News and Publications

Distribution of Dividends

Investors purchase shares to obtain return on their investment. They expect to obtain profit on their investment in the form of regular dividends. In many cases for minority shareholders the dividends are the only form of return on specific business investments. Minority shareholders have limited control over the decisions of the corporate directors and the majority shareholders.

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THE UN COURT SAYS IT HAS JURISDICTION TO HEAR UKRAINE’S CLAIMS AGAINST RUSSIAN FEDERATION

MG Law Office, through the contribution of partners Archil Giorgadze and Nicola Mariani, joined by senior associates Ana Kochiashvili and Tamar Jikia and associates Mariam Kalandadze and Vakhtang Giorgadze and paralegal Lasha Machavariani is partnering with GEORGIA TODAY on a regular section of the paper which will provide updated information regarding significant legal changes and developments in

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Cooperation with Granville KM

MG Law Office is proud to announce that as a result of our successful cooperation with Granville KM, the most up-to-date information about merger control regulations in Georgia will be accessible by international competition lawyers among more than 100 jurisdictions covered by Granville KM database. Granville KM (granvillekm.com) is a knowledge management platform which reaches out worldwide

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Anatomy of Corporate Law: A Comparative and Functional Approach

Ana Kochiashvili, Senior Associate at MG Law Office, has worked on Georgian the translation of the “Anatomy of Corporate Law: A Comparative and Functional Approach” (3rd ed.). The Georgian translation from the original work has been arranged by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with Oxford University Press and has recently been published. The Anatomy of

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MG Law and Free University memorandum

We are pleased to announce that as part of its positive academic engagement MG Law Office has concluded a memorandum of understanding with the Free University of Tbilisi. Both being ranked as the leaders in the regional market our seamless cooperation aims to advance ample academic and career possibilities for emerging legal professionals. MG Law Office will

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MG Law Office started cooperation with Fair Trees Fund

As part of its pro bono initiative, MG Law Office is happy to announce the start of its cooperation with Fair Trees Fund, which is a fund dedicated to improving the living standards locally in Georgia. We at MG Law Office undertake our social responsibility to give back to the community in which we live and work

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MG Law Office continues to encourage and fund future lawyers

This time, another first-year student of Free University of Tbilisi Law School, Ana Tabatadze, was awarded the Sponsorship Certificate by MG Law lawyer Ana Kochiashvili. She was selected for her distinctive achievements in the Common National Entrance Exams. The tuition fee for her first academic year will be fully funded by MG Law Office.

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Changes related to the Residence Permit of Georgia

On 30 May 2019, the Parliament of Georgia adopted amendments to the law of Georgia on the Legal Status of Aliens and Stateless Persons (the “Law on Aliens”), which will be effective from 5 July 2019. The amendments to the Law on Aliens change the rules related to granting work residence permit, investment residence permit and short-term

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Proposed changes related to ownership of agricultural lands by foreigners

Over the course of last years, the issue of ownership of agricultural lands by foreigners has sparked heated discussions. On 16 December 2018, the new Constitution of Georgia (the “Constitution”) entered into force, which determined that agricultural land, as a resource having significant nature, shall only be owned by the state, self-governing entity, citizen of Georgia or

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Russia wins a landmark dispute in the World Trade Organization

The World Trade Organization (the WTO) is a Geneva-based international organization with 164 members representing 98 percent of global trade. The idea of the WTO is to promote free trade between nations and ensure that global trade flows within the rules that exist under the framework of the WTO. One of the main functions of this organization

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MG Law is pleased to welcome its new Intern

We are excited to introduce Lasha Machavariani, who has joined MG Law as an Intern. Lasha is in the process of obtaining his bachelor’s degree in law from Free University. He has previously completed an internship as an Analytic at Georgians Reforms Association’s project FactCheck. Lasha is a participant of the Annual 26th Willem C. Vis International

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MG Law is pleased to welcome its new Associate

MG Law is pleased to welcome its new Associate, Vakhtang Giorgadze. Vakhtang has obtained a Master’s degree in International Dispute Settlement from University of Geneva/Graduate Institute of International and Development Studies, and a Bachelor of laws from Free University of Tbilisi. Among many of Vakhtang’s accomplishments is working as a Young Professional at the Legal Affairs Division,

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MG Law Office is Tier 1 in Legal 500 EMEA

MG Law Office has been ranked as Tier 1 in Legal 500 EMEA publication. We are a leading law firm in Commercial, Corporate and M&A as well as Dispute Resolution practice areas in Georgia. Archil Giorgadze, Managing Partner, has been designated as “Leading Individual”. We would like to share this success with our clients who have put

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Introduction of qualified electronic signature and qualified trust service providers in Georgia

Starting from 1 January 2019, companies and organizations that are engaged in business deals with administrative bodies of Georgia are obliged to conduct such affairs via electronic documents signed by qualified electronic signature or qualified electronic stamp through electronic means of communication. As of now, this rule applies to public procurements. In general, the qualified electronic signature

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On the Georgian Labor Safety Law

Labor safety regulations in Georgia have become a topic of active discussion leading to adoption of the new Law of Georgia on Labor Safety (the “Law on Labor Safety”). Part of the requirements under the Law on Labor Safety entered into force upon publication on 21 March 2018, while others entered into force from 1 August 2018.

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Encouraging future lawyers

MG Law is always trying to support our community.  This week,  Archil Giorgadze presented a sponsorship certificate to a first year law student at Free University – Mariam Bibiluri, who had distinguished national exam scores. This means that MG Law will cover Mariam’s first year tuition. We are honored to participate in the process of laying down

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Potential of Blockchain Technology in Georgia

Blockchain has become an essential modern technology not only for virtual currencies, but it has also demonstrated high potential of revolutionizing daily operations of private business as well as the state entities. The technology represents a cryptographically-secured transaction record created without the intervention of a central authority. Due to its technological peculiarities, blockchain is being considered as

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MG Law advises the Government of Georgia on Pension Reform

Within the framework of the World Bank Group support to the authorities of Georgia under the Country Partnership Framework and the Financial Sector Deepening and Inclusion Project funded by the FIRST Initiative Trust Fund, MG Law firm assisted the authorities of Georgia to undertake legal review and prepare recommendations for legal changes to support pension reform. Specifically,

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Irakli Sokolovski delivered a seminar at TBC Bank: Managing Legal Relationship with Investors

Irakli Sokolovski, the Counsel at MG Law Office, advises clients on general corporate matters, local and cross-borders merger and acquisition transactions, complex commercial matters, foreign investments, venture capital financing and regulatory issues. He is experienced in analyzing national laws and regulations, drafting contractual frameworks and negotiating with potential investors and government authorities on public private partnerships. Cooperation

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