The Independent Nature of the Bank Guarantees – Selected Case Law of Georgian Courts
22 December, 2018
On 15-17 October 2018 the International Chamber of Commerce (ICC) Banking Commission Technical Meeting was held in Tbilisi, Georgia. Over 200 participants from 50 countries attended the meeting.
The major topics of discussion included: Georgia’s role as a technology hub, launch of the ICC Digital Road Map, Survey report on the legal status of electronic bills of lading, E-compatibility of ICC rules, ICC Rules for Experts.
Daduna Kokhreidze and Ketevan Kharebava, partner and associate at Nodia, Urumashvili & Partners, participated as invited guests on the ICC Banking Coammission legal committee meeting held on 16 October 2018.
Ms. Kokhreidze and Ms. Kharebava made the presentation for the members of the ICC Banking Commission Legal Committee meeting. The presentation covered overview of Georgian commercial law with a particular focus on the Georgian case law on the independent nature of the bank guarantees, as well as the overview of dispute resolution mechanisms in Georgia. The presentation was published on the website of the ICC legal committee. The slides are available at: https://www.icc-austria.org/en/Trade-Finance/ICC-BC-Legal-Committee/Publications/Guest-Presentations.htm
Other News Letter
13 February, 2026
Chambers Global Guide 2026
Nodia, Urumashvili and Partners is delighted to share that we have once again secured a Band 2 ranking in the Chambers Global Guide, reaffirming our place among Georgia’s top law firms in General Business Law. The Ranking reflects the strength of our team, the trust of our clients, and the consistency of our expertise. We are pleased to share that our Managing Partner, Lasha Nodia, has once again been distinguished as a Leading Practitione...
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22 August, 2025
International Arbitration Guide
Chambers has released its International Arbitration Guide, covering up to 60 jurisdictions. If you're interested in Georgia’s arbitration framework and recent court decisions, refer to the Georgia chapter prepared by Nodia, Urumashvili & Partners. Please follow the link for publication: International Arbitration Guide 2025
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