ICSID - International Centre for Settlement of Investment Disputes

11/07/2024 | Press release | Archived content

Procedural Order No. 2

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: (i)
    BIT United States of America - Georgia 1994
  • Applicable Rules:
    ICSID Convention - Arbitration Rules

(a) Original Proceeding

  • Claimant(s)/Nationality(ies): (i)
    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
  • 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:
    November 13, 2024 - The Tribunal issues Procedural Order No. 3 on the organization of the hearing on the Rule 41 objection.

(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.