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Ministry of Justice raises budget for international court lawyers

by Mariam Razmadze
December 6, 2024
in Business & Economy
Reading Time: 1 min read
Ministry of Justice raises budget for international court lawyers

Photo: Netgazeti

The National Agency for State Procurement announced that the Ministry of Justice has recently increased its budget to GEL 66 million for hiring international court lawyers.

The increase in legal costs was preceded by the International Chamber of Commerce Arbitration Tribunal’s requirement for Georgia to compensate ENKA Renewables with $383 million for the Namakhvani project.

This dispute was legally represented by White & Case, which has been paid GEL 25 million to date.

The country has overall spent GEL 230 million on arbitration, and the highest costs are as follows:

  • White & Case: GEL 171 million
  • AARPI: GEL 31 million
  • Dechert: GEL 25 million

Currently, the government has compensation cases amounting to $1.7 billion, including:

  • Zaza Okuashvili vs. Georgia: $328.2 million
  • TELCELL companies: $154 million
  • ENKA Renewables: $383.2 million

 

Tags: EnkaNamakhvaniThe Ministry of Justice
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