Firms To Watch: Commercial, corporate and M&A

REVERA law group, which specialises in work for clients in the technology sector, is a firm to keep an eye on, having launched in Georgia in March 2022.

Commercial, corporate and M&A in Georgia

BGI Legal

Praised for its ‘understanding of both Georgian legislation and international practices’, BGI Legal remains a key player in high-value multi-jurisdictional transactions, advising a diverse range of domestic and international corporate clients from sectors including energy, technology and telecoms. The practice has expertise on a wide range of commercial and corporate matters, including numerous corporate restructurings and the drafting of complex shareholder agreements. Lasha Gogiberidze and Zaza Bibilashvili lead the department, with the former highly experienced in project finance. Sandro Bibilashvili is well-versed in the financing of energy infrastructure projects. Tamara Tevdoradze and Unana Gogokhia are also noted.

Testimonials

‘Tamara Tevdoradze was available late into the evening and happy to take on the role of an extended team member if required. Her contribution was essential to getting a deal over the line in the required timeline. She also provided invaluable practical insights into local law matters.’

‘In two years of operating in Georgia we have obtained legal services in corporate and M&A matters from a few local firms. BGI stands out for effectively providing high quality legal services, demonstrating compliance with methods, and business ethics comparable to its peers in Europe and North America.’

‘Tamara Tevdoradze is highly recommended for being experienced, effective and responsive. She communicates and works in fluent English (in addition to Georgian and Russian).’

‘BGI Legal is the legal counsel we can rely on. Most importantly, they can undertake a variety of tasks – they are very flexible and put a lot of effort into complying with our requests and pinpointing the important details.’

‘Our matters were handled by associates and partners as well. They were precise and on point. The most valuable point is that they can work on matters that require the understanding of both Georgian legislation and international practices.’

Key clients

Korea Water Resources Corporation

Airbnb Ireland UC

Apple Inc

Facebook/ Meta Platforms Inc.

BP Georgia

MND Group NV

Marriot International

Vialis Belgium NV

CT Park

Embassies of Great Britain, Germany, France, the Netherlands, Israel, Japan, Switzerland, Hungary and Poland in Georgia

MSC Mediterranean Shipping Company

IHI Corporation

Ferrero International

Flutter Entertainment Plc (formerly, Paddy Power Betfair PLC)

Johnson & Johnson

International Committee of Red Cross; |International Federation of Red Cross and Red Crescent Societies

YUM Restaurants Russia LLC (KFC)

Kempinski

JVG Vastgoed Groep BV

Voith GmbH

Iveco S.p.A

Tokyo Electric Power Company Holdings, Inc. – TEPCO

Ninotsminda Oil Company

SOCAR Midstream Operations

BLC Law Office

The extensive offering at BLC Law Office includes the handling of complex company structurings, corporate governance and commercial transactions for an impressive roster of clients which includes a number of high-profile multinationals. The firm also advises on corporate acquisitions for companies from sectors such as crypto, banking and hospitality. Alexander Bolkvadze, Ketti Kvartskhava , Giorgi Batlidze, Tamta Ivanishvili, Lasha Uplisashvil and Rusa Tchkuaseli are the practice heads.

Practice head(s):

Alexander Bolkvadze; Ketti Kvartskhava; Giorgi Batlidze; Tamta Ivanishvili; Lasha Uplisashvili; Rusa Tchkuaseli

Key clients

SpaceX

Philip Morris

FINCA Group

SOCAR

KBOC

Aric Group

Adjara Group

Heidelberg Cement Georgia

Wizzair

Havi Logistics

AstraZeneca

Tbilisi Hills Golf & Residence

PACE Group

Global Benefits Georgia

Dentons

The team at Dentons assists with shareholder and share purchase agreements, joint ventures and corporate reorganisations, as well as specialising in the Georgian and English law-governed aspects of M&A transactions. The firm’s familiarity with entertainment law has also enabled it to advise on a number of filming and film production projects in Georgia. Avto Svanidze and Otar Kipshidze lead the team and are both highly experienced in complex corporate transactions. Senior associate Irakli Pipia provides additional expertise on commercial and real estate matters. The practice acts for clients from sectors including energy, gaming and transport.

Practice head(s):

Avto Svanidze; Otar Kipshidze

Other key lawyers:

Irakli Pipia

Key clients

Abbott Laboratories

Amazon Web Services

Bank of Georgia

Barwil Agencies

Cerberus Frontier

City Loft

FCC Aqualia

LP-Verkis

Silk Road Corporation

Universal Pictures International

Work highlights

  • Advising FCC Aqualia on the $180 mil acquisition of an 80% share in GGU from Georgia Capital Group.
  • Advising City Loft on the sale of 49% of shares in Adjarabet.
  • Assisting Cerberus Frontier on the sale of a minority interest in Bakhvi hydro power projects.

BLB (Business Legal Bureau)

‘A deep understanding of the business environment in Georgia’ allows the team at BLB (Business Legal Bureau) to advise NGOs, international companies, shareholders and other clients on their commercial and corporate activities in Georgia. These include permit negotiations, the drafting of employment contracts and various transactional matters.  The ‘always outstanding’ Kakha Sharabidze leads the team alongside Maya Mtsariashvili and David Khaindrava. ‘Responsive and smart lawyer’, Ana Rekhviashvili is also recommended for her ‘detail-oriented work’.

Practice head(s):

Kakha Sharabidze; Maya Mtsariashvili; David Khaindrava

Other key lawyers:

Ana Rekhviashvili

Testimonials

‘We’ve been working with BLB for several years already; they remain our unchanged counsel for a wide spectrum of legal matters. They are super-efficient and have a deep understanding of the business environment in Georgia. We always get highly qualified lawyers assigned to our projects that deliver business-oriented solutions.’

‘Kakha Sharabidze is the lead partner on our projects. His excellent negotiation skills and depth of knowledge of not only legal but also business and finance matters are always outstanding. Ana Rekhviashvili is a recently promoted partner who also works with our team. She stands out for her detail-oriented work; she is a very responsive and smart lawyer whom we always rely on with confidence.’

Key clients

Frontera Resources Corporation and its holding companies

A.P. Moller – Maersk

Sparkassenstiftung Georgia

Spectrum

APM Terminals B.V.

Old Energy

Gloria LLC

Black Sea Acqua Culture LLC –

Georgian individuals engaged in the production and operation of cyclotrons

Vere XXI

Work highlights

  • Advising Poti Sea Port Corporation and its sole shareholder APM Terminals in Georgia on the expansion project of the Poti seaport.
  • Advises AP Moller Maersk and its Georgian affiliate Maersk Georgia on various corporate, tax and commercial matters.
  • Represents Frontera Resources Corporation and its holding companies in corporate matters.

Gvinadze & Partners LLC

The diverse offering at Gvinadze & Partners LLC includes advising on cross-border M&A transactions, assisting international companies with employment, antitrust and IP matters and representing corporate clients in tax mandates. An ‘in-depth understanding of local Georgian laws‘ has also allowed the practice to assist blue-chip clients with corporate restructurings following recent changes to Georgian company law. Nick Gvinadze heads the practice; he is supported by Sophie Panjikidze  who offers expertise on free trade issues and Zakaria Shvelidze who is noted for his strong background in employment law.

Practice head(s):

Nick Gvinadze

Other key lawyers:

Sophie Panjikidze; Zakaria Shvelidze

Testimonials

‘In-depth understanding of local Georgian laws.’

‘High level of professionalism, good interpersonal relationships.’

Key clients

Viber Media SARL

G-Core Labs S.A.

Global Benefits Group

King & Spalding / Amazon, Coca-Cola

Reed Smith LLP

Energize Global Services, Inc.

Monster Energy

Robert Bosch

SPORTRADAR GROUP

Radio Free Europe/Radio Liberty Inc

Amplitude, Inc.

Covington & Burling LLC

Virtual Internet Services, Inc.

Branded Group SA

NEXTCLINICS International GmbH

SOCAR Midstream Operations Ltd.

Syneos Health

Dreymoor Fertilizers Overseas Pte. Ltd

EnerMech Limited

 

Work highlights

  • In collaboration with King & Spalding LLP, advising Amazon and the Coca-Cola Company on Georgian law regulations applicable to their operations in Georgia.
  • Assisting Rakuten and its subsidiary Viber Media SARL on all corporate and commercial law aspects of the launch of their activities and obtaining a special tax status in Georgia.
  • Providing corporate and commercial support to Robert Bosch, including on corporate structuring, tax, employment, data protection and competition law compliance matters.

MG Law Office

Regulatory advice, company restructuring and M&A make up some of the wide range of corporate and transactional work handled by the ‘highly professional team’ at MG Law Office. The practice also regularly assists with the drafting of complex joint venture agreements and advises venture capital investors on the financing of start-up companies. International and domestic clients come from a large range of sectors including energy, agriculture food and, increasingly, the cryptocurrency and blockchain space.  ‘Standout lawyerArchil Giorgadze, Nicola Mariani and George Svanadze lead the team and are supported by Ana Kochiashvili, Elene Gogichaishvili and Lasha Machavariani.

Practice head(s):

Archil Giorgadze; Nicola Mariani; George Svanadze

Other key lawyers:

Ana Kochiashvili; Elene Gogichaishvili; Lasha Machavariani; Ana Jikia

Testimonials

‘Motivated, highly professional team. High quality client service. Very dynamic team.’

‘Very talented and motivated. Very good ethics.’

‘MG Law is a team of professionals.’

‘The team at MG Law are excellent. They are knowledgeable, efficient and respond quickly. They have been able to deal with all issues that have arisen.’

‘I deal with four different lawyers within the team, Archil Giorgadze, Ana Kochiashvili, Ana Jikia and Elene Gogichaishvili. All have been extremely helpful, and they communicate with each other so there is never a delay even if someone is out of the office.’

‘There are a limited number of law firms in Georgia which operate at the standard expected by international law firms. MG Law is one of them. The team has strengths in a variety of areas including corporate, finance and dispute resolution.’

‘Archil Giogardze is a standout lawyer – a true trusted adviser.’

‘Extremely pleasant to collaborate with such a high professional team. I’d like to praise their immediate and effective actions in urgent cases.’

Key clients

Government of Ras Al Khaimah

Ras Al Khaimah Investment Authority Georgia LLC

Rakeen Uptown Development LLC

Schoenherr Attorneys at Law

JSC Georgian Railway

Evolution Georgia LLC

JSC Bank of Georgia

JSC Galt & Taggart

COSMOTE Technical Services and Monemvasia Shipping and Trading Co. Ltd

Baltic Business Development LLC

Mevolto Group

B.M Holdings LLC; Meni Benishb

Wolt

Work highlights

  • Advised foreign technology company on their Series A founding round to attract venture capital financing.
  • Advised a leading global consulting and construction firm with regards to the acquisition of a Georgian construction engineering company.
  • Advised a UK-headquartered international company specialising in non-ferrous metals trading and distribution on the potential acquisition of a property in Georgia.

PricewaterhouseCoopers Georgia LLC

With a strong track record in cross-border M&A deals, the team at PricewaterhouseCoopers Georgia LLC is able to handle high-profile transactions that are governed under Georgian law, New York law and English law.  The practice also advises on corporate issues such as data protection, employment and regulatory compliance. Vano Gogelia heads the practice and is recommended for his expertise in corporate restructuring. He is supported by Natia Kobosnidze.

Practice head(s):

Vano Gogelia

Other key lawyers:

Teona Zhizhiashvili; Natia Kobosnidze

Testimonials

It’s always a pleasure to work with the team. They have highly skilled professionals; fees are acceptable and flexible. Also, their staff is very friendly and easy to work with. ‘

Vano Gogelia is a super professional and easy-going guy.

Key clients

British Petroleum

Pharmax LLC

LC WAIKIKI GE LLC

International Energo Corporation LLC

JSC Credo Bank

JSC Georgian Beer Company

JSC Polat Yol Yapi Sanayi Ve Ticaret Branch in Georgia

Steel House LLC

McD Corporation

JSC Georgian Energy Development Fund

Work highlights

  • Advised Credo Bank JSC on post-merger integration following the acquisition of Finca Bank Georgia, areas such as employment, regulatory, commercial, corporate, data protection.
  • Advised Georgian Energy Development Fund on various compliance matters.
  • Advised Georgian Beer Company (GBC) on the development and implementation of a comprehensive compliance program in accordance with FCPA and UKBA.

EY LLC

EY LLC handles corporate restructurings, tax and legal due diligence for complex cross-border M&A transactions and the preparation and review of commercial agreements and amendments. Additionally, the team represents clients in business deals with domestic and international companies. Head of the team Tato Chantladze has experience of state-owned property privatisations, while Elene Sulkhanishvili is also recommended for her expertise in personal data protection.

Practice head(s):

Tato Chantladze

Other key lawyers:

Elene Sulkhanishvili

GLCC Law Firm

Acting for clients from the agriculture, real estate and energy sector, GLCC Law Firm has a strong track record in matters related to labour law: the firm handles disputes, employment agreements and trade union consultation for national and international companies. Additional areas of strength include the establishment of corporate structures that allow foreign investors to acquire agricultural land in Georgia.  The practice is led by Irakli Gaprindasvhili, who is praised for his ‘significant experience in real estate management, commercial and taxation issues’, and international transactions specialist Shalva Tskhakaya .

Practice head(s):

Irakli Gaprindashvili; Shalva Tskhakaya

Other key lawyers:

Keti Makhatelashvili

Testimonials

‘Great team.’

‘Excellent collaboration, immediate response to requests, professional attitude to problem resolution.’

‘Irakli Gaprindashvili is a very professional lawyer, highly responsive, always keeps to agreed timeframes. Keti Makhatelashvili is very friendly and motivated.’

Key clients

Mixture of contentious and non-contentious work

decent matter value, involver with closing of transactions in M&A and not just Due Diligence

Some cross-border work.

$2.9m acqusition on a bank apparently underway (came after sub)

A lot of work advisory/not too complex.

Work highlights

  • Represented JSC Ashmoonine Group on the acquisition of shares in real estate and development companies as well as the acquisition of over 600-hectare agricultural landowner company shares.
  • Advised DMN Georgia on the acquisition of Shares of Doesi Energy LLC which holds a memorandum with the government of Georgia for the construction and operation of Solar Panel plant.
  • Conducted the first labour audit for the hardware giant LTD Neotech – a company employing over 100 members of staff.

GRATA International

Formerly known as Kordzakhia Jgenti GP, GRATA International is active across the corporate and commercial spectrum including on compliance, labour laws and due diligence for companies considering establishing a presence in Georgia. Notable clients include multinational companies from the pharmaceutical, IT and aviation industry, with the firm recently acting as legal consultants in aircraft lease transactions. Irakli Kordzakhia and Sofia Roinishvili head the practice.

Practice head(s):

Irakli Kordzakhia; Sofia Roinishvili

Other key lawyers:

Nanuka Chkuaseli

Testimonials

‘Quite supportive and attentive team.’

‘Irakli Kordzakhia and Nanuka Chkuaseli are solution-oriented professionals.’

Key clients

Coca-Cola Mesrubat Pazarlama Danismanlik Sanayi ve Ticaret A.S.

Columbia University

St. Jude Children’s Research Hospital

BBAM

CENN

ACS Aero Gamma Ltd.

KPMG

Domus Aluminium

Energo Invest LLC

KT&G Tobacco

Aggreko

J&T Consulting LLC

The offering at J&T Consulting LLC includes advising on major M&A transactions, conducting negotiations on behalf of corporate clients and the drafting of corporate guidelines and contracts. The practice is jointly led by Giorgi Tsertsvadze, who is praised for his ‘communication and negotiation skills in three languages’, and Simon Takashvili, noted for his ‘uncompromising dedication to doing the most thorough work’. Clients are primarily national and international companies from sectors such as computing and software services, aviation and courier delivery services.

Practice head(s):

Giorgi Tsertsvadze; Simon Takashvili

Other key lawyers:

Mate Khvedelidze; Nana Turmanidze; Salome Beradze

Testimonials

‘Several juniors and one senior specialist deal with each case, which makes it convenient to manage the process. Also, the team is ready to work on non-working hours and days, if necessary, which makes you feel extra secure.’

‘The team as a whole is very professional, results-oriented, and has exceptional knowledge of the local market.’

J&T Consulting has been our ‘go-to’ law firm since 2016. Knowledge, focus and efficiency – are the underlying principles of the law firm. The team’s approach is very tailored with a well-established individual approach that ensures the best reflection of the client’s interests and is more than able to address high-value and complex matters with a level-headed approach. ‘

Key clients

Cobra Instalaciones y Servicios S.A. Branch Georgia

Lugoil terjola LLC

Pineo LLC

Branch of a foreign enterprise – “Tbilisi Metro Line 2”

Mercy Corps Georgia

Georgian Post LLC

TCA LLC

Air  Geo Sky

JV Anas International S.P.A. & Gestione Progetti Ingegneria Srl. & IRD Engineering srl.

Georgian Lottery Company

International Transport Management Company JSC

ITMC LLC

Basalt Fibers

Air Company Tusheti LLC

High-tech Solutions LLC

Retro Constructions LLC

Work highlights

  • Advised client on the acquisition of the second largest manganese concentrate mining company in the region of Caucasus.
  • Assisted in concluding a $60m contract aimed at the formation of a joint venture in a tender offer between Cobra Instalaciones y Servicios S.A and a Georgian company.
  • Provided expertise to the Business Institute of Georgia, to facilitate cooperation between supermarkets and milk processing enterprises to create equal and fair conditions for trade.

Nodia, Urumashvili & Partners

Nodia, Urumashvili & Partners handles a range of commercial and corporate issues for clients operating in Georgia, including matters which require multi-jurisdictional coordination. The team is also active on cross-border M&A transactions and recently assisted energy company Industrieliegenschaftenverwaltung AG with the purchase of minority shareholding in Georgian hydro plant operators. Founding partner Lasha Nodia heads the practice alongside the ‘proactive, reliable and responsive’ Vakhtang Gamtsemlidze. Giorgi Kekenadze is also noted.

Practice head(s):

Lasha Nodia; Vakhtang Gamtsemlidze

Other key lawyers:

Giorgi Kekenadze

Testimonials

‘The team boasts outstanding legal professionals with extensive experience and knowledge in commercial, corporate and M&A practice. The firm delivers an exceptionally high standard of legal service. The practice provides professional advice on strategic matters both from a legal and business perspective; it ensures comprehensive risk assessment and demonstrates outstanding diligence in pursuing the assigned tasks.’

‘Vakhtang Gamtsemlidze – is an outstanding legal professional with extensive experience and expertise, ensuring a high standard of legal service.  Vakhtang is proactive, reliable and responsive to the needs of the client at all times.’

Key clients

Majid Al Futtaim Hypermarkets Georgia (Carrefour Georgia)

Amring Pharma SRL

JSC Goodwill

ResponsAbility Investments AG

B&N LLC

Industrieliegenschaftenverwaltung

Mukhrani Development Fund

PEER

Kolkheti LLC

JSC Crystal

Bluorchard Finance

JSC GPI Holding

Work highlights

  • Advised Industrieliegenschaftenverwaltung AG on the acquisition of a minority stake in local entities operating hydro plants.
  • Advised ResponsAbility Investments AG on the enforcement of promissory notes issued to recipients in Georgia.
  • Advised Amring Farma SRL regarding setting up its operations within CIS Countries, and also supporting the client in negotiations with their suppliers in Uzbekistan and Kazakhstan.

VBAT

VBAT assists international and local clients in a range of regulatory and corporate matters, including corporate restructuring, as well as advising on acquisitions and complex cross-border transactions. Founding partners Davit Kikaleishvili and Davit Kvachantiradze lead the team. Tinatin Tskhvediani provides support, notably on corporate governance and multi-jurisdictional employment mandates.

Practice head(s):

Davit Kikaleishvili; Davit Kvachantiradze

Other key lawyers:

Tinatin Tskhvediani

Key clients

Blauenstein Georgia LLC

EVS Wealth Management

Golden Fleece LLC

Nobel Ilaç Sanayii ve Ticaret Anonim Sirketi

Toyota Center Tbilisi LLC

City Pay LLC

Westminster Foundation for Democracy

BD Property LLC (Tbilisi Gardens)

Consulente Enologica SRL

Advanced Medical Technologies and Services (AMTS)

Fashion House Materia LLC

CBD Development (East Point Mall)

JoAnn Medical Center LLC

PMO LLC

Leasing Expert LLC

Black & Veatch Special Projects Corp.

Night Show Studio

TVO2 LLC

NS Studio LLC

Akhmeta Wine House LLC

Winery LLC

Foodoliz LLC

Optima Hill LLC

InvestorTV LLC

GL Development LLC

Kazbegi Development LLC

Startup Georgia LLC

JSC Partnership Fund

Leader Invest LLC

Constant branch of Co LTD China Railway 23rd Bureau Group

Georgian Property Management LLC

Beach Building LLC

Ezo LLC

Big Era Games LLC

Georgian Karting School LLC

Work highlights

  • Advised Consulente Enologica SRL on various regulatory and corporate matters, including the acquisition of a Georgian company.