procedural Order No. 2 (September 5, 2024) English (Original)

(a) Original Proceeding

Date	Development
October 3, 2023	The Secretary-General registers a request for the institution of arbitration proceedings.
December 21, 2023	Following appointments by the Claimants, Hamid Gharavi (French/Iranian) accepts his appointment as arbitrator.
January 26, 2024	Following appointment by Respondent, Attila Tanzi (Italian) accepts his appointment as arbitrator.
March 8, 2024	Following appointment by her co-arbitrators pursuant to the parties’ agreement, Judith Levine (Australian/Irish) accepts her appointment as presiding arbitrator.
March 8, 2024	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Judith Levine (Australian/Irish), President, appointed by her co-arbitrators pursuant to the parties’ agreement; Hamid Gharavi (French/Iranian), appointed by the Claimants; and Attila Massimiliano Tanzi (Italian), appointed by the Respondent.
April 17, 2024	The proceeding is suspended for non-payment of the required advances pursuant to ICSID Administrative and Financial Regulation 16(2)(b).
July 17, 2024	The proceeding is resumed following payment of the required advances.
July 19, 2024	The Respondent files an objection that the claim is manifestly without legal merit pursuant to ICSID Arbitration Rule 41(1).
August 6, 2024	The Tribunal holds a first session by videoconference.
September 5, 2024	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
September 5, 2024	The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.
October 4, 2024	The Claimants file observations on the Respondent’s objection that the claim is manifestly without legal merit.
October 21, 2024	The Respondent files a reply on the objection that the claim is manifestly without legal merit.
November 7, 2024	The Claimants file a rejoinder on the objection that the claim is manifestly without legal merit.
November 13, 2024	The Tribunal issues Procedural Order No. 3 on the organization of the hearing on the Rule 41 objection.
November 19, 2024	The Tribunal holds a hearing on the Respondent’s objection that the claim is manifestly without legal merit by videoconference.
November 25, 2024	The Tribunal issues Procedural Order No. 4 concerning post-hearing matters.
January 20, 2025	The Tribunal issues a decision on the Respondent’s objection pursuant to ICSID Arbitration Rule 41(3).