Legal Publications

The prohibition of abuse of a dominant position constitutes a fundamental pillar of competition law enforcement in Georgia. While the mere possession of market power is not unlawful, the exercise of such power in a manner that distorts competition is strictly regulated. The Law of Georgia on Competition (the “Competition Law”) establishes the legal framework […]

Security interests such as pledges and mortgages are designed to ensure that creditors have effective remedies in the event of a debtor’s default. While the creation and registration of security interests establish the creditor’s preferential right, the practical value of such security ultimately depends on the enforceability of that right. Georgian law provides a structured

Financial distress and insolvency are critical legal concepts affecting both businesses and their creditors. Georgian law establishes a structured framework for determining when a company is considered insolvent and for initiating insolvency proceedings. The primary legislation governing this area is the Law of Georgia on Rehabilitation and Collective Satisfaction of Creditors (the “Insolvency Law”), which

Georgia has developed a comprehensive regulatory framework governing gambling activities under the Law of Georgia on Organizing Lotteries, Games of Chance and Other Prize Games (the “Gambling Law”). The legislation expressly recognizes peer-to-peer (“P2P”) gaming – a format in which players compete directly against one another rather than against the operator – and subjects it

Capital markets play an increasing role in the development of Georgia’s financial system by facilitating capital formation, investment opportunities, and market transparency. The principal legal framework governing this sector is the Law of Georgia on Securities Market (the “Law on Securities Market”), originally adopted on 24 December 1998 and subsequently amended, most recently in December

Georgia has developed a robust legal framework for intellectual property protection. The cornerstone of this framework is the Law of Georgia on Copyright and Related Rights (the “Copyright Law”), which governs the creation, use, transfer, and licensing of intellectual property. The National Intellectual Property Centre of Georgia („Sakpatenti“) serves as the primary regulatory authority responsible

Security interests play a central role in commercial transactions in Georgia, enabling creditors to mitigate credit risk and enhance the enforceability of their claims. The Civil Code of Georgia (the “Civil Code”) establishes a detailed legal framework governing pledges and mortgages, defining their creation, scope, priority, and registration requirements. This article provides an overview of

Netflix and Warner Bros. Discovery (Warner Bros) have signed, but not yet completed, a merger agreement for Netflix to acquire Warner Bros’ film and television studios together with HBO and HBO Max, valued at about 72 billion US dollars in equity and roughly 82.7 billion US dollars enterprise value. Closing is structured to occur after

Georgian labour legislation addresses heavy, harmful and dangerous work (the Harmful Work) through specific regulatory frameworks designed to protect employees. The comprehensive list of Harmful Work categories, along with the criteria for evaluating such work, is established by Order No. 147/n (the Order). Importantly, this list is not exhaustive, meaning that work not explicitly enumerated

The Law of Georgia on Rehabilitation and the Collective Satisfaction of Creditors’ Claims (the Insolvency Law) establishes a comprehensive legal framework governing the treatment of creditors in insolvency proceedings. The stated objective of the Insolvency Law is the collective satisfaction of creditors’ claims, primarily through the rehabilitation of the debtor where feasible, and, where rehabilitation