Tag: Georgia

Ioannis Kardassopoulos and Ron Fuchs v. Republic of Georgia

Ioannis Kardassopoulos and Ron Fuchs v. Republic of Georgia

Two oil traders have been awarded more than US$45 million each in damages from the Republic of Georgia in an ICSID award that advances a broad interpretation of the fair and equitable treatment (FET) standard. Ioannis Kardassopoulos v Republic of Georgia, ICSID Arbitration, (No. ARB:05:18, No ARB:07:15) Award dated 3 March 2010

Bidzina Ivanishvili v. Republic of Georgia

Bidzina Ivanishvili v. Republic of Georgia

On November 30, 2012, prior to the constitution of an Arbitral Tribunal, the ICSID Secretariat received a letter from the Claimant, requesting the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44. Respondent consented. The Secretary-General issued the order on discontinuance of the proceeding. Bidzina Ivanishvili v Republic of Georgia, ICSID Arbitration (No. ARB:12:27), […]

Conference on Arbitration in South Caucasus Held in Georgia

Conference on Arbitration in South Caucasus Held in Georgia

The Annual International Conference from the cycle of “Arbitration and Mediation in Central and Eastern Europe and Some Asian countries” was held in Batumi, Georgia on September 21-22, 2011. The Chamber of Commerce and Industry of Republic of Adjara (Georgia) and Polish Society for Arbitration and Mediation (Poland) organized the conference, which was hosted by […]

By 6 October, 2011 0 Comments Read More →
Arbitration as a Dispute Resolution Mechanism for Interstate Conflicts

Arbitration as a Dispute Resolution Mechanism for Interstate Conflicts

The International Court of Justice is currently considering the first ever case in which Russia is a party. The dispute was initiated by Georgia which alleged violations of the International Convention on the Elimination of All Forms of Racial Discrimination. Georgia argues that, since 1990 Russia directly and through its controlled entities of Abkhazia and […]