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
Status of Proceeding:

Pending
Latest Development:

July 17, 2024 - The proceeding is resumed following payment of the required advances.

No References Available.

(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.